Cloudbeds

NOVEMBER 15, 2024

While better than operating without data, this approach is reactive and inefficient, resulting in missed opportunities. In this article, we explore what decision intelligence is and the transformative effect it’s bound to have across demand optimization, segmentation, operations, and training and enablement.

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Upsell Occupancy Revenue Management Revenue 105

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.

Forecasting 130

Forecasting Hospitality Revenue Closing 130

Hotel Speak

FEBRUARY 1, 2024

The annual Duetto Revenue Management Trends & Predictions Survey results are in! There was also continued investment in technology, This year, we take a closer look at how that group business might be revenue optimized, as well as identify the channel management tactics hotels are planning to invest effort in for 2024.

Revenue Management 105

Revenue Management Revenue Management Forecasting 105

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

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

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

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?

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Revenue Management Revenue Management Overbooking 98

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

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Revenue Management Revenue Management Hotels 111

Hotel Speak

JANUARY 28, 2025

Hoteliers face so much pressure to deliver exceptional service while streamlining operations. But luckily, there is a solution: Single-solution platforms that consolidate all essential hotel management tools into one complete system. Another channel manager for distribution. Spreadsheets for revenue tracking.

Management 94

Management Hospitality Revenue Management Revenue 94

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

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.

Revenue Management 97

Revenue Management Revenue Management Forecasting 97

Hotel Speak

MAY 23, 2025

Award-winning hotel booking platform Profitroom has announced a new integration with market-leading revenue management software provider, IDeaS. Hoteliers with Profitroom will also be able to tap into IDeaS AI-powered demand forecasting and revenue optimisation engine to automate rate and inventory management decision recommendations.

Revenue 69

Revenue Revenue Management Forecasting Hotels 69

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.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

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). Forecasting Accuracy: Accurate demand forecasting is crucial for anticipating future demand trends and adjusting pricing strategies accordingly.

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Revenue Management Revenue Management Forecasting 107

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

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

Hotel Speak

MAY 23, 2025

In a sector where hotel marketing budgets often account for just two to three percent of overall revenue 1 , there is precious little margin for error. Yet many marketing campaigns are still created and launched without liaising with the very teams holding the clearest insights into booking pace, demand forecasts, and price sensitivity.

Revenue 59

Revenue Hotel Marketing Market Marketing 59

Hotel Speak

APRIL 2, 2025

PARIS 2 April 2025 IDeaS , a SAS company and the worlds leading provider of hospitality revenue management software and services, has announced a technology integration partnership with Medialog PMS, a hybrid next-generation personalizable property management solution that allows users to focus on a more streamlined guest experience.

Revenue Management 66

Revenue Management Revenue Forecasting Occupancy 66

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

Hotel Management

MAY 2, 2023

APAC Revenue Management Summit 2023 – “Unstoppable” May 23 and 24 Are you looking to take your revenue management skills to new heights? Look no further than the APAC Revenue Management Summit , the must-attend conference for hospitality and tourism operators.

Revenue 130

Revenue Revenue Management General Manager Forecasting 130

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 Occupancy Revenue Management Revenue 75

AskSuite

JUNE 9, 2025

Combined with AI and other tech solutions, it drives higher bookings, operational efficiency, and personalized guest communication. The hospitality industry is under increasing pressure to deliver measurable results—faster booking conversions, leaner operations, and better communication.

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Operations Hospitality Upsell Sales 52

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

Inn Quest

APRIL 3, 2023

As the hospitality industry evolves after the pandemic, it’s more important than ever for hotels to streamline their day-to-day operations to improve efficiency, enhance the guest experience, and increase revenue. Here are some ways to streamline operational tasks for your hotel.

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Operations Revenue Management Revenue Forecasting 88

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

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.

Revenue Management 59

Revenue Management Revenue Forecasting Management 59

Hotelogix

FEBRUARY 27, 2025

With the increasing complexity of hotel operations , having a centralized system that automates reservations, housekeeping updates, and billing processes can make all the difference. The hospitality industry is no longer operating on traditional pen-and-paper methods. How often do billing mistakes lead to guest dissatisfaction?

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Operations Services Hotels Revenue 40

Hotel Speak

MAY 14, 2025

By utilizing the power of data, hotels can anticipate demand surges, optimize maintenance operations and enhance the guest experience. Preparing Amenities for Increased Demand Leveraging Data Analytics for Peak Season Management 1. Enhancing Guest Experience Guest satisfaction often dips when operations are under pressure.

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Management Forecasting Occupancy Services 51

Hotel Management

JUNE 22, 2023

Ramzy Fenianos The outlook for investment in Australasia is forecast to be relatively modest for the year ahead (2.9%), which is likely to result in significant challenges for hotel developers in the region. This trend is likely to stay as independent owners continue to navigate operating in the post-pandemic era.

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Revenue Management Revenue Forecasting Hotels 130

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.

Revenue Management 52

Revenue Management Revenue Management Forecasting 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.

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Revenue Management Revenue Management Forecasting 52

Hotel Business

MAY 8, 2025

The companys original business intelligence (BI) solution aggregated and normalized thousands of general ledger (GL) code-level financial statements, forecasts, budgets and proformas from hotel operators on a monthly basis.

Management 52

Management Real Estate Forecasting Revenue Management 52

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? Hotel financial forecasting helps hoteliers set targets by predicting fiscal outcomes.

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

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?

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Revenue Management Revenue Resorts Management 52

Hotel Speak

JULY 4, 2024

July 3, 2024— DerbySoft , specialists in high-performance distribution services, announced a new partnership with IDeaS , a SAS company, provider of hospitality revenue management software and services, that strategically provides operational and revenue-enhancing benefits for hotels of all types.

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Revenue Revenue Management Forecasting Overbooking 105