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As a leader in revenuemanagement consulting , were always at the forefront of what is happening in the hotel industry and keeping a close eye on how revenuemanagement trends keep evolving. While questions like What are the top trends in revenuemanagement for 2025?
As a leader in revenuemanagement consulting , we’re always at the forefront of what is happening in the hotel industry ─ and keeping a close eye on how revenuemanagement trends keep evolving. While questions like “What are the top trends in revenuemanagement for 2024?”
As a leader in revenuemanagement consulting , we’re always at the forefront of what is happening in the hotel industry ─ and keeping a close eye on how revenuemanagement trends keep evolving. While questions like “What are the top trends in revenuemanagement for 2024?”
Not only does a hospitality-focused CRM help manage guest profiles from a variety of business units, it enables hotels to drive ancillaryrevenue throughout the digital guest journey and from returning guests. A specialist CRM reduces implementation costs and generates ROI sooner.
Hoteliers are recognizing the immense value that data brings to their business, from understanding drivers of demand to developing effective revenuemanagement strategies. But the big question is – how willing are they to invest in new technology?
From marketing to operations to revenuemanagement, your SWOT analysis should evaluate all aspects of your hotel. They don’t necessarily take place every year and don’t always have a direct ROI. Don’t skip this step! Further, be sure to include a broad range of departments.
“When I developed HotelIQ Decision Cloud, it was very important to me to make data more accessible to the entire commercial team by breaking down the walls that traditionally exist within a hotel’s sales, marketing and revenuemanagement departments,” said Apo Demirtas, founder/CEO, HotelIQ.
RevenueManagement Systems (RMS) Dynamic pricing strategies Demand forecasting : Use data to predict busy periods. 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.
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