Articles tagged “IDeaS Revenue Solutions”

Online Travel

This Tech Firm Is Using The Pandemic Pause to Help Hotels Be Smarter About Setting Room Rates

IDeaS, which makes software to help hotel owners set their room rates, boosted its financial performance in 2020 without layoffs. But this year brings unique market conditions for its hotel customers. So a lot depends on the launch of its new service, Optix.

This Tech Firm Is Using The Pandemic Pause to Help Hotels Be Smarter About Setting Room Rates
Free Read

Hotels

How Hospitality Revenue Managers Can Take a More Holistic Approach to Planning and Profitability

No matter the situation, hotel revenue managers need to figure out how to stack the right building blocks to forecast accurately, price with confidence, and maximize profitability. Taking small steps toward a more holistic approach to revenue planning and strategy is a smart — yet realistic — way to make this happen.

How Hospitality Revenue Managers Can Take a More Holistic Approach to Planning and Profitability

Coronavirus

How Should Hotels Set Room Rates Now and After the Coronavirus Crisis?

Granted, this crisis is unprecedented. Yet hotels worldwide can learn lessons from how hotels have faced regional shutdowns, such as in Asia-Pacific in recent months, in Las Vegas after the shooting rampage, and elsewhere after hurricanes and financial crises. Managing room rates and marketing offers is critical to making the most of a rebound in demand.

How Should Hotels Set Room Rates Now and After the Coronavirus Crisis?

Hotels

Hotels Strive to Get Savvier About Forecasting Total Revenue

Software may be eating the world, but in hotel tech it's still munching on the appetizers. Hotels have only begun to automate operational forecasts, such as how much revenue restaurants on a property may bring in or how much group business a hotel might steal from a crosstown rival.

Hotels Strive to Get Savvier About Forecasting Total Revenue
Free Read

Hotels

New Skift Strategy Deck: Rethinking Revenue Strategy — A Hotelier’s Guide to Thriving in an Era of Disruption

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.

New Skift Strategy Deck: Rethinking Revenue Strategy — A Hotelier’s Guide to Thriving in an Era of Disruption

Hotels

Hotels Are Discovering Back-of-House Uses for Voice Technology

If voice technology can do more than help facilitate guest requests for forgotten toothbrushes, there's a good chance it will be more than the latest hotel tech fad.

Hotels Are Discovering Back-of-House Uses for Voice Technology
Free Read

Meetings

How Meeting and Event Planners Can Master Smart Revenue Management

Until recently, the meeting and event industry was playing a game of catch-up when it came to revenue management. But thanks to new available industry-specific tools, developing a well-executed revenue management strategy is a lot more attainable than it once was.

How Meeting and Event Planners Can Master Smart Revenue Management