Articles tagged “revenue management”

Hotels

Life House CEO Resigns as Hotel Startup Faces Complaints

Reports suggest that Life House, the startup that Rami Zeidan founded in 2017, is facing a wave of complaints from the hotel owners who use its software and services. A new CEO could give the company a fresh start.

Life House CEO Resigns as Hotel Startup Faces Complaints
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Airlines

Sabre Launches AI-Powered Airline Retailing Solution to Boost Ancillary Revenue

Ancillaries are increasingly essential to the financial health and resilience of airlines. Sabre’s new Upgrade IQ product uses artificial intelligence (AI) and machine learning (ML) to optimize airlines’ premium cabin inventory and unlock incremental revenue.

Sabre Launches AI-Powered Airline Retailing Solution to Boost Ancillary Revenue

Hotels

Hotel Experts Say AI Will Make Room Pricing More Profitable

Most talk about generative AI is bombastic. Yes, today's tech has accuracy and security issues. But that will be resolved within a few years. The tech will then transform hotel revenue management.

Hotel Experts Say AI Will Make Room Pricing More Profitable

News Blog

Hotel Chart of the Week: Europe’s Rising Room Rates Are Tolerated by Many Travelers

How are hotels doing post-pandemic? It all depends on the market and the type of hotel. In the U.S., average hotel rates nationwide have barely recovered to 2019 levels after accounting for inflation, but individual markets like New York City are performing better than before, while other individual markets, like San Francisco, are doing worse.…

Travel Technology

These Innovators Are Bringing Trains and Buses Into the 21st Century

Travelers worldwide want to purchase and manage ground transport tickets digitally, same as they typically can for flights and hotels. The industry is finally starting to respond.

These Innovators Are Bringing Trains and Buses Into the 21st Century

Startups

Faye Raises $10 Million for Travel Insurance App: Startup Funding Roundup

Faye wants to make travel insurance more accessible, and more startups are raising money to digitize hotel operations.

Faye Raises $10 Million for Travel Insurance App: Startup Funding Roundup

Hotels

Full Video: Accor Deputy CEO at Skift Future of Lodging Forum 2023

Accor is focused on setting itself apart by offering more than just a place to stay. Jean-Jacques Morin, a top Accor executive, discussed that and more at the Skift Future of Lodging Forum.

Full Video: Accor Deputy CEO at Skift Future of Lodging Forum 2023

Hotels

Investors Rethink Hotel Sector’s Main Performance Metric

Every commentary on hotel performance refers to revenue per available room as a key industry metric — RevPAR. Yet non-room revenue from cafes, co-working, spas, and events is growing in importance. Hoteliers should focus more on overall earnings per square meter.

Investors Rethink Hotel Sector’s Main Performance Metric

News Blog

Business Travel Poses Biggest Challenge Globally for Hoteliers — Survey

Hotels have mixed feelings about business travel in 2023. On one hand the corporate travel and groups segment is the main area of focus for hotel revenue teams this year. But rather than staffing issues, business travel also represents their biggest challenge, according to a new Outlook & Trends 2023 Survey from revenue management software…

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Airlines

Skift Global Forum East Video: Putting Data-Driven Insights at the Core of Your Business Strategy

In this video from Skift Global Forum East 2022, we hear from Jens Munch, co-founder and CEO of Pace Revenue, on why it’s so hard for travel companies to make the right dynamic pricing decisions and how artificial intelligence can eliminate those problems.

Skift Global Forum East Video: Putting Data-Driven Insights at the Core of Your Business Strategy