Remove Forecasting Remove Market Share Remove Overbooking
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DerbySoft Launches Strategic Partnership with IDeaS

Hotel Speak

G3 RMS provides DerbySoft with scientific pricing, forecasting, and rate availability decisions at the room type and rate code level to drive optimal revenue performance across guest categories. Enhanced Analytical Insights: IDeaS offers powerful forecasting that uses advanced analytics, AI, and machine learning to predict future demand.

Revenue 105
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Hotel Revenue Management Strategies

Xotels

Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.

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Benefits of Yield Management in the Hotel Industry

Inn Quest

Yield management allows hotels to stay competitive in a crowded market, increasing their market share and revenue. Yield management also allows hotels to forecast demand and plan their inventory accordingly, ensuring enough rooms are available during high-demand periods and minimizing the risk of overbooking.

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Top Revenue Management Strategies for Hotels

Xotels

Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.

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Cloudbeds unveils annual State of Independent Lodging Report

Hotel Speak

Adam Harris, Co-Founder and CEO of Cloudbeds , said: “The outlook for the travel industry in 2024 looks rather encouraging, with economic forecasts shifting from fears of a global recession to expectations of a soft landing and moderate growth. With demand relatively flat, hotels will need to focus efforts on growing market share and RevPAR.

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Cloudbeds unveils annual State of Independent Lodging Report

Cloudbeds

Adam Harris, Co-Founder and CEO of Cloudbeds, said : “The outlook for the travel industry in 2024 looks rather encouraging, with economic forecasts shifting from fears of a global recession to expectations of a soft landing and moderate growth. With demand relatively flat, hotels will need to focus efforts on growing market share and RevPAR.