Hospitality Net

SEPTEMBER 4, 2024

If you’re dating a revenue manager, you know they love efficiency, data, and getting the most value out of everything. Today, we’re mixing business with pleasure—literally. So why not plan a date that satisfies their inner strategist while still being tons of fun?

Revenue Management 278

Revenue Management Revenue Management Business 278

Hospitality Net

FEBRUARY 8, 2024

Despite signs of recovery in 2023, the hospitality sector’s 2024 outlook is unpredictable. Deloitte’s Hospitality Industry Outlook 2023 identified the hospitality sector’s key challenges for 2024 as a drop in consumer confidence, continuing labor shortages, and the inability of hotels to raise prices despite escalating costs.

Revenue Management 198

Revenue Management Revenue Management Hospitality 198

Hospitality Net

JULY 10, 2024

Dating a revenue manager is a unique experience that comes with its own set of challenges and rewards, much like optimizing a hotel’s pricing strategy.

Revenue Management 264

Revenue Management Revenue Management 264

Hospitality Net

MAY 31, 2023

IDeaS, a SAS company, the world’s leading provider of hospitality revenue management software and services, has been selected as the preferred RMS provider to Park Plaza Hotels Europe (PPHE Hotel Group) in Europe.

Revenue Management 246

Revenue Management Revenue Management Hotels 246

Hospitality Net

APRIL 4, 2024

Intellisoftware Pty Ltd, a leading Australian start-up in the Artificial Intelligence (AI) space has today unveiled a new wide-ranging strategic partnership with the Australian Revenue Management Association (ARMA) - a peak industry body active in the hospitality and tourism sectors focused on elevating the standards of revenue and yield management (..)

Revenue Management 258

Revenue Management Yield Management Revenue Management 258

Hospitality Net

SEPTEMBER 6, 2023

IDeaS, a SAS, company, the world’s leading provider of hotel revenue management software and services, released a special report in line with industry budget season.

Revenue Management 244

Revenue Management Revenue Management Hotels 244

Hospitality Net

NOVEMBER 26, 2024

Today’s hospitality revenue managers are navigating an increasingly complex environment, one shaped by shifting consumer preferences, regional nuances, and mounting competition from short-term rentals. where revenue per available room (RevPAR) growth in 2024 is projected to be just 1.2 percent.

Revenue Management 189

Revenue Management Revenue Management Hospitality 189

Hospitality Net

MAY 28, 2024

For some hoteliers, a Revenue Management System (RMS) seems like the ticket to higher occupancy and room rates. 1) Rule-based RMS: this type can be used by anyone without experience in revenue management as it trivializes the discipline, so this one doesn’t r. Get the software, input some data and away you go.

Revenue Management 244

Revenue Management Revenue Management Cancellation 244

Hospitality Net

OCTOBER 9, 2023

EHL Graduate School in Lausanne is excited to announce an exclusive course titled "Achieving Profitable Growth in Hospitality with Revenue Management Strategy" scheduled for Monday, November 13, 2023.

Revenue Management 235

Revenue Management Revenue Management Business 235

Hospitality Net

JUNE 1, 2023

As a large majority of hotels have adopted some sort of dynamic pricing for their rooms, the next evolution of revenue management is moving beyond rooms, and many leaders have adopted total revenue management strategies for a more holistic approach.

Revenue Management 246

Revenue Management Revenue Management Hotels 246

Hospitality Net

JUNE 6, 2024

Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. What drives more value to the business, ADR, average daily rate, or occupancy?

Revenue Management 246

Revenue Management Average Daily Rate Occupancy Revenue 246

Hospitality Net

AUGUST 24, 2023

In the ever-evolving hospitality industry, revenue management plays a crucial role in maximizing profitability and ensuring sustainable growth for hotels.

Revenue Management 246

Revenue Management Revenue Management Market Share 246

Hospitality Net

OCTOBER 16, 2023

Revenue management has a bad reputation in some ways because it focuses on room rates. A new hotel to some is just another place some travelers cannot afford to stay.

Revenue Management 240

Revenue Management Revenue Management Travel 240

Hospitality Net

MAY 24, 2023

Cogwheel Marketing’s CEO, Stephanie Smith, and Loren Gray, Founder of Hospitality Digital Marketing, discuss the innovations in revenue management in August 2022.

Revenue Management 189

Revenue Management Revenue Marketing Market 189

Hospitality Net

OCTOBER 26, 2023

Brittain Resorts & Hotels (BRH), a leading full-service hospitality management company, has adopted SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, as part of its newly-announced business intelligence technology matrix.

Revenue Management 245

Revenue Management Revenue Resorts Management 245

Hospitality Net

AUGUST 17, 2023

RMS Cloud, a leading provider of cloud-based property management systems, and Atomize, an innovative revenue management platform, are thrilled to announce their strategic integration, ushering in a new era of hotel revenue management.

Revenue Management 243

Revenue Management Revenue Management Hotels 243

Hospitality Net

SEPTEMBER 12, 2024

IDeaS Revenue Solutions, the world’s leading provider of advanced revenue management software (RMS) and services, announced that it is expanding its industry-leading suite of revenue management solutions to the cruise industry through a partnership with Virgin Voyages.

Revenue Management 243

Revenue Management Revenue Management Services 243

Hospitality Net

APRIL 26, 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.

