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The hospitality industry must stay aware of profit-increasing incentives and cost-cutting measures without negatively impacting service delivery and guest satisfaction.
Outsourced revenuemanagement has become a strategic solution for independent and lifestyle hotels that want to grow profitably without building large in-house commercial teams. This approach delivers expert pricing, forecasting, and distribution support while keeping fixed costs low. What Is Outsourced RevenueManagement?
As a leader in revenuemanagement consulting , were always at the forefront of what is happening in the hotel industry and keeping a close eye on how revenuemanagement trends keep evolving. While questions like What are the top trends in revenuemanagement for 2025?
Duetto has launched GameTime, a streamlined revenuemanagement system (RMS) designed specifically for select-service and limited-service hotel brands. GameTime brings together rate optimization, enterprise pricing, forecasting and performance tracking in one streamlined platform. “We
The real driver of profit is the number of delegates and attendees who spend on event space, food and beverage, guest rooms, and ancillary services. Growing revenue from meetings and events requires essential collaboration between Marketing, Sales, and RevenueManagement : Marketing : Targets and attracts the right audiences and event types.
If there’s a sudden change, for example, an influx of last-minute bookings hits the system, the platform can enable revenuemanagers to adjust room rates dynamically to maximize revenue. Why it’s important for hotels? Why it’s important for hotels? This on-demand access helps staff gain practical knowledge faster.
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. Single-solution platforms harness AI to: Analyze booking trends and forecast demand.
Use revenue tech to your advantage Revenuemanagement systems (RMSs) have evolved to provide smarter segmentation and demand forecasting to tighten levels of granularity. Things like upselling, cross-selling ancillary services, and promoting on-site spend at restaurants, spas etc.,
Real-Time Reporting & Forecasting: Access performance metrics and demand forecasts up to 365 days out. Portfolio Management: Manage multiple properties and brands with centralized visibility and enterprise-level strategies. Whether general or front desk managers, our staff use it with ease and confidence.
From making sure staff, guests, and smooth operations are all attended to, we can understand why revenuemanagement so frequently gets put on the back burners. So, let’s provide you with a list of revenuemanagement tools to simplify managing your hotel so much easier: What are RevenueManagement Tools?
A hotel commercial strategy is a coordinated business approach that integrates sales, marketing, revenuemanagement and distribution efforts to maximise total hotel revenue. Some RMSs feature forecasting tools that predict future booking trends and optimise your inventory well ahead of time.
Chatbots and virtual concierges powered by AI can handle guest inquiries 24/7, offering recommendations, booking services, and troubleshooting issues without human intervention. Restaurants: Streamlining Operations and Elevating Service Robotics and automation are revolutionizing restaurant operationsfrom front-of-house to kitchen prep.
Singlepane has launched asset management software built specifically for hotel owners, adding three new modules to its original business intelligence (BI) platform. Debt service tracking: Advanced tracking and reporting of loan details and compliance with loan covenants.
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, revenuemanagement systems, and market sources in real time.
PARIS 2 April 2025 IDeaS , a SAS company and the worlds leading provider of hospitality revenuemanagement 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.
As a newcomer to the competitive Greek resort market, Ella Resorts understood from the outset the importance of embedding a data-driven revenue strategy to support its rapid growth and diverse property portfolio. With over 30 years of expertise, IDeaS drives better revenue for more than 30,000+ clients in 152 countries.
With a centralized HMS, revenuemanagement tools can optimize pricing strategies, direct booking systems can reduce OTA dependency, and automated staffing solutions can ensure that operational costs remain under control. Guests get faster service, leading to higher satisfaction scores. Profitability hinges on efficiency.
The impact of EBITDAR on a hotels business EBITDAR can help hotels make better decisions across several areas: Operational efficiency By reflecting a hotels real operational health, EBITDAR shows how well the property is being managed, independent of financing and ownership structures. Here are some tips to do that: 1.
Picture a system that displays your hotel's current status and forecasts its future. This guide will explore how hotel business intelligence operates, why it matters, and how it can boost your hotel management. Happier Guests: Know your customers better and shape your services to fit their wants. Here are some examples.
âhotels can now offer the speed, personalization, and polish of enterprise-scale operationsâon their own terms.â As guest expectations rise and staffing challenges persist, this collaboration empowers hotels using the Visual Matrix PMS, a premium, high-touch service without expanding their teams.
Learn more Amadeus GDS meaning for hotel distribution and revenuemanagement By utilising Amadeus GDS and other GDS partnerships, your hotel can enjoy a significant boost to both bookings and profit. Unfortunately, we cant provide a definitive cost for using Amadeus at your hotel.
Episodes cover topics like team management, customer service excellence, and personal development. The Hotel Marketing Podcast is for hotel marketers, revenuemanagers, and hospitality professionals looking to enhance their marketing efforts. Who’s it for? Who’s it for? Who’s it for?
