Hotelier Magazine

DECEMBER 17, 2024

By Eric Alister It goes without saying that Artificial Intelligence (AI) has unveiled to hotel and online-travel agency (OTA) brands the hidden powers of customer data collection for increasing operational efficiency and revenue. According to CBRE, seventy-eight per cent of U.S. hotels are affiliated with approximately 328 brands.

OTA 52

OTA KPI Hotels Branding 52

Hotel Speak

JANUARY 9, 2025

Revenue management relies heavily on core principles such as data collection and forecasting. Forecasting: Using historical data and market trends to predict future demand and optimise pricing accordingly. are valuable for staying informed about our industry, its essential not to skim over the basics.

Revenue Management 77

Revenue Management Revenue Management Ancillary Revenue 77

SiteMinder

OCTOBER 9, 2023

Hotel metrics, often referred to as key performance indicators (KPIs), are essential data points that hoteliers use to measure the performance and success of their establishment. Hotel operations are incredibly varied, with many moving parts that interact with and support one another. With SiteMinder, you're always a step ahead.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Hotel Business

JUNE 27, 2023

RevPAS, or revenue per available space, is a key performance indicator (KPI) used at Towne Park to measure the effectiveness of a hotel’s parking revenue strategy. Leverage data to improve continuously Harnessing the power of data is essential in making informed decisions about your parking operations. What is RevPAS?

Revenue 59

Revenue Hotels KPI Revenue Management 59

Amadeus Hospitality

DECEMBER 20, 2022

Redesigned with dynamic operational dashboards and on-line help, the solution makes it easier for teams to analyze key reporting and data points, labor output metrics, and guest amenity requests. To RevenueStrategy360™ , we added a first of its kind market forecasting model.

Shopping 52

Shopping Services Marketing Market 52

Xotels

APRIL 3, 2024

Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? As time progressed, numerous other industries embraced the revenue management approach, integrating it as a foundational strategy for their business operations.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Hotelogix

JANUARY 29, 2025

With 56% of hoteliers worldwide prioritizing smarter tech investments (2024 Lodging Technology Survey), the focus isn’t just on cutting costs but revolutionizing guest experiences and streamlining operations. Revenue Management Systems (RMS) Dynamic pricing strategies Demand forecasting : Use data to predict busy periods.

Management 58

Management Hospitality Hotels Services 58