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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.
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.
SAN FRANCISCO, CaliforniaDuetto and Event Temple announced a partnership combining Duettos OpenSpace solution and Event Temple’s venue management software.
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.
Fair or not, the idea that advanced revenuemanagement software is best suited for massive high-end resorts or properties that are operating under a big brand umbrella has been stubbornly persistent among hoteliers.
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.
As a leader in revenuemanagement consulting , were always at the forefront of what is happening in the hotel industry and keeping a close eye on how revenuemanagement trends keep evolving. While questions like What are the top trends in revenuemanagement for 2025?
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.
Competitive indicators show extended-stay properties stand to benefit from advanced revenuemanagement support now more than ever. The most significant misconception extended-stay operators have about adopting revenuemanagement technology is that it will require changing their operating model.
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.
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.
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.
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.
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.
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.
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.
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.
DALLAS—DerbySoft, a leader in high-performance distribution services, announced a new partnership with IDeaS, a SAS company, the world’s leading provider of hospitality revenuemanagement software and services, that strategically provides operational and revenue-enhancing benefits for hotels of all types.
Hotel owners in the Asia Pacific region are under growing pressure to deliver stronger financial results while managing increased operating costs and shifting demand patterns.
China outbound travel is returning, technology is innovating at a rapid rate, and hoteliers have more opportunities to revenuemanage beyond room rates. Therefore, in addition to watching costs, hotels need to re-evaluate their wholesale and tour operator contracts. As such, the focus must be on profitability.
The annual Duetto RevenueManagement Trends & Predictions Survey results are in! There was also continued investment in technology, This year, we take a closer look at how that group business might be revenue optimized, as well as identify the channel management tactics hotels are planning to invest effort in for 2024.
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.
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”.
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.
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.
Revenuemanagement (RM) is supremely necessary for hotels. I kid you not, most of the hotels refrain from opting for any sort of revenuemanagement services. The hotel revenuemanagement myths that are swirling around are the real reasons hotels are so skeptical about it. Who is to blame for it?
The shift to guest-centric revenuemanagement presents challenges and opportunities, particularly for revenuemanagers who have long operated within the frameworks of traditional methodologies. It's about evolving from a numbers-focused viewpoint to one that deeply empathizes with and anticipates guest needs.
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.
Jon Siberry will be leading the commercial function as Director of RevenueManagement overseeing the revenue strategy at both the group and unit levels of the 14 property portfolio. With a need to manage demand to optimise profitability across the city properties, Z Hotels sets a bar for delivering quality at affordable rates.
The inaugural Extended Stay Hotel Forum, held last Tuesday at the Union League Club in Manhattan, New York City, focused on development, ownership, and operation in the vibrant extended-stay segment, which comprises more than 51 percent of hotels currently being financed.
Skift Take: Turbulence hits Tata Group at a time when its airline has ambitious plans to modernize fleet, operational systems and revenuemanagement, and has lined up a record order for 470 aircraft. Amrita Ghosh Read the Complete Story On Skift
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.
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.
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.
My role primarily involves business development and account management, where I focus on fostering growth and maintaining strong relationships with clients. I work with a wide range of clients from business owners and operationsmanagers to housekeeping teams, directors, procurement professionals, and facilities management companies.
With the hospitality industry adapting to evolving guest expectations and the rapid growth of online booking platforms, managing hotel operations become increasingly complex. STAAH has a slew of automations for rates and inventory rules that unlock a propertys revenuemanagement capability.
Hoteliers are under mounting pressure to modernize operations and exceed increasingly sophisticated guest demands. In response, hotels are increasingly enhancing traditional hotel software systems by turning to AI agentstask-specific, autonomous systems that augment staff, streamline operations, and personalize the guest journey.
One year on from the launch of Trilogy Hotels, the independent management company is rounding out 2024 with 13 hotels under management totalling over 2,500 rooms and overseeing $165 million in revenue. I was working on the investor side and getting quite frustrated with the relationship between an investor and an operator.
Marriott International is investing in hospitality education and developing its teams of the future with the launch of an apprenticeship-style program through the International College of Management Sydney (ICMS). On graduating, Marriott said it will offer graduates a management position within six months.
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