Lodging

AUGUST 8, 2024

When it comes to selecting an RMS, some hoteliers still opt for a […] The post Rigorous Revenue Management: AI Tech Tools Take Pricing and Forecasting Accuracy to the Next Level appeared first on LODGING Magazine.

Revenue Management 278

Revenue Management Forecasting Revenue Management 278

Lodging

AUGUST 2, 2024

hotels saw their operating efficiency decline as operating expenses increased at a pace greater than revenue growth, resulting in a decline in profit margins. With forecasts of moderate revenue gains for the next few years, hotel owners and operators are very focused on controlling costs. In 2023, U.S.

Forecasting 262

Forecasting Revenue Operations Hotels 262

Lodging

JUNE 24, 2024

DALLAS—DerbySoft, a leader in high-performance distribution services, announced a new partnership with IDeaS, a SAS company, the world’s leading provider of hospitality revenue management software and services, that strategically provides operational and revenue-enhancing benefits for hotels of all types.

Revenue Management 263

Revenue Management Forecasting Revenue Services 263

Hotel Management

SEPTEMBER 25, 2024

Rendezvous Heritage Auckland Rooftop Pool “Auckland and Wellington are key target markets for us, with our Adina and Travelodge brands already well established,” said TFE Hotels’ Group Chief Operating Officer, Chris Sedgwick. As our New Zealand hotels continue to forecast robust revenue growth for the year ahead.”

Global Distribution System 280

Global Distribution System Target Marketing Hotels Forecasting 280

Hotel Management

FEBRUARY 13, 2024

Accor Pacific Chief Operating Officer PME, Adrian Williams, told HM there has been an unprecedented level of interest in Accor hotels and its loyalty programme ALL – Accor Live Limitless since the concerts were first announced – and not just in these two cities.

Occupancy 290

Occupancy Tourism Events Accommodation 290