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Revenue Management

7 Hotel Revenue Management Myths Costing You Money

2025-08-25T14:56:22+02:00

Every day, in conversations with hoteliers like you, we hear the same revenue beliefs pop up. Old habits and assumptions that quietly drain profits, cost bookings, and steal the hours you'd rather spend delighting guests. It's time to change that. In this article, you'll learn seven of the most common misconceptions in revenue management and how to replace them with

7 Hotel Revenue Management Myths Costing You Money2025-08-25T14:56:22+02:00

What is Revenue Management?

2025-08-25T14:58:17+02:00

What is revenue management, and why does it matter so much to hospitality brands? Essentially, it's a data-driven approach to anticipating demand and adjusting pricing and distribution in order to maximize earnings. Revenue management is crucial for hotels and similar businesses because they have fixed costs to contend with. When hotels are able to accurately forecast demand, they can take

What is Revenue Management?2025-08-25T14:58:17+02:00

Overcoming Dynamic Pricing Challenges in the Hospitality Industry

2025-08-15T13:59:28+02:00

Question for Our Revenue Management Expert Panel: What are the most common challenges faced when implementing dynamic pricing strategies in hospitality and how can they be overcome? (Question proposed by Diego Fernández Pérez De Ponga)       Our Revenue Management Expert Panel Tamie Matthews - Revenue, Sales & Marketing Consultant, RevenYou Kathryn Baker

Overcoming Dynamic Pricing Challenges in the Hospitality Industry2025-08-15T13:59:28+02:00

Redefining Revenue Strategy: When AI and Human Expertise Work Together

2025-07-14T15:22:16+02:00

In a world defined by uncertainty, data gaps, and increasingly complex demand patterns, one truth stands out: automation alone isn’t enough — nor is relying solely on manual processes. The future lies in a Hybrid Revenue Management Strategy, where intelligent systems handle the heavy lifting while human insight fine-tunes the results. Incorporating Local Knowledge Into the Algorithm: The Role of

Redefining Revenue Strategy: When AI and Human Expertise Work Together2025-07-14T15:22:16+02:00

Cliches About Revenue Management, Guests’ Quality, and Brand Reputation

2025-07-14T15:23:08+02:00

What do hoteliers resist about revenue management? One common pushback is lowering prices below a certain psychological threshold. Yet, it's essential during low demand and pays off later. Some hoteliers believe: "I cannot sell below a certain figure because otherwise low-quality guests will arrive and lower the hotel's image; I prefer to stay empty and not sell." Yet, those who

Cliches About Revenue Management, Guests’ Quality, and Brand Reputation2025-07-14T15:23:08+02:00

What Does EBITDA Stand for?

2025-08-17T19:38:21+02:00

Earnings before interest, taxes, depreciation, amortization, or EBITDA for short, is a KPI becoming increasingly prevalent in hotel management. Sometimes referred to as operating cash flow, the metric can be used to determine the operational profitability of a business, taking into account only its key daily running costs. In this article, you’ll learn what EBITDA means for hotels, how it

What Does EBITDA Stand for?2025-08-17T19:38:21+02:00

Revenue Management Trends: Latest Developments of 2025

2025-08-16T14:05:20+02:00

A significant part of getting the most out of a hotel revenue management strategy involves keeping up with the latest revenue management trends and implementing associated strategies while investing in relevant technology. In this article, you can learn all about the latest revenue management developments in 2025 to stay ahead of the game. Table of Contents: Understanding the Basics of

Revenue Management Trends: Latest Developments of 20252025-08-16T14:05:20+02:00

23 Revenue Management Strategies to Grow Your Hotel Business

2025-07-14T15:23:38+02:00

For hotel owners looking to grow their business, a robust revenue management strategy is of the utmost importance, helping to optimize business results. However, under the broader revenue management umbrella, many smaller strategies can help to facilitate growth. In this article, you'll find 23 revenue management strategies that hotel industry employees can employ to achieve this ultimate objective. Table of

23 Revenue Management Strategies to Grow Your Hotel Business2025-07-14T15:23:38+02:00

What Is Hotel Revenue Management?

