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revenue strategy

Home/Tag: revenue strategy

revenue strategy

revenue strategy

Amadeus Expands Partnership with Aimbridge Hospitality with Exclusive Business Intelligence Endorsement

Amadeus | June 22, 2022

Leading, global hospitality company will use Amadeus’ full suite of industry-leading business intelligence to gain a consolidated view of global portfolio performance and enhance forecast projections based on forward-looking market insights. Today’s fluctuating markets and traveler behaviors dictate a hotelier’s need for real-time data to adapt to trends and identify every available revenue opportunity. With data spread across systems, hoteliers can sometimes experience information overload and challenges in extracting actionable insights. Aimbridge Hospitality, a leading global hospitality company managing a portfolio of over 1,5...

Duetto Delivers New Rate Management Experience

Duetto | May 25, 2022

The software as a service provider of revenue strategy solutions rolls out several innovations to its award-winning GameChanger revenue optimization application. San Francisco, May 25, 2022 - Duetto, hospitality’s leading software as a service provider of revenue strategy solutions, announced today a series of new features for GameChanger, its award-winning revenue optimization application. The New Rate Management Experience (NRMX) features are designed to enable revenue teams to work more strategically, consolidating all rate publishing pages into one single, unified view. “We’re excited to unveil new features to improve the...

InTown Suites Turns to SHR for Cross-Product Automation

Sceptre Hospitality Resources (SHR) | May 5, 2022

Facing challenges sharing data and actions across systems, InTown has implemented SHR’s Bridge platform to automate traditionally manual processes.  HOUSTON – May 4, 2022 – InTown Suites, a leader in extended-stay hotels with nearly 200 properties in 22 states, has expanded its partnership with Sceptre Hospitality Resources (SHR), which offers a suite of solutions to help hoteliers improve the guest experience and drive revenue at each touchpoint along the guest journey. InTown, already a user of SHR’s Windsurfer CRS, is now leveraging SHR’s Bridge platform for increased functionality to automate several previously manual proces...

Knowland Helps Kimpton Hotels to Maximize Group Revenue

KNOWLAND | March 30, 2022

Leading data provider delivers actionable insights and market analytics to bolster meetings and events revenue growth for top boutique hotel company ARLINGTON, VA — March 30, 2022 — Today Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, announced Kimpton Hotels & Restaurants has renewed its long-standing relationship with Knowland. The boutique hospitality company’s executive team relies upon Knowland’s market analytics to gain insights into group business trends and help it better manage and grow its portfolio. The Knowland platform helps individual properties bet...

MOB HOTEL Selects IDeaS for Pricing, Forecasting and Reporting Across Its Growing Portfolio

IDeaS | February 2, 2022

Paris-based hotel group set to drive greater operational efficiency and more competitive rates with IDeaS Pricing System LONDON — February 2, 2022 — IDeaS, a SAS company, the world’s leading provider of hotel revenue management software and services, announced today that MOB HOTEL will implement IDeaS Pricing System across its growing portfolio of eco-friendly, socially-minded properties in France and the United States. As MOB HOTEL expands, its manual, spreadsheet-based pricing process could no longer be sustained. The hotel’s revenue team selected IDeaS to achieve: •  Scalable automation – IDeaS Pricing System automatica...

Make Supercommuters Work for Your Hotel

Larry and Adam Mogelonsky | September 22, 2021

By Larry and Adam Mogelonsky The back-to-work siren call typifying September hasn’t had the universal impact as prognosticated during the summer because of, among other causes, safety concerns from the Delta Variant and because working remotely (from home) is just too good a perk to pass up for many. This in turn has opened up a new niche of travelers for select hotels to seize upon. Enter the ‘supercommuter’, the suburban or exurban digital professional who journeys well over an hour (possibly over two hours) to reach a given business destination, often in an urban center, for work, but only at an infrequent rate of once per week...

Revenue Management for Recovery

Amin Himani | April 7, 2021

By Amin Himani Emerging Trends – What to Expect This year more than ever, recognizing the discipline of Revenue Management in our industry must transcend into Revenue Strategy will be crucial for success. While navigating the unpredictable travel patterns in 2021, consider that the traditional pace, competitive sets, and value-proposition identified historically to be altered and a need to examine the implications of the pandemic on each market segment and its defining attributes is required. What this means is relying on the systems and tools which help analyze patterns and recommend pricing may no longer provide the most optimal rat...

Bridging the Disconnect: The Transferability of a Revenue Manager

Sahad Kassam | December 14, 2020

By Sahad Kassam As much as I would like to say that 2020 has been a rollercoaster, I would be remiss to not acknowledge those in the hospitality industry, who have yet to see the upside. In March of 2020, the hotel industry collapsed. Hotels were seeing cancellations come in large waves, and employees were being furloughed by the dozen, flooding the job market in search of a transferable role. As a 2019 Bachelor of Commerce graduate beginning my full-time career with Marriott International's Revenue Strategy Market Team for Downtown Toronto, COVID-19 turned my exciting and limitless career opportunities into a giant question mark. With ...

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