AskSuite

JUNE 9, 2025

This enables instant alerts on drops in conversion rates, underperforming channels, or missed upsell opportunities. This leads to better resource allocation and more accurate forecasts for demand, occupancy, and staffing. sending arrival instructions two days prior to check-in) Booking channel (e.g.,

Operations

Xotels

MARCH 3, 2025

Revenue management tools are software and systems that help hotels optimize pricing, control cost , maximize occupancy, and increase profitability. These tools use data-driven insights, automation, and forecasting to ensure youre charging the right price at the right time. What Are Revenue Management Tools?

Revenue Management

Hospitality Tech

JUNE 15, 2025

These devices use advanced sensors and AI to monitor temperature, humidity, air quality, light, barometric pressure, and occupancy — including pets or sleeping guests. Anacove’s integrations include: Smart Thermostats that go far beyond basic climate control. Clap resides in Connecticut with his wife and has two adult children.

Forecasting

Hotelogix

FEBRUARY 27, 2025

Double bookings , incorrect charges, and missed upsell opportunities can result in revenue loss and negative guest reviews. By tracking occupancy trends, revenue forecasts, and guest preferences, hotels can fine-tune their marketing strategies and improve personalized guest experiences. Manual processes lead to costly errors.

Operations

Hospitality Tech

JUNE 16, 2025

These devices use advanced sensors and AI to monitor temperature, humidity, air quality, light, barometric pressure, and occupancy — including pets or sleeping guests. The solutions leading AI merchandising capabilities have also been embedded directly into OPERA Cloud’s check-in path, resulting in an uplift of 20% in upsell revenue.

Upsell

Hospitality Tech

JUNE 15, 2025

These devices use advanced sensors and AI to monitor temperature, humidity, air quality, light, barometric pressure, and occupancy — including pets or sleeping guests. Anacove’s integrations include: Smart Thermostats that go far beyond basic climate control. Clap resides in Connecticut with his wife and has two adult children.

Forecasting

Hospitality Tech

JUNE 16, 2025

These devices use advanced sensors and AI to monitor temperature, humidity, air quality, light, barometric pressure, and occupancy — including pets or sleeping guests. The solutions leading AI merchandising capabilities have also been embedded directly into OPERA Cloud’s check-in path, resulting in an uplift of 20% in upsell revenue.

Operations

Catala Consulting

JANUARY 21, 2025

In this article, well delve into the critical role of AI agents in hospitality, examine their benefits and challenges, explore real-world applications, and forecast what the future holds for this game-changing technology. Personalized upselling and cross-selling opportunities help maximize guest spend.

Hospitality

Hospitality Tech

JUNE 16, 2025

These devices use advanced sensors and AI to monitor temperature, humidity, air quality, light, barometric pressure, and occupancy — including pets or sleeping guests. The solutions leading AI merchandising capabilities have also been embedded directly into OPERA Cloud’s check-in path, resulting in an uplift of 20% in upsell revenue.

Management

TravelNet

JULY 16, 2025

Is your housekeeping labor cost in line with occupancy? And remember, analytics doesn’t stop at revenue. You should also be asking: Are your internal operations efficient? Are service tickets closed on time? Are your owners using the portal? Are they happy with it? Data-driven operators can use analytics to: Identify training needs (e.g.,

Market

Cloudbeds

DECEMBER 16, 2024

Can you create a two-day plan for me, also considering the weather forecast? Multimodal AI links this data into a unified system, enabling them to correlate satellite imagery of crop health with soil conditions and weather forecasts to make precise decisions about irrigation, fertilization, or pest control.

Operations

TravelNet

JUNE 3, 2025

Tracks all-new Owner Portal and automated reporting flows take the burden off your team. For now, its a tool that amplifies your strategy.

Upsell

SiteMinder

MARCH 25, 2025

For example, during peak travel periods, an efficient reservations manager using a modern property management system (PMS) can swiftly allocate room blocks for group bookings or special events, maximising occupancy without overbooking. Efficiently managing OTAs and direct bookings is key to maintaining high occupancy rates.

Management

Hospitality Tech

JUNE 9, 2025

Later this year, brands will also gain AI-powered tools like chatbots for data insights for loyalty, ordering, and developer support, personalized upselling and offers, plus new app-less loyalty and payment features, including wallet passes, QR codes, and auto-reloading gift cards.

Operations

Hotelogix

APRIL 24, 2025

For hoteliers, this translates to more room-nights, improved occupancy during off-peak periods, and reduced reliance on OTAs. Simplifies Targeted Marketing and Upselling Loyalty program data helps you segment your audience effectively—by stay frequency, spend level, preferences, and location.

OTA

Hospitality Tech

JUNE 9, 2025

We believe that QSRs ability to drive efficient order flow with proper routing and timing, combined with Crunchtimes inventory forecasting and prep management–leveraging data insights across the entire restaurant workflow–will directly impact speed and quality of service for our customers."

Operations

Hospitality Tech

JUNE 9, 2025

Later this year, brands will also gain AI-powered tools like chatbots for data insights for loyalty, ordering, and developer support, personalized upselling and offers, plus new app-less loyalty and payment features, including wallet passes, QR codes, and auto-reloading gift cards.

