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Navigating the UK Market: Top Revenue Management Trends for Hotels

Catala Consulting

This article explores the top trends in hotel revenue management, yield management, and revenue management in the UK, offering insights and strategies for hotel professionals. Dynamic Pricing: The Heartbeat of Yield Management Dynamic pricing remains at the forefront of yield management strategies.

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What is Hotel Revenue Management?

Xotels

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Article Summary: What is the Definition of Revenue Management? Why is Revenue Management Important to Hotels & Other Industries?

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Mastering The Art of Resort Revenue Management

Catala Consulting

Resort revenue management has become an indispensable tool for businesses, fostering strategies that maximize yield and build strong customer relationships. The Cornerstones of Resort Revenue Management Resort revenue management , interchangeably used with yield management, revolves around a strategic pricing approach.

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The Impact of AI on the Hospitality Industry

Inn Quest

Gone are those days when a friendly concierge staff was the peak of personalized service. Rather than replacing human interaction, AI enables professionals to provide better service while making time for establishing connections. To learn about the benefits of yield management in the hotel industry, read this.

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ThinkReservations vs SiteMinder

SiteMinder

While it is capable of generating predictive analysis, such as yield management reports that forecast demand and guide rate adjustments, some users say that these reports don’t convert well to Excel. The lack of ThinkReservations app means that there’s also no way to integrate a calling service through your smartphone.

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Hotel Revenue Management Strategies

Xotels

Mix of business and leisure amenities and services (see how to target the bleisure market ). Revenue management should lead the pricing strategy to ensure the best offer goes out to the booker. Benchmarking Benchmarking is a foundational element of revenue management.

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What is a hotel reservation system and why is it important?

Cloudbeds

When travelers book on your website, you can upsell them to premium rooms and cross-sell onsite services and add-ons like breakfast, dining, spa, and recreation. With its recent merger with Pegasus, Cendyn now offers a flexible, scalable reservation system with intelligent rate and inventory management tools. Guestcentric.