Catala Consulting

JANUARY 18, 2024

This article explores the top trends in hotel revenue management, yield management, and revenue management in the UK, offering insights and strategies for hotel professionals. Dynamic Pricing: The Heartbeat of Yield Management Dynamic pricing remains at the forefront of yield management strategies.

Revenue Management 52

Revenue Management Revenue Management Market 52

Xotels

APRIL 3, 2024

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Article Summary: What is the Definition of Revenue Management? Why is Revenue Management Important to Hotels & Other Industries?

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Cloudbeds

FEBRUARY 28, 2024

When travelers book on your website, you can upsell them to premium rooms and cross-sell onsite services and add-ons like breakfast, dining, spa, and recreation. With its recent merger with Pegasus, Cendyn now offers a flexible, scalable reservation system with intelligent rate and inventory management tools. Generate more revenue.

Revenue Management 98

Revenue Management Hotels Revenue Operations 98

Catala Consulting

JULY 30, 2023

Resort revenue management has become an indispensable tool for businesses, fostering strategies that maximize yield and build strong customer relationships. The Cornerstones of Resort Revenue Management Resort revenue management , interchangeably used with yield management, revolves around a strategic pricing approach.

Revenue Management 52

Revenue Management Revenue Resorts Management 52

Inn Quest

JUNE 8, 2023

Upselling using Personalized Recommendations: Using machine learning techniques, AI algorithms analyze guest data collected from hotel management system s. Through this method, AI can identify upselling opportunities by leveraging guest preferences and historical data.

Hospitality 54

Hospitality Services Upsell Operations 54

SiteMinder

DECEMBER 20, 2023

While it is capable of generating predictive analysis, such as yield management reports that forecast demand and guide rate adjustments, some users say that these reports don’t convert well to Excel. The ThinkReservation reporting suite is limited , showing only simple accounting and reservation statistics.

OTA 59

OTA Management Yield Management Business 59

Hotelogix

JANUARY 29, 2025

Upselling on steroids : Intelligent systems identify opportunities to offer personalized upgrades and services, increasing average guest spend. Personalized recommendations and upselling opportunities AI-driven suggestions : This feature offers tailored recommendations based on guest preferences.

Management 58

Management Hospitality Hotels Services 58

Xotels

APRIL 3, 2024

It involves employing upselling and cross-selling techniques , which include personalised recommendations, strategic pricing, and seamless integration into the guest experience. Besides enhancing profitability, it holds the opportunity to create a better guest overall experience due to the increased services/products provided.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Cloudbeds

JULY 15, 2023

And even then, manually-managed distribution is risky: any delays in updating rates and availability on a channel’s extranet could mean selling a room that isn’t available or selling at a lower rate, which can lead to overbooking and sub-optimal yield management.

Management 76

Management OTA Cancellation Overbooking 76

Xotels

APRIL 3, 2024

It involves employing upselling and cross-selling techniques , which include personalised recommendations, strategic pricing, and seamless integration into the guest experience. Besides enhancing profitability, it holds the opportunity to create a better guest overall experience due to the increased services/products provided.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40