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This requires walking a fine line between minimalist operations and classic hotel service, and […] The post Profitability Amid Uncertainty: Why Hotels Rely on RevenueManagement Technology appeared first on LODGING Magazine.
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.
AI is especially prevalent in revenuemanagement, as automation continues to be at the forefront of hotel operations. Revenue Analytics recently launched the N2Pricing Commercial Suite, which expanded its revenuemanagement system and updated how hoteliers extract insights from data.
SAN FRANCISCO, California—Duetto announced the launch of The Revenue & Profit Operating System, the first platform designed to bring together all revenue and profit tools in one place.
No need to obsess over RevPAR or lose sleep over ADR – there are much more important metrics out there for revenuemanagers. Revenuemanagement is not a walk in the park. The latest guide by Mews, the industry-leading hospitality cloud, explores the new success metrics for revenuemanagers.
Designed to eliminate manual processes, prevent errors, and unlock new revenue opportunities, the integration between OpenSpace and Event Temple enables hotels and venues with fully synchronized, automated, and real-time booking workflows.
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).
Sales and revenuemanagement are two departments that seemingly should be a match made in heaven but often find themselves at odds with differing goals for success.
The APAC RevenueManagement Summit returned to Melbourne this week under the fitting theme: Simply the Best. In a highly anticipated workshop, Eoin Loftus led the crowd through his Profit BOOST framework, offering proven strategies to uncover hidden margins and reimagine commercial operations from the inside out.
Fair or not, the idea that advanced revenuemanagement software is best suited for massive high-end resorts or properties that are operating under a big brand umbrella has been stubbornly persistent among hoteliers.
Outsourced revenuemanagement has become a strategic solution for independent and lifestyle hotels that want to grow profitably without building large in-house commercial teams. If you’re a hotelier evaluating your revenue strategy, this is your practical starting point. What Is Outsourced RevenueManagement?
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?
However, a seamless integration between a hotel’s RevenueManagement […] The post Happy Guests, Healthy Bottom Line: The Link Between Operations and Revenue appeared first on WebRezPro.
Clare Davies, Capstone Hotel Management Clare Davies was ahead of the trend. Ten years ago, Davies established Capstone Hotel Management, now recognised as New Zealand’s leading white-label hotel management company. Tell us about Capstone’s partnerships with major hotel operators.
Competitive indicators show extended-stay properties stand to benefit from advanced revenuemanagement support now more than ever. The most significant misconception extended-stay operators have about adopting revenuemanagement technology is that it will require changing their operating model.
With all the changes impacting hoteliers so quickly—the need for hotels to do more with less, continuing pressures on margins, the rapid rise of AI—it’s time for new paradigm in revenuemanagement, one rooted in scientific rigor, data integration and interdisciplinary collaboration.
PARIS and MINNEAPOLIS—IDeaS and Accor announced that Accor has chosen IDeaS as its global revenuemanagement software (RMS) provider. Partnering on a suite of IDeaS revenuemanagement solutions, Accor continues to update its commercial strategy for hotels, property owners, and managers.
Bezla’s proprietary, Provisionally Patented Hotel RevenueManagement Application provides our hotel owners with a competitive edge. Bezla’s hotel revenuemanagement experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
Bezla’s proprietary, Provisionally Patented Hotel RevenueManagement Application provides our hotel owners with a competitive edge. Bezla’s hotel revenuemanagement experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
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. It’s really about driving direct bookings.
Bezla’s proprietary, Provisionally Patented Hotel RevenueManagement Application provides our hotel owners with a competitive edge. Bezla’s hotel revenuemanagement experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
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.
As hotels and resorts face increasing competition and evolving guest expectations, the need to streamline operations while enhancing guest experiences has never been more pronounced. Operational efficiency involves minimizing waste, maximizing productivity, and ensuring that every aspect of the business operates smoothly.
Many hotels still rely on specialized, single-user systems managed by individual departments or team members. For instance, the revenuemanager might use a dedicated revenuemanagement system that only they can access, while the sales team uses a separate customer relationship management tool.
