Hotels need better skill-building in revenue strategy - Revenue managers need to get better at articulating takeaways from data rather and focusing on analysis that can help the entire commercial operation.
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Topics › Revenue Management
AI to make hotel room pricing more profitable, experts say - While the changes wont happen overnight, most hotel companies hope artificial intelligence will improve their skill at pricing rooms.
Jul 17, 2023 • Hospitality
Mastering revenue management even with a reduced workforce - For better or worse, the “doing more with less” mantra has become a core skill set of today’s revenue managers.
Jul 12, 2023 • Hospitality
Hotel revenue managers' reliance on automation increases - “Old-school philosophy” still leads to uncertainties creeping in whenever the automation system doesn’t yield optimal results.
Jul 11, 2023 • Hospitality
Revenue strategy is more than rooms revenue, rates, and RevPAR - How an influx of readily available data is leading to modern approaches to revenue strategy.
Jul 7, 2023 • Hospitality
Room to Reward: using empty hotel rooms for the greater good - The charity Room to Reward works with the hotel industry to utilise un-booked hotel rooms and reward communities across the UK.
Jun 27, 2023 • Hospitality
Shorter booking windows frustrate revenue management - One of the trickiest parts about the industry right now is that the business is showing up but no one’s booking in advance.
Jun 19, 2023 • Hospitality
Watch out for ‘junk’ fees when booking travel online - Those seemingly cheap plane tickets or hotel rooms advertised online may be a trap to make you spend more than anticipated.
Jun 16, 2023 • Hospitality
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