2025-07-17T11:16:23+02:00

For those operating in the hotel industry, revenue management is a key concept, as it enables hotel owners to predict levels of demand and optimize things like distribution and pricing in order to maximize financial results. In this article, you will learn more about hotel revenue management, why it is so valuable to hotel owners, and the necessary conditions for

What Is Hotel Revenue Management?2025-07-17T11:16:23+02:00

Revenue Management Consulting; Benefits of Hiring a Consultant

2025-07-15T16:05:19+02:00

It is becoming increasingly common for hotel owners and others in the hospitality industry to acquire revenue management consulting services to optimize prices, distribution, and occupancy rates and maximize financial results. These services will often be acquired from a revenue management consulting firm. In this article, you will learn about the benefits of enlisting a revenue management consultant for your

Revenue Management Consulting; Benefits of Hiring a Consultant2025-07-15T16:05:19+02:00

Revenue Management System: Not Just for Booms, but for Bumps Too

2025-08-16T10:02:02+02:00

When a big event is on the horizon, expectations run high. You plan for full occupancy, increase your rates, and prepare your team. But what happens when the bookings don’t come as expected? That’s when a revenue management system becomes more than a nice-to-have. In this article, we’ll explore how a revenue management system (RMS) helps hoteliers navigate that gap

Revenue Management System: Not Just for Booms, but for Bumps Too2025-08-16T10:02:02+02:00

Revenue Strategy for Resorts and All-Inclusives: Exploring the Challenges and Opportunities

2025-07-01T16:27:54+02:00

Wouldn’t it be nice if effective revenue management for resorts and all-inclusive properties were as relaxing as the guest experiences they offer? While commercial success at these complex properties will likely never be akin to sipping mojitos poolside (one can dream, though), today’s advanced revenue management technology can simplify and streamline the elements needed to make it happen. Key Challenges

Revenue Strategy for Resorts and All-Inclusives: Exploring the Challenges and Opportunities2025-07-01T16:27:54+02:00

Steps for Success: Evaluating and Pricing Group Business

2025-06-16T10:57:46+02:00

Group business is an undeniably important piece of the revenue puzzle for hotels. However, not all group revenue is equally valuable or desirable. To achieve an ideal mix of group and transient business, hotels must undergo a detailed evaluation process—one that can be greatly aided with an advanced revenue management system. Ten Crucial Steps to Evaluating and Pricing Group Business

Steps for Success: Evaluating and Pricing Group Business2025-06-16T10:57:46+02:00

Hotel Financial Statements: Essential Documents for Effective Hospitality Management

2025-07-14T10:13:43+02:00

Hotel financial statements are vital documents that provide an overview of financial data, including revenue, expenses, profit and loss. The documents also break down financial data based on the different departments. For hotels, such statements are valuable for understanding and assessing financial health. They can also be used to inform strategies and identify relevant trends, making it easier to plan

Hotel Financial Statements: Essential Documents for Effective Hospitality Management2025-07-14T10:13:43+02:00

8 Revenue Management Trends Transforming the Hotel Industry

2025-06-16T10:58:19+02:00

The hotel industry in 2025 is undergoing a profound transformation, driven by technological advancements, shifting guest expectations, and the demand for sustainable practices. Revenue management has become a cornerstone for success in the hospitality sector, leveraging data and innovation to maximize profitability. 8 Revenue Management Trends Transforming the Hotel Industry This article delves into the top trends reshaping revenue management

8 Revenue Management Trends Transforming the Hotel Industry2025-06-16T10:58:19+02:00

How an Italian Hotel Doubled Revenue by Cracking Tripadvisor’s Top 10

2025-06-16T10:58:29+02:00

Today's hoteliers want to increase their online bookings and revise corporate rates to a profitable market rate. Revenue management is a proven path to get there. This small hotel partnered with a revenue team and succeeded in doubling its revenue in two years and breaking into Tripadvisor's Top 10. Here's how. Revenue Management Boosts Online Reputation and Revises Static Corporate

How an Italian Hotel Doubled Revenue by Cracking Tripadvisor’s Top 102025-06-16T10:58:29+02:00

Hotel Folio: Essential Guide for Effective Guest Billing Management

2025-06-16T10:58:39+02:00

A hotel folio is a detailed financial document, breaking down the charges a guest has incurred during a stay. These itemized documents are now typically created and stored digitally, allowing for real-time changes. Hotel folios play an important role in providing transparency to guests and delivering accurate billing. Accuracy and transparency are key to a positive guest experience and the

Hotel Folio: Essential Guide for Effective Guest Billing Management2025-06-16T10:58:39+02:00

20 Revenue Management Tips for Hotels

2025-07-03T13:23:19+02:00

Revenue management within the hospitality industry involves predicting consumer demand to optimize sales, allowing businesses to sell at the right price to the right customer at the right time. In a hotel, this may mean turning away business now to do more profitable business tomorrow. When carried out correctly, revenue management can be extremely effective, helping companies significantly boost their

20 Revenue Management Tips for Hotels2025-07-03T13:23:19+02:00
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