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Setting the right price for a hotel room can be a straightforward task for some, yet complex for others. Regardless, the key question remains: Is the price point logical?
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“When you think of revenue management, which is the first department that comes to mind?”
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 The Access Group, a $1.3bn+ business management software provider, has added global hotel and casino technology specialist SHR to its expanding AI-powered end-to-end platform for hotels.
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Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. What drives more value to the business, ADR, average daily rate, or occupancy?
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The Hawaii Vacation Rental Performance Report for April reflects diverse challenges and various evolving trends in Hawaii travel. Despite an overall supply of vacation rentals, occupancy has dropped significantly compared to previous years, both…
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While the pace of construction for new hotel rooms nationwide is at an all-time high, business-event planners won’t get relief from high demand and rates in the hotel segment they use the most.
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Balancing inventory management and overbooking is crucial across the hotel industry to maximise occupancy and revenue.
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In D-EDGE’s latest Hotel Distribution Report for 2024, an analysis of the past five years reveals big shifts in online booking behavior, especially following the challenges posed by the COVID-19 pandemic…
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Guesty, a leading software platform for property management in the short-term rental (STR) and hospitality sector, has announced a Series F funding round of $130 million. The round was spearheaded by KKR, a global investment firm, with Inovia…
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Within a hotel organization’s finance and accounting departments, the importance of system integration cannot be overstated. Ensuring that all elements of the tech stack complement each other’s capabilities not only streamlines critical property…
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The graduation weekend for Florida A&M University and Florida State University is May 4-5. This promises to be a jam-packed weekend in Tallahassee, especially for hotels.
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Today, Track This Hotel announced the launch of its platform to help travelers manage hotel booking costs more effectively. By monitoring hotel rates after booking, the service alerts users to potential savings, offering a practical solution in a…
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The partnership allows hotels to combine room and food & beverage optimization for the first time.
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In fall 2021, the Ace Hotel in Pittsburgh’s East Liberty neighborhood reopened after being forced to close during the COVID-19 pandemic. Only thing was, it no longer was the Ace Hotel. Now called The Maverick by Kasa, the hotel’s owner decided to…
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As per HTF Market Intelligence, the market for Global Apartment Hotel during the forecast period 2024-2030 will see a CAGR of 22.5%. The recent Released Apartment Hotel Market Research evaluates the growth potential of the coming days in terms of…
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SiteMinder, the software platform that maximises hotels' full revenue potential, has launched its mobile platform. This move marks the first step towards the delivery of SiteMinder's innovative platform, which is set to officially roll out later…
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We know that reputation management is important, but how involved should revenue managers be in that process? I brought this topic to the leaders of the HSMAI Revenue Optimization Advisory Board to discuss our role in reputation management. Below…
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Mews and Amadeus announced an extended strategic partnership to better connect the hospitality technology ecosystem. Mews allows hoteliers to build the tech ecosystem that suits their goals and provides an experience for their guests…
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