by Wyatt Niblett-WIlson | Sep 24, 2020 | Hotel Revenue Management
In the past, manual-based revenue management approaches have looked at a hotel’s booking history and current activity levels to forecast demand. During periods of high demand, revenue managers would increase rates. When demand is low, they would discount them, thereby...
by Wyatt Niblett-WIlson | Sep 21, 2020 | Hotel Revenue Management
The COVID-19 crisis quickly brought the travel and tourism industry to a virtual standstill, as steep drops in demand forced unprecedented capacity adjustments by airlines, cruise lines, hotels, railways, etc. But when the inevitable recovery comes — perhaps in...
