Articles tagged “revenue management”

Alaska Airlines Aims for Smarter Pricing During the Crisis With the Help of New Tech

Alaska Airlines Aims for Smarter Pricing During the Crisis With the Help of New Tech

Sean O'Neill, Skift

The pandemic has bewildered the airline software that pops out airfares based on historical data. But Alaska Airlines thinks new software will make it savvier.

1 month ago

Hotelogix Merges With 2 Hotel Tech Firms to Lead Rollup in India

Hotelogix Merges With 2 Hotel Tech Firms to Lead Rollup in India

Sean O'Neill, Skift

The merger of Hotelogix, a property management system, with AxisRooms, a provider of revenue management and distribution services, and RepUp, an online reputation management tool, is probably one of many mergers likely in hotel tech in response to the crisis.

2 months ago

Software Helping to Set Hotel Room Rates Put to the Test During the Pandemic

Software Helping to Set Hotel Room Rates Put to the Test During the Pandemic

Sean O'Neill, Skift

Hotels need to put aside their frustrations with software for forecasting and rate-setting. Revenue mangers will need all the help they can get to make sure they grab their fair share of the recovery in bookings.

3 months ago

Accelya to Buy Farelogix in Airline Tech Rollup

Accelya to Buy Farelogix in Airline Tech Rollup

Sean O'Neill, Skift

Vista, the investor behind this merger of airline tech vendors Accelya and Farelogix, is no private equity tourist. The firm has committed tens of billions to technology businesses, and it shows signs of having the wherewithal to grow Accelya into a long-term player in airline tech services.

4 months ago

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

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

IDeaS Revenue Solutions + Skift

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.

5 months ago

U.S. Airlines Selling Cheap Flights Far in Advance to Fill Coffers

U.S. Airlines Selling Cheap Flights Far in Advance to Fill Coffers

Brian Sumers, Skift

At first, U.S. airlines tried to keep prices steady for summer travel and beyond. But now that's going away. Most airlines are offering cheap fares on many routes through the end of their schedules.

7 months ago

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

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

Sean O'Neill, Skift

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.

7 months ago

Hotels Strive to Get Savvier About Forecasting Total Revenue

Hotels Strive to Get Savvier About Forecasting Total Revenue

Sean O'Neill, Skift

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.

8 months ago

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New Insights Deck: Decoding Intelligent Sales – The Key to Winning Group Business in 2020

New Insights Deck: Decoding Intelligent Sales – The Key to Winning Group Business in 2020

Cvent + Skift

Group business is crucial to a hotel’s revenue strategy. But growing group business is challenging and complex. In this insights deck, we examine how an intelligent sales strategy can help hotels make the most of the growth opportunities and win more meetings business in 2020.

10 months ago

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New Report: How Group Business Can Infuse Stability Into Hotel Revenue Management

New Report: How Group Business Can Infuse Stability Into Hotel Revenue Management

Cvent + Skift

In today’s uber-competitive group business space, technology can be a key differentiator. But to leverage the benefits that technology —and particularly data — provides, hotels must understand what capabilities and features they should acquire.

11 months ago

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How Small, Independent Hotels Are Using Tech to Be More Competitive

How Small, Independent Hotels Are Using Tech to Be More Competitive

Expedia Group Lodging Partner Services + Skift

Independent hotels struggle to keep up with larger hotels and chains when it comes to adopting the latest technology, thanks to high costs and complexity of implementation. However, they stand to benefit substantially if they adopt the right systems.

12 months ago

Budget Chain Oyo Can Be a Nightmare for U.S. Hotel Operators Despite Its Hype

Budget Chain Oyo Can Be a Nightmare for U.S. Hotel Operators Despite Its Hype

Dennis Schaal, Skift

Oyo has a hype machine to rival any brand. But beneath all of the disruption, some hotel owners complain its technology is unstable and lacks functionality, leaving them to clean up the mess. Growth for growth's sake may seem great for a unicorn-like valuation, but the hotel chain will need to grapple with flaws in its business model that can't keep pace.

1 year ago