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The 15 Biggest Revenue Management Myths & Misconceptions

Xotels

Think revenue management is just for the big hotel chains or that it’s all about jacking up prices? Believe me when I say, as the COO of a revenue management consulting firm, that at least one of the below misconceptions is draining your hotel’s profits faster than a leaky faucet.

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GCC Hotel & Club sees 15% revenue growth with STAAH

STAAH

In a move to modernise operations and streamline booking management, the hotel adopted STAAH’s distribution and revenue management tools. This significantly reduced the risk of overbookings and improved operational efficiency. GCC is probably one of the first hotels to use STAAH almost a decade ago.

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Casa Palacete 1822 maximises rate control and prevents overbookings with SiteMinder’s platform

SiteMinder

. “SiteMinder makes it incredibly easy to manage multiple distribution channels through its channel manager —including our own direct channels—offering a level of simplicity that’s unmatched in today’s market,” explains David.

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Gear Up for Mahakumbh Mela 2025: Winning Strategies for Hoteliers to Attract and Delight Pilgrims

eZee Absolute

How Hotels Can Leverage Mahakumbh 2025: Strategies for Success The Mahakumbh 2025 presents an extraordinary opportunity for hotels to boost revenue, build long-term guest relationships, and position themselves as leaders in the hospitality industry. Here’s how hoteliers can leverage this event effectively: 1.

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Encore Profits: How Hoteliers Can Cash In on Ed Sheeran’s India Tour with Smart Revenue Strategies

eZee Absolute

Dynamic pricing isnt just about increasing ratesits about pricing smartly based on real-time demand, market trends, and competitor rates. AI-powered revenue management doesnt just suggest price hikes; it ensures that your pricing aligns with demand fluctuations , maximizing revenue without turning potential guests away.

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How to Choose the Best Channel Manager for a Hotel Business

Hotelogix

A channel manager for vacation rentals might prioritize weekly bookings, while hotels need daily rate adjustments. How to Pick the Right Channel Manager for Your Business There are hundreds of options in the market. Use your channel manager to integrate with your website and drive traffic there.

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SiteMinder and RevenYou perfect the art of hotel business optimisation

SiteMinder

Established in 2016, RevenYou is a specialist consultancy firm supporting accommodation businesses across Australia, New Zealand, and the Pacific with revenue management, sales, marketing, and systems integration. Unlocking profit for its clients has become synonymous with the brand over the years. Let’s look at five examples.