Hospitality Net

AUGUST 17, 2023

RMS Cloud, a leading provider of cloud-based property management systems, and Atomize, an innovative revenue management platform, are thrilled to announce their strategic integration, ushering in a new era of hotel revenue management.

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Revenue Management Hotels Revenue Management 97

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.

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Revenue Management Resorts Hotels Revenue 81

Webrezpro

MAY 18, 2023

Hotel revenue management is a complicated process with a simple goal: to maximize revenue. If your hotel’s bottom line is bottoming out, […] Source

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Revenue Management Hotels Revenue Management 79

Hotel News Resource

SEPTEMBER 18, 2023

How often have you seen this at your hotel: Sales managers referring to the revenue management team as ‘the sales prevention department’ because they keep turning away their leads? Front office complaining about how revenue management keeps selling low opaque rates?

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Revenue Management Revenue Management Hotel Sales 110

Hospitality Net

AUGUST 24, 2023

In the ever-evolving hospitality industry, revenue management plays a crucial role in maximizing profitability and ensuring sustainable growth for hotels.

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Revenue Management Hotels Revenue Management 98

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.

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Revenue Management Hotels Revenue Management 52

eHotelier

AUGUST 2, 2023

Revenue management can sell a 3-star hotel room for 1000 euros a night: here’s how - Insights There’s no limit to the rack rate if the demand is there. Revenue managers use data to predict market rates, not feelings.

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Revenue Management Hotels Revenue Rack Rate 98

Hospitality Net

SEPTEMBER 1, 2023

Many hotels regard revenue management and hotel operations as two separate departments with different responsibilities, objectives and no natural link. In my experience, I’ve seen that collaboration between revenue and housekeeping managers can transform a hotel’s profitability.

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Revenue Management Hotels Revenue Operations 75

Hospitality Net

OCTOBER 16, 2023

Revenue management has a bad reputation in some ways because it focuses on room rates. A new hotel to some is just another place some travelers cannot afford to stay.

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Revenue Management Revenue Management Hotels 96

Hotel News Resource

AUGUST 18, 2023

Picture this: You enter a hotel, and everything, right down to the room temperature and your choice of snacks, feels like it's handpicked for you. It’s all about hotel data analytics. On another day, you find that the room prices have tweaked themselves because there's a big concert in town.

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Hotels Revenue Management Revenue Management 97

Demand Calendar

JUNE 20, 2023

Hotel revenue managers call these fluctuations seasonal and day-of-the-week demand variations. So if a hotel depends on travel reasons to the destination, which is the role of marketing and revenue management? There is no reason to go to the beach and no demand for overnight accommodation.

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Revenue Management Hotels Revenue Management 74

Hospitality Net

AUGUST 27, 2023

Casino hotels comprise only a tiny fraction of hundreds of thousands of hotels across the world. Resort casino properties often host a vast array of offerings, including gourmet restaurants, spas, golf courses, and of course, hotels. About 30 percent of almost one thousand casinos across the US have a hotel on site.

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Casinos Hotels Revenue Management Revenue 69

eHotelier

SEPTEMBER 8, 2023

IDeaS released a special report “Unlocking Hotel Performance: The Power of Revenue Management Technology Today,” including key insights hotel investors attitudes to revenue technologies, the role of artificial intelligence in hospitality, and how technology is reshaping hospitality commercial organizations.

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Revenue Management Hotels Revenue Management 52

Hotel News Resource

OCTOBER 4, 2023

It's a complex and ever-evolving field for a revenue manager to navigate, with many channels and tools to keep up-to-date with. But it is a key function for any hotel that wants to remain competitive in today's marketplace to get a firm handle on in order to welcome more guests through their doors.

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Revenue Management Revenue Management Hotels 110

Hotel News Resource

JUNE 20, 2023

Article - OTA Insight Announces Benchmark Insight, Launching a New Era of Performance Benchmarking for Hotel Revenue Managers - New offering is a powerful solution built to deliver competitive insights and shape strategic actions

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OTA Revenue Management Hotels Revenue 96

Hotel Business

JULY 12, 2023

by Blake Madril Profit optimization has proven itself to be one of the powerful differentiators in the hospitality industry, but many success stories tend not to feature limited- and select-service hotels. Part of the problem, from the operators’ perspective, is the viability of revenue management technology today versus even a few years ago.

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Revenue Management Hotels Revenue Services 52

eHotelier

FEBRUARY 22, 2023

Here are recommendations to help hotels effectively implement total revenue management using market segmentation strategies to improve their overall performance and maximize their revenue and profitability.

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Revenue Management Revenue Management Market 122

Hotel News Resource

APRIL 25, 2023

Hotel revenue managers are constantly updating strategies for selling different room types to take advantage of opportunities such as incremental revenue from upgrades to guestrooms before and during check-in.

