OYO Hotels & Homes announced that it has acquired Danamica, a data science company, with machine learning and business intelligence capabilities, specialized in dynamic pricing.
Understanding how analytics can drive your hotel’s revenue performance
Analytics can drive a hotel’s revenue performance, but too often important information can be lost as a result of the grouping process used by many RMs.
Setting a good price strategy without losing your mind
Setting the right price to sell your hotel rooms is like a never-ending roller-coaster, but there are new techniques to set the best price without endangering the image of your hotel or your ranking on the OTA market.
The changed paradigm of yield in revenue management
While yield is a concept which has been central in revenue management for decades, what it covered and focused on has dramatically changed over the years.
Learn New Ways to Increase Hotel Profitability at Revenue Strategy Forum Hong Kong
The leading minds in hotel Revenue Strategy will convene 22 September for the annual Revenue Strategy Forum in Hong Kong to discuss ways hotels can optimize their pricing and distribution in all market environments.
Three key business, technology and hotel marketing trends set to impact the industry
Hotel metrics like occupancy levels, RevPar and ADR values are lining up to break previous records and the forecast for the year is healthy. Three key business, technology and hotel marketing trends set to impact the industry.
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.
How to attract high-yielding ADR guests
A successful distribution strategy needs to take two things into consideration: high visibility and high yield. So, what should hotels look for in a distribution partner?