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RMS Must-Have Features: Elasticity & Competitor Rate Considerations

Public pricing rates are the lowest non-restricted rate bookable by all guests and they impact revenue management in numerous ways. Arguably the most important is…

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A Multi-Generational Approach to Managing Hotel Revenue

What do you do when you need a new pair of shoes? The answer likely varies depending on your age. Older generations will visit a…

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Car Park Systems: A Powerful Combination

Step back in time for a moment to your middle-school chemistry class. Many kids are familiar with a classic experiment that combines vinegar and baking…

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Revenue Management Must-Haves: Demand Forecasting

Effective demand forecasting can feel almost magical in the way it’s able to examine past behaviors in order to predict future ones. It’s not magic,…

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The Science of Clean Laundry & Revenue Management

The parallels between fashion, laundry and revenue management are uncanny. Look at yourself in the mirror. See that carefully curated ensemble you’re wearing? See all…

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Big Events, Big Opportunities

Some of the big topics people discussed with us at the event got me thinking: As we approach the end of the first quarter, this…

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RMS Must-Have Features: Analyzing & Controlling Rates & Segments

Your RMS is an indispensable tool in your business arsenal. Almost like having a crystal ball, advanced analytics offer data-driven pricing recommendations that give you…

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One Is Fun but a Group Is a Profit Party

But revenue managers aren’t alone in reaping the rich rewards of innovative revenue management technology. Today’s technology has also encouraged another group of team members…

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