eZee Absolute

MAY 13, 2024

Well, the answer lies in how well you’re using your Hotel Revenue Management System (RMS) reports. But with so many reports available, how do you find the ones essential for maximizing your hotel’s revenue? And you wonder what you must be doing wrong, right? RMS reports are like secret weapons for hoteliers.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

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 52

Revenue Management Revenue Management Upsell 52

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.

Revenue Management 52

Revenue Management Revenue Management Market 52

Hospitality Net

APRIL 17, 2024

Organizations are able to harness the power of data to gain a deeper understanding of their operations, customer behaviors, and market trends, unlocking competitive advantages.

Revenue Management 205

Revenue Management Revenue Management Operations 205

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

Hospitality Net

DECEMBER 12, 2023

A recent study by Regional Research Reports concluded that in 2022, the global Hotel Revenue Management Systems (RMS) market was valued at millions of USD and was projected to reach multi-millions of USD by 2033. And there are reasons we’re seeing such a rapid rise in demand: Next-generation RMSs.

Revenue Management 130

Revenue Management Revenue Management Business 130

Little Hotelier

FEBRUARY 25, 2024

What is revenue management consulting? Revenue management consulting is specialised expertise that a business can bring in to gain guidance on managing and optimising revenue. An investment in hotel revenue management services is therefore one that can quickly deliver an attributable return.

Revenue Management 52

Revenue Management Revenue Services Management 52

Hospitality Net

MARCH 29, 2024

The HSMAI Foundation Special Report: The State of Hotel Sales, Marketing, and Revenue Optimization Talent 2023-2024, explores the idea: Hands-on learning is the only way to build a pipeline of talent ready for unknown roles. You have to build this talent because you cannot buy them (McCarthy, 2023).

Hospitality 130

Hospitality Revenue Management Pipeline Revenue 130

Hospitality Net

AUGUST 27, 2023

With casinos now in almost every state in the US, knowledge about gambling operations, loyalty programs, and marketing tactics is increasingly prevalent. Gaming operators have long expanded into other hospitality industries and, recently, online.

Casinos 116

Casinos Revenue Management Revenue Management 116

Hospitality Net

JULY 18, 2023

Duetto, the hospitality industry’s #1 Revenue Management Software (RMS), has released its latest look at the global hotel market, reporting positive signals in all metrics through to year-end.

Hotel Marketing 149

Hotel Marketing Market Marketing Revenue Management 149

Hospitality Net

DECEMBER 13, 2023

AI in the hospitality industry will enhance revenue management, menu development, employee and guest education, marketing, sales, and more. We are at the very beginning of this exciting technology that comes with some cautions ahead–cybercrime and terrorism for starters.

Hospitality 148

Hospitality Revenue Management Revenue Sales 148

Hotel Business

SEPTEMBER 12, 2023

IDeaS , a SAS company, has released the report “ Unlocking Hotel Performance: The Power of Revenue Management Technology Today ,” which includes key insights into how investors view revenue technologies, the role of artificial intelligence in hospitality and how technology is reshaping hospitality commercial organizations.

Revenue Management 59

Revenue Management Revenue Net Operating Income Management 59

Catala Consulting

JANUARY 8, 2024

Introduction Revenue Management Systems (RMS) are the cornerstone of modern hospitality and travel industries. This article will explore the evolution of RMS, highlighting key developments and the impact on the hospitality industry. They primarily helped in setting room rates and managing reservations.

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?

Revenue Management 52

Revenue Management Revenue Resorts Management 52

Hotel Speak

AUGUST 9, 2023

In the dynamic landscape of the hospitality industry, effective hotel revenue management stands as a cornerstone for optimizing profits. Understanding the Essence Hotel revenue management is a strategic process encompassing the precise pricing of hotel rooms to unlock their full revenue potential.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

Hospitality Net

SEPTEMBER 6, 2023

Brick Hospitality, a San Diego-based hotel management company is proud to announce its launch and its newly appointed group of expertise-driven leaders.

Hospitality 128

Hospitality Revenue Management Revenue Sales 128

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.

Revenue Management 64

Revenue Management Revenue Management Forecasting 64

STAAH

APRIL 16, 2024

In the ever-evolving hospitality industry, staying competitive demands more than just offering great accommodations and service. 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).

Revenue Management 79

Revenue Management Revenue Management Forecasting 79

Hospitality Net

NOVEMBER 6, 2023

Duetto, the hospitality industry’s #1 Revenue Management Software (RMS), has announced today that Advance, its real-time, dynamic revenue optimization solution, unveiled at ITB in March, is now available to hotels around the world.

Revenue Management 174

Revenue Management Revenue Market Marketing 174

Hotel Management

OCTOBER 26, 2023

His role will include management over everything from revenue and distribution to client and customer engagement, multi-segment contracting and negotiation, product analysis, partnerships and marketing. I’m excited about the future with Lachlan at the helm given his strategic approach and ability to empower his teams.

Hospitality 279

Hospitality Hotels Resorts Branding 279

STAAH

OCTOBER 5, 2022

The leading cloud-based hospitality solution specialist STAAH has partnered with Revnomix Solutions LLP, a seven-year-old revenue management firm with a Global presence, which provides revenue management services to hotels. Revseed provides: which is based on Artificial Intelligence (AI) and Machine Learning (ML).

