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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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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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Revenue optimization: Full guide for hotels

SiteMinder

What is revenue optimization? Revenue optimization in hotels is a comprehensive strategy that accounts for all revenue streams and uses data to enhance the overall revenue performance of the business. Table of contents Why is hotel revenue optimization important? Our smart hotel platform helps you do exactly that.

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Hotel Revenue Management for Small Hotels [Free-Ebook]

Hotelogix

As an independent hotel owner, you understand the challenges of driving revenue in a competitive market. 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. 

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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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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.

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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?