In times like this dealing with a severe fallout in tourism due to fears of infection, the revenue leader’s response could be crucial on a few different levels. Here are some simple tips and reflections.
What makes Revenue Managers lose sleep?
Here are ways to address some of today’s most common issues facing revenue professionals.
Revenue Management as Demand Management
This white paper examines the challenges, changes and potential opportunities for growth.
Are direct bookings best?
We talk to Matthias Dybing, founder of Nuvho Hotels, on whether direct bookings really are best, why operational interconnection driven by Chief Commerical Officers are key, and why relationships are the backbone of everything hospitality.
Do you have this revenue-management bad habit?
Do you use a hotel revenue management system, only to override or ignore its recommendations? We talk to Fabian Bartnick, founder of Infinito, on how to optimise hotel revenue management systems through AI, on up-skilling revenue managers, and what’s needed to help you answer the fundamental question: “So what am I going to do now?”
Is your Revenue Management System revealing a true picture?
Different customer segments have different booking and staying patterns. Like a kaleidoscope, small recalibrations in their analysis can greatly influence key behaviours and bookings. What does your RMS system need to keep pace with accurate forecasts?
Why daily market share benchmarking is vital to your hotel’s success
The use of benchmarking data is an indispensable tool to daily adjust revenue management strategy to reach the full potential of a hotel’s performance. An analysis based solely on internal data cannot deliver the same achievements.
3 trends revenue managers need to know
The demand for talented resources in hotel revenue management and experts who can apply data analytics to predict consumer behavior and optimize hospitality business is increasing fast.
[Video Insight] Sabre’s The Power of One with Frank Trampert
eHotelier talks with Frank Trampert, Managing Director & Chief Commercial Officer – Sabre Hospitality Asia Pacific, about their innovative SynXis platform and how this product maximises revenue and optimises distribution strategy.
Out now: Revenue Management 2020 – eHotelier Industry Journal
Take a deep dive into the science and art of revenue management with the latest edition of the eHotelier Industry Journal: Revenue Management 2020.
