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Three Essential Steps to Profit-Oriented Revenue Management

Demand Calendar

To stay ahead, hotels must evolve from basic room revenue management to a more comprehensive, profit-oriented approach that encompasses all revenue streams and considers the profitability of each customer segment. This blog will outline three critical steps to achieve profit-oriented revenue management.

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STAAH Integrates with Revnomix – A Leading Revenue Management Company in India

STAAH

The leading cloud-based hospitality solution specialist STAAH has partnered with Revnomix Solutions LLP, a seven-year-old revenue management firm with a Global presence, which provides revenue management services to hotels. We are delighted to partner with Revnomix, a leading player in the revenue management space.

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Hotel Revenue Management Strategies

Xotels

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

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HVMG promotes Cory Chambers, Maggie Rosa

Hotel Business

Chambers will also continue to lead the HVMG Revenue Excellence team in maximizing market share growth and leading the team to deliver revenue strategies, systems and processes to above-property operations team members, hotel teams and hotel owners.

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Auro Hotels Acquires Courtyard by Marriott Orlando Airport

Lodging

This property acquisition adds to its base in the Orlando market, bringing the total to eight properties and 1,521 rooms. With ownership and operation in the Orlando Airport submarket since 1995, Auro is positioned to leverage its sales and revenue management teams to drive market share and operating efficiency.

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McNeill names Vanessa Gillman corporate director, revenue

Hotel Business

Germantown, TN- based McNeill Hotel Company recently named Vanessa Gillman to the position of corporate director, revenue. In this role, she reports directly to Marci Jacobs, VP, sales and revenue generation, McNeill Hotel Company, and works closely with corporate and regional teams involved in revenue management.

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What is Hotel Revenue Management?

Xotels

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.