Xotels

JULY 11, 2025

Think revenue management is just for the big hotel chains or that it’s all about jacking up prices? Believe me when I say, as the COO of a revenue management consulting firm, that at least one of the below misconceptions is draining your hotel’s profits faster than a leaky faucet.

Revenue Management 40

Revenue Management Revenue Management Overbooking 40

Hotel Speak

MAY 23, 2025

The hospitality industry is more data-driven than ever, yet marketing and revenue teams are still dancing to different tunes and that digital disconnect is costing real-life revenue. When marketing and revenue teams collaborate, the commercial impact can be significant. Marketing drives demand.

Revenue 57

Revenue Hotel Marketing Marketing Market 57

SiteMinder

JULY 13, 2024

What is hotel revenue management? Hotel revenue management is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. What is the primary purpose of revenue management?

Revenue Management 98

Revenue Management Revenue Management OTA 98

Demand Calendar

MARCH 11, 2025

Growing revenue from meetings and events requires essential collaboration between Marketing, Sales, and Revenue Management : Marketing : Targets and attracts the right audiences and event types. Revenue Management : Aligns pricing, forecasting, and availability to optimize delegate volume and spending.

Revenue 69

Revenue Revenue Management Upsell Forecasting 69

Hotel Financial Coach Blog

SEPTEMBER 8, 2024

Rolling forecasts are nothing new but I must point out that most hotels don’t use them, and they really should. To start out we need to define how we produce a rolling forecast and point out the best practices around its creation. Without the budget we can’t have a rolling forecast. That’s the part the rolling forecast plays.

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Forecasting Hospitality Revenue Closing 130

Hotel Speak

FEBRUARY 1, 2024

The annual Duetto Revenue Management Trends & Predictions Survey results are in! More than half, 57.1%, said revenue management was more important to their business than the previous year. are currently using a revenue management system (RMS), up from 82.3% This is the third annual survey from Duetto.

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Revenue Management Revenue Management Forecasting 106

STAAH

APRIL 23, 2024

As technology continues to evolve, so do the strategies and innovations within revenue management. Let’s delve into some of the key trends shaping the future of revenue management in the hotel industry: 1.

Revenue Management 110

Revenue Management Revenue Ancillary Revenue Management 110

Demand Calendar

MARCH 13, 2023

Forecasts should be reasonably accurate, but they will never be entirely correct. Therefore, the revenue management system should take the first shot at forecasting. The second opinion is that the revenue manager will add the human touch based on extensive experience from the destination and the hotel.

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Forecasting Revenue Management Revenue Management 98

Xotels

MARCH 3, 2025

From making sure staff, guests, and smooth operations are all attended to, we can understand why revenue management so frequently gets put on the back burners. So, let’s provide you with a list of revenue management tools to simplify managing your hotel so much easier: What are Revenue Management Tools?

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Cloudbeds

NOVEMBER 15, 2024

For years, the gold standard guiding business strategies for hotels has relied heavily on historical data, analyzed a few times a year (at best), making it difficult to swiftly respond to changing market conditions. For hotels, this includes making dynamic rate suggestions and identifying segments and offers for marketing campaigns.

Upsell 105

Upsell Occupancy Revenue Management Revenue 105

eZee Absolute

DECEMBER 7, 2023

Revenue management (RM) is supremely necessary for hotels. I kid you not, most of the hotels refrain from opting for any sort of revenue management services. The hotel revenue management myths that are swirling around are the real reasons hotels are so skeptical about it. Who is to blame for it?

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

STAAH

APRIL 2, 2024

Effective revenue management provides hoteliers with a clear roadmap for pricing and optimisation, while acting as a gauge to measure success. What is a Revenue Management Solution for Hotels? What is a Revenue Management Solution for Hotels? 2) Real-time data and accurate forecasting.

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Revenue Management Revenue Management Hotels 107

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

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Revenue Management Revenue Management Ancillary Revenue 76

SiteMinder

APRIL 25, 2024

With every passing year, revenue management is playing a more central role at hotels as they navigate a landscape now locked in a permanent state of change. The exact genesis of yield management (now revenue management) in the hospitality sector is hotly debated,” says Stuart-Hill. “The

Revenue Management 111

Revenue Management Revenue Management Hotels 111

STAAH

OCTOBER 25, 2022

From irregular demand patterns to changing distribution mix and a depleted talent, here’s a roundup of challenges faced by revenue managers from India right now. The STAAH team went out to leading revenue managers from India to understand what are the biggest challenges they are facing. Forecasting and budgeting.

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Revenue Management Revenue Management Forecasting 96

STAAH

APRIL 16, 2024

Hoteliers need to employ smart strategies to optimize revenue and profitability. One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS). This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.

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Revenue Management Revenue Management Forecasting 106

Hotel Speak

NOVEMBER 19, 2024

When it comes to revenue management, casino resorts require a different approach than traditional hotels. Implemented effectively, a solid casino-centric revenue management strategy can help casino managers market their casino to the right audience and price their products to boost bottom-line revenue.

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Casinos Revenue Management Revenue Management 79

SiteMinder

AUGUST 11, 2024

It’s hard to imagine revenue management before the advent of hotel software and systems. Thanks to these solutions, today’s revenue manager can produce forecasts, distribute inventory and adjust rates with speed – a stark contrast to the manual and long drawn-out processes that defined the practice in the past.

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Revenue Management Revenue Management Forecasting 84

STAAH

NOVEMBER 8, 2022

Like many other areas in travel and hospitality, revenue management has dramatically changed in the last two years. We spoke to leading revenue managers on what they think lies ahead. Look beyond conventional methods of forecasting in light of demand and booking window volatility advises Shanta. Dynamic pricing.

