by Mateusz | Jun 3, 2021 | Hotel Revenue Management
What’s the most profitable hotel out there? The one that cares for its hotel pricing strategy. Creating hotel pricing strategies for your rooms is the critical step for maximizing your profits. Those who do revenue management professionally know that prioritizing...
by Mateusz | May 25, 2021 | Hotel Revenue Management
Hotel management is not for the faint of heart. It’s a challenging career requiring commitment and a strong knowledge of finances, leadership, human resources, marketing, and customer service. It’s also not a typical 9 to 5 job with weekends off. At...
by Mateusz | May 18, 2021 | Hotel Revenue Management
In revenue management, it’s not only about increasing hotel revenue through detailed historical data analysis, spotting trends, and forecasting. Different hotel departments come into play in raising property profits. Our awesome working tips will help you boost...
by Mateusz | May 12, 2021 | Hotel Revenue Management
When you work in the hospitality industry, it’s certain you will hear this term: revenue management. In this article, we define what it means, why it’s important and how an automated revenue management system (RMS) helps to maximize hotel’s profits....
by Mateusz | Apr 22, 2021 | Hotel Revenue Management
In 2019 only 7% of hotels used revenue management software (RMS). That’s an excellent opportunity to have a significant edge over your competition. While your competition spends time adjusting availability and pricing manually, day by day, room by room, you can...
by Mateusz | Apr 13, 2021 | Hotel Revenue Management
Scrolling through the prices on the well-known budget airline in my Chrome’s incognito mode. It has been a month since I’ve been tracking the prices for the flight to Morocco, waiting patiently for the prices to drop. I swear I’ve finally cracked the pattern...
