How technology is shaping the future of hotel revenue management
As the future demands greater revenue and profit optimization, technology will play a central role in seamlessly integrating data, systems, and people
Technology has undeniably revolutionized revenue management by providing unparalleled convenience. Looking ahead, its role will become even more central as the practice evolves significantly.
Key takeaways
- As hotels shift to more profit-driven business strategies, integrating disparate data sources for revenue management becomes critical;
- Effective revenue and profit optimization requires the convergence of disparate systems to leverage all available data;
- The hotel industry is debating the impact of AI: whether it will enhance or replace the role of current revenue managers.
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