Articles tagged “revenue management”

Sponsored
How Meeting and Event Planners Can Master Smart Revenue Management

How Meeting and Event Planners Can Master Smart Revenue Management

IDeaS Revenue Solutions + Skift

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.

3 months ago

Why Hotels Envy Airlines When It Comes to Managing Revenue

Why Hotels Envy Airlines When It Comes to Managing Revenue

Sean O'Neill, Skift

The revenue management industry picked an odd time to have an identity crisis, given the opportunity for additional profit that new rate-setting and distribution software could bring.

5 months ago

Sponsored
New Skift Report: A New Formula for Airline Success

New Skift Report: A New Formula for Airline Success

Amadeus Airlines + Skift

In our newest report, we investigate the potential of customized offer creation to transform the airline industry’s approach to marketing and revenue management.

7 months ago

Duetto Raises $80 Million to Give Hotel Booking an E-Commerce Makeover

Duetto Raises $80 Million to Give Hotel Booking an E-Commerce Makeover

Andrew Sheivachman, Skift

Duetto has raised more money to ramp up its operations and continue to develop its hotel revenue management platform. The space is crowded, but powerful software-as-a-service tools are needed desperately by hotel revenue managers.

11 months ago

Sponsored
Why Airlines Need to Let Their Pricing Strategies Tell Their Story

Why Airlines Need to Let Their Pricing Strategies Tell Their Story

Sabre Airline Solutions + Skift

By taking a more scientific and strategic approach to pricing, airlines have the opportunity to drive customer satisfaction and stand out in a crowded marketplace.

1 year ago

Are Hotel-Fee Initiatives Inspired by What the Airlines Have Accomplished?

Are Hotel-Fee Initiatives Inspired by What the Airlines Have Accomplished?

Deanna Ting, Skift

In some ways, perhaps … but one big difference between hotels and airlines is that hotels want their consumers to actually like (maybe even love) them. While with airlines, that might be a different story as some recent events would demonstrate (we're looking at you, United).

1 year ago

Trivago Joins Rivals in Offering Hotels a Rate-Shopping Tool

Trivago Joins Rivals in Offering Hotels a Rate-Shopping Tool

Sean O'Neill, Skift

Trivago is bold to take on the giants Booking.com and Expedia Inc. by debuting hotel data services, too. But its rate-shopping tool is better designed and possibly more powerful than what its rivals offer. Game on.

1 year ago

Meetings Industry Is Getting Savvier About Setting Prices

Meetings Industry Is Getting Savvier About Setting Prices

Sean O'Neill, Skift

Better late than never. Sales teams for meetings and events are finally starting to use software to forecast demand and extract the most money possible.

2 years ago

Rainmaker Group Sells Division for $300 Million to Focus on Hotel Revenue Management

Rainmaker Group Sells Division for $300 Million to Focus on Hotel Revenue Management

Sean O'Neill, Skift

This move will allow The Rainmaker Group to concentrate on its core competency of demand management for hotels and casinos, an area where competition is heating up from rivals like Duetto, LodgIQ, IDeaS, and Revinate.

2 years ago

Hotel Revenue Managers Say They Want a Revolution

Hotel Revenue Managers Say They Want a Revolution

Sean O'Neill, Skift

Change has not come as fast as a 2010 survey had predicted. This study offers a few reasons why, but misses a big one: The industry is in desperate need of loud champions of new techniques and strategies.

2 years ago

J.P. Morgan’s Healthcare Conference Is a Case Study in Hotel Compression Nights

J.P. Morgan’s Healthcare Conference Is a Case Study in Hotel Compression Nights

Jared S. Hopkins, Robert Langreth, and Caroline Chen, Bloomberg

Those of us who work with the hotel industry shouldn't be surprised by this tale, which demonstrates the pricing power properties can have when major events come to town.

2 years ago

Sponsored
The Evolution of Airline Revenue Management

The Evolution of Airline Revenue Management

Sabre + Skift

Airlines need to incorporate a next-generation revenue management solution that goes above and beyond just the management of seat revenue. Success in today’s industry requires a solution that incorporates advanced technology that is robust and provides airlines with more accurate, real-time information in an easy-to-consume and interpret format.

2 years ago