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Ideal Pricing vs. Only Pricing: Revenue Strategy Beyond Price

Hospitality experts agree that hotels can’t maximize profitability by managing rates alone. When your revenue strategy only focuses on managing price, you can’t deliver optimal…

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Revenue Management’s Cinderella Story

It’s been evident to see that the roles of revenue management have evolved significantly over the years. From departmental role reversals to critical new job…

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Group Pricing Goes for Gold

Remember the days when you would gather around a table and sales managers would bring their group inquiries to hash out which business to accept…

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Limited Service Hotels Drive Profits by Outsourcing Revenue Management

When automobile manufacturers develop a new car, they offer consumers a base model and provide multiple luxury add-ons for those who want to further customize…

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Ideal Pricing Delivers Extraordinary Revenues

Similar to many industry veterans, I’ve spent the vast majority of my adult life working in hotels. From operations to sales & catering to revenue…

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Six Reasons Why GMs Care About Revenue Management

Tasked with overseeing all hotel operations, general managers (GMs) are well positioned to help their organizations drive profitability by achieving a strong culture of revenue…

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Driving Revenue With Dr. Ravi: The Bid Price Approach

Hotels around the world are in hot pursuit of efficient revenue management methods that not only price their properties successfully, but also help manage their…

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A Tale of Two Hotels: The Automation Edition

In recent years, the hotel revenue management industry has seen a swift transformation – moving past filling as many rooms as possible to approaching their…

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