Skift Take

Hoteliers are under pressure to deliver high profit margins, but are saddled with bulky legacy revenue systems. While transforming all operations might appear daunting, having the right technology strategy is crucial to driving profits.

We’re publishing a new Skift Strategy Guide in partnership with IDeaS Revenue Solutions: Rethinking Revenue Strategy: A Hotelier’s Guide to Thriving in an Era of Disruption, that provides actionable takeaways on how hotels can digitize their revenue operations.

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The hospitality industry recognizes the need to adopt advanced technological solutions to transform how they approach revenue management and break down data, strategy, and departmental silos within a hotel to deliver on revenue goals.

“Hotels must create holistic revenue strategies with robust integrations that ensure data integrity and precise, automated decision-making to thrive in this era of digital disruption,” said Sanjay Nagalia, COO, IDeaS Revenue Solutions.

This strategy deck provides insights into why hospitality brands must transform how they approach revenue management, the specific capabilities they need to succeed, and how they can actually go about developing these capabilities.

In this deck, you will find:

  • An overview of revenue management challenges for hospitality brands
  • Actionable takeaways on how to overcome these challenges
  • A five-step guide to thriving in today’s rapidly evolving travel ecosystem
  • A list of capabilities that every hotel revenue management team needs
  • Success stories from hotel revenue managers around the world

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This content was created collaboratively by IDeaS Revenue Solutions and Skift’s branded content studio, SkiftX.

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Tags: digital transformation, hospitality, hotel operations, hotels, IDeaS, IDeaS Revenue Solutions, revenue management, travel tech