Articles tagged “revenue strategy”

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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.

3 weeks 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.

6 months ago

Technology for Hotel Revenue Management Set to Boom: New Skift Research

Technology for Hotel Revenue Management Set to Boom: New Skift Research

Wouter Geerts, Skift Research

The large majority of hotels still rely on Excel spreadsheets, trial and error, and gut feeling when setting prices. In an increasingly complicated distribution landscape, many will start looking at revenue management tech to improve performance.

1 year ago

Why Hotel Revenue Management Needs to Be a Priority: New Skift Research

Why Hotel Revenue Management Needs to Be a Priority: New Skift Research

Wouter Geerts, Skift Research

Revenue management systems play an important role in automating pricing, but hotels should not see these as a one-stop solution to all their problems. There are bigger strategic questions that need answering.

1 year ago