by Jean-Marc Robillard | Sep 26, 2024 | Hotel Revenue Management
In today’s highly competitive hospitality landscape, maximizing profitability while maintaining exceptional guest experiences is more crucial than ever. Implementing a hotel revenue management system (RMS) is a strategic approach that can transform how hotels...
by Jean-Marc Robillard | Sep 12, 2024 | Hotel Revenue Management
Hotel revenue management involves a set of key formulas and calculations that are crucial for effectively running and optimizing a hotel’s financial performance. These metrics help hoteliers make data-driven decisions, forecast demand, set pricing strategies,...
by Jean-Marc Robillard | Sep 6, 2024 | Hotel Revenue Management
Dynamic pricing and revenue management are two closely related concepts that play a crucial role in modern business strategies. While they share some similarities, it’s important to understand the key differences between the two. What is Dynamic Pricing? Dynamic...
