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As technology continues to evolve, so do the strategies and innovations within revenuemanagement. Let’s delve into some of the key trends shaping the future of revenuemanagement in the hotel industry: 1.
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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