Ancillary Revenue Forecasting Operations 
Cloudbeds
NOVEMBER 15, 2024
While better than operating without data, this approach is reactive and inefficient, resulting in missed opportunities. In this article, we explore what decision intelligence is and the transformative effect it’s bound to have across demand optimization, segmentation, operations, and training and enablement.
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.
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STAAH
APRIL 23, 2024
Technology Adoption to Increase Efficiency Embracing technology has become a cornerstone of modern revenue management practices. Hoteliers are increasingly turning to sophisticated software solutions to streamline their operations and gain a competitive edge.
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. As we look at the importance of forecasting for the hospitality industry, it’s interesting to note that it is also a major part of the science of hotel revenue management.
Xotels
MARCH 3, 2025
Let’s be honestrunning a hotel while managing its revenue at the same time is a balancing act. From making sure staff, guests, and smooth operations are all attended to, we can understand why revenue management so frequently gets put on the back burners. Cost savings: No need to hire a full-time revenue manager.
Hotel Speak
FEBRUARY 1, 2024
There was also continued investment in technology, This year, we take a closer look at how that group business might be revenue optimized, as well as identify the channel management tactics hotels are planning to invest effort in for 2024. out of 5 in terms of its importance to their company in 2024, this was up from 4.4 out of 5 in 2023.
Xotels
APRIL 3, 2024
Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.
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