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9 Common Myths About Hotel Revenue Management. Let’s Debunk Them.

eZee Absolute

Revenue management (RM) is supremely necessary for hotels. I kid you not, most of the hotels refrain from opting for any sort of revenue management services. The hotel revenue management myths that are swirling around are the real reasons hotels are so skeptical about it. Who is to blame for it?

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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). In the ever-evolving hospitality industry, staying competitive demands more than just offering great accommodations and service.

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Brittain Resorts & Hotels deepens investment in revenue management technology with SiteMinder

SiteMinder

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.

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From Hotel Revenue Management to Hotel Profitability Management

Catala Consulting

This approach is not only about earning more but also about spending wisely, optimizing operations, and innovating services to enhance the overall financial performance of the hotel. As the industry evolved, so did the concept of revenue management. One critical area is cost optimization.

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How to succeed as a hotel revenue manager in 2022

SiteMinder

Whether you are new to the industry or catching up with the fast evolution, this blog will introduce you to the responsibilities of revenue managers and how they can succeed in 2022. What is a revenue manager? A revenue manager is responsible for pricing hotel inventory (rooms) to maximise profit.

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Exclusive: Radisson equipped for ‘significant challenges’ in hotel development

Hotel Management

As a result, hotel operators need to be innovative and agile in operating and provide owners with the best possible solution to maximise revenue and efficiencies. This trend is likely to stay as independent owners continue to navigate operating in the post-pandemic era.

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Exclusive: Radisson, La Vie partner to add over 30 hotels in Asia Pacific

Hotel Management

The move will enable La Vie to develop, manage and operate properties under the Radisson Blu, Radisson RED, Radisson, Park Inn by Radisson, and Country Inn & Suites by Radisson brands, under a non-exclusive brand collaboration agreement.