Xotels

APRIL 3, 2024

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Article Summary: What is the Definition of Revenue Management? Why is Revenue Management Important to Hotels & Other Industries?

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Hotelogix

JANUARY 29, 2025

Here’s the scoop: Dynamic pricing strategies : AI-powered systems adjust rates in real-time based on demand, events, and competitor pricing, maximizing revenue per available room (RevPAR). Yield management integration : Tweak rates based on current demand. Booking restriction management : set and change stay requirements.

Management 58

Management Hospitality Hotels Services 58

Xotels

SEPTEMBER 13, 2024

Here are some important takeaways on this topic: Contextual Factors: Revenue management is influenced by numerous factors, including market dynamics, hotel-specific characteristics, and seasonal fluctuations. And, what happens when an unforeseen event happens (think Covid-19)? Every area is a revenue opportunity.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Xotels

SEPTEMBER 13, 2024

Here are some important takeaways on this topic: Contextual Factors: Revenue management is influenced by numerous factors, including market dynamics, hotel-specific characteristics, and seasonal fluctuations. And, what happens when an unforeseen event happens (think Covid-19)? Every area is a revenue opportunity.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40