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.

Revenue Management 246

Revenue Management Revenue Management Operations 246

Hospitality Net

OCTOBER 23, 2024

Singapore, 24/October/2024: Hotelogix, a globally leading cloud-based hospitality technology provider, announced a groundbreaking partnership with ZUZU Hospitality, a leading provider of revenue management solutions.

Revenue Management 130

Revenue Management Revenue Operations Management 130

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

Lodging

AUGUST 8, 2024

Revenue management in the hotel industry has become a science over the last few years with pricing strategies that increasingly factor in supply/demand fluctuations and the development of automated revenue management systems (RMSs).

Revenue Management 162

Revenue Management Forecasting Revenue Management 162

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

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?

Market 289

Market Marketing Revenue Management Revenue 289

Hospitality Net

MAY 15, 2024

Parking is a critical source of revenue for airports. Yet, many operators continue to rely on a one-size-fits-all approach to parking rates, often ceding revenue opportunities to public transportation and ride-sharing services.

Revenue 260

Revenue Management Revenue Management Services 260

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.

Revenue Management 147

Revenue Management Revenue Management Sales 147

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.

Casinos 173

Casinos Revenue Management Revenue Management 173

Hospitality Net

NOVEMBER 11, 2024

Appart’City, France’s leading aparthotel operator, has partnered with IDeaS, a SAS company and world’s leading provider of hospitality revenue management software and services, to optimise revenue management decisions and automate related processes across its portfolio of 90 properties.

Revenue 246

Revenue Revenue Management Services Operations 246

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

Revenue Management 111

Revenue Management Revenue Management Hotels 111

Lodging

JUNE 24, 2024

DALLAS—DerbySoft, a leader in high-performance distribution services, announced a new partnership with IDeaS, a SAS company, the world’s leading provider of hospitality revenue management software and services, that strategically provides operational and revenue-enhancing benefits for hotels of all types.

Revenue Management 263

Revenue Management Forecasting Revenue Services 263

Hospitality Net

APRIL 23, 2024

Are you ready to whet your appetite for innovation and digest the latest strategies in F&B Revenue Management? This time, let’s season our discussion with a dash of strategic foresight and a pinch of operational excellence impacting F&B Revenue Management.

Revenue Management 100

Revenue Management Revenue Management Operations 100

Hotel Speak

FEBRUARY 28, 2024

China outbound travel is returning, technology is innovating at a rapid rate, and hoteliers have more opportunities to revenue manage beyond room rates. Therefore, in addition to watching costs, hotels need to re-evaluate their wholesale and tour operator contracts. As such, the focus must be on profitability.

Revenue Management 98

Revenue Management Revenue Management Operations 98

STAAH

APRIL 23, 2024

As technology continues to evolve, so do the strategies and innovations within revenue management. Let’s delve into some of the key trends shaping the future of revenue management in the hotel industry: 1.

Revenue Management 101

Revenue Management Revenue Ancillary Revenue Management 101

Hospitality Net

JULY 3, 2024

G3 RMS provides DerbySoft with scientific pricing, forecasting, and rate availability decisions at the room type and rate code level to drive optimal revenue performance across guest categories. Properties can benefit from this integration in many ways, including:

Revenue Management 246

Revenue Management Forecasting Revenue Services 246

Hotel Speak

FEBRUARY 1, 2024

The annual Duetto Revenue Management Trends & Predictions Survey results are in! There was also continued investment in technology, This year, we take a closer look at how that group business might be revenue optimized, as well as identify the channel management tactics hotels are planning to invest effort in for 2024.

Revenue Management 99

Revenue Management Revenue Management Forecasting 99

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?

Revenue Management 98

Revenue Management Revenue Management OTA 98

Hospitality Net

AUGUST 26, 2024

Hotel & Tourism Investment Forum – HTIF 2024, the most influential hospitality conference in Bulgaria and one of the most visited in Europe will cover a broad range of topics, including sustainable hospitality investments and operations, strategic management, digitalization, revenue management, and human resources.

Revenue Management 240

Revenue Management Tourism Revenue Operations 240

Lodging

MAY 28, 2024

The inaugural Extended Stay Hotel Forum, held last Tuesday at the Union League Club in Manhattan, New York City, focused on development, ownership, and operation in the vibrant extended-stay segment, which comprises more than 51 percent of hotels currently being financed.

Revenue Management 278

Revenue Management Construction Events Revenue 278

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 (..)

Revenue Management 246

Revenue Management Consumer Revenue Sales 246

Hospitality Net

JUNE 27, 2024

Adagio, the European leader of aparthotels, announced today the decision to deploy IDeaS G3 revenue management system across its portfolio of properties. This sophisticated, automated system has been specifically adapted to maximize revenue while meeting the operational priorities of medium- and long-stay hotel residences.

