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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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Four Considerations for Developing Your Pricing Strategy

Hotels devote large portions of their revenue management strategies around developing and implementing the right pricing structure for their property and market. But establishing the…

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Decisions vs. Recommendations: It’s all in the Name

In today’s world of innovative technology, it’s interesting to think about the automated outputs of our industry’s revenue management systems. In fact, a recent conversation…

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The Wheel of Revenue Management Analytics

There’s a popular television game show called “Wheel of Fortune” that features enthusiastic contestants solving word puzzles by guessing one alphabet letter at a time.…

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