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SAN FRANCISCO, California—Duetto announced the launch of The Revenue & Profit Operating System, the first platform designed to bring together all revenue and profit tools in one place.
NEW YORKInfor announced the release of its new revenuemanagement solution (RMS) for the hospitality sector. The platform is designed to change how hotels and resorts optimize their pricing strategies and managerevenue in a complex, AI-driven market.
Choice Hotels Asia-Pac is introducing mandatory revenuemanagement training for franchisees as part of its brand standards to drive performance and consistency across the network. The post Choice partners with ARMA on revenuemanagement training for franchisees appeared first on Hotel Management.
No need to obsess over RevPAR or lose sleep over ADR – there are much more important metrics out there for revenuemanagers. Revenuemanagement is not a walk in the park. The latest guide by Mews, the industry-leading hospitality cloud, explores the new success metrics for revenuemanagers.
SAN FRANCISCO, CaliforniaDuetto and Event Temple announced a partnership combining Duettos OpenSpace solution and Event Temple’s venue management software.
The APAC RevenueManagement Summit returned to Melbourne this week under the fitting theme: Simply the Best. In a highly anticipated workshop, Eoin Loftus led the crowd through his Profit BOOST framework, offering proven strategies to uncover hidden margins and reimagine commercial operations from the inside out.
However, a seamless integration between a hotel’s RevenueManagement […] The post Happy Guests, Healthy Bottom Line: The Link Between Operations and Revenue appeared first on WebRezPro.
Revenuemanagement in the hotel industry has become a science over the last few years with pricing strategies that increasingly factor in supply/demand fluctuations and the development of automated revenuemanagement systems (RMSs).
Sales and revenuemanagement are two departments that seemingly should be a match made in heaven but often find themselves at odds with differing goals for success.
Ten years on from the launch of Capstone Hotel Management, Founder and Managing Director, CLARE DAVIES, spoke to RUTH HOGAN about market competition, strategic partnerships and the future of hotels. Clare Davies, Capstone Hotel Management Clare Davies was ahead of the trend.
Most management contracts include an incentive management fee in addition to the base management fee. The incentive fees are designed to make management more conscious of the bottom line since owners achieve their returns and pay their debts from profits, not revenue.
With more channels, shifting guest expectations, and tighter margins, the Channel Manager is now central to commercial strategy. Its not just about where youre listed, its about how well you manage, price, and promote across every touchpoint. Rethinking the Role of a Channel Manager 3. Advanced Strategies to Maximize Revenue a.
DALLAS, TexasPremier hotel management company Remington Hospitality has announced Adrian De Gortari as its new executive vice president of revenue. De Gortari will play a key role in enhancing the companys revenuemanagement strategies and supporting its ambitious growth, particularly in the Caribbean and Latin American regions.
Managing a hotel isnt just about filling rooms; its about making your systems and operations work together seamlessly. Enter the channel manager. 1) PMS + channel manager = real-time peace of mind Your Property Management System (PMS) is your operational command centre.
Extended-stay hotels, typically known for their resilience and consistent returns, are looking for a way to boost revenue for the first time in years. Competitive indicators show extended-stay properties stand to benefit from advanced revenuemanagement support now more than ever.
Hotel gift vouchers are a formidable strategy to amplify revenue streams and grow guest loyalty. Unlike any other monetary gift card, they can be tied into particular hotel services, enhancing revenue streams. Additional revenue stream, with the money clipped in even before the service is rendered. Gift vouchers are versatile.
The beachside hotel is operated by franchisees, Chris and Olivia Taylor, who also operate First Light Mooloolaba on the Sunshine Coast, and previously managed Hervey Bay’s Oceans Resort and Spa, both positioned within the Ascend brand. It’s really about driving direct bookings.
[15 January 2025] HiJiffy, a leader in conversational AI for hospitality, has introduced its latest innovation, the Campaigns Manager , designed to further streamline and automate guest communication across the entire guest journey. Arrival Essential details such as Wi-Fi codes, check-in instructions, and breakfast schedules.
Bezla’s proprietary, Provisionally Patented Hotel RevenueManagement Application provides our hotel owners with a competitive edge. Bezla’s hotel revenuemanagement experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
STAAH has revolutionized Black Rock Hotels’ online booking process by implementing advanced technology solutions that streamline inventory management and synchronize distribution channels. This move has not only helped optimize operational efficiency but also resulted in significant revenue growth for the hotel chain.
London, 15 April 2025: SDK Consulting , revenue and commercial consultancy for hotels, has been appointed by boutique hotel brand Z Hotels to develop the commercial strategy and run the revenue and distribution department. He obtained a degree in Hotel Management in Bermuda in the early 90s.
TFE Hotels is bolstering its presence on the ground in New Zealand with the establishment of a Country Office in Auckland, led by Warwick Kahl as Director of Operations NZ. TFE Hotels commenced management of five hotels, totalling more than 500 rooms, on December 1, with Heritage Hotels retaining ownership of the portfolio. “New
Bezla’s proprietary, Provisionally Patented Hotel RevenueManagement Application provides our hotel owners with a competitive edge. Bezla’s hotel revenuemanagement experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
Hoteliers face so much pressure to deliver exceptional service while streamlining operations. But luckily, there is a solution: Single-solution platforms that consolidate all essential hotel management tools into one complete system. Another channel manager for distribution. Spreadsheets for revenue tracking.
