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8 Essential Features To Consider When Choosing a Revenue Management Solution for Your Hotel

STAAH

Hoteliers need to employ smart strategies to optimize revenue and profitability. One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS). This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.

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From convenient to central: How technology is driving the future of revenue management

SiteMinder

It’s hard to imagine revenue management before the advent of hotel software and systems. Thanks to these solutions, today’s revenue manager can produce forecasts, distribute inventory and adjust rates with speed – a stark contrast to the manual and long drawn-out processes that defined the practice in the past.

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Amadeus GDS: What is it used for?

SiteMinder

Amadeus GDS is one of the hospitality industrys leading global distribution systems. With connections to 400+ airlines and 50+ rail, cruise and ferry operators, Amadeus is a gateway to new revenue opportunities. What is Amadeus GDS? What is Amadeus GDS used for?

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What is Hotel Revenue Management?

Xotels

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies.

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Hotel Revenue Management for Small Hotels [Free-Ebook]

Hotelogix

In this blog, we will delve into different aspects of hotel revenue management and explore top tips and tricks to help you optimize your hotel’s revenue potential.    What is Revenue Management in Hotels?

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Revenue optimization: Full guide for hotels

SiteMinder

Revenue optimization recognizes and responds to opportunities to not only sell more, but sell more profitably too by using data, analytics, reports to make strategic decisions. Included in this will be key metrics, forecasting models, and trending insights. Table of contents Why is hotel revenue optimization important?

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EBITDAR explained: Driving financial health for hotels

Cloudbeds

Business intelligence software To improve EBITDAR, teams can use business intelligence software to collaborate, identify opportunities to reduce costs, and find ways to increase revenue. 7 tips to improve EBITDAR As a profit metric, EBITDAR can be improved in two ways: increasing revenue and reducing costs.

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