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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.
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.
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?
Hotel and resort businesses become more profitable when they earn more revenue regularly. You can do the same for your hotel by setting the right revenuemanagement strategies. If so, you’re on the wrong track.
Hotel and resort businesses become more profitable when they earn more revenue regularly. You can do the same for your hotel by setting the right revenuemanagement strategies. This is where you need […] The post Hotel RevenueManagement System appeared first on Are Morch, Digital Transformation Coach.
Optimal resortrevenuemanagement requires organizations to look beyond the guestroom as they seek to maximize revenue. Ideally, resort hoteliers need to understand which guests are likely to spend the most overall during their stay—and even better, understand which guests are most profitable.
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.
And hotels and resorts have definitely caught on to this, offering tons of discounts to get people to book. Use revenue tech to your advantage Revenuemanagement systems (RMSs) have evolved to provide smarter segmentation and demand forecasting to tighten levels of granularity. can result in a stable revenue stream.
Ive been in the revenue game for 20+ years, and let me tell you nothing grinds my gears like watching hotels leave money on the table. So, Im calling the mistakes out Here are 5 brutal revenuemanagement mistakes I see hotels make all the time as a CEO of a revenuemanagement consulting firm.
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. ” Wurm pointed out that, not long ago, revenuemanagement was only about the reservations, but that has changed.
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.
LONDON—IDeaS announced IDILIQ Hotels & Resorts has selected IDeaS G3 RMS to automate revenuemanagement and optimize its pricing strategies across its portfolio of luxury resorts. IDILIQ Group designs, develops, and manages residences in destinations in Europe and the United States.
Let’s be honestrunning a hotel while managing its revenue at the same time is a balancing act. From making sure staff, guests, and smooth operations are all attended to, we can understand why revenuemanagement so frequently gets put on the back burners. What Are RevenueManagement Tools?
Everything we do must connect to them ‘ ethos and how this approach has not only revolutionised the guest experience but has also become the driving force behind a more holistic and resilient revenue generation strategy, one that prioritises Revenue Per Available Guest (RevPAG) and cultivates meaningful, long-lasting guest relationships.
Marsden Hotel Group, owner and operator for successful 4-5 start properties across New Zealand, has teamed up with STAAH, a leading technology provider for hospitality businesses, to boost the revenue-generating capabilities of the properties in its network.
We have written extensively about hotel revenuemanagement strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenuemanagement, we have made a summary of all the top advice from our perspective as a hotel revenuemanagement consulting company.
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 managers market their casino to the right audience and price their products to boost bottom-line revenue.
Manual work and data errors are a thing of the past as STAAH helps Grand Sunshine Resort streamline distribution and bookings. Strategically located, Grand Sunshine Resort & Convention serves as an ideal starting point to explore the natural beauty of South Bandung, Indonesia.
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.
Radisson Hotel Group (RHG) has signed an agreement with La Vie Hotels and Resorts to add over 30 hotels to the Group’s portfolio over the next decade. La Vie Hotels and Resorts CEO, Jerry Xu, said it’s a major partnership for the group and one that they are “incredibly proud of”.
Award-winning hotel booking platform Profitroom has announced a new integration with market-leading revenuemanagement software provider, IDeaS. Hoteliers with Profitroom will also be able to tap into IDeaS AI-powered demand forecasting and revenue optimisation engine to automate rate and inventory management decision recommendations.
Full-scale construction has commenced on the development of Radisson Blu Mirage Resort Fiji, scheduled to open in 2026, with the project now funded by both the Fiji National Provident Fund (FNPF) and BSP Financial Group (Fiji) Pte Limited (BSP). The app became the 5th most downloaded hospitality app in 2025.
In a significant step toward advancing technology adoption in India’s tourism and hospitality sector, global hospitality technology firm STAAH has signed a Memorandum of Understanding (MoU) with The Clarks Hotels & Resorts in New Delhi.
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. Ancillary revenue to the rescue! This post will show you how to convert those opportunities into revenue. The good news?
STAAH partnered with Espire Hospitality to streamline operations and optimize revenue across the groups wide portfolio of hotels and resorts. According to Mohd Aamir , Head Revenue and E-Distribution at Espire Hospitality, Partnering with STAAH has been a game-changer.
