Loading...

Trends

Embracing Revenue Management Technologies in 2024: A Guide for Progressive Hoteliers

2024-01-28T17:37:12+01:00

As we navigate through 2024, the hospitality sector is undergoing a transformative phase, heavily influenced by the integration of cutting-edge technologies and innovative strategies. These changes are pivotal in not only enhancing guest experiences but also in driving revenue maximization. One noteworthy trend is the increasing adoption of revenue management technologies in the hotel industry, a movement gaining momentum in

Embracing Revenue Management Technologies in 2024: A Guide for Progressive Hoteliers2024-01-28T17:37:12+01:00

The Development of Revenue Management in the Hospitality Industry

2023-11-21T16:34:20+01:00

In recent years, the hospitality industry has navigated unique challenges. As we forge ahead into 2023 and 2024, the landscape of revenue management within this sector is undergoing transformative changes. These changes, crucial for adapting to new market conditions, enhancing efficiency, and aligning with customer preferences, notably accelerate technological integration. Revenue Management Trends in the Hospitality Industry This article delves

The Development of Revenue Management in the Hospitality Industry2023-11-21T16:34:20+01:00

Benefits of Hyper-Personalisation in Revenue Management

2023-12-06T10:52:31+01:00

Question for Our Revenue Management Expert Panel: What are the benefits of hyper-personalisation in revenue management? What do hotels need to do in order to achieve hyper-personalisation, and are their efforts worth it? (Question by Nikolas Hall)   Our Revenue Management Expert Panel Tanya Hadwick - Group Revenue & Yield Leader, SunSwept Resorts

Benefits of Hyper-Personalisation in Revenue Management2023-12-06T10:52:31+01:00

Exploring Hotel Revenue Trends for 2024: Insights & Real-World Examples

2023-12-06T11:00:49+01:00

The year 2023 has brought about significant changes in the hotel industry, with revenue management practices and trends evolving rapidly. As these trends continue to take shape, their impact will undoubtedly shape strategies and operations well into 2024. This article provides valuable insights into the key factors influencing the financial landscape of the hotel industry, offering practical examples from hotels

Exploring Hotel Revenue Trends for 2024: Insights & Real-World Examples2023-12-06T11:00:49+01:00

Forward-Looking Data to Understand Guest Behavior and Upcoming Trends

2023-12-06T11:15:38+01:00

Question for Our Revenue Management Expert Panel: What Forward-Looking Data Should Hotels Use to Understand Guest Behavior and Upcoming Trends? Our Revenue Management Expert Panel Nikolas Hall - Principal Owner, N. Hall Consulting Chaya Kowal- Cluster Director Of Revenue Management, Potato Head Family Damiano Zennaro - Founder, DZ Consulting Heiko Rieder - Vice

Forward-Looking Data to Understand Guest Behavior and Upcoming Trends2023-12-06T11:15:38+01:00

7 Business Trip Trends For Hotels to Maximize Profit

2023-12-24T15:04:30+01:00

Business travel is booming, with more and more people making at least one business trip every year. Is your hotel ready to take full advantage of the latest business trip trends? In this article, you'll learn about the seven top trends in business travel. Read on to discover trends like bleisure travel, hybrid accommodation spaces, and more. Table of Contents:

7 Business Trip Trends For Hotels to Maximize Profit2023-12-24T15:04:30+01:00

Where is the Data? How Hotels are Changing Targets for Data Collection

2023-12-06T13:36:23+01:00

Data is the blood life – or oxygen – for businesses, but only if one knows how to make sense of it. The sheer volume and scale of data available to hoteliers today are immense, and operators are finding new ways of turning the overwhelming deluge of information from a curse into a blessing. The process involves rethinking their data

Where is the Data? How Hotels are Changing Targets for Data Collection2023-12-06T13:36:23+01:00

What Revenue Management Trends and Strategies will we see in 2023?

2023-12-06T13:37:22+01:00

Question for Our Revenue Management Expert Panel: What are your predictions for the revenue management trends and strategies we can expect to see in 2023? Our Revenue Management Expert Panel Chaya Kowal - Director of Revenue Management, Potato Head Family Dermot Herlihy - Owner, Dynamic Hospitality Consulting Ricardo Sereno - Revenue Manager, Altis

What Revenue Management Trends and Strategies will we see in 2023?2023-12-06T13:37:22+01:00

Moving Ahead Towards The Light: The Hospitality Industry’s New Trials and Possibilities

2023-12-06T13:38:33+01:00

There's no doubt that 2022 brought terrific developments for the hospitality industry. Most countries reopened their borders and did away with travel restrictions, and demand matched or even exceeded 2019 levels. However, it's not smooth sailing all around. Our sector faced many ongoing challenges due to the pandemic, and some new issues cropped up, too. What could have been the

Moving Ahead Towards The Light: The Hospitality Industry’s New Trials and Possibilities2023-12-06T13:38:33+01:00

