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Software

Revenue Management System (RMS): What Are the Advantages?

2024-01-25T15:09:45+01:00

Revenue Management System (RMS) A Revenue Management System (RMS) is a software solution hotels and other businesses use to optimize their financial performance. It analyzes data to forecast demand, adjust pricing strategies, and maximize revenue. RMS is important because it aids in making informed decisions, enhances efficiency, and responds dynamically to market changes, thus increasing profitability in a competitive landscape.

Revenue Management System (RMS): What Are the Advantages?2024-01-25T15:09:45+01:00

Tips for Choosing a Revenue Management System for Your Hotel

2023-12-20T16:45:49+01:00

Revenue management systems (RMS) are a new way of working for the vast majority of hotels – in fact, for most, this kind of software was not even an option before. But times are changing. Property management systems (PMS) are becoming more user-friendly, and such systems can help you simplify your life, save you time, and result in more revenue.

Tips for Choosing a Revenue Management System for Your Hotel2023-12-20T16:45:49+01:00

What Advice Would You Offer to Hotels Choosing Their Tech-Stack?

2023-12-20T16:46:12+01:00

Question for Our Revenue Management Expert Panel: What advice would you offer to hotels choosing their tech-stack? For example, best practices, features, potential pitfalls, and how to "future-proof". Our Revenue Management Expert Panel Dermot Herlihy - Commercial Director, DUKES LONDON Mariska van Heemskerk - Owner, Revenue Management Works Diego Fernández Pérez De Ponga -

What Advice Would You Offer to Hotels Choosing Their Tech-Stack?2023-12-20T16:46:12+01:00

What Would You Tell Hotel Personnel Choosing A Tech Stack?

2023-12-20T16:46:36+01:00

Question for Our Hotel Marketing Expert Panel What would you tell hotel personnel choosing a tech stack? Our Marketing Expert Panel Peter Ricci - Clinical Professor and Director of Hospitality & Tourism Management Program at Florida Atlantic University (FAU) Max Starkov - Adjunct Professor Hospitality Technology, New York University Kaylie Holley - Hospitality

What Would You Tell Hotel Personnel Choosing A Tech Stack?2023-12-20T16:46:36+01:00

Hotel Front Desk Software: What Is It, Main Features & Examples

2023-12-24T14:58:06+01:00

Hotel front desk software describes any software designed to assist with front office tasks. This includes several different types of software, including property management systems and point-of-sale systems. In this article, you can explore these software types in greater depth, learn about key features, and understand the key benefits. Table of Contents: How is the Hotel Industry Defined? What is

Hotel Front Desk Software: What Is It, Main Features & Examples2023-12-24T14:58:06+01:00

Hotel Automation: Benefits, Tools, and Trends

2023-12-24T15:02:49+01:00

You probably already use hotel automation to some degree. Most hotels use online booking, and most have adopted property management software. However, these are just the tip of the automation iceberg. In this article, you'll discover a range of tools and trends in hotel automation and learn how they can benefit your hotel. Table of Contents: What is Hotel Automation?

Hotel Automation: Benefits, Tools, and Trends2023-12-24T15:02:49+01:00

Mythbusters: Revenue Management Technology

2023-12-20T16:49:35+01:00

Do you run a smaller hotel or B&B that uses only manual processes to manage all your reservations, pricing, and inventory allocation? Have you avoided implementing technology to help support your internal operations because you worried that the solutions would cause more problems than they would solve? If so, then this article is for you! This article focuses specifically on

Mythbusters: Revenue Management Technology2023-12-20T16:49:35+01:00

5 Ways to Increase Revenue With a Hospitality CRM

2023-12-06T12:43:43+01:00

If there is something that people working in marketing in hospitality is talking about is the power of a CRM system. But why has it become so important? Today, the challenges of hotel marketing are increasing consistently. People demand more personalization, better reach, multi-channel approaches, etc. And if you are not meeting these requirements, the numbers will show it.  The Benefits

5 Ways to Increase Revenue With a Hospitality CRM2023-12-06T12:43:43+01:00

Hotel PMS: Customization and Automation

2023-12-21T14:49:27+01:00

A hotel PMS is a property management system designed for use within hotels and similar forms of accommodation. Such software offers several benefits, but two of the most significant are customization and automation. In this article, you can learn why these are valuable and how they can be used. Table of Contents: What is a Hotel PMS? Why is a

Hotel PMS: Customization and Automation2023-12-21T14:49:27+01:00

The Rise of Experience-Based Travel and How Hotels Can Prepare

2023-12-20T17:20:45+01:00

Traditionally, lodging properties spent much time and money implementing new amenities like fancy equipment or special devices to attract travelers. Many of these amenities were fads and ended up cluttering rooms or lying forgotten in storage. Since the pandemic, traveler priorities have shifted from one-off amenities to experience-driven travel. What Does This Mean for Lodging Operators? With this shift, hoteliers

The Rise of Experience-Based Travel and How Hotels Can Prepare2023-12-20T17:20:45+01:00

Which Matters Most for Winning Guests – Price or Loyalty?

