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HVS Las Vegas Casino and Hotel Market Outlook 2024

Hospitality Net

In 2023, occupied room nights, as well as total occupancy (83.5%), continued to lag 2019 performance; however, like gaming revenue, the market’s ADR ($191.29) and RevPAR ($159.73) for 2023 reached record levels for the second year in a row.

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Duetto and SHR Partner to Transform Casino Loyalty Pricing

Hospitality Net

Duetto, a global leader in revenue management solutions, and SHR (an Access company), a leading provider of innovative and intelligent technology solutions for hotels and resorts, today announced a strategic partnership designed to revolutionize the casino resort industry.

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HVS Las Vegas Casino and Hotel Market Outlook 2024 - By Shannon S. Okada

Hotel News Resource

In 2023, occupied room nights, as well as total occupancy (83.5%), continued to lag 2019 performance; however, like gaming revenue, the marketÕs ADR ($191.29) and RevPAR ($159.73) for 2023 reached record levels for the second year in a row.

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Benefits of Yield Management in the Hotel Industry

Inn Quest

Anyone who has worked in the hospitality industry for a few years would enthusiastically attest to the importance of yield management in hotels, particularly in hotel revenue management. Yield management is a pricing strategy that predicts customer demand and adjusts prices to maximize revenue.

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Integration of Mews and Duetto reaches over 600 hotels

Hotel Speak

[New York, 13 August] – Mews , the industry-leading hospitality cloud , and Duetto, a leading provider of revenue management software for the hospitality industry, have now exceeded 600 joint hotel customers, driving revenue growth for hoteliers globally.

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Hotel CRS: What it is and how it helps the bottom line

Cloudbeds

room types, maximum occupancy, stay restrictions, etc.), Using data from various systems, including your PMS, revenue management system (RMS) , and customer relationship management (CRM) system, hotels can strategically leverage data to implement dynamic pricing strategies and personalized, segmented, and tailored campaigns via their CRS.

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Shaping the Hospitality Industry: An Interview with Tony DiRaimondo

Hospitality Taskforce

I think revenue-generating positions are one of them. It’s based on generating a certain volume of business (and revenue) every week, every month. If you don’t generate that revenue, that month is lost. You can’t run 110% occupancy in a future month to make up for two months of being 5% off! Think about your budget.