Revenue Management 84

Revenue Management Revenue Management Retail 84

Catala Consulting

NOVEMBER 18, 2023

The Evolution of Hotel Revenue Management In its early stages, hotel revenue management was a game of numbers – it was all about filling rooms and adjusting prices based on demand. As the industry evolved, so did the concept of revenue management. Revenue management software is a prime example.

Revenue Management 52

Revenue Management Revenue Management Hotels 52

Hotel Business

APRIL 25, 2024

First Hospitality , a national hotel operating, management and development company, has appointed Nadia Panasyuk to VP, revenue strategy. Panasyuk brings more than 20 years of hospitality experience in lifestyle, full-service and independent properties to the role.

Hospitality 59

Hospitality Market Share Revenue Management Revenue 59

Hospitality Net

APRIL 9, 2024

In today’s competitive hospitality landscape, hotels are facing increasing pressure to optimize their revenue streams and stay ahead of industry shifts.

Revenue 155

Revenue Digital Marketing Revenue Management Consumer 155

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. Lack of skilled staff.

Revenue Management 72

Revenue Management Revenue Management Forecasting 72

Lodging

FEBRUARY 27, 2024

SAN DIEGO and MINNEAPOLIS—Cloudbeds and IDeaS announced a strategic technology partnership that ties the experience of the two companies together to deliver revenue solutions for accommodations providers worldwide. The collaboration will combine IDeaS’ latest revenue management solution with Cloudbeds’ hospitality management platform.

Revenue Management 162

Revenue Management Revenue Accommodation Hospitality Management 162

Hotel News Resource

MAY 16, 2024

Small properties (one hundred rooms or less), especially upper-upscale and luxury boutique hotels in destination markets that are principally leisure with higher ADRs, are often attractive buy-out destinations for certain kinds of groups. This can range from weddings and reunions to corporate and association retreats or incentive travel.

Revenue Management 45

Revenue Management Market Marketing Revenue 45

Hotel Business

MAY 8, 2024

Hospitality America has promoted Leigh Holloway to chief strategy officer (CSO) under the leadership of Ben Campbell, president/CEO Ben Campbell. Having joined Hospitality America in 2016, Holloway has had various roles within the company, including VP, revenue management and regional director, revenue management.

Hospitality 59

Hospitality Revenue Management Intent Revenue 59

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. Revenue managers have had to up their ante on monitoring local trends and populace segments to get a better understanding of demand.

Revenue Management 71

Revenue Management Revenue Management Forecasting 71

Hospitality Net

MARCH 21, 2024

The Hospitality Sales and Marketing Association International’s (HSMAI) Commercial Strategy Conference — the evolution of HSMAI’s Marketing Strategy Conference and HSMAI ROC — will take place in Charlotte, North Carolina from June 25-26, 2024 at the Charlotte Convention Center.

Marketing Strategy 147

Marketing Strategy Revenue Management Sales Revenue 147

SiteMinder

OCTOBER 26, 2023

Dallas, USA – Brittain Resorts & Hotels (BRH), a leading full-service hospitality management company, has adopted SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, as part of its newly-announced business intelligence technology matrix. It can literally cost us millions.

Revenue Management 81

Revenue Management Revenue Resorts Management 81

Hospitality Net

JUNE 8, 2023

Silicon Valley-based LodgIQ™, the premier AI-powered revenue management technology provider, has announced its sponsorship of the 2023 Hospitality Sales and Marketing Association International (HSMAI) ROC Conference, which takes place June 27-28 in Toronto, Canada.

Revenue Management 208

Revenue Management Revenue Events Sales 208

STAAH

MAY 7, 2024

In this regard, having a solid marketing mix in place is crucial. This flexibility allows you to meet guests’ expectations while ensuring your prices remain competitive in today’s digital market. Establishing a marketing database through guest sign-ups enables personalized communication.

Market 83

Market Marketing Occupancy Digital Marketing 83

Hotel Management

JULY 25, 2023

BWH Hotels is set to expand its presence in the New Zealand market through a partnership with Capstone Hotel Management. BWH Hotels Australasia Director of Development, Danilo Curcuruto, said the partnership is a springboard for further expansion in the New Zealand market.

Market 130

Market Marketing Revenue Management Management 130

Hotel Business

FEBRUARY 29, 2024

Springwood Hospitality , a Hilton and Marriott-branded hotel development and management company, has promoted Caitlin Brandenburg to director, sales and revenue. She was previously revenue manager. Her depth of experience in the hospitality industry will elevate our sales strategies and drive revenue growth.

Hospitality 59

Hospitality Revenue Management Revenue Sales 59

Hospitality Tech

JANUARY 30, 2024

In a constantly-evolving market, there is no room for complacency. It is critical hotels understand not only the need to adopt dynamic revenue management practices, but how every customer touchpoint is now a revenue opportunity.

Revenue Management 52

Revenue Management Revenue Management Market 52

Hospitality Net

APRIL 11, 2023

Marking its debut in Portugal, the one-of-a-kind camp will bring together top academics and industry leaders to run a one-week education, knowledge-sharing and networking programme for sales, marketing and revenue management experts, as well as general managers.

General Manager 162

General Manager Revenue Management Business Revenue 162