As the practice of revenue management continues to evolve, industry professionals should increasingly look to use their RM systems and processes strategically and move away from tactical operations. Integrating data from the various systems and resources is an important first step.
Future revenue management trends: insight from IDeaS
The three biggest trends in revenue management are: multiple pricing approaches, revenue management beyond just guest rooms, and the increasing sophistication of analytics.
Serving up revenue management strategy in four courses
Here are the four main courses of revenue management and why they are so important to a hotel’s revenue strategy.
IDeaS and TravelClick Announce Partnership to help hoteliers make better business decisions
Recognizing the power of highly targeted data to help hoteliers make better business decisions, the partnership will focus on incorporating TravelClick’s Demand360 into IDeaS RMS.
