Remove Hospitality Remove Occupancy Remove Yield Management
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Benefits of Yield Management in the Hotel Industry

Inn Quest

Anyone who has worked in the hospitality industry for a few years would enthusiastically attest to the importance of yield management in hotels, particularly in hotel revenue management. Furthermore, we will provide examples of successful yield management strategies and offer tips on how to implement them in your hotel.

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Intellisoftware Join Forces with the Australian Revenue Management Association (ARMA) in Major Strategic Partnership 

Hotel Management

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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Is My Hotel Room Pricing Logical?

STAAH

50% Occupancy with One Group Booking Scenario: A 50-room hotel has sold 25 rooms to one group, reaching 50% occupancy. Beyond Occupancy: Factors Influencing Price Points Occupancy alone isn’t the only criterion for adjusting price points. Regardless, the key question remains: Is the price point logical?

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Innovative Techniques for Hotels to Optimize Room Rates, Occupancy, and Revenue

Horizon Hospitality

In the competitive world of hospitality, one of the most critical challenges of hotel professionals is balancing room rates with occupancy levels. This can help in adjusting prices and inventory to optimize both occupancy and revenue. Tailoring rates for different segments can optimize both occupancy and revenue.

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Occupancy vs ADR, the Never Ending Discussion in Revenue Management

Xotels

What drives more value to the business, ADR, average daily rate, or occupancy? I have been in hotel revenue management consulting since 2006, and it is a question that keeps coming back. Occupancy or ADR? So what is it, Occupancy or Average Room Rate (ARR)? How can I make more profit with my hotel?’

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Hotel Management Technology: The Future of Hospitality

Hotelogix

Whether you manage a boutique inn or a luxury resort, these innovations will redefine hospitality. Real-time insights : Smart systems provide instant data on everything from occupancy rates to energy consumption, allowing for quick, informed decision-making. It's like mind-reading, but for hospitality!

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The Impact of AI on the Hospitality Industry

Inn Quest

Are you curious about the latest trends and impact of AI in the hospitality industry? Artificial intelligence (AI) is seamlessly integrating into hospitality experiences, redefining our expectations – from chatbots providing instant customer support to predictive analytics optimizing hotel operations.