The Asian hotel sector is rapidly evolving. As the regional business and leisure travel market grows, so does the level of competition from global hotel chains expanding their presence into…
Hotel revenue managers should embrace AI technologies to progress non-critical, repetitive tasks and to help free their time to concentrate on areas where they can add more value to their hotel.
HOTECH 2020 attracted over 300 hotel executives from Hong Kong and across Asia to discuss the outlook for the regional hotel sector and the role of technology in sales, marketing and revenue disciplines
Revenue Managers are now confronted with different commission costs, an increasing number of channels, different set-up, kick-back and net rate agreements, which requires them to be ahead of the distribution landscape to make strategy adjustments with a potential enormous bottom-line impact.
Launching in the UK, Climber Hotel intends to continue democratising hotel Revenue Management Solutions to small hotel chains and independent hotels.
Hotels should have a single-minded revenue generation team consisting of RM, S&M and CRM specialists working together to acquire, engage, and retain guests; optimize performance; and increase revenues - especially direct bookings.
Frasers Hospitality, a member of Frasers Property Group, is collaborating with Duetto to design new features within an app that will yield room rates on long stays.