Germantown, TN- based McNeill Hotel Company has added Marci Jacobs as VP, sales & revenue generation. In this role, Jacobs is responsible for building an integrated approach to sales, digital marketing and revenue generation to enhance collaboration and develop synergies among these functions at the corporate and property levels.
In the fiercely competitive hospitality industry, the essence of successful resortrevenuemanagement lies in data-driven decision-making. This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. Why is RevenueManagement Imperative for Resorts?
Crestline Hotels & Resorts, LLC announced the appointment of Leah McFarland as senior vice president of revenue strategy. McFarland joins the Crestline team from MCR Hotels where she was vice president of revenuemanagement and […] The post This Week’s Comings & Goings appeared first on LODGING Magazine.
In STAAH, the Indian hospitality group found a sophisticated system to help manage room types and yield rules, and boost direct revenue by 30%. Daily deals, upselling, promos and a number of other in-built capabilities allow Chokhi Dhani revenuemanagers to drive demand based dynamic pricing decisions.
Myrtle Beach, SC-based hospitality management company Brittain Resorts & Hotels (BRH) has appointed Brittney Jones as chief development officer. Prior to assuming a position in development, she served as VP, sales, marketing and revenuemanagement, leading a team and supporting top-line revenue initiatives across the portfolio.
Once again, the entries this year – from chefs to housekeepers, five-star resorts and apartment hotels – have been incredible and it has been terrific to see thousands of staff and properties highlight many achievements in another busy year,” said HM Awards Founder, Chief Judge and Editor-In-Chief, James Wilkinson.
Technology and exceptional customer support from STAAH help Hoi An River Beach Resort & Residences increase their global online footprint and drive growth. Located in the heart of Cua Dai Beach [Vietnam], Hoi An River Beach Resort & Residences offers a range of rooms with stunning views and top-class amenities.
When it comes to luxury hospitality, every empty room represents a missed opportunity and mastering the art of revenuemanagement is paramount. The role of revenuemanagement in luxury hospitality At the core of revenuemanagement lies the art of optimizing room rates and availability to maximize revenue.
La Vie announces six appointments Talal Ammari La Vie Hotels and Resorts has kicked off 2024 with six new appointments. As Regional Director of Sales, South and South East Asia, based out of Bangkok, Ammari will be responsible for managing all sales functions for the region.
XOTELS – RevenueManagement eBook In the first chapter of this eBook, we will go over the definition of what is revenuemanagement in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenuemanagement to more advanced practices and strategies.
The right sales tactics can help increase revenue, boost occupancy rates , and ensure guests have a positive experience. By encouraging guests to book directly through your website, you can keep more of the revenue and build stronger relationships with your guests. Implement Dynamic Pricing for Optimal Revenue What is Dynamic Pricing?
Sheetal Kapoor, CEO of Palm Holdings, commented: “We are thrilled to be partnering once again with IHG Hotels & Resorts to introduce an exciting new hotel concept in the UK’s Capital city. Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex
. “Since joining us in 2020 as SVP, revenue generation, Vickie has been an invaluable member of our team,” said Greg Friedman, managing principal/CEO, Peachtree Group. “Vickie has successfully guided us through the pandemic’s challenges with her strategic insights and ability to optimize our hotel revenues.
Pricing intelligence and revenuemanagement software provider, RatePing Hotel Pricing Intelligence and leading hospitality guest acquisition platform, STAAH have enhanced their long-standing partnership to cover the former’s Price Intelligence and Revenue Boost capabilities.
Whether you accept transient or group business to your hotel is more than just a revenuemanagement question. It’s also a risk management question. And what is the philosophy of the hotel, the ownership, the general manager, and other stakeholders? They don’t pull folio data into their revenue calculations.
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.
As a hotelier, you're likely aware that effectively managing event spaces, such as conference halls and banquet rooms, can significantly boost your hotel's revenue. Yes, optimized banquet space management contributes around 15% to 20% of total earnings. But have you been able to get it right?
Resolute Road Hospitality announced the addition of Andrea Pace-Mickley as senior corporate revenuemanager. In her new role, Pace-Mickley will lead the company’s revenue and commercial strategy. As part of the Sage Investments team, Li will support new business growth.
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