While better than operating without data, this approach is reactive and inefficient, resulting in missed opportunities. In this article, we explore what decision intelligence is and the transformative effect it’s bound to have across demand optimization, segmentation, operations, and training and enablement.
DALLAS—DerbySoft, a leader in high-performance distribution services, announced a new partnership with IDeaS, a SAS company, the world’s leading provider of hospitality revenuemanagement software and services, that strategically provides operational and revenue-enhancing benefits for hotels of all types.
China outbound travel is returning, technology is innovating at a rapid rate, and hoteliers have more opportunities to revenuemanage beyond room rates. Therefore, in addition to watching costs, hotels need to re-evaluate their wholesale and tour operator contracts. As such, the focus must be on profitability.
The annual Duetto RevenueManagement 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.
As hotels and resorts face increasing competition and evolving guest expectations, the need to streamline operations while enhancing guest experiences has never been more pronounced. Operational efficiency involves minimizing waste, maximizing productivity, and ensuring that every aspect of the business operates smoothly.
Managing a hotel isnt just about filling rooms; its about making your systems and operations work together seamlessly. 1) PMS + channel manager = real-time peace of mind Your Property Management System (PMS) is your operational command centre. Ready to simplify your technology?
DALLAS, TexasPremier hotel management company Remington Hospitality has announced Adrian De Gortari as its new executive vice president of revenue. De Gortari will play a key role in enhancing the companys revenuemanagement strategies and supporting its ambitious growth, particularly in the Caribbean and Latin American regions.
The inaugural Extended Stay Hotel Forum, held last Tuesday at the Union League Club in Manhattan, New York City, focused on development, ownership, and operation in the vibrant extended-stay segment, which comprises more than 51 percent of hotels currently being financed.
Skift Take: Turbulence hits Tata Group at a time when its airline has ambitious plans to modernize fleet, operational systems and revenuemanagement, and has lined up a record order for 470 aircraft. Amrita Ghosh Read the Complete Story On Skift
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. With a need to manage demand to optimise profitability across the city properties, Z Hotels sets a bar for delivering quality at affordable rates.
Hoteliers are under mounting pressure to modernize operations and exceed increasingly sophisticated guest demands. In response, hotels are increasingly enhancing traditional hotel software systems by turning to AI agentstask-specific, autonomous systems that augment staff, streamline operations, and personalize the guest journey.
Hotel owners in the Asia Pacific region are under growing pressure to deliver stronger financial results while managing increased operating costs and shifting demand patterns.
Revenuemanagement (RM) is supremely necessary for hotels. I kid you not, most of the hotels refrain from opting for any sort of revenuemanagement services. The hotel revenuemanagement myths that are swirling around are the real reasons hotels are so skeptical about it. Who is to blame for it?
Lybra Assistant is an RMS in Europe with more than 1,600 hotels using the system, which have experienced improvements in revenue and operational efficiency. Lybra Assistant is for all properties […] The post Zucchetti North America Brings Lybra Assistant to Market appeared first on LODGING Magazine.
Amanda brings more than 23 years of senior leadership experience in hospitality operations, service excellence, and team development. Prior to this, she also served as Director of Operations for Australia, overseeing the performance of the group’s Australian portfolio.
However, as most commercial teams have begun integrating revenuemanagement, marketing and distribution to drive greater efficiency and outcomes, the 2025 edition reflects this shift. The report highlights a widening gap between technological potential and operational readiness. That’s what this year’s edition aims to provide.
SAN FRANCISCO, California—Duetto announced the launch of GameTime, a streamlined revenuemanagement system (RMS) designed specifically for select-service and limited-service hotel brands. “We understand that one size doesn’t fit all,” said Sabrina Jackson, vice president of product management at Duetto.
Luminous Living, which will offer premium property management services for owners, aims to disrupt the high-end lifestyle hotels category by raising the bar with “elevated guest experiences, seamless service, designer amenities, and an all-inclusive offering”.
In his new role, Kattato will continue to oversee the operations team while expanding his responsibilities to include all departments. In his new role, Kattato will continue to oversee the operations team while expanding his responsibilities to include all departments.
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