by Mateusz | 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...
by Mateusz | May 11, 2022 | Hotel Revenue Management
Revenue management is crucial in the hotel business. Lack of one negatively impacts hotels profitability. Unfortunately, revenue management is not a cakewalk. Thankfully, nowadays, automated and affordable technology can help and is accessible for hoteliers. In this...
by Mateusz | May 3, 2022 | Hotel Revenue Management
The modern business landscape is changing swiftly, and therefore recognizing the new trends has also become important for owners. Along with accurate trend recognition, you also have to be competent enough to adapt to the new changes. Your efficiency in identifying...
by Mateusz | Apr 25, 2022 | Hotel Revenue Management
The automated Revenue Management System or RMS is software that helps hoteliers carry out revenue management responsibilities more efficiently. This type of software usually analyzes the booking trends and market data 24/7 to optimize the prices of each room in a...
by Mateusz | Mar 16, 2022 | Hotel Revenue Management
The hotel and hospitality industry is going through a transformation due to global economic and social changes that are taking place all around the world. In addition, the increasing population has also forced hotels and industries to undertake an effective revenue...
by Mateusz | Mar 16, 2022 | Hotel Revenue Management
Adjusting hotel rates based on constant changes in market demand can be stressful. Thankfully a rate management tool (RMS) integrated with a hotel Property Management System (PMS) can help. Continue reading to learn more about hotel rate management and the benefits of...