PARIS and MINNEAPOLIS—IDeaS and Accor announced that Accor has chosen IDeaS as its global revenuemanagement software (RMS) provider. Partnering on a suite of IDeaS revenuemanagement solutions, Accor continues to update its commercial strategy for hotels, property owners, and managers.
Bezla’s proprietary, Provisionally Patented Hotel RevenueManagement Application provides our hotel owners with a competitive edge. Bezla’s hotel revenuemanagement experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
Meyer Jabara Hotels has assumed management of the Merriweather Lakehouse Hotel, Autograph Collection, on Lake Kittamaqundi in Columbia, MD. Owned and operated by IMH Columbia LLC, the hotel is close to the Merriweather Post Pavillion outdoor concert venue. of event space. penthouse suite; and lakefront vista.
Everything we do must connect to them ‘ ethos and how this approach has not only revolutionised the guest experience but has also become the driving force behind a more holistic and resilient revenue generation strategy, one that prioritises Revenue Per Available Guest (RevPAG) and cultivates meaningful, long-lasting guest relationships.
Aligned Hospitality Management appointed Deborah Lahti as chief operating officer. Lathi will join Aligned’s corporate team to lead and manage the hotel’s daily business operations and supervise hotel and corporate initiatives. MCR welcomed Sameer Mehra as chief revenue officer.
Guests get full control and visibility of their bookings, managing everything in one place. Powered by a modern Property Management System (PMS), it gives hotels a real-time view of each guests stay, enabling smooth bookings, tailored offers, greater efficiency, and stronger loyalty. No more juggling disconnected systems.
What’s important to contemplate is the role natural language can and will have on enterprise-level technology solutions, and how they can […] The post How AI and LLMs Will Shape Future Hotel Revenue Strategies appeared first on LODGING Magazine.
Many hotels still rely on specialized, single-user systems managed by individual departments or team members. For instance, the revenuemanager might use a dedicated revenuemanagement system that only they can access, while the sales team uses a separate customer relationship management tool.
SAN DIEGO, CaliforniaCloudbeds and Duetto announced a strategic partnership to give hoteliers tools for optimizing revenue and operational efficiency. This collaboration integrates Duettos revenue strategy platform with Cloudbeds hospitality management software.
While better than operating without data, this approach is reactive and inefficient, resulting in missed opportunities. In this article, we explore what decision intelligence is and the transformative effect it’s bound to have across demand optimization, segmentation, operations, and training and enablement.
As hotels and resorts face increasing competition and evolving guest expectations, the need to streamline operations while enhancing guest experiences has never been more pronounced. Operational efficiency involves minimizing waste, maximizing productivity, and ensuring that every aspect of the business operates smoothly.
Managing online bookings is one of the biggest challenges for hotels today, especially when they work with multiple Online Travel Agencies (OTAs) like Booking.com, Expedia, and Agoda. Thats why a Channel Manager is essential. Without one, hotels risk operational inefficiencies, lost revenue, and unhappy guests.
While much of the global hospitality sector remains in flux, Asia-Pacific’s hotel industry is carving its own path—one defined not just by rising revenues but by sharper operational choices.
Rates, inventory and reservations were manually managed, which was inefficient and increased the chances of making mistakes. The property had no integration of channels to its property management system (PMS) , leading to reservation errors, payment processing issues and data discrepancies across systems that took many human hours to fix.
As part of this partnership, Nautic Partners will acquire Davidson Hospitality Group from an affiliate of KSL Capital Partners, LLC, in partnership with Davidson management. Davidson Hospitality Group has over $2 billion in annual revenue under management.
The 79 Hospitality Management Group (79HMG)’s Guest House 1954, located in Taiwan’s historic Sanchong Air Force Military Dependents’ Village, offers a stay that is genuinely one-of-a-kind and resembles entering a living memory. Using SiteMinder is a key strategy to enhance hotel operational efficiency, he said.
Delayed responses to maintenance issues quietly erode customer trust, damage reputation, and ultimately eat away at revenue. According to industry studies, a single-star drop in online ratings can reduce revenue per available room (RevPAR) by 5–9% in a competitive market. The Hidden Costs of Maintenance Delays 1.
By pairing our awardwinning digital platforms with handson operational knowhow, we unlock more opportunities for guests and deliver stronger returns for our partners. Radisson Hotel Group’s commercial capabilities have been strengthened by The Club, an international revenue community operating in over 45 countries.
Luminous Living, which will offer premium property management services for owners, aims to disrupt the high-end lifestyle hotels category by raising the bar with “elevated guest experiences, seamless service, designer amenities, and an all-inclusive offering”.
The existing Event Cinemas complex currently operates 16 screens across the 525 and 505 George Street properties – five at 525 and 11 at 505 George Street. The full complex will remain operational until the 525 George Street redevelopment commences, after which the eleven screens at 505 Geroge Street will continue to operate.
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