2023-12-20T17:56:25+01:00

Regardless of who you are, competition in the hospitality industry is increasingly fierce, and winning new customers is a major challenge even for experienced hoteliers. So, what makes the most significant difference in getting guests to stay at your hotel versus the one down the street? Is it price? Is it the chance to benefit from a personalized loyalty program?

Which Matters Most for Winning Guests – Price or Loyalty?2023-12-20T17:56:25+01:00

Have Lodging Businesses Outgrown The Original PMS Concept?

2023-12-20T16:44:37+01:00

The property management system (PMS) is the most important part of a lodging business’s technology stack – no matter the property type or size. A PMS is used on a daily basis across teams to streamline operations and manage data. But are lodging businesses starting to outgrow the PMS? The Original PMS Has Been Slow to Evolve The hotel PMS

Have Lodging Businesses Outgrown The Original PMS Concept?2023-12-20T16:44:37+01:00

The Five Boxes Your New Revenue Management (RMS) Should Check

2023-12-20T16:51:02+01:00

Today things are different. There's a greater variety of more intuitive RMSs that are easy to use for your team and can be set up faster than legacy systems. Thanks to this development, finding an RMS doesn't have to be hard anymore. In the following article, you'll discover how to find the RMS that will help you do just that.

The Five Boxes Your New Revenue Management (RMS) Should Check2023-12-20T16:51:02+01:00

What Revenue Management Technology is Essential for Hotels?

2023-12-20T16:51:57+01:00

Question for Our Revenue Management Expert Panel: What are the top “must-have” revenue management technology and tools essential for hotels today? Our Revenue Management Expert Panel Silvia Cantarella - Revenue Management Consultant, Revenue Acrobats Theresa Prins - Founder, Revenue Resolutions Patrick Wimble - Managing Director, Lightbulb Consulting Celine Quek - Senior Lecturer, School

What Revenue Management Technology is Essential for Hotels?2023-12-20T16:51:57+01:00

How can Hotel Chatbots contribute to Contactless Guest Experiences?

2023-12-20T17:24:23+01:00

Question for Our Hotel Marketing Expert Panel How can hotel chatbots best contribute to a contactless / low-touch guest experience? Our Marketing Expert Panel Dr. Betsy Stringam-Bender - Professor of Hotels & Resorts, New Mexico State University Tamie Matthews - Revenue, Sales & Marketing Consultant, RevenYou Andrew Kavanagh - Group Sales and Marketing

How can Hotel Chatbots contribute to Contactless Guest Experiences?2023-12-20T17:24:23+01:00

POS Software for Hospitality: A Deep-Dive into Reporting Features

2023-12-21T14:46:09+01:00

POS software ranks among the most important technology solutions for hotels, restaurants, and other businesses in the hospitality industry. Aside from its core features, which allow for the processing of various payment options, the software can also be used for reporting. In this article, you will learn more about these reporting features, how they work, what they can offer, and

POS Software for Hospitality: A Deep-Dive into Reporting Features2023-12-21T14:46:09+01:00

Why a Hotel Reservation System Is Important to Your Business

2023-12-22T15:09:32+01:00

A hotel reservation system is one of the most essential technology investments for modern guest accommodation businesses. Using such a system, hotels and similar properties can maximize direct bookings, which are not subject to the same commission fees associated with bookings generated via third-party online travel agencies. In this article, you will learn more about hotel reservation systems, their features,

Why a Hotel Reservation System Is Important to Your Business2023-12-22T15:09:32+01:00

POS Apps: How to Choose the Right One?

2023-12-21T14:46:48+01:00

A good POS app can be invaluable for hospitality employees because it can streamline processes, enhance the customer experience, and improve your company’s ability to track key performance indicators. However, following a sensible process for finding the right app is crucial. In this article, you will learn more about how POS apps work, how you can choose the right one,

POS Apps: How to Choose the Right One?2023-12-21T14:46:48+01:00
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