by Mateusz | Nov 16, 2020 | Hotel Revenue Management
For what feels like the first time in a long time, there is a glimmer of hope for the return to “normal” and the eventual recovery of the hospitality industry. As cruise and airline stocks surge after upbeat news on a potential COVID-19 Vaccine early this...
by Mateusz | Nov 9, 2020 | Hotel Revenue Management
One of the great pains of revenue management is and has been the uncertainty factor. Historically, market trends and factors that affect how hospitality businesses stay competitive was a bit more of a guessing game, with levels of visibility leaving a lot to be...
by Mateusz | Nov 2, 2020 | Hotel Revenue Management
Pricing is of decisive importance for all businesses in all sectors; setting prices right often makes the difference between success and complete failure. Finding the optimal prices is the easiest and most effective way for any business to increase profits. Dynamic...
by Mateusz | Oct 26, 2020 | Hotel Revenue Management
Rate Intelligence, the free rate-shopping tool by Booking.com’s Booking Suite, will unfortunately be discontinued at the end of next month on November 30th, 2020. For those that are unaware of what the rate intelligence price shopping tool was, in late 2016 it was...
by Mateusz | Oct 19, 2020 | Hotel Revenue Management
The pandemic has challenged many industries, and lodging has been among those hardest hits. Weekday bookings have dried up as conferences, conventions, and business travel have largely been put on hold. Weekend stays also have tanked with the cancellation or...
by Mateusz | Oct 5, 2020 | Hotel Revenue Management
A common challenge for hotels is having too many cooks in the revenue management kitchen. A revenue manager may leave a strategy meeting confident they’re on the same page as the other departments but find out later that someone changed plans and it ended up...
