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7 Hotel Revenue Management Trends & Innovations of 2024

STAAH

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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OTA Insight names Bhogaraju as COO

Boutique Hotel News

US: Cloud-based hospitality business intelligence platform OTA Insight has announced the appointment of Vivek Bhogaraju as its chief operating officer (COO). As COO, Bhogaraju will spearhead strategic planning, internal operations, M&A, partnerships, and help to scale the company’s acquired businesses.

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OTA Insight names Bhogaraju as COO

Boutique Hotel News

US: Cloud-based hospitality business intelligence platform OTA Insight has announced the appointment of Vivek Bhogaraju as its chief operating officer (COO). As COO, Bhogaraju will spearhead strategic planning, internal operations, M&A, partnerships, and help to scale the company’s acquired businesses.

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Survey Results: Revenue Management Trends & Predictions for 2024

Hotel Speak

The annual Duetto Revenue Management Trends & Predictions Survey results are in! There was also continued investment in technology, This year, we take a closer look at how that group business might be revenue optimized, as well as identify the channel management tactics hotels are planning to invest effort in for 2024.

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Wonderstone Glacier enhances guest experience and operations with SiteMinder

SiteMinder

Challenges before SiteMinder Before integrating SiteMinder into its operations, Wonderstone Glacier encountered difficulties in expanding its reach through online travel agencies (OTAs). The hotel aimed to connect with a wider array of OTA platforms, including smaller players, to maximise its visibility and bookings.

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HotelKey, OTA Insight form partnership

Hotel Business

Cloud-based hospitality platform HotelKey has partnered with OTA Insight to give hotels access to rate data and actionable insights to make more effective pricing decisions. The strategic partnership introduces new API capabilities, including OTA Insight’s data API, drawing on a daily stream of 2 billion rate data points.

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8 Essential Features To Consider When Choosing a Revenue Management Solution for Your Hotel

STAAH

Hoteliers need to employ smart strategies to optimize revenue and profitability. One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS). This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.