Hospitality Net

APRIL 26, 2024

With every passing year, revenue management is playing a more central role at hotels as they navigate a landscape now locked in a permanent state of change.

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Revenue Management Revenue Management Hotels 241

Hospitality Net

MARCH 15, 2024

We know that reputation management is important, but how involved should revenue managers be in that process? I brought this topic to the leaders of the HSMAI Revenue Optimization Advisory Board to discuss our role in reputation management. Below are our top five takeaways.

Revenue Management 186

Revenue Management Revenue Management 186

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

Hospitality Net

APRIL 4, 2024

Intellisoftware Pty Ltd, a leading Australian start-up in the Artificial Intelligence (AI) space has today unveiled a new wide-ranging strategic partnership with the Australian Revenue Management Association (ARMA) - a peak industry body active in the hospitality and tourism sectors focused on elevating the standards of revenue and yield management (..)

Revenue Management 258

Revenue Management Yield Management Revenue Management 258

Lodging

FEBRUARY 28, 2024

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 revenue management support now more than ever.

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Revenue Management Revenue Management Operations 157

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 Travel 240

eHotelier

MAY 12, 2024

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

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Revenue Management Revenue Management Resorts 103

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 246

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.

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Revenue Management Revenue Management Hotels 244

Hospitality Net

OCTOBER 9, 2023

EHL Graduate School in Lausanne is excited to announce an exclusive course titled "Achieving Profitable Growth in Hospitality with Revenue Management Strategy" scheduled for Monday, November 13, 2023.

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Revenue Management Revenue Management Hospitality 234

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 Revenue Management Hotels 243

Hospitality Net

APRIL 23, 2024

Are you ready to whet your appetite for innovation and digest the latest strategies in F&B Revenue Management? This time, let’s season our discussion with a dash of strategic foresight and a pinch of operational excellence impacting F&B Revenue Management.

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Revenue Management Revenue Management Operations 100

Hospitality Net

FEBRUARY 8, 2024

However, by leveraging strategic hospitality revenue management, hotels can navigate these hurdles and even drive revenue growth in the coming year.

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Revenue Management Revenue Management Hospitality 198

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.

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Revenue Management Revenue Services Sales 239

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.

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Revenue Management Revenue Management Market Share 189

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 245

Revenue Management Revenue Resorts Management 245

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.

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Revenue Management Revenue Management Hotels 246

eHotelier

APRIL 24, 2024

Effective revenue management is driven by a clear sense of purpose. It's about understanding not just how to optimize prices and manage inventory, but why these actions matter in a larger context — a context that includes genuine customer satisfaction and enduring business success.

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Revenue Management Revenue Management Business 98

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 Forecasting 186

Hospitality Net

AUGUST 21, 2023

You’ve probably noticed it, too – the increased trend towards clustering revenue management positions. Done right, it can help you manage costs, increase efficiency and boost revenue. But it comes with its own set of challenges which are mainly related to time constraints and access to high-quality, accurate data.

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Revenue Management Revenue Management 240

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 Revenue Management Market Share 246

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 239

Revenue Management Revenue Management Services 239

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 (..)

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Revenue Management Revenue Management Services 180

Hospitality Net

JULY 5, 2023

Many hoteliers misunderstand revenue management. They think it’s all about lower prices when it’s actually about online visibility and brand reputation.

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Revenue Management Revenue Management Branding 240

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.

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Revenue Management Revenue Ancillary Revenue Management 89

eHotelier

APRIL 17, 2024

The journey towards a guest-centric revenue management approach is multifaceted, involving a shift in strategies and a transformation in the tools and mindsets of those who implement them.

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Revenue Management Revenue Management 116

Hospitality Net

JANUARY 8, 2024

Some hoteliers silo revenue management in the “revenue management” department. Instead of recognizing the revenue impact everyone has…including front desk staff. Take early check-ins and late checkouts.

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Revenue Management Revenue Management 162

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.

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Revenue Management Revenue Management Business 130

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.

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Revenue Management Revenue Management Hotels 100

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

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Revenue Management Revenue Management Hotels 174

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.

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Revenue Management Revenue Yield Management Management 130

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 Revenue Operations Management 189

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. Revenue without profit is worth nothing! Revenue Management Beyond Rooms The next big thing in Revenue management is F&B Revenue management.

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Revenue Management Revenue Management Operations 95

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.

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Revenue Management Revenue Management Accommodation 130

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.

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Revenue Management Revenue Management Forecasting 184

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.

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Revenue Management Revenue Management Hotels 98

Hospitality Net

MAY 24, 2023

Cogwheel Marketing’s CEO, Stephanie Smith, and Loren Gray, Founder of Hospitality Digital Marketing, discuss the innovations in revenue management in August 2022.

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Revenue Management Revenue Market Marketing 189