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Designing a new era of intelligent revenue management

Hotel Business

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 revenue management, one rooted in scientific rigor, data integration and interdisciplinary collaboration.

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The 15 Biggest Revenue Management Myths & Misconceptions

Xotels

Think revenue management is just for the big hotel chains or that it’s all about jacking up prices? Believe me when I say, as the COO of a revenue management consulting firm, that at least one of the below misconceptions is draining your hotel’s profits faster than a leaky faucet. Quite the opposite.

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SiteMinder and RevenYou perfect the art of hotel business optimisation

SiteMinder

Established in 2016, RevenYou is a specialist consultancy firm supporting accommodation businesses across Australia, New Zealand, and the Pacific with revenue management, sales, marketing, and systems integration. This enabled direct bookings to be taken online at any time of day. We have such a great relationship with SiteMinder.

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5 Common Mistakes in Hotel Revenue Management

Xotels

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 revenue management mistakes I see hotels make all the time as a CEO of a revenue management consulting firm.

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Hotel ad: Monitoring, compliance and parity

SiteMinder

Maintaining parity helps protect your revenue and reputation. of ad-driven direct revenue for D-EDGE hotels in 2023 , a 69% increase since 2019. And remember, online bookings are expected to make up 80% of total hotel revenue within the next three years. All that effort is undone by a mismatch. It accounted for 39.2%

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Top 10 Revenue Management Tools: The Ultimate Revenue Toolkit

Xotels

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 revenue management so frequently gets put on the back burners. What Are Revenue Management Tools?

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The Rebooking Paradox: A Deep Dive into APAC’s Hospitality Challenge With Tony Marshall

Hotel Speak

Marshall: Well, automation can streamline many repetitive tasks, such as night audits, predictive ordering, and yield management, but it’s essential to maintain a strong human touch. How can hoteliers adopt this approach and what benefits can they expect from focusing on revenue per available guest?