The hotel industry is an ever-changing landscape, like many other industries, it has been unpredictable over the past few years,…
The adoption of ever-sophisticated integrated revenue management software and technology, particularly with regard to forecasting demand and pricing, is crucial…
AI technology was first introduced and presented at the Dartmouth conference in 1956. At that time, hotel businesses had not…
Recently hospitality industry has encountered the Russia-Ukraine conflict with no end in sight along with the sanctions imposed on Russia.…
Before the COVID-19 crisis, hotel revenue management was largely focused on maximizing room revenue. When COVID-19 hit the global hotel industry, this…
About one month ago and on 18 August 2022, Google announced on their blog a new update in their indexing policy. It’s…
The hotel industry is subdivision of the hospitality industry that specializes in providing customers with lodging services. There are a…
As vaccination programs continue to find success against Covid-19, lockdown policies are easing, and hotels are reopening. Tentative steps are…
Good revenue management defines a property’s bottom line. … A profit management strategy determines a property’s net revenue, Revenue management…
Here we are again with our yearly opinion article about how to get revenue management right for 2021. The last…
Measure Your Hotel's Performance Using the Right Metrics
Get Your Hotel Performance report todayAt the start of 2020, the hotel industry’s show growth and rising revenue looked vulnerable. Now the spread of the…
The World Health Organization declared the coronavirus outbreak that showed its first signs in December 2019 on January 30, 2020.…
It is only few days and 2020 is approaching us, everyone in the industry might be busy for closing 2019…
Long-time ago for hotel industry performance analysis, there are two simple traditional indicators were used: ADR (average room rate) and…