The situation of revenue management in the hotel industry
According to the Revenue Management Report generated by Skift in 2019, only about 30% of all hotels use some sophisticated solution for Revenue Management. Assuming the market of 187K properties, this means all Revenue Management Systems in the world, since 40 years,...
Top Hotel Revenue Management Strategies to Boost Revenue
Successful hotel managers are constantly looking for ways to increase their revenue-generating potential. Data is now readily available to track and analyse market demand and identify market segments. Revenue management assistants do an excellent job of monitoring...
Tourism demand for Italian destinations in october: a winning hotel revenue management strategy based on forecasts
Data Forecasts for Italian Tourism in October 2022: Boost Your Revenue with a Winning Hotel Management Strategy As the leaves in Italy change from green to gold, tourists who venture abroad in autumn also change their colors. In October, Italian cities of art and...
How to spot the dates where your hotel can increase its rates
Spotting Hotel Room Rate Fluctuations Pricing is one of the most important factors any hotelier must consider when looking for ways to improve revenue. If a hotel doesn’t want to lose out to competitors, it must grow its reach and sustain its clientele....
