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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.
The APAC RevenueManagement Summit returned to Melbourne this week under the fitting theme: Simply the Best. The panel explored broader market trends, owner expectations, and revenuemanagement best practices.
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).
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?
Here are recommendations to help hotels effectively implement total revenuemanagement using market segmentation strategies to improve their overall performance and maximize their revenue and profitability.
MINNEAPOLIS, MinnesotaIDeaS, a SAS company and provider of hospitality revenuemanagement software, announced the launch of IDeaS Spotlight, a first-of-its-kind demand intelligence solution that empowers marketers to generate the right demand at the right time.
“We knew it would align perfectly with the Ascend brand and we wanted the strong backing that Choice Hotels delivers to help us tap into new markets, accelerate our growth and get Bokarina on the map,” he said.
LONDON April 2025 IDeaS, a SAS company and the worlds leading provider of hospitality revenuemanagement software, today announced the launch of IDeaS Spotlight, a first of its kind demand intelligence solution that empowers marketers to generate the right demand at the right time.
It’s an antiquated idea that revenuemanagement works independently from sales and marketing. When the revenue-generating departments work together on shared goals, they can contribute to a fatter bottom line. Each department impacts the other and influences the hotel’s overall profitability.
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.
What is hotel revenuemanagement? Hotel revenuemanagement is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. What is the primary purpose of revenuemanagement?
As technology continues to evolve, so do the strategies and innovations within revenuemanagement. Let’s delve into some of the key trends shaping the future of revenuemanagement in the hotel industry: 1.
The hospitality industry is more data-driven than ever, yet marketing and revenue teams are still dancing to different tunes and that digital disconnect is costing real-life revenue. When marketing and revenue teams collaborate, the commercial impact can be significant. Marketing drives demand.
The lines between marketing and revenuemanagement have blurred. That might sound strange coming from a lifelong revenuemanagement guy like me, but its true. Sometimes revenuemanagement looks a whole lot like marketing. And sometimes marketing looks a lot like revenuemanagement.
The annual Duetto RevenueManagement Trends & Predictions Survey results are in! More than half, 57.1%, said revenuemanagement was more important to their business than the previous year. are currently using a revenuemanagement system (RMS), up from 82.3% This is the third annual survey from Duetto.
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. As we expand our brand and prepare to open Leicester Square we need to be primed to grab market opportunities.
To stay ahead, hotels must evolve from basic room revenuemanagement 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 revenuemanagement.
Last month, GrowthCurve Capital acquired Duetto, a leading provider of revenuemanagement software for the hospitality industry, from affiliates of Warburg Pincus and other shareholders.
Effective revenuemanagement provides hoteliers with a clear roadmap for pricing and optimisation, while acting as a gauge to measure success. What is a RevenueManagement Solution for Hotels? What is a RevenueManagement Solution for Hotels? How Do They Work? How Do They Work?
With every passing year, revenuemanagement is playing a more central role at hotels as they navigate a landscape now locked in a permanent state of change. The exact genesis of yield management (now revenuemanagement) in the hospitality sector is hotly debated,” says Stuart-Hill. “The
COLUMBUS, Ohio—Red Roof promoted Lisa Jordan to vice president of marketing. With nearly 20 years in the hospitality industry, Jordan joined Red Roof in 2021 to lead an integrated digital marketing team. I […] The post Red Roof Promotes Lisa Jordan to Vice President of Marketing appeared first on LODGING Magazine.
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.
For years, the gold standard guiding business strategies for hotels has relied heavily on historical data, analyzed a few times a year (at best), making it difficult to swiftly respond to changing market conditions. For hotels, this includes making dynamic rate suggestions and identifying segments and offers for marketing campaigns.
Unlike revenuemanagement systems that have traditionally been accessible to a limited number of hotels, the dual capability within Dynamic Revenue Plus means any hotel can, for the first time, use one, mobile-first system to optimise their revenue based on market demand.
A quick search on the internet yields a wide range of definitions for ‘revenuemanagement’. Some of these take a theoretical, almost academic approach and, in several instances, there are iterations of revenuemanagement’s classic definition: ‘selling the right room, to the right guest, at the right time, for the right price’.
I'm a revenuemanagement guy. Not a marketing guy. My identity was intertwined with RevenueManagement. I loved finding new ways to optimize revenue and control some of those key business levers. To be honest, I was a little worried that my skill set wouldn't translate to digital marketing.
In an evolving hospitality market, BWH Hotels has embraced the power of soft brands, providing independent hotels the flexibility to maintain their unique character while tapping into global resources. bwh-loyalty/ The post BWH Hotels embraces soft brand flexibility to expand portfolio appeared first on Hotel Management.
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.
It’s hard to imagine revenuemanagement before the advent of hotel software and systems. Thanks to these solutions, today’s revenuemanager can produce forecasts, distribute inventory and adjust rates with speed – a stark contrast to the manual and long drawn-out processes that defined the practice in the past.
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.
Growing revenue from meetings and events requires essential collaboration between Marketing, Sales, and RevenueManagement : Marketing : Targets and attracts the right audiences and event types. RevenueManagement : Aligns pricing, forecasting, and availability to optimize delegate volume and spending.
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.
Commenting on the build, Stonewood Group Director, Michael Chow, said, We are excited by our partnership with the Radisson Hotel Group and when we open later this year, we will be bringing to the Auckland hotel market an exceptional lifestyle hotel.
New Zealand hotelier Chris Dickinson has introduced a new luxury accommodation brand to the market with four Auckland properties slated to launch within the first half of 2025. We go above and beyond to deliver exceptional experiences and service for guests, and provide premium property management for owners to optimise financial returns.”
Choice Hotels Asia-Pac has enlisted comedian, radio broadcaster and television presenter Merrick Watts for its latest marketing campaign, which promises to deliver more for every type of traveller. The post Choice calls in comedian Merrick Watts for latest marketing campaign appeared first on Hotel Management.
Hoteliers need to employ smart strategies to optimize revenue and profitability. One of the most powerful tools in their arsenal is a robust RevenueManagement Solution (RMS). This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.
Cheney joined the company in 2007 and served as a general manager at multiple assets from Alaska to Colorado before joining the corporate team in 2011 as director of revenuemanagement.
This move aligns with Duetto’s goal to bring revenue optimization to more markets, helping businesses maximize their profitability and deliver guest experiences. As the hospitality industry continues to evolve, the demand for data-driven revenuemanagement tools has increased.
The number of factors identified to impact the success of a hotels revenuemanagement strategy continues to grow. I'm here to argue that there is one factor more important than all of these, and it is often overlooked in the revenuemanagement discussion.
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.
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.
MINNEAPOLIS, Minnesota—SiteMinder released Dynamic Revenue Plus, a solution for hotels to access live market intelligence and take action on their bookable inventory, pricing, and distribution strategy.
BWH Hotels is set to expand its presence in the New Zealand market through a partnership with Capstone Hotel Management. BWH Hotels Australasia Director of Development, Danilo Curcuruto, said the partnership is a springboard for further expansion in the New Zealand market.
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