Lodging

NOVEMBER 29, 2023

Sales and revenue management are two departments that seemingly should be a match made in heaven but often find themselves at odds with differing goals for success.

Revenue Management 284

Revenue Management Revenue Sales Management 284

Lodging

FEBRUARY 29, 2024

PARIS and MINNEAPOLIS—IDeaS and Accor announced that Accor has chosen IDeaS as its global revenue management software (RMS) provider. Partnering on a suite of IDeaS revenue management solutions, Accor continues to update its commercial strategy for hotels, property owners, and managers.

Revenue Management 157

Revenue Management Revenue Management Hotels 157

eHotelier

MAY 12, 2024

How revenue management systems work, their benefits, and effective revenue strategies to take your hotel business to the next level.

Revenue Management 105

Revenue Management Revenue Management Resorts 105

Hospitality Net

MAY 15, 2024

I was, quite literally, the first revenue manager at InterContinental Hotels Group (IHG).” When I asked Andrew Rubinacci to describe the early days of his illustrious hospitality career, his answer was one you might not expect—“I was a guinea pig,” he’ll say with a smile. “I

Revenue Management 135

Revenue Management Revenue Management Hospitality 135

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.

Revenue Management 232

Revenue Management Revenue Management Travel 232

Hospitality Net

FEBRUARY 8, 2024

Deloitte’s Hospitality Industry Outlook 2023 identified the hospitality sector’s key challenges for 2024 as a drop in consumer confidence, continuing labor shortages, and the inability of hotels to raise prices despite escalating costs.

Revenue Management 192

Revenue Management Revenue Management Hospitality 192

Hospitality Net

SEPTEMBER 6, 2023

IDeaS, a SAS, company, the world’s leading provider of hotel revenue management software and services, released a special report in line with industry budget season.

Revenue Management 240

Revenue Management Revenue Management Hotels 240

Hospitality Net

JANUARY 7, 2024

In the hospitality industry, achieving optimal revenue performance used to be the domain of larger, full-service hotels, with smaller and select-service hotels often left to navigate revenue management independently.

Revenue Management 188

Revenue Management Revenue Management Market Share 188

Hospitality Net

APRIL 23, 2024

In 2023, The Club of Revenue Management by Radisson Hotel Group (“The Club”) achieved remarkable milestones, making it a year of unparalleled success.

Revenue Management 229

Revenue Management Revenue Services Sales 229

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.

Revenue Management 239

Revenue Management Revenue Management Hotels 239

Hospitality Net

MAY 31, 2023

IDeaS, a SAS company, the world’s leading provider of hospitality revenue management software and services, has been selected as the preferred RMS provider to Park Plaza Hotels Europe (PPHE Hotel Group) in Europe.

Revenue Management 245

Revenue Management Revenue Management Hotels 245

Hospitality Net

OCTOBER 26, 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.

Revenue Management 243

Revenue Management Revenue Resorts Management 243

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.

Revenue Management 246

Revenue Management Revenue Management Hotels 246

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.

Revenue Management 244

Revenue Management Revenue Management Market Share 244

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.

Revenue Management 182

Revenue Management Revenue Management Forecasting 182

Hospitality Net

MARCH 24, 2024

As a Revenue Manager in the hotel industry, your primary focus is to optimize room revenue, evaluating and acting on performance metrics, and spearheading the commercial direction of your property, or portfolio of properties.

Revenue Management 130

Revenue Management Revenue Management Business 130

STAAH

APRIL 23, 2024

In today’s fast-paced hospitality landscape, staying ahead of the curve is paramount for maximizing revenue potential. As technology continues to evolve, so do the strategies and innovations within revenue management.

Revenue Management 88

Revenue Management Revenue Ancillary Revenue Management 88

Hospitality Net

DECEMBER 14, 2023

Throughout the last century, the role of hotel revenue managers revolved around one goal: optimizing room inventory to maximize profitability. While the core objective remains, modern tech solutions have propelled revenue management beyond traditional boundaries. Welcome to hotel revenue management 2.0.

Revenue Management 100

Revenue Management Revenue Management Hotels 100

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.

Revenue Management 212

Revenue Management Revenue Management Services 212

Hospitality Net

FEBRUARY 28, 2024

IDeaS, the leading provider of hospitality revenue optimization software and services, and Accor, a world leading hospitality group with one of the industry’s most diverse hospitality ecosystems encompassing more than 45 hotel brands from luxury to economy, have announced, following a rigorous selection process, that Accor has chosen IDeaS as its global (..)

