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A history lesson in revenue management and the top challenge facing today’s hotels

SiteMinder

With every passing year, revenue management is playing a more central role at hotels as they navigate a landscape now locked in a permanent state of change. The exact genesis of yield management (now revenue management) in the hospitality sector is hotly debated,” says Stuart-Hill. “The

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Ignorance means risks: What revenue management means for today’s hotels and the costs of neglecting it

SiteMinder

A quick search on the internet yields a wide range of definitions for ‘revenue management’. Some of these take a theoretical, almost academic approach and, in several instances, there are iterations of revenue management’s classic definition: ‘selling the right room, to the right guest, at the right time, for the right price’.

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OTA Insight names Bhogaraju as COO

Boutique Hotel News

US: Cloud-based hospitality business intelligence platform OTA Insight has announced the appointment of Vivek Bhogaraju as its chief operating officer (COO). Bhogaraju said: “I am thrilled to join OTA Insight and work alongside such a talented, driven and dedicated team.

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OTA Insight names Bhogaraju as COO

Boutique Hotel News

US: Cloud-based hospitality business intelligence platform OTA Insight has announced the appointment of Vivek Bhogaraju as its chief operating officer (COO). Bhogaraju said: “I am thrilled to join OTA Insight and work alongside such a talented, driven and dedicated team.

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CHAP Hospitality Management increases ADR for all hotel clients using SiteMinder’s platform

SiteMinder

Currently, the company manages The Oceanic Sportel in Phuket, ViengTara VangVieng Resort, and SENGLAO BOUTIQUE HOTEL in Laos. We talked with Mr. Ton – Apichet Ongsri, Founder and General Manager of CHAP Hospitality Management Company Limited and CHAP Hotels Co.,

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Video: All-new ‘INN Tech’ hotel technology summit series has stellar launch in Singapore

Hotel Management

At the upcoming AHICE Asia Pacific conference in Adelaide, INN Tech will be held from 8:25am to 9:50am on Thursday May 8 and will include power sessions on Revenue Management, the Intelligent Guest Journey, On-Property Technology, Serving Your Guests More Effectively and Boosting Profitability, and an OTAs Outlook for the year ahead.

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Bhutan’s Namgay Heritage Hotel migrates to Hotelogix Cloud for efficient property management

Hotel Speak

It has also garnered excellent ratings and guest reviews on almost all top OTAs. Speaking about their decision to migrate to the cloud with Hotelogix, Pema Dorji, General Manager at Namgay Heritage Hotel said, “The earlier server-based solution may have been functional at one point, but it quickly became a burden, hindering progress.