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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 optimize pricing strategies to capitalize on high-demand periods and minimize revenue loss during low-demand periods.

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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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Exclusive: Choice reports direct bookings boom, continued RevPAR growth

Hotel Management

Australian revenue managed hotels had a 40% RevPAR increase in 2022 and ADR was up 10% on 2019 figures. Corporate bookings have also increased across the group, with global distribution system (GDS) room nights up 42% compared to 2021. “At

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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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Hanging Gardens of Bali maximises sales and improves channel management with SiteMinder

SiteMinder

Besral Sitorus, Cluster Revenue Manager of the hotel, expressed his satisfaction after relying on SiteMinder: “SiteMinder has a LOT of connections, which makes it easier for us to connect with valuable channels. The team was struggling to widen visibility via online channels with their previous technology solution.

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Understanding GDS: A Comprehensive Guide for Hoteliers

STAAH

The answer lies in the use by over 600,000 Travel Agents of one of the 4 Global Distribution Systems (GDS) – Sabre, Galileo, Amadeus or Worldspan. What is Global Distribution Systems (GDS)? What is Global Distribution Systems (GDS)? How Does GDS Work? How Does GDS Work?