Revenue Management 241

Revenue Management Revenue Management Hotels 241

Hospitality Net

AUGUST 15, 2024

Technology has undeniably brought a world of convenience to revenue management. The following is an excerpt taken from SiteMinder’s blog. And, as we look to the future, it will take on a greater and more central role as the practice undergoes a fundamental shift.

Revenue Management 244

Revenue Management Revenue Management 244

Hospitality Net

SEPTEMBER 17, 2024

SiteMinder, the world’s leading hotel distribution and revenue platform, is heralding a new era of revenue management for hotels with the unveiling of ‘Dynamic Revenue Plus’, the only solution for hotels to both access live market intelligence and take immediate action on their bookable inventory, pricing and distribution strategy.

Revenue Management 244

Revenue Management Revenue Management Marketing 244

Hospitality Net

JULY 5, 2023

Many hoteliers misunderstand revenue management. They think it’s all about lower prices when it’s actually about online visibility and brand reputation.

Revenue Management 240

Revenue Management Revenue Management Branding 240

Hospitality Net

JULY 22, 2024

They delved into the evolving landscape of revenue management, the shift to cloud-based solutions, and the transformative role of AI in the hospitality industry. At HITEC 2024, Simone Puorto interviewed Klaus Kohlmayr, Chief Evangelist and Development Officer at IDeaS.

Revenue Management 203

Revenue Management Revenue Management Hospitality 203

Hospitality Net

NOVEMBER 13, 2024

IDeaS, a SAS company, the world’s leading provider of hotel revenue management software and services, announced today its official recognition by HOTELS Magazine as the hospitality industry’s No.1 1 rated revenue management company.

Revenue Management 183

Revenue Management Revenue Management Hotels 183

Hospitality Net

SEPTEMBER 12, 2023

IDeaS, a SAS company, the world’s leading provider of hotel revenue management software and services, announced today that Summerstar Tourist Parks has adopted the IDeaS’ G3 Revenue Management System (RMS) across fourteen of its Australian-based caravan and holiday park sites.

Revenue Management 239

Revenue Management Revenue Management Services 239

Hospitality Net

AUGUST 21, 2023

You’ve probably noticed it, too – the increased trend towards clustering revenue management positions. Done right, it can help you manage costs, increase efficiency and boost revenue. But it comes with its own set of challenges which are mainly related to time constraints and access to high-quality, accurate data.

Revenue Management 240

Revenue Management Revenue Management 240

Hospitality Net

OCTOBER 16, 2024

Today we take it easy.because it is October and we just finished budgeting!!!!

Revenue Management 244

Revenue Management Revenue Management 244

Hotel Management

JULY 2, 2024

No need to obsess over RevPAR or lose sleep over ADR – there are much more important metrics out there for revenue managers. Revenue management is not a walk in the park. The latest guide by Mews, the industry-leading hospitality cloud, explores the new success metrics for revenue managers.

Revenue Management 130

Revenue Management Revenue Management Hospitality 130

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.

Revenue Management 189

Revenue Management Revenue Management Market Share 189

Hospitality Net

FEBRUARY 28, 2024

IDeaS, the leading provider of hospitality revenue optimization software and services, and Accor, a world leading hospitality group with one of the industry’s most diverse hospitality ecosystems encompassing more than 45 hotel brands from luxury to economy, have announced, following a rigorous selection process, that Accor has chosen IDeaS as its global (..)

Revenue Management 180

Revenue Management Revenue Management Services 180

Hospitality Net

SEPTEMBER 11, 2024

Steinhausen, Switzerland – September 10, 2024 – RoomPriceGenie, developer of an award-winning revenue management solution for hotels, is proud to announce the launch of the free, online Revenue Management Content Library, which gives independent hotels the tools necessary to boost bookings and maximise revenue.

Revenue Management 189

Revenue Management Revenue Management Hotels 189

Hospitality Net

MARCH 15, 2024

We know that reputation management is important, but how involved should revenue managers be in that process? I brought this topic to the leaders of the HSMAI Revenue Optimization Advisory Board to discuss our role in reputation management. Below are our top five takeaways.

Revenue Management 186

Revenue Management Revenue Management 186

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.

Revenue Management 245

Revenue Management Management Hospitality Revenue 245

Hospitality Net

APRIL 23, 2024

In 2023, The Club of Revenue Management by Radisson Hotel Group (“The Club”) achieved remarkable milestones, making it a year of unparalleled success.

Revenue Management 239

Revenue Management Revenue Services Sales 239

Hospitality Net

NOVEMBER 13, 2024

It is that time of the year. Easter bunny gone, snow around the corner before the big slightly chubby guy in red comes down the chimney to give us presents.

Revenue Management 237

Revenue Management Revenue Management 237

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.

Revenue Management 186

Revenue Management Revenue Management Forecasting 186

Hospitality Net

NOVEMBER 10, 2024

In the ever-evolving hospitality industry, the use of business intelligence is becoming increasingly important. Hoteliers are recognizing the immense value that data brings to their business, from understanding drivers of demand to developing effective revenue management strategies.

Business 257

Business Hospitality Revenue Management Revenue 257

Hotel Management

NOVEMBER 26, 2024

No need to obsess over RevPAR or lose sleep over ADR – there are much more important metrics out there for revenue managers. Revenue management is not a walk in the park. The latest guide by Mews, the industry-leading hospitality cloud, explores the new success metrics for revenue managers.

Revenue Management 130

Revenue Management Revenue Management Hospitality 130