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Revenue Management Hotels Revenue Management 59

STAAH

NOVEMBER 28, 2023

Effectively plan and reach your business goals for 2024 with these smart revenue management and distribution tips. To cope with a highly dynamic market , improve efficiency and meet the evolving needs of guests, there have been some shifts in revenue management and distribution.

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Hotels Revenue Revenue Management Cancellation 88

Amadeus Hospitality

SEPTEMBER 27, 2023

The on-the-books, forward-looking data provided by Demand360® will allow the global hotel group to optimize revenue management strategies, understand how they are faring against their competitive set, and make the most strategic business decisions possible in today’s increasingly competitive market. Visit www.panpacific.com.

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Hotels Revenue Management Revenue Resorts 64

Hospitality Net

OCTOBER 2, 2023

Hotel revenue management is the process of optimizing revenue by predicting demand and setting prices accordingly, most commonly found in hotels to forecast occupancy in order to maximize their room rate, hotel marketing strategy, and overall property performance.

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Revenue Management Revenue Management Hotels 74

Belza

JULY 2, 2023

Understanding Hotel Revenue Management Strategies and Their Impact on Occupancy Rates | Hotel Marketing

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Revenue Management Hotels Revenue Hotel Marketing 52

Revinate

JULY 7, 2023

The Hotel Moment podcast — episode 62 In this week’s episode of the Hotel Moment podcast, Karen Stephens, Revinate CRO, and Heidi Cosio, Senior Vice President of Revenue Effectiveness at Aimbridge Hospitality, explore how hoteliers can analyze trends in their revenue performance to craft an effective selling strategy.

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Revenue Management Revenue Hotels Management 98

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.

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Revenue Management Hotels Revenue Management 71

Hospitality Net

JUNE 1, 2023

As a large majority of hotels have adopted some sort of dynamic pricing for their rooms, the next evolution of revenue management is moving beyond rooms, and many leaders have adopted total revenue management strategies for a more holistic approach.

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Revenue Management Revenue Management Hotels 98

Belza

JUNE 4, 2023

Unlocking Hotel Revenue Management- Balancing Costs and Market Demand for Long-term Profitability | Hotel Marketing

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Revenue Management Hotels Revenue Hotel Marketing 52

SiteMinder

OCTOBER 9, 2022

Few roles in the hotel industry have evolved as quickly as the revenue manager.Powered by technological advances, the rapid sharing of knowledge and online training, the discipline is synonymous with smart pricing decisions and expectations are always high in the highly competitive accommodation market. What is a revenue manager?

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Revenue Management Hotels Revenue Management 59

Hotel News Resource

OCTOBER 27, 2023

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.

Resorts 59

Resorts Hotels Revenue Management Revenue 59

eHotelier

NOVEMBER 29, 2022

Each level of a hotel’s ownership and management has different needs from an RMS, it is important to understand their revenue management ‘wants’ and hear from them in their own words.

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Revenue Management Revenue Hotels Management 111

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.

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Revenue Management Revenue Net Operating Income Management 59

eHotelier

NOVEMBER 14, 2023

Resolute Road Hospitality, announced today the addition of Andrea Pace-Mickley as Senior Corporate Revenue Manager. In her new role, Pace-Mickley will lead the company's revenue and commercial strategy, overseeing all revenue management, pricing, analytics, forecasting, and channel distribution initiatives.

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Revenue Management Revenue Management Hotels 52

Hospitality Net

SEPTEMBER 12, 2023

IDeaS, a SAS company, the world’s leading provider of hotel revenue management software and services, announced today that Summerstar Tourist Parks has adopted the IDeaS’ G3 Revenue Management System (RMS) across fourteen of its Australian-based caravan and holiday park sites.

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Revenue Management Revenue Management Hotels 95

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. We need to fill our hotels!

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Revenue Management Revenue Management Hotels 64

The Cosmos

JANUARY 23, 2023

Hotel revenue management is an important tool for hoteliers to use in order to maximize profits and remain competitive in a crowded industry, but it is a complex machine. This blog delves into hotel revenue management : what it is, how it works, and the critical role it plays in a hotel’s overall success.

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Revenue Management Hotels Revenue Management 52

Hospitality Net

NOVEMBER 20, 2023

Cendyn, a catalyst for digital transformation in the hospitality industry, and SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, are excited to announce a strategic partnership to mutually grow each other’s revenue management capabilities for the benefit of more than 70,000 hotels.

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Hotels Revenue Revenue Management Hospitality 97

Hospitality Net

JUNE 9, 2023

Magnuson Hotels is pleased to announce the promotion of Laura White to the position of Director of Revenue Managament. Previously serving as Client Services Director, White is now responsible for overseeing the revenue strategy implementation for the group’s portfolio.

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Hotels Revenue Management Revenue Management 95

SiteMinder

DECEMBER 4, 2023

What are hotel industry statistics? Hotel industry statistics refer to data and metrics relating to hotels and other accommodations in the industry. Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. globally next year.

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Hotels Occupancy Hotel Marketing Travel 52