revenue strategy summit

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revenue strategy summit

Owners, Asset Managers Emphasize Need for Leadership in Revenue Strategy

Mark Brandau | August 17, 2018

By Mark Brandau Hotel owners and asset managers led the charge at RSS 2018 for revenue-focused leadership that would help them and the major brands whose flags they carry. A more holistic Revenue Strategy that maximizes profitability is within reach, RSS attendees said, but it requires greater collaboration among all stakeholders, as well as all departments of a property. Highlights from RSS show that hoteliers recognize and emphasize the needs in the industry for greater alignment, leadership development and investment in technology. Aligning the Hotel Industry for Revenue Strategy The prevailing sentiment about Revenue Strategy, share...

Revenue Strategy Summit Key Conference Takeaways Shared by hotelAVE

hotelAVE | July 26, 2018

Rethink Sales Deployment: Electronic RFPs continue to grow in volume while group size decreases. Should hotels have reactive vs. proactive sales people to handle this change? Should brands still enforce mandatory responses to all leads as group planners cast wider nets? Should hotels designate a person on the sales team to handle all incoming leads and distribute based on the hotel's needs and likelihood of booking, in other words, a lead catcher? Outlook is Cautiously Positive Despite Forward Group Weakness: In recent past downturns, the industry has had a strong group cushion to mitigate the negative effects in the next downturn. ...

Seeing Hotel Industry Threats as Opportunities Opens Up Revenue Strategy

Mark Brandau | July 23, 2018

By Mark Brandau The hospitality universe is constantly shifting and, more importantly, growing. In his opening message at RSS 2018, Duetto CEO Patrick Bosworth encouraged the hoteliers, asset managers and technologists gathered there to see opportunities for better Revenue Strategy, where others might only see obstacles. Properties are fragmented across several different stakeholders. Hotel brands and online travel agencies are racing to consolidate their size and power. Distribution could change significantly if Google, Facebook or Amazon go from having a toe in the water to jumping into the deep end in earnest, as Airbnb has done. "Th...

RSS 2018: Revenue Strategy Begins With Strong Leadership

RSS | July 12, 2018

Industry Leaders and Disruptors Gather to Learn Latest in Innovation and Technology Washington, July 12, 2018 — The sixth annual Revenue Strategy Summit brought together technology innovators and hospitality industry leaders, including brand executives and asset managers, to examine the challenges hotels face in maintaining rate growth and managing a distribution landscape that gets more complicated by the day. The one-day conference, held at the Knight Conference Center at the Newseum in Washington, D.C., combined hotelier-led panel discussions with keynote presentations on voice-activated digital assistants like Amazon's Alexa, ...

Hospitality Innovators to Converge at Sixth Annual RSS This July

Kalibri Labs | January 23, 2018

Hotel Industry Leaders Meet to Confront Challenges of Evolving Consumer Trends and Increasing Complexity in Distribution and Technology Washington, D.C., January 23, 2018 — Hoteliers and industry thought leaders will come together July 10 to identify the major trends transforming hospitality and share best practices for facing them at the annual RSS in Washington, D.C. The sixth RSS will be held at The Newseum on Pennsylvania Avenue, just a few blocks from The White House. "The Newseum is a perfect venue for RSS in its sixth year, because it seems like it's a new story in this industry every day," said Patrick Bosworth, Co-Founder...

Hotel Thought Leaders, Disruptors Headline RSS 2017

Duetto | August 3, 2017

Hundreds of Industry Executives Explore Hot Topics at the 5th Annual Gathering in Washington, D.C. Washington, D.C. – August 3, 2017 — Thought leaders, including hotel brand executives, asset managers, and technology innovators, examined how hotel marketing and technology must evolve to meet new challenges facing the hospitality industry, at the fifth annual RSS, July 26th in Washington, D.C. Lee McCabe, Vice President at Alibaba Group, delivered the opening keynote address. The closing keynote featured Michael Saylor, noted philanthropist and visionary whose pioneering work in analytics and strategic planning was laid out i...

New Frontiers of Disruption to Highlight RSS 2017

RSS | June 27, 2017

300+ Participants Anticipated at the 5th Annual Gathering of Hotel Industry Innovators July 26 in Washington, D.C. Washington, DC – June 27, 2017 — Lee McCabe, Vice President of Alibaba Group, and Michael Saylor, President and CEO of Microstrategy, will deliver keynote addresses at the fifth annual Revenue Strategy Summit, (RSS), a gathering of thought leaders and practitioners who will examine disruptive forces reshaping the hospitality industry and how marketing and technology must evolve to meet new demands. Scheduled for July 26th at the Renaissance Washington, D.C. Downtown Hotel, RSS combines education, networking and ...

Fifth Annual Revenue Strategy Summit (RSS) Slated for July 26, 2017 at the Renaissance Washington, D.C. Downtown Hotel

the Revenue Strategy Summit (RSS) | January 23, 2017

Innovators Will Gather to Discuss Profitability, Loyalty, Disruption in the Hotel Industry Washington, D.C. — January 23, 2017 — Hotel industry innovators and thought leaders will converge on Washington, D.C., for the fifth annual Revenue Strategy Summit (RSS) on July 26, 2017. The annual event examines the forces reshaping the hospitality industry and how marketing and technology can evolve to meet these new challenges. RSS 2017 will be held at the Renaissance Washington, D.C. Downtown Hotel. "Now for five years running, RSS has become the undisputed laboratory for new ideas shaping the future of hospitality," said Patrick...

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