Revenue Management 100

Revenue Management Revenue Management Operations 100

eHotelier

JUNE 6, 2024

Here's an in-depth look at the benefits of revenue management for hotel leadership in non-revenue generating departments, including hotel owners/operators, hotel managers/GMs and front desk managers.

Revenue Management 75

Revenue Management Management Revenue Operations 75

eZee Absolute

DECEMBER 7, 2023

Revenue management (RM) is supremely necessary for hotels. I kid you not, most of the hotels refrain from opting for any sort of revenue management services. The hotel revenue management myths that are swirling around are the real reasons hotels are so skeptical about it. Who is to blame for it?

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

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’.

Revenue Management 98

Revenue Management Revenue Management Accommodation 98

STAAH

APRIL 2, 2024

Effective revenue management provides hoteliers with a clear roadmap for pricing and optimisation, while acting as a gauge to measure success. What is a Revenue Management Solution for Hotels? What is a Revenue Management Solution for Hotels? How Do They Work? How Do They Work?

Revenue Management 92

Revenue Management Revenue Management Hotels 92

Hospitality Net

AUGUST 17, 2023

Atomize has finalized the 2-way integration with the property management system RMS Cloud which means hotels using RMS Cloud can now sign up with Atomize revenue management software and enjoy the benefits of price automation to increase operational efficiency and improve revenues.

Revenue Management 240

Revenue Management Revenue Operations Management 240

Hospitality Net

MAY 5, 2023

Produced in partnership with Hotel Tech Report, this 2023 Buyer’s Guide assists hotel owners and operators through the research, selection and vetting process when identifying a new technology partner to improve their revenue management, pricing and distribution strategy.

Revenue Management 246

Revenue Management Revenue Operations Management 246

Hospitality Net

SEPTEMBER 25, 2024

ROH, the hospitality industry’s first payments and revenue management platform designed to help hotels increase profitability, today announced that Loews Miami Beach Hotel, an iconic hotel with an enviable oceanfront location, has selected ROH to streamline operations and empower its sales and finance team.

Revenue Management 245

Revenue Management Revenue Sales Operations 245

Skift Blog

JUNE 28, 2023

Skift Take: Turbulence hits Tata Group at a time when its airline has ambitious plans to modernize fleet, operational systems and revenue management, and has lined up a record order for 470 aircraft. Amrita Ghosh Read the Complete Story On Skift

Revenue Management 243

Revenue Management Revenue Operations Management 243

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Hospitality Net

JULY 3, 2023

Accurate measurement of performance indicators is essential for effective decision-making in restaurant operations, with revenue and yield management playing a crucial role. Kimes and Chase (1998), Kimes (1999) and Kimes et al. Kimes and Chase (1998), Kimes (1999) and Kimes et al.

Yield Management 177

Yield Management Revenue Management Revenue Management 177

Hospitality Net

JULY 25, 2024

ROH, the hospitality industry’s first payments and revenue management platform designed to help hotels increase profitability, today announced that over $100 million in booking value has run through the platform as hotel operators, owners and brands tap the integrated platform for better business outcomes.

Revenue Management 237

Revenue Management Revenue Sales Events 237

STAAH

APRIL 9, 2024

All employees are revenue management ambassadors for their organisations. Everyone contributes to the revenue success of a business in both direct and non-direct ways. Surprisingly, the value of operational excellence on commercial performance is often not talked about enough.

Revenue 105

Revenue Operations Revenue Management Upsell 105

Demand Calendar

MARCH 19, 2024

Full-service hotels have various revenue-generating opportunities, such as food and beverage operations, spa services, and event hosting. By neglecting these areas, hotels limit their potential for growth and profitability and fail to use the full scope of revenue management practices available to them.

Revenue Management 82

Revenue Management Revenue Management Events 82

Demand Calendar

DECEMBER 7, 2023

The shift to guest-centric revenue management presents challenges and opportunities, particularly for revenue managers who have long operated within the frameworks of traditional methodologies. It's about evolving from a numbers-focused viewpoint to one that deeply empathizes with and anticipates guest needs.

Revenue Management 85

Revenue Management Revenue Management Operations 85

Hospitality Net

AUGUST 5, 2024

Technology – like automated check-in kiosks, mobile room keys, AI-driven customer service chatbots, booking and ancillary revenue management software, and payment systems – saves us time, reduces costs, increases revenue, reduces stress, and streamlines operations in ways we couldn’t have imagined a couple of decades ago.

Ancillary Revenue 203

Ancillary Revenue Revenue Management Revenue Services 203