IDeaS Archives - Page 3 of 3

Don’t Open Your New Hotel Without a Revenue Management System

Revfine.com2026-01-22T12:46:05+01:00

Hotel owners, developers, asset managers, and other stakeholders charged with successfully launching a new hotel property—in a marketplace that may already be quite competitive—know they’ll need more than attractive features and amenities that entice and cultivate a loyal customer base. As the industry adapts to a post-pandemic world, the team behind a new property also must assess key behind-the-front-desk requirements

Don’t Open Your New Hotel Without a Revenue Management SystemRevfine.com2026-01-22T