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What is Hotel Revenue Management?

Xotels

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Control Inventory and Prices: Optimize revenue by strategically managing room availability and pricing across all distribution channels.

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Understanding rate parity and its impact on hotels

Cloudbeds

Rate parity is the practice of keeping the publicly available rates of your hotel rooms the same across all distribution channels, including your website. As room rates change based on your dynamic pricing strategy , all channels subject to rate parity must be updated accordingly. There are two sides to the argument.

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Hotel Reservation System: Their Significance and Impact on Your Business

Hotelogix

It's a comprehensive solution that empowers your hotel to optimize operations, deliver exceptional guest experiences, and thrive in a competitive industry.  In this comprehensive guide, we delve into what a hotel reservation system entails and highlight its pivotal role in modern hotel businesses' success.

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A guide to hotel departments, operational areas and building functions

SiteMinder

If you’re new to the hotel industry, opening a new property, or expanding your brand, this blog will help you understand all the key departments in a hotel and their responsibilities, as well as the various job positions in the hotel industry. So who are the people who make sure that a hotel building functions properly? Table of contents.

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What is a distribution strategy? The 2024 guide

Hotel Speak

With 91% of companies reporting their distribution strategy as a key factor impacting overall performance, defining the right strategy for your business has never been more important. In this comprehensive guide, we’ll cover everything you need to know about distribution strategies. What is distribution strategy?

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What is a Hotel Channel Manager? A Comprehensive Guide

Inn Quest

– Technical Features of A Hotel Channel Manager – How To Choose The Right Hotel Channel Manager For Your Hotel? – What Other Systems Can You Use With A Channel Manager At Your Hotel? At a glance: – Understanding the Hotel Channel Management Landscape – What Is A Hotel Channel Manager?