Hospitality Net

FEBRUARY 14, 2025

Infor, a global leader in business cloud software specialized by industry, today announced the release of its new Revenue Management Solution (RMS) for the hospitality sector.

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Hospitality Net

OCTOBER 3, 2024

With over three decades of experience in hospitality and culinary arts education, Dusit Thani College (DTC) stands as Thailand’s first and largest institute specifically dedicated to the field. However, these offerings have been exclusively in Thai—until now.

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Hospitality Net

NOVEMBER 25, 2024

From property management systems to guest apps and revenue management software, there’s so much out there to help hotels digitise operations that the tech market is overwhelming decision-makers. But what are the three things hoteliers are really looking for in technology today?

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Hospitality Net

JANUARY 7, 2024

In the hospitality industry, achieving optimal revenue performance used to be the domain of larger, full-service hotels, with smaller and select-service hotels often left to navigate revenue management independently.

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Hospitality Net

FEBRUARY 10, 2025

Weve been big proponents of breaking down silos and building alignment among commercial teams, and really that thinking should be expanded to include marketing.

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Hospitality Net

OCTOBER 2, 2023

Hotel revenue management is the process of optimizing revenue by predicting demand and setting prices accordingly, most commonly found in hotels to forecast occupancy in order to maximize their room rate, hotel marketing strategy, and overall property performance.

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Hospitality Net

NOVEMBER 22, 2024

We sat down with three Revenue Management experts, Virginia McShane, Joshua Clem, and Hudson Wood, to get some tips and tricks for tracking pickup and pace, communicating with other departments, and staying flexible in a dynamic market. By keeping a close eye on your pickup and your pace.

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Hospitality Net

APRIL 17, 2024

Organizations are able to harness the power of data to gain a deeper understanding of their operations, customer behaviors, and market trends, unlocking competitive advantages.

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Hospitality Net

JUNE 18, 2024

SalesAndCatering.com and LodgIQ™ today announced a new strategic partnership to integrate LodgIQ’s revolutionary artificial intelligence (AI) revenue management technology into SalesAndCatering’s award-winning group and event management platform, STS Cloud.

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Hospitality Net

NOVEMBER 6, 2023

Duetto, the hospitality industry’s #1 Revenue Management Software (RMS), has announced today that Advance, its real-time, dynamic revenue optimization solution, unveiled at ITB in March, is now available to hotels around the world.

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Hotel Management

JANUARY 21, 2025

Choice Hotels Asia-Pac is introducing mandatory revenue management training for franchisees as part of its brand standards to drive performance and consistency across the network. Choice Hotels Asia-Pacs work with the ARMA VET qualification is a game-changer for the hospitality sector, Kalan said.

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Hospitality Net

JULY 18, 2023

Duetto, the hospitality industry’s #1 Revenue Management Software (RMS), has released its latest look at the global hotel market, reporting positive signals in all metrics through to year-end.

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Hospitality Net

AUGUST 27, 2023

With casinos now in almost every state in the US, knowledge about gambling operations, loyalty programs, and marketing tactics is increasingly prevalent. Gaming operators have long expanded into other hospitality industries and, recently, online.

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Hospitality Net

AUGUST 1, 2024

Traditional revenue management concepts in the hospitality industry have evolved significantly in recent years due to technological changes, consumer behavior, and market dynamics.

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Lodging

JULY 18, 2024

Last month, GrowthCurve Capital acquired Duetto, a leading provider of revenue management software for the hospitality industry, from affiliates of Warburg Pincus and other shareholders.

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Hospitality Net

SEPTEMBER 6, 2023

Brick Hospitality, a San Diego-based hotel management company is proud to announce its launch and its newly appointed group of expertise-driven leaders.

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Hospitality Net

DECEMBER 13, 2023

AI in the hospitality industry will enhance revenue management, menu development, employee and guest education, marketing, sales, and more. We are at the very beginning of this exciting technology that comes with some cautions ahead–cybercrime and terrorism for starters.

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Hospitality Revenue Management Revenue Sales 189

Hospitality Net

OCTOBER 20, 2024

Duetto, the world’s leading revenue management software provider for the hospitality industry, is proud to announce its further expansion into North Asia.

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STAAH

APRIL 23, 2024

In today’s fast-paced hospitality landscape, staying ahead of the curve is paramount for maximizing revenue potential. As technology continues to evolve, so do the strategies and innovations within revenue management.

