Remove Ancillary Revenue Remove Forecasting Remove KPI
article thumbnail

8 Revenue Management Trends that Define 2025 & Beyond

Hotel Speak

Revenue management relies heavily on core principles such as data collection and forecasting. These fundamentals have remained largely consistent over time, and a solid understanding of them is crucial before diving into the latest trends and innovations in revenue strategies.

article thumbnail

What is Hotel Revenue Management?

Xotels

What Does the Process of Revenue Management Look Like? Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? Revenue Management – What is the Difference? Why is Revenue Management Important to Hotels & Other Industries?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Revenue Management Trends that Define 2024 & Beyond

Xotels

Let´s explore the following topics & trends that are shaping the (current) hotel industry landscape: Can’t Forget the Basics What are the trends in revenue management in 2024 Distribution: Fishing Where the Fish Are Outsourcing To AI or Not to AI? This important metric considers all revenue streams, not just room rates.

article thumbnail

8 Revenue Management Trends that Define 2024 & Beyond

Xotels

Let´s explore the following topics & trends that are shaping the (current) hotel industry landscape: Can’t Forget the Basics What are the trends in revenue management in 2024 Distribution: Fishing Where the Fish Are Outsourcing To AI or Not to AI? This important metric considers all revenue streams, not just room rates.

article thumbnail

Hotel Management Technology: The Future of Hospitality

Hotelogix

Revenue Management Systems (RMS) Dynamic pricing strategies Demand forecasting : Use data to predict busy periods. Business Intelligence and Analytics Platforms Data visualization to make informed decisions Customizable dashboards : Build role-specific KPI visuals. We're tracking every drop because they all matter!