Articles tagged “revenue management”

Amateurs cut rates to fill hotel rooms. Pros take more sophisticated approaches, such as coordinating to stimulate demand from the most profitable customers.

The short-term goal of the deals is to win more work from hotel management companies. The long-term goal is to sell the combined portfolio. We look at the merits of Accel-KKR-owned Cendyn's acquisition of Rainmaker. We also look at potential acquisition targets.

Machine learning is revolutionizing the travel industry, where it has the potential to transform company activity related to marketing, customer service, e-commerce, and much more. In our recent webinar, we discuss how industry executives can make use of this powerful new tool.

The large majority of hotels still rely on Excel spreadsheets, trial and error, and gut feeling when setting prices. In an increasingly complicated distribution landscape, many will start looking at revenue management tech to improve performance.

Revenue management systems play an important role in automating pricing, but hotels should not see these as a one-stop solution to all their problems. There are bigger strategic questions that need answering.

Hoteliers are under pressure to deliver high profit margins, but are saddled with bulky legacy revenue systems. While transforming all operations might appear daunting, having the right technology strategy is crucial to driving profits.

An overview of revenue management challenges for hospitality brands Actionable takeaways on how to overcome these challenges A five-step guide to thriving in today’s rapidly evolving travel ecosystem A list…

Travel hackers have long known about the risks and rewards of throwaway ticketing. But one enterprising entrepreneur is trying to bring the method to the masses. Airlines are not happy.

Are you seeing more discounts in advance from Alaska Airlines? Maybe you're seeing fewer cheap seats in advance from United? This isn't a fluke. Both airlines have made changes to revenue strategies in recent months.

Hotels are hiring companies to clamp down on online travel sites displaying cheap rates against their wishes. One of those startups, Fornova, has just bought smaller rival HotelsBI to broaden its rate-detection service. The deal is partly justified by the increasing tech spending on a cat-and-mouse-game between hoteliers and providers of rogue rates.