Data Analytics

Three worst nightmares for a hospitality revenue management professional

Pricing by on-the-books, checking-in no-show bookings, and countless rounds of reworking the budget—these are just some of a hotel and hospitality revenue manager’s worst nightmares.…

What do hotels & hospitality organizations appreciate most about IDeaS RevPlan total revenue budgeting & forecasting solution?

Success always starts with a plan. But planning and budgeting for hospitality organizations is a painful, time-consuming process, especially during times of increased uncertainty. And…

Connecting the Dots with Hotel Revenue Data Storytelling

Revenue management today involves so much more than forecasting and setting prices, it requires creativity to shape the insights learned from data and deliver them…

Commercial Transformation – How to Level-Up Your Hospitality Organization

Here are five key steps to include in your hotel’s commercial strategy digital transformation playbook. The hospitality industry still faces an uncertain future, and for…

Exceptional Circumstances Call for Exceptional Analytics

Powerful and proactive analytics provide the compass we need to navigate this crisis. Can you forecast without data? I’ve seen several opinions lately that analytics-based…

The Myth of Real-Time Revenue Optimization

Behold the power of true optimization. Different revenue management systems (RMS) use a variety of approaches to revenue optimization. Oftentimes terms are used interchangeably like…

Reputation Pricing – Knowing What You’re Worth Is Worth It

Reputation and revenue management go together like…analytics and automation. The rampant rise of social media and consumer review platforms has given hotel guests an…

Hotel Revenue Management Ultimate Buyer’s Guide

The Lifecycle of Hotel Revenue Management