by Andrew Stott | Nov 16, 2022 | Hotel Revenue Management
Every hotel owner knows the holiday season is fast approaching, and what’s most important when times are cold and dark? Family. In this day and age, many families have been separated by distance, so booking a small to medium sized hotel to stay at is a big part...
by zebra | Oct 13, 2022 | Hotel Revenue Management
Most revenue managers think Revenue Management Systems (RMS) become ineffective when the demand decreases. A classic example of this scenario was seen during COVID. Most hoteliers froze their pricing as they were afraid and decided not to use their RMS. At that time,...
by zebra | Sep 29, 2022 | Hotel Revenue Management
Large hotels leverage the AI-driven power of today’s revenue management systems to simplify and streamline their day-to-day processes. For example, it can be helpful to optimize prices after every single availability change, or to understand their competitive position...
by zebra | Sep 29, 2022 | Hotel Revenue Management
In the event of lower demand for hotel rooms or apartments than expected, what should hoteliers do? During the times when hotel room occupancy declines, most revenue managers begin to believe that Revenue Management Systems (RMS) are useless. Covid period is an...
by zebra | Aug 1, 2022 | Hotel Revenue Management
For hotel owners, occupancy is a continual worry. Naturally, you want to have an occupancy rate that is as near to 100% as feasible. How you accomplish this goal is the key question. We’ve thought about the issue and put together a list of recommendations to aid...
by zebra | Jul 2, 2022 | Hotel Revenue Management
A jam-packed hotel or apartment is not the only credible sign of profitability. Just like any business, the key metric for measuring success in hospitality is revenue. Unfortunately, this sector has been facing unprecedented challenges since the first wave of the...