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Infor Release Revenue Management Solution for Hospitality

Lodging

NEW YORKInfor announced the release of its new revenue management solution (RMS) for the hospitality sector. The platform is designed to change how hotels and resorts optimize their pricing strategies and manage revenue in a complex, AI-driven market.

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Choice partners with ARMA on revenue management training for franchisees

Hotel Management

Choice Hotels Asia-Pac is introducing mandatory revenue management training for franchisees as part of its brand standards to drive performance and consistency across the network. The post Choice partners with ARMA on revenue management training for franchisees appeared first on Hotel Management.

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New Hospitality Metrics for Revenue Managers

Hotel Management

No need to obsess over RevPAR or lose sleep over ADR – there are much more important metrics out there for revenue managers. Revenue management is not a walk in the park. The latest guide by Mews, the industry-leading hospitality cloud, explores the new success metrics for revenue managers.

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Duetto and Event Temple Unveil Integration for Event Revenue Management

Lodging

Were thrilled to partner with Event Temple to deliver a solution that not only enhances operational efficiency but also drives data-driven event revenue optimization, said […] The post Duetto and Event Temple Unveil Integration for Event Revenue Management appeared first on LODGING Magazine.

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APAC Revenue Management Summit delivers big ideas and a bold call to action

Hotel Management

The APAC Revenue Management Summit returned to Melbourne this week under the fitting theme: Simply the Best. The panel explored broader market trends, owner expectations, and revenue management best practices.

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Playing the Same Game: How Revenue Managers and Sales Are Joining Forces

Lodging

Sales and revenue management are two departments that seemingly should be a match made in heaven but often find themselves at odds with differing goals for success.

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Rigorous Revenue Management: AI Tech Tools Take Pricing and Forecasting Accuracy to the Next Level

Lodging

Revenue management 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 revenue management systems (RMSs).