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Hospitality Net

APRIL 11, 2023

Marking its debut in Portugal, the one-of-a-kind camp will bring together top academics and industry leaders to run a one-week education, knowledge-sharing and networking programme for sales, marketing and revenue management experts, as well as general managers.

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Hotel Management

MARCH 25, 2024

The company will become involved in the design of a new AI training course for ARMA members which has been proposed for ARMA’s 2024 curriculum to take advantage of the enormous groundswell of interest in AI and how it can benefit all types of businesses in the hospitality sector and beyond.

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Hospitality Net

APRIL 5, 2024

For those of you who have not been part of the very first newsletter: It all started with Rafa, Haydo, Sab and me hitting the flea market, and the kids using tech to get an edge. You can read the vintage story: Here.

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Hospitality Net

APRIL 28, 2023

During the early 2000s as internet marketing was rapidly advancing, we produced the first Hotel Internet Marketing Strategy Conference in 2003 and then the Revenue Management Strategy Conference in 2004.

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SiteMinder

APRIL 25, 2024

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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Hospitality Net

NOVEMBER 5, 2024

SiteMinder, the world’s leading hotel distribution and revenue platform, unveiled the winners of the 2024 SiteMinder Partner Awards during a ceremony at WTM London, recognising businesses across five continents that have successfully simplified an increasingly-complex landscape for hoteliers.

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Lodging

JUNE 7, 2024

COLUMBUS, Ohio—Red Roof promoted Lisa Jordan to vice president of marketing. With nearly 20 years in the hospitality industry, Jordan joined Red Roof in 2021 to lead an integrated digital marketing team. I […] The post Red Roof Promotes Lisa Jordan to Vice President of Marketing appeared first on LODGING Magazine.

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SiteMinder

JULY 13, 2024

What is hotel revenue management? Hotel revenue management is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. What is the primary purpose of revenue management?

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Hospitality Net

JUNE 6, 2024

Accommodation providers can be similarly enthusiastic about the events highlighted in this blog post, as they are taking their local markets to huge points of revenue-generating potential. Travelers, revelers and culture lovers are dusting off their beloved band t-shirts and scanning show schedules to find their favorite artists.

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Hospitality Net

AUGUST 30, 2024

Although hotel departments have historically operated in silos, the way consumers interact with hotels nowadays highlights the increased need for consolidation into a comprehensive commercial strategy – where everyone from front office staff to revenue management, sales, and marketing are aligned towards delivering the best experiences to guests and (..)

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Hospitality Net

DECEMBER 12, 2023

A recent study by Regional Research Reports concluded that in 2022, the global Hotel Revenue Management Systems (RMS) market was valued at millions of USD and was projected to reach multi-millions of USD by 2033. And there are reasons we’re seeing such a rapid rise in demand: Next-generation RMSs.

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Hospitality Net

AUGUST 28, 2024

Back in the day as a revenue manager, I’ve spent years immersed in data, strategies, and market trends. Yet, one of the most impactful lessons I’ve encountered recently didn’t come from a spreadsheet or a strategy session. It came from a family trip to Milan and an unexpected reminder of the power of persistence.

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Hospitality Net

APRIL 9, 2024

In today’s competitive hospitality landscape, hotels are facing increasing pressure to optimize their revenue streams and stay ahead of industry shifts.

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Hotel Business

AUGUST 20, 2024

Revenue management consultancy firm ELEVAT3 has launched a new sales & marketing division to provide tailored branding solutions for hoteliers, naming industry veteran Beth Barris as EVP, sales & marketing to lead the new offering.

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SiteMinder

SEPTEMBER 17, 2024

Unlike revenue management systems that have traditionally been accessible to a limited number of hotels, the dual capability within Dynamic Revenue Plus means any hotel can, for the first time, use one, mobile-first system to optimise their revenue based on market demand.

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SiteMinder

JUNE 6, 2024

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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Hospitality Net

MAY 24, 2024

The Hospitality Sales & Marketing Association International (HSMAI) Foundation has released a special report, “From Solos to Symphony. Noone, Associate Professor at The Pennsylvania State University, and Chris Boyd, Revenue Management Specialist at Hilton. The report is authored by Breffni M.

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Hospitality Net

JULY 14, 2023

We launched an Artificial Intelligence (AI) consultant, powered by OpenAI’s state-of-the-art ChatGPT-4, extensively trained on business subjects, including economics, revenue management, customer psychology, marketing, tech, data, and analytics.

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