Revenue Management Trends: Latest Developments of 2024

2024-01-26T20:31:18+01:00

Revenue Management Trends Revenue Management trends refer to the evolving strategies and technologies used in optimizing income and profit in various industries, especially hospitality. These trends are critical as they involve adapting to market changes, utilizing data analytics for informed decision-making, and embracing digital transformation. They enable businesses to forecast demand, set dynamic pricing, and manage inventory efficiently. Staying current

Revenue Management Trends: Latest Developments of 20242024-01-26T20:31:18+01:00

Role of a Revenue Manager is Shifting Thanks to Automation

2023-12-06T15:09:26+01:00

Like much of our world today, the hospitality industry is constantly changing and evolving beyond what revenue managers and leaders of the past could have imagined. During unprecedented change, automation and new technology have become essential to successfully navigating the post-COVID hospitality landscape. Revenue Managers Becoming Strategists But with any change, comes reservation and distrust. As the industry continues to

Role of a Revenue Manager is Shifting Thanks to Automation2023-12-06T15:09:26+01:00

Discover Why These Hotels Enjoy a 15%-40% Higher Revenue Than 2019!

2023-12-06T15:09:45+01:00

When you review your hotel's mid-year numbers, what do you see? Are your occupancy rates up? Is revenue up? Is your hotel enjoying a revenue boost from 2019? A sample of over 400 revenue-managed hotels found they're on track to close 2022 with a 15%-40% revenue boost from 2019. A Decrease in RevPar for European Hotels A review of May

Discover Why These Hotels Enjoy a 15%-40% Higher Revenue Than 2019!2023-12-06T15:09:45+01:00

An Analyze of How Hoteliers Handled Revenue Management During the Pandemic

2023-12-06T16:05:16+01:00

Using past data to predict future revenue during a pandemic might seem counterintuitive to many hoteliers. After all, hotel revenue management is always a complex science. How can you predict anything during a pandemic? In this article, you’ll learn how fellow hoteliers dealt with the Corona pandemic. Three Different Paths During the Pandemic As a hotelier, you’ve faced an unusual

An Analyze of How Hoteliers Handled Revenue Management During the Pandemic2023-12-06T16:05:16+01:00

What Hotel Revenue Management Innovations & Trends Can We Expect in 2022?

2023-12-06T16:07:14+01:00

Question for Our Revenue Management Expert Panel: What are the top innovations and trends in hotel revenue management that we can expect to see in 2022? Our Revenue Management Expert Panel Nikhil Roy - Revenue & Pricing Manager, Key Hospitality B.V. Paulo Aragao - Revenue Management Professional Sandra Gannon - Commercial Consultant, Revenue

What Hotel Revenue Management Innovations & Trends Can We Expect in 2022?2023-12-06T16:07:14+01:00

Revenue Management After COVID-19 – “Innovating Through Uncertainty”

2023-12-21T14:39:31+01:00

Never before has a single event affected the global economy to the extent that the ongoing COVID-19 pandemic has. Revenue managers, owners, and operators have been thrown into disarray within the hotel industry, and all are facing a less predictable future. In this article, you will learn more about revenue management strategies' role in the post-COVID economy and some of the

Revenue Management After COVID-19 – “Innovating Through Uncertainty”2023-12-21T14:39:31+01:00

Are Flexible Revenue Management Conditions Due to COVID Here to Stay?

2023-12-06T16:26:29+01:00

Question for Our Revenue Management Expert Panel: Are the recent booking condition changes (e.g. increased flexibility around cancellation policies, check-in and check-out) a temporary solution or a more permanent change for the hospitality industry? Our Revenue Management Expert Panel Christoph Hütter - Revenue Strategy Consultant, Christoph Hütter Revenue Management Patrick Wimble - Managing

Are Flexible Revenue Management Conditions Due to COVID Here to Stay?2023-12-06T16:26:29+01:00

How Can Hoteliers Adjust Their Revenue Strategy Due to COVID Restrictions?

2023-12-06T16:30:25+01:00

Question for Our Revenue Management Expert Panel: Amid changing travel guidelines and restrictions, flexibility has become essential for travellers. How are you addressing this? How has your revenue management strategy adapted to meet those needs? Our Revenue Management Expert Panel Pablo Torres - Hotel Consultant, TSA Solutions Dian Tristyanti - Revenue Management Professional

How Can Hoteliers Adjust Their Revenue Strategy Due to COVID Restrictions?2023-12-06T16:30:25+01:00

Revenue Management in 2021 – Basing Every Decision On Data

2023-12-06T16:43:23+01:00

In 2020, revenue managers were forced to make a massive shift. Instead of leaning on in-house on-the-books (OTB) data, historical and compset information, you now need to focus on much broader data sets. But collecting and evaluating more data takes your team more time. In this article, you'll learn how hotels can use data for a successful post-covid recovery strategy.

Revenue Management in 2021 – Basing Every Decision On Data2023-12-06T16:43:23+01:00
Revfine.com uses functional and analytical cookies. Click here for our privacy policy. Ok
Go to Top