Ancillary Revenue Forecasting Market 
Hotel Speak
JANUARY 9, 2025
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. To AI or Not to AI?
Cloudbeds
NOVEMBER 15, 2024
For years, the gold standard guiding business strategies for hotels has relied heavily on historical data, analyzed a few times a year (at best), making it difficult to swiftly respond to changing market conditions. For hotels, this includes making dynamic rate suggestions and identifying segments and offers for marketing campaigns.
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STAAH
APRIL 23, 2024
Interactive dashboards and visual representations make it easier for revenue managers to make data-driven decisions, identifying revenue trends, tracking performance metrics, and accurately forecasting future demand.
Cloudbeds
OCTOBER 9, 2024
Hotel forecasting is a critical component of successful hotel management, serving as the foundation for strategic decision-making and operational efficiency. For hotel managers and the industry as a whole, accurate forecasting is not just beneficial—it’s essential for maintaining competitiveness and profitability in a dynamic market.
Xotels
MARCH 3, 2025
Revenue management tools are software and systems that help hotels optimize pricing, control cost , maximize occupancy, and increase profitability. These tools use data-driven insights, automation, and forecasting to ensure youre charging the right price at the right time. Cost savings: No need to hire a full-time revenue manager.
Hotel Business
DECEMBER 12, 2022
The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Memorable experiences outweigh rising inflation. Domestic tourism is still going strong.
Hotel Speak
FEBRUARY 1, 2024
The top six trends identified by our survey respondents are: Profitability Automation Integrated Systems TrevPAR Ancillary revenue Artificial intelligence Revenue Management More Important Than Ever The revenue management discipline in hotels continues to grow in importance, with respondents ranking it 4.8
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