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Intellisoftware will also gain a seat on ARMA’s Skills Council to provide input for ARMA’s nationally recognised and accredited VET qualification in revenue and yieldmanagement launching this year. Melissa Kalan ARMA CEO, sharing her insights on the partnership stated, “This collaboration marks a significant milestone for us.
HotelRunner, the leading hospitality and travel technologies platform, has launched HotelRunner Elite, an exclusive service designed to add exponential value to independent and chain hotels, helping them overcome the challenges of strategic positioning and yieldmanagement. For more about HotelRunner, visit the website.
Revenue managers should analyse past booking patterns, referencing the guest in-house list from the previous year, including denials and regrets, to understand stays of varying lengths. Ancillary revenue refers to income derived from goods or services offered beyond the core accommodations offering.
And even then, manually-managed distribution is risky: any delays in updating rates and availability on a channel’s extranet could mean selling a room that isn’t available or selling at a lower rate, which can lead to overbooking and sub-optimal yieldmanagement. The same happens with a cancellation.
I have been in hotel revenue management consulting since 2006, and it is a question that keeps coming back. Owners that are closely watching the P&L statement are especially keen to understand how they can drive the bottom line of their hospitality business. And in this case, Room Revenue, when we talk about accommodation.
Thanks to this update, accommodation providers can appear on Google Ads even without bidding on the platform. Free booking links appear just below the “featured” (paid) options in a distinctive tab called “all options” (see below screenshot), which closely mimics the traditional SERP.
Revenue managers should analyse past booking patterns, referencing the guest in-house list from the previous year, including denials and regrets, to understand stays of varying lengths. Ancillary revenue refers to income derived from goods or services offered beyond the core accommodations offering.
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