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Revenue Management

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

2025-07-01T17:00:44+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 Too2025-07-01T17:00:44+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

23 Revenue Management Strategies to Grow Your Hotel Business

2025-07-01T16:29:34+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 Business2025-07-01T16:29:34+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

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

What is Revenue Management?

2025-07-04T18:25:38+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?2025-07-04T18:25:38+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

Top Tips to Keep Hotel Revenue Management Teams Trained and Updated

2025-06-11T15:10:23+02:00

Question for Our Revenue Management Expert Panel: What are the most impactful ways to ensure a hotel's Revenue Management team stays up to date with industry trends and best practices? (Question proposed by Diego Fernández Pérez De Ponga) Our Revenue Management Expert Panel Pablo Torres - Hotel Consultant Kathryn Baker - COO, TCRM

Top Tips to Keep Hotel Revenue Management Teams Trained and Updated2025-06-11T15:10:23+02:00

The Basics of Revenue Management Explained!

2025-07-02T19:02:42+02:00

Revenue management is concerned with optimizing financial results and is especially popular in industries like hospitality, which must contend with high fixed costs and a perishable inventory. For example, hotels have a certain number of rooms and fixed costs, which must be met regardless of how many rooms are sold. In such industries, revenue management predicts demand and optimizes inventory

The Basics of Revenue Management Explained!2025-07-02T19:02:42+02:00

14 Pricing Strategies to Increase Your Hotel Revenue

2025-06-18T20:05:42+02:00

Maximizing revenue is a top priority for hotel operators, and achieving this goal often requires the right pricing strategy at the right time. Making room rate adjustments based on demand, customer segmentation, and other factors can be the key to overall business success. In this article, we offer insight into 14 pricing strategies that hotels can adopt in their revenue

14 Pricing Strategies to Increase Your Hotel Revenue2025-06-18T20:05:42+02:00

Unlock Hidden Revenue: How Ancillary Sales Can Elevate Your TRevPAR

2025-05-30T13:39:00+02:00

Is boosting ancillary revenue just one more thing on your already packed to-do list? It doesn’t have to be. If you’re already offering extras or promoting additional services, you're on the right track. And if you’ve started using automation tools to streamline upselling and improve guest spend, even better. Still, one key opportunity often goes overlooked: factoring ancillary revenue into

Unlock Hidden Revenue: How Ancillary Sales Can Elevate Your TRevPAR2025-05-30T13:39:00+02:00

Revenue Management is About Much More Than Pricing

2025-05-30T13:40:05+02:00

When hoteliers, hotel owners, or management seek the help of a revenue management consultant or outsourcing company, they often mention something like, "We've casually practiced revenue management in the past." As the consulting engagement kicks off, these hospitality professionals will say they understand the discipline even though they lack a structured approach. Yet, revenue management is all about structure. Pricing

Revenue Management is About Much More Than Pricing2025-05-30T13:40:05+02:00

Maximizing Revenue for Extended Stay Accommodations: Challenges and Opportunities

2025-05-30T13:40:44+02:00

Extended stay accommodations and serviced apartments represent a small but fast-growing portion of the European hospitality sector, with the market projected to grow (1) at CAGR of 12.3% from 2024 to 2030. The segment’s relatively rapid growth should come as no surprise as more travelers are booking trips that blend both work and play, major hotspots crack down on short-term

Maximizing Revenue for Extended Stay Accommodations: Challenges and Opportunities2025-05-30T13:40:44+02:00

Outsourcing Revenue Management: 4 Ways it Benefits Hotels

2025-06-14T12:56:58+02:00

Revenue management is extremely important within the hotel industry because it enables owners to optimize their business operations and improve financial results. However, it also requires specific skills and knowledge, which means that it can be more effective to outsource revenue management to a third party that specializes in this area. In this article, you will learn more about revenue

Outsourcing Revenue Management: 4 Ways it Benefits Hotels2025-06-14T12:56:58+02:00

7 Top Takeaways for Revenue Managers from the Unfold 2025 Event

2025-05-20T09:21:53+02:00

At Mews Unfold 2025, hoteliers from across the globe gathered to share insights, celebrate successes and shape the future of our industry. Among the many topics covered, one powerful idea pervaded almost every conversation: hospitality is no longer just about rooms – it’s about moments. It’s not just what you offer, but how you make people feel. 7 Top Takeaways

7 Top Takeaways for Revenue Managers from the Unfold 2025 Event2025-05-20T09:21:53+02:00

Creating a Data-Driven Culture in Hotels: Why just getting a BI platform is not enough.

2025-05-20T09:22:12+02:00

Hotels across the globe have made massive investments in business intelligence (BI) solutions in recent years. From revenue and finance to operations and marketing, data is flowing in more ways than ever before. Yet, many hotel teams still struggle to make truly data-informed decisions. Why? Buying a BI platform is easy. Embedding it into the fabric of how your teams

Creating a Data-Driven Culture in Hotels: Why just getting a BI platform is not enough.2025-05-20T09:22:12+02:00
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