Operations

Hotelogix

APRIL 16, 2025

Meanwhile, nationwide hotel occupancy reached 67.5% With the right systems in place, you can generate an insightful report on occupancy trends, revenue streams, and guest behavior—empowering you to adjust strategies in real time. What does this mean for you as a new hotelier ? Success also depends on data-backed decisions.

Management

Hotel Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Some of the findings: Direct bookings are on the rise.

Occupancy

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.

Forecasting

Hotel Management

JULY 2, 2024

Demand forecasting, rate negotiations, inventory management – stay with us – competitor analysis and pricing strategy can leave even the most seasoned hotelier feeling a little fatigued. It gives you data from only one income source and is based on an occupancy rate that’s also an incomplete representation.

Revenue Management

STAAH

MAY 16, 2023

Hotel managers and revenue managers use data analysis and revenue management tools to determine the optimal price for each room based on various factors such as occupancy rates, booking trends, and competitor rates. 3) Forecasting Forecasting is the lifeblood of revenue management.

Revenue Management

SiteMinder

JUNE 12, 2024

Learn more Yield management vs revenue management The goal of yield management is not merely to increase room rates or occupancy; rather, it’s to maximise your hotel’s revenue by forecasting your room supply and demand across a variety of key factors. This strategy aims to ensure maximum occupancy.

Yield Management

SiteMinder

JUNE 26, 2024

Included in this will be key metrics, forecasting models, and trending insights. Here are some of the key benefits: Increased profitability: By setting the right room rates and managing inventory effectively, hotels can maximize their revenue without necessarily sacrificing occupancy rates.

Revenue

STAAH

APRIL 23, 2024

Interactive dashboards and visual representations make it easier for revenue managers to make data-driven decisions, identifying revenue trends, tracking performance metrics, and accurately forecasting future demand.

Revenue Management

Hotel Speak

MAY 30, 2024

F&B management has traditionally worked to patterns such as time of day or seasonality, using forecasts to predict and manage costs. More intelligent forecasting and cost control, enabled by technology, is able to help hotels more effectively respond to market changes. Some of these are harder than others to prevent.

Consumer

Catala Consulting

MAY 17, 2024

Revenue management is a crucial aspect of the hospitality industry, focusing on maximizing income through strategic pricing, inventory control, and demand forecasting. These frontline employees are instrumental in shaping the guest experience, impacting occupancy rates, and ultimately driving revenue.

Revenue Management

Hotelogix

AUGUST 6, 2024

Utilize data analytics to forecast demand accurately and adjust prices in real-time. Train your staff to identify and capitalize on upselling opportunities. Targeted marketing campaigns: Run campaigns during off-peak periods to boost occupancy. Read Also: What is Dynamic Pricing in Hotels?

Revenue

SiteMinder

JULY 13, 2024

Without it, your business is essentially forfeiting the ability to boost bookings, revenue and profit, offer competitive rates and promotions, and forecast effectively. Forecasting Forecasting involves predicting future demand for rooms. We’ll talk more about forecasting and analysis later.

Revenue Management

Hotel Speak

AUGUST 9, 2023

By delving into market dynamics, guest preferences, and strategic pricing, hoteliers can fine-tune their room rates, distribution strategies, and other pivotal elements to achieve maximum occupancy and revenue. Key metrics like occupancy rates and revenue remain uncharted waters, unguided by data-driven insights.

Revenue Management

STAAH

MAY 27, 2025

In hospitality, every dollar earned reflects smart planning, sharp forecasting, and responsive pricing, all driven by the Hotel Revenue Manager. STAAH Tip: STAAH SwiftBook is designed for conversion from promo code support to upsell features, it helps you drive more direct bookings. Revenue is never accidental.

Revenue Management

SiteMinder

JULY 25, 2022

You can use ADR to forecast for specific weeks, months, or seasons, and then set performance goals for your business – making plans to improve any areas you thought you could have done better in the past. With higher occupancy, you have more chances to win revenue from guests during their stay. How to set KPIs for ADR?

Average Daily Rate

Xotels

APRIL 3, 2024

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.

Revenue Management

Inn Quest

MAY 11, 2023

By drawing in more visitors, raising occupancy rates and enhancing profitability, a thoughtful pricing strategy can help hotels maximize their revenue. Even if occupancy rates do not rise, this can help hotels raise their profit margins. A Rise in Profitability: Effective pricing strategies can also boost a hotel’s profitability.

Revenue

Travelboom Marketing

MAY 24, 2024

When you see seasonal peaks and annual events affecting occupancy rates and reservation types, then you can adjust room pricing, add-on services, and staffing to achieve the most efficient, profitable combination. When a lower demand is forecast, deploying special promotions encourages bookings and evens out revenue.

Revenue Management

Hotelogix

FEBRUARY 28, 2025

” For Revenue Managers: Maximizing Profitability and Forecasting Demand Revenue managers play a critical role in pricing, occupancy, and financial forecasting. AI can provide data-driven insights to support these decisions.

General Manager

Cloudbeds

MARCH 23, 2023

Why eCommerce is important for lodging operators According to Statista , 69% of total revenue from the global travel and tourism market is booked online, representing approximately $475 billion in revenue in 2022 and forecasted to surpass $521 billion in 2023.

OTA