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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.
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?
Book tickets for HM Awards Australasia-Pacific View the complete list of winners and highly commended below. Book tickets for HM Awards Australasia-Pacific View the complete list of winners and highly commended below. Book tickets for HM Awards Australasia-Pacific View the complete list of winners and highly commended below.
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.
Bakul Mandal, Director of RevenueManagement, is a sharp strategist with more than 20 years of experience in driving performance and dynamic pricing. Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex Receive daily leadership insights and stay ahead of the competition.
Ive been in the revenue game for 20+ years, and let me tell you nothing grinds my gears like watching hotels leave money on the table. Not because of the market. So, Im calling the mistakes out Here are 5 brutal revenuemanagement mistakes I see hotels make all the time as a CEO of a revenuemanagement consulting firm.
Every hotel has a revenuemanagement strategy. For some, revenuemanagement systems—and there are numerous platforms to choose from—guide the pricing decisions based on various data points. We need to market to those who are interested in all of our services.
Radisson Hotel Group (RHG) has signed an agreement with La Vie Hotels and Resorts to add over 30 hotels to the Group’s portfolio over the next decade. This latest news marks the next step on our journey together and the expansion of our partnership across key regional markets.
The hotel will also expand IHG’s luxury and lifestyle portfolio in the market, adding to its existing 27* open hotels, including its existing four InterContinental properties – InterContinental London – The O2, InterContinental London Park Lane, InterContinental Edinburgh The George and InterContinental Dublin.
Full-scale construction has commenced on the development of Radisson Blu Mirage Resort Fiji, scheduled to open in 2026, with the project now funded by both the Fiji National Provident Fund (FNPF) and BSP Financial Group (Fiji) Pte Limited (BSP).
Revenuemanagement consultancy firm ELEVAT3 has launched a new sales & marketing division to provide tailored branding solutions for hoteliers, naming industry veteran Beth Barris as EVP, sales & marketing to lead the new offering.
From making sure staff, guests, and smooth operations are all attended to, we can understand why revenuemanagement so frequently gets put on the back burners. So, let’s provide you with a list of revenuemanagement tools to simplify managing your hotel so much easier: What are RevenueManagement Tools?
Once again, the entries this year – from chefs to housekeepers, five-star resorts and apartment hotels – have been incredible and it has been terrific to see thousands of staff and properties highlight many achievements in another busy year,” said HM Awards Founder, Chief Judge and Editor-In-Chief, James Wilkinson.
Considered a sacred spot by the first Polynesian settlers who have called it home in centuries-old village of Kaʻūpūlehu, Kona Village Resort was first established in 1965 and run by a husband and wife team who welcomed guests for decades with a charming ‘ohana (family) spirit.
We have written extensively about hotel revenuemanagement strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenuemanagement, we have made a summary of all the top advice from our perspective as a hotel revenuemanagement consulting company.
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. I’ve been a General Manager and later became a major shareholder in a resort in Nelson.
Dallas, USA – 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. It can literally cost us millions.
Myrtle Beach, SC-based hospitality management company Brittain Resorts & Hotels (BRH) has appointed Brittney Jones as chief development officer. Prior to assuming a position in development, she served as VP, sales, marketing and revenuemanagement, leading a team and supporting top-line revenue initiatives across the portfolio.
When it comes to revenuemanagement, casino resorts require a different approach than traditional hotels. Implemented effectively, a solid casino-centric revenuemanagement strategy can help casino managersmarket their casino to the right audience and price their products to boost bottom-line revenue.
She joins La Vie Hotels and Resorts following her most recent role as Group Director of Brand Experience & Sustainability at Ovolo Hotels, where she led brand strategy, cultural engagement, and ESG initiatives across Australia, Hong Kong, and Bali. Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex
In the fiercely competitive hospitality industry, the essence of successful resortrevenuemanagement lies in data-driven decision-making. This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. Why is RevenueManagement Imperative for Resorts?
STAAH partnered with Espire Hospitality to streamline operations and optimize revenue across the groups wide portfolio of hotels and resorts. According to Mohd Aamir , Head Revenue and E-Distribution at Espire Hospitality, Partnering with STAAH has been a game-changer.
And hotels and resorts have definitely caught on to this, offering tons of discounts to get people to book. Tools like personalized email marketing, dynamic content on booking engines, and tailored digital advertising can shift focus from pure rate competitiveness to relationship-building and brand engagement.
The resort commands a prime location, just steps from the golden sands of Jomtien Beach and the turquoise waters of the Gulf of Thailand, yet is only minutes away from the lively resort town of Pattaya. Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex hours) and Don Mueang (2.5
Choctaw Casinos & Resorts’ hospitality is deeply connected to the Choctaw Nation’s rich cultural heritage. What started as modest gaming spots eventually grew into full-scale resorts, especially after table games were introduced in the early 2000s. We’ve doubled in size since I arrived.