We certainly felt the impact, especially going into March,” says Christopher Ellison, Vice President of Revenue at Brittain Resorts and Hotels, a full-service hospitality management company based in the Southeast region. According to Tourism Economics’ latest forecast, 2025 remains on track to achieve over 1.6
RaccoonRev Plus is engineered to bridge the gap between basic rule-based pricing and the full complexity of traditional RevenueManagement Systems (RMS). Looking beyond revenue, van Dyl sees this as the first step in RoomRaccoons broader AI journey. âRevenuemanagement is just the beginning. Travelers are 1.3x
They simplify the often complex world of revenuemanagement , giving you a reliable foundation to build upon as you grow your confidence in managing rates. You – and your guests know – the worth of your rooms and services, allowing you to carve out your niche in the market.
The portfolio of solutions provides full-service, mid-scale, and limited-service hotels a range of connectivity options for delivering customized guest Wi-Fi experiences that meet the unique demands of each market segmentâfrom luxury to budget hotels. AI-Driven RUCKUS Wireless APs Two new APs join an already existing AP solution.
With CPI, we can enable faster check-ins, touchless payments, and a more secure, PCI DSS-compliant environment for all our properties.â With CPI, Wyndham franchisees can leverage: Scalable payment services that can rapidly adjust to fit a growing hotelâs needs.
Tech-Powered Transformation Amid this rapid growth, Kekeâs is embracing technology to improve service and streamline operations. This eliminates the need for manual data entry, reduces errors, and speeds up service across busy QSR environments. âPartnering with PAR allows us to bring that philosophy into the digital age.
Itâs a platform for entertainment and for delivering integrated services that reduce operating costs, simplify installations, and increase staff effectiveness. Once approved by LG, these services operate independently but harmoniously, unlocking new opportunities for cost savings, guest engagement, and streamlined operations.
Michal Christine Escobar 6/17/2025 Artificial intelligence has already reshaped hospitality operationsâfrom revenuemanagement to guest messagingâbut at HITEC 2025, Carl Winston, Founding Director of the Payne School at San Diego State University, took the stage to explore what weâre losing in the race to innovate. The vendor?
From revenuemanagement to communication, data-backed decisions are redefining how hotels operate daily. Evidence-Based Action, Not Intuition Hospitality managers often operate under pressure, needing to make rapid decisions about staffing, pricing, and service delivery.
From revenuemanagement to communication, data-backed decisions are redefining how hotels operate daily. Evidence-Based Action, Not Intuition Hospitality managers often operate under pressure, needing to make rapid decisions about staffing, pricing, and service delivery.
at our customersâ fingertips through the Community Portal to enable effortless self-service. This solution boosts operational efficiency while delivering fast, personalized service over the phone. This solution boosts operational efficiency while delivering fast, personalized service over the phone. SynXis Concierge.AI
However, meeting these expectations has become increasingly complex as customers demand faster responses, greater personalization, and innovative services. AI agents are reshaping the hospitality industry, automating repetitive tasks, optimizing revenue strategies, and enabling more meaningful guest interactions. Curtains and blinds.
FreedomPays solution ensuring payment acceptance is consistently available and operational, a critical factor for success in the fast-paced quick service restaurant (QSR) industry. Their platform facilitates seamless guest interactions, from room service orders to spa bookings, enhancing the overall guest experience.
57% of travelers seek an AI assistant that can work across multiple brands and services to autonomously solve for their needs. Even small increases in poor experiences lead to major drops in engagementâa rise from 1% to 2% bad interactions reduces user time on a service by 42%. Travelers are 1.3x as engaged, and 1.7x
Managing complex room invoicing scenarios Choose an invoicing tool that can handle situations like group stays, extended stays, cancellations, split payments and bundled services like packages or events. Streamlining hotel invoicing with technology The best invoicing tools aren’t standalone solutions.
An original equipment manufacturer for the hospitality industryâs top hotels, consumer digital signage, and airline seatback video players, Enseo became a full-service hospitality integrator in 2013, delivering brand customization. For more information, visit www.enseo.com. What This Means for IT Leaders: 1. Travelers are 1.3x
Todd Johnstone, Allbridgeâs CEO said, âSkyway with Allbridge Intelligence is the only platform that provides the foundation for the seamless connected technology required to deliver the highest standard of digital service. LAN service providers are enabled to provide more customized solutions to their hospitality clients.
Tech-Powered Transformation Amid this rapid growth, Kekeâs is embracing technology to improve service and streamline operations. This eliminates the need for manual data entry, reduces errors, and speeds up service across busy QSR environments. âPartnering with PAR allows us to bring that philosophy into the digital age.
Pop-up and add-on rentals are captured and tracked, increasing ancillary revenue without adding headcount. Properly maintained systems stay in service longer, reducing downtime, guest complaints, and capital replacement costs. Super Duper is all about fast, quality service with heart," said Edmondo Sarti , CEO.
Customer Expectations : Guests are becoming more demanding, expecting personalized experiences, seamless service, and high-quality amenities. Technological Shifts : From online booking platforms to property management software, technology is essential, but implementation and optimization can be daunting.
This podcast is perfect for those looking for quick, digestible advice on improving guest services, optimizing efficiency, and increasing profitability. Topics include revenuemanagement, guest relations, and staff training techniques.
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