Revenue Management 168

Revenue Management Revenue Management Services 168

Hospitality Net

MARCH 5, 2024

Messe Berlin) IDeaS, ein SAS-Unternehmen und der weltweit führende Anbieter von Revenue Management-Software für die Hotellerie, stellt heute sein neuestes Produkt G3 RMS Portfolio Navigator vor - die nächste Innovation im Bereich Multi-Property Revenue Management. ITB Stand 110 Halle 8.1

Revenue Management 157

Revenue Management Revenue Management Hotels 157

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.

Revenue Management 188

Revenue Management Revenue Operations Management 188

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? Flash Report Flash Report presents the summary of hotel performance metrics.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Hospitality Net

DECEMBER 27, 2023

The scarcity of skilled Revenue Managers in the flourishing hotel industry is indeed a puzzle worth dissecting. Despite a forecasted 10.63% growth in overall demand, the industry grapples with a shortage of adept individuals capable of steering revenue optimization amid this surge.

Revenue Management 176

Revenue Management Revenue Management Forecasting 176

Hospitality Net

MARCH 5, 2024

SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, has today released its industry-leading platform on mobile, to give accommodation providers the power to execute their property’s revenue management strategy and mitigate real-time risks, free from their desk.

Revenue Management 130

Revenue Management Revenue Management Accommodation 130

Hotel Speak

FEBRUARY 28, 2024

China outbound travel is returning, technology is innovating at a rapid rate, and hoteliers have more opportunities to revenue manage beyond room rates. This puts a lot of pressure on hotel P&Ls. Revenue without profit is worth nothing! We see VAT jumping back up in Germany, for example.

Revenue Management 94

Revenue Management Revenue Management Operations 94

Hotel Management

MARCH 25, 2024

Intellisoftware will also gain a seat on ARMA’s Skills Council to provide input for ARMA’s nationally recognised and accredited VET qualification in revenue and yield management launching this year. Melissa Kalan ARMA CEO, sharing her insights on the partnership stated, “This collaboration marks a significant milestone for us.

Revenue Management 130

Revenue Management Revenue Yield Management Management 130

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

eZee Absolute

DECEMBER 7, 2023

Revenue management (RM) is supremely necessary for hotels. While many hotels are making the best out of it to boost their bottom line, some are still thinking of it as a mythical unicorn. I kid you not, most of the hotels refrain from opting for any sort of revenue management services.

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

eHotelier

MAY 2, 2024

Each day is a new chapter in an RM's ongoing story of navigating the complex waters of hotel revenue management. Above all is the goal of communicating with other stakeholders to drive the asset performance forward.

Revenue Management 98

Revenue Management Revenue Management Hotels 98

Hospitality Net

APRIL 30, 2024

in your efforts at your hotel. We hope, that with a good understanding of the topic, the starting point of which is a familiarity with its foremost terms and concepts, you’ll be able to more than exceed 12.5%

Revenue Management 229

Revenue Management Revenue Management Hotels 229

Hospitality Net

OCTOBER 18, 2023

AI is being embraced by businesses worldwide to optimize their processes and grow revenue, among other things. Practically every day, AI is integrated into a new product or service. And we’re not just talking about virtual assistants and search engines.

Revenue Management 245

Revenue Management Revenue Management Services 245

Hotel Speak

FEBRUARY 1, 2024

The annual Duetto Revenue Management Trends & Predictions Survey results are in! After weeks of polling hoteliers from around the world, we can now deep-dive into the results and see what trends and predictions hotel teams are looking at for 2024. are currently using a revenue management system (RMS), up from 82.3%

Revenue Management 96

Revenue Management Revenue Management Forecasting 96

Hospitality Net

APRIL 17, 2024

Never in human history have we had access to as much data as we do today. In recent years, the tools and strategies we use to process and understand insights derived from this data have become one of the hottest commodities – and with good reason.

Revenue Management 246

Revenue Management Revenue Management Operations 246

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.

Revenue Management 226

Revenue Management Revenue Management Services 226

Hospitality Net

DECEMBER 6, 2023

FLYR, the AI-powered platform for travel technology, today announced that BWH Hotels Scandinavia, a leading global hospitality network that includes Best Western Hotels & Resorts (BWHR), Worldhotels, and Sure Hotels, has selected FLYR for Hospitality as its preferred Revenue Management System (RMS).

Revenue Management 100

Revenue Management Revenue Management Hospitality 100

Hospitality Net

FEBRUARY 22, 2024

Common hotel revenue sinkers include selling inventory too soon and too low - spillage - or not selling enough during high demand, leaving you with last-minute discounts. Discover how to avoid them and grow your revenue. Spillage, spoilage, and overbooking can destroy your bottom line.

Revenue Management 188

Revenue Management Revenue Overbooking Management 188