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What is Hotel Revenue Management?

Xotels

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.

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What is a hotel reservation system and why is it important?

Cloudbeds

When travelers make a hotel reservation, they expect a seamless experience , or they may decide to stay elsewhere. For hotels, meeting this expectation means moving away from manual processes and investing in booking software that allows travelers to book a room when they want on the channel of their choice.

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What is a channel manager? All you need to know

Cloudbeds

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. After all, travelers can’t book a property they don’t find! With a good channel manager, you can save time, get more bookings, and distribute room inventory easily.