Revenue Management 96

Revenue Management Revenue Management Forecasting 96

Preno

JUNE 19, 2025

. — RoomRaccoon is gearing up to launch RaccoonRev Plus, an AI-powered revenue-management tool that will deliver RMS-level pricing intelligence natively within the RoomRaccoon platform. The result is a powerful, data-driven tool that helps independent hoteliers stay competitive and unlock greater RevPAR.

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Revenue Management Revenue Forecasting Management 52

Hotel Speak

MAY 23, 2025

Award-winning hotel booking platform Profitroom has announced a new integration with market-leading revenue management software provider, IDeaS. Built to meet the needs of hospitality commercial teams, IDeaS software simplifies the complexities of dynamic revenue optimisation.

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Revenue Revenue Management Forecasting Hotels 67

Hotel Speak

APRIL 18, 2025

Tools like personalized email marketing, dynamic content on booking engines, and tailored digital advertising can shift focus from pure rate competitiveness to relationship-building and brand engagement. These partnerships also have the added benefit of marketing your business.

Revenue 93

Revenue Average Daily Rate Revenue Management Hotels 93

Cloudbeds

DECEMBER 2, 2024

One of the main challenges for hotels is creating accurate forecasts in the short, medium, and long term. Understanding future demand trends, their causes, and the guest segments driving them can help hotel revenue managers adjust room rates to boost occupancy and sales. But traditional forecasting models no longer cut it.

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Forecasting Revenue Management Occupancy Revenue 75

STAAH

MAY 27, 2025

Revenue is never accidental. In hospitality, every dollar earned reflects smart planning, sharp forecasting, and responsive pricing, all driven by the Hotel Revenue Manager. Why Is the Revenue Manager So Important? A Closer Look: A Day in the Life of a Revenue Manager Lets demystify the daily routine.

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Revenue Management Revenue Management OTA 71

Cloudbeds

OCTOBER 9, 2024

Hotel forecasting is a critical component of successful hotel management, serving as the foundation for strategic decision-making and operational efficiency. As we look at the importance of forecasting for the hospitality industry, it’s interesting to note that it is also a major part of the science of hotel revenue management.

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59

Hotel Business

SEPTEMBER 15, 2023

Eister There are many myths about revenue management, but there are five we hear most often. Myth #1: Revenue management is only essential when business is booming. Revenue management is a fundamental part of business, especially in such a dynamic industry as hospitality. By Craig V.

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Revenue Management Revenue Management Forecasting 64

Hotel Business

JUNE 28, 2024

That said, it’s clear that there are few items on your property’s wish list that provide the long-term value of an effective revenue management system. Finding and implementing the right revenue management system (RMS) provider will provide competitive advantages at a time when they are most necessary.

Revenue Management 59

Revenue Management Revenue Management Forecasting 59

Catala Consulting

JANUARY 18, 2024

In the dynamic world of hospitality, the UK market stands out as a beacon of innovation and adaptation, particularly in the realm of hotel revenue management. This trend enables more accurate forecasting, dynamic pricing, and personalized marketing strategies, significantly enhancing revenue potential.

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Revenue Management Revenue Management Marketing 52

Catala Consulting

SEPTEMBER 26, 2024

The Revenue Management Playbook Online Course is now LIVE! The hospitality industry is evolving faster than ever, and with this evolution comes a heightened need for revenue management expertise. Revenue managers analyse past performance data, market trends, and guest behaviours to anticipate future demand.

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Revenue Management Revenue Management Forecasting 52

Hotel Speak

APRIL 22, 2025

Business Intelligence Agents: Forecasting with Real-Time and Historical Data Hotel forecasting has historically relied on manual reporting, static historical data, and siloed systems. AI-powered business intelligence agents now allow operators to synthesize data from the PMS, revenue management systems, and market sources in real time.

Operations 57

Operations Forecasting Hotels Digital Marketing 57

Hotelogix

JULY 18, 2024

Hotel forecasting, also known as hotel demand forecasting, is a strategic process that predicts future demand for hotel rooms and services based on historical data, market trends, and various influencing factors. What is Hotel Forecasting?

Forecasting 52

Forecasting Average Daily Rate Occupancy Revenue Management 52

Xotels

APRIL 3, 2024

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Catala Consulting

OCTOBER 7, 2024

One key strategy emerging as a game-changer is data-driven revenue management. This approach combines advanced algorithms with real-time data analysis to set optimal pricing, increase efficiency, and maximise revenue potential. Teams would spend hours calculating room rates, tracking competitors, and forecasting demand.

Revenue Management 52

Revenue Management Revenue Management Occupancy 52

SiteMinder

MAY 1, 2025

What is a hotel revenue management system? A hotel revenue management system (RMS) is a technology platform that helps hotels make smarter pricing and inventory decisions. Table of contents Why is a revenue management system for hotels important? A revenue management system removes the guesswork.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

SiteMinder

MAY 14, 2025

What is revenue management software? Revenue management software is a digital tool designed for the hospitality industry to optimise room rates based on predicted demand. It uses data analytics to forecast hotel room demand, allowing hoteliers to adjust prices accordingly to maximise revenue.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Hospitality Tech

FEBRUARY 21, 2024

Learn how revenue management tools are helping hoteliers to optimize operations, democratize data accessibility, enhance forecasting accuracy, and expedite reactions to market changes.

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Revenue Management Revenue Forecasting Management 59

Catala Consulting

JULY 30, 2023

In the fiercely competitive hospitality industry, the essence of successful resort revenue management lies in data-driven decision-making. This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. Why is Revenue Management Imperative for Resorts?

Revenue Management 52

Revenue Management Revenue Resorts Management 52