Many businesses conduct revenue management activities in order to achieve the highest possible profit from a limited number of products or services available for sale. Hotels conduct various revenue ...

According to Dr. Peter Bell of the Ivey School of Business, revenue management is the "science and art of enhancing firm revenues while selling essentially the same amount of product." An article in ...

Room sales are not the only measure of hotel profitability, at least in a world where demand cycles are short and what guests need is changing. By using revenue management, you have a structured way ...

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 tools are ubiquitous across sectors, but many hotel owners, operators, and management companies use such tools on a daily basis. As these products have improved, many have ...

After the darkest two years in the history of the hotel industry, 2022 offered a chance to smile again. The party from pent-up demand can’t last forever, though. As revenue managers look ahead to 2023 ...

GUEST OPINION: For years, many independent hotels have relied on a familiar pricing routine. A manager reviews occupancy, checks a few competitor rates, adjusts prices for the next few weeks, and then ...

The service is positioned as a strategic entry point for independent hotel owners, asset managers, and management companies seeking outside expertise without committing to long-term agreements. Hotels ...

ATLANTIC Hotels aims to optimise pricing and forecasting at its new Frankfurt location with IDeaS technology.

With the global downturn in certain asset class valuations, hotels are experiencing something of a renaissance and have re-emerged as a preferred asset class. With challenges in all but the best in ...