article thumbnail

8 Revenue Management Trends that Define 2025 & Beyond

Hotel Speak

Ancillary Revenue: Beyond the Room & Rethinking Hotel Space Utilisation Your property has high occupancy, and your guests are happy and leaving good review scores, but you want to increase the overall revenue of your hotel or resort. 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.

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

What is Hotel Revenue Management?

Xotels

Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? The extra revenue and control over availability this provides is an essential technique at the disposal of revenue managers. Protect YOUR Brand!

article thumbnail

Hotel Management Technology: The Future of Hospitality

Hotelogix

Business Intelligence and Analytics Platforms Data visualization to make informed decisions Customizable dashboards : Build role-specific KPI visuals. Measuring ROI and adjusting strategies Keep your tech investments on track: Define KPIs : Establish clear metrics for measuring the success of your new tech implementations.