Hotel Speak

NOVEMBER 19, 2024

When it comes to revenue management, casino resorts require a different approach than traditional hotels. Implemented effectively, a solid casino-centric revenue management strategy can help casino managers market their casino to the right audience and price their products to boost bottom-line revenue.

Casinos 79

Casinos Revenue Management Revenue Management 79

Hotel Speak

OCTOBER 19, 2023

The discussion centered on AI’s impact and use cases within hotels and casinos now and in the near future. Modern RMSs are going to need to ingest more data faster, quickly assess the data’s predictive impact, and when and where appropriate, use that data to make better pricing recommendations and improve forecast accuracy.”

Revenue 104

Revenue Revenue Management Hotels Casinos 104

Hotel Business

OCTOBER 23, 2024

This achievement underscores Choice’s rapid expansion in the economy and midscale extended-stay market. Located along the New River with scenic views and a riverwalk, the hotel is near Luke Air Force Base, Arizona State University West Valley Campus, State Farm Stadium, Desert Diamond Casino and St. Choice Hotels International Inc.

Pipeline 59

Pipeline Construction Casinos Forecasting 59

Cloudbeds

MARCH 3, 2025

By combining our cutting-edge revenue optimization technology with Cloudbeds robust management platform, were creating a powerful synergy that will allow hotels of all sizes to thrive in an increasingly competitive market.

Revenue 59

Revenue Revenue Management Scale Casinos 59

Cloudbeds

JANUARY 22, 2025

This makes it particularly relevant for businesses like hotels (but also restaurants, casinos, or airlines), which often face high rent expenses. F&B or events), tap into new market segments such as corporate or family groups, and implement upselling/cross-selling.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

Inn Quest

APRIL 5, 2023

This strategy ensures that rooms are not sold below their market value during low-demand periods and not priced too high during high-demand periods, resulting in empty rooms. Similarly, yield management enables hotels to adjust to changing market conditions, resulting in better competitive positioning. in five years.

Yield Management 88

Yield Management Management Occupancy Revenue 88

SiteMinder

SEPTEMBER 20, 2022

It is a broad market, including anything from youth hostels to motels, economy to mid-market, luxury, long-stay hotels and serviced apartments, to resort hotels and professionally run Air BnBs. For this reason, many hotel businesses now use a set of market forecasting tools that involve, for example, flight data.

Hospitality 59

Hospitality Accommodation Casinos Operations 59