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.
Climber Hotel strategies announces expansion into UK market
Launching in the UK, Climber Hotel intends to continue democratising hotel Revenue Management Solutions to small hotel chains and independent hotels.
How to create an integrated revenue generation team
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 develops first-of-its-kind revenue management capabilities for long stays
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.
Personalised pricing: Right data instead of big data
The best way to take the focus off the price discussion is automatic pricing.
You must know what youÕve got -Êto sell it at the right price, and deliver a great guest experience
Valuable assets for a hotel to leverage a successful revenue management.
The OTA distraction Ð pushing rather than pulling
How much of the increased RevPAR in the last 10 years is due to the OTA effect? And what effect has that had on hotel profits, that left to our own devices, would not have materialized without the OTAs?
How to achieve success with next-generation hotel revenue management
Different revenue management approaches, technologies and resources can yield dramatically different results. Here are seven recommendations to keep in mind when it comes time to upgrade your revenue management capabilities.
5 revenue management questions independent hoteliers should ask
Machine-learning innovations paired with high mobility, prescriptive analytics and transparent business intelligence enable independent hoteliers to unlock new profits.
A global perspective on revenue management
Global is a big word and now that we have your attention I want to define global in a hotel setting. Global refers to all sources of revenue and their corresponding profit picture.