“With a high reputation for quality service and unrivalled hospitality across its F&B spaces my initial goal is to further raise these high standards already synonymous with Hilton Sydney, while exploring avenues for further improvement in what is an increasingly competitive market for accommodation in the CBD.”
Where ultrarunning and hotel marketing collide Read the latest post from GCommerce’s Morgan Tuohy and leave feeling inspired, as he navigates similarities between ultrarunning and delivering award winning hotel marketing campaigns. Could ads be coming to Threads next year? Our team is ready and stands by to start testing. We sure are.
This illumination is facilitated with hotel market segmentation, a key component of a viable hotel revenue-management strategy. IHG is a great practitioner of market segmentation, says Tarandeep Singh, regional VP of Commercial, Marketing & RevenueManagement, Canada, IHG Hotels & Resorts.
Award-winning hotel booking platform Profitroom has announced a new integration with market-leading revenuemanagement software provider, IDeaS. Patryk Luszcz, Profitroom UK regional director, said: This integration with IDeaS is a big step forward for hotels, resorts and pub groups.
When it comes to luxury hospitality, every empty room represents a missed opportunity and mastering the art of revenuemanagement is paramount. The role of revenuemanagement in luxury hospitality At the core of revenuemanagement lies the art of optimizing room rates and availability to maximize revenue.
Headed up by Scott Boyes as CEO, Tony Ryan as Executive Chairman and Grant Alchin as Chief Operating Officer, the trio bring a collective industry experience of more than 90 years, extending across operations, commercial and legal, finance and asset management. Add to that, a growing team of experienced hotel industry leaders.
Markets are saturated. While occupancy is still a core metric, relying on it too heavily can leave your property management business vulnerable to seasonal swings, economic uncertainty, and a volatile demand environment. Handled well, they can offer added flexibility to guests while netting more revenue for you. Talk to us.
Ovolo Hotels restructures marketing operations Ovolo Hotels has announced a new marketing and communications structure that will see a number of leadership changes across the region. As previously reported by HM , Alexander Barnett has been appointed Marketing Communications Director for Australia.
Summer’s Ticking—Unlock Your Stay Now Baltivia Sea Resort captures attention with a striking Layer featuring a real-time countdown clock, creating a powerful sense of urgency for summer bookers. This dynamic design element highlights an exclusive direct booking offer, encouraging guests to take action before the clock runs out.
In this regard, having a solid marketing mix in place is crucial. This flexibility allows you to meet guests’ expectations while ensuring your prices remain competitive in today’s digital market. Establishing a marketing database through guest sign-ups enables personalized communication.
.” A 25-plus-year hospitality veteran, Callahan previously held VP, revenuemanagement positions with Atrium Hospitality and JQH Hotels. At the latter, she was responsible for developing a multi-branded revenuemanagement platform.
Sheetal Kapoor, CEO of Palm Holdings, commented: “We are thrilled to be partnering once again with IHG Hotels & Resorts to introduce an exciting new hotel concept in the UK’s Capital city. Ricky Kapoor, Managing Director of Palm Holdings, stated: “The voco and Hotel Indigo brands are renowned for their individuality and guest focus.
In his new role, he will lead HRIHs newly formed Commercial Services Organization Sekler will be tasked with driving revenue growth, expanding market presence, building strategic partnerships, optimizing distribution channels and streamlining marketing and sales, according to the company.
Greg Hegarty, Co- CEO of PPHE Hotel Group , comments: “This site will be a great addition to our development pipeline as we continue to extend our portfolio and presence in the London market. We look forward to bringing Radisson RED to central London, following our recent Radisson RED openings in Berlin and Belgrade.”
In this role, Jacobs is responsible for building an integrated approach to sales, digital marketing and revenue generation to enhance collaboration and develop synergies among these functions at the corporate and property levels. She has more than 25 years of hotel experience in direct selling, marketing and revenuemanagement.
What is revenuemanagement software? Revenuemanagement software is a digital tool designed for the hospitality industry to optimise room rates based on predicted demand. It uses data analytics to forecast hotel room demand, allowing hoteliers to adjust prices accordingly to maximise revenue.
Taking place at Cordis Auckland, the HM Awards’ first-ever satellite event will unite the hotel industry to celebrate the top hotels, resorts, departments and people across the region. New Zealand and the South Pacific hotel industry will be firmly in the spotlight at the upcoming 2024 HM Awards Aotearoa-Pacific on Friday November 1.
With a 20-year strong track record, this growth highlights continued momentum in the demand for scalable global distribution, direct booking technologies, and strategic marketing support for independent accommodation providers. Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex
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