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The significance of considering competitive hotel rates in revenue management: An economic perspective

Hospitality Net

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

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Nicole Di Maio-Kennedy joins EOS Hospitality

Hotel Business

Hotel management company EOS Hospitality has appointed Nicole Di Maio-Kennedy as VP, revenue maximization. In this role, she will spearhead the company’s revenue management strategies, driving profitability and market share growth across EOS’ portfolio.

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SiteMinder’s expert content series: Revenue management edition with Markus Seemann

SiteMinder

In this edition we spoke to Markus Seemann, founder of 9seemeilen Hospitality, about all things hotel revenue management. Every hotel deserves professional revenue management. I believe that not only chain hotels should have access to revenue management but also all other hotels. Table of contents.

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Key appointments: Marriott, Hilton, Pro-invest and more

Hotel Management

Formerly Operations Excellence Manager since January 2023, Gorasia brings expertise from numerous senior finance and accounting positions within Mantra Group, Accor Hotels and Shangri-La, as well as leading the finance function at Sonic Healthcare.

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Oracle to bring OPERA Cloud to 2K Wyndham hotels

Hotel Business

That includes helping us deliver new innovations to hotels such as room upselling, integrated revenue management and mobile housekeeping management, among others, all on a global scale.” ” The post Oracle to bring OPERA Cloud to 2K Wyndham hotels appeared first on hotelbusiness.com. .

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Five predictions for 2023

Hotel Business

We expect it will continue to be a main driver in the market heading into 2023, particularly as demand for these accommodations soars and labor remains expensive and in short supply. In 2021, the segment outperformed all other chain scales, with occupancy running nearly 20 points higher than all other U.S. segments combined.

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How Google Hotel Ads is Penetrating the Hotel Distribution Vertical, and the Opportunity this Presents for Hotels

Xotels

Google is taking the hotel industry by storm to gain market share and grow their advertising revenues. We will take a look at how Google is penetrating the hotel distribution vertical with Google Hotel Ads, and what opportunities this gives in terms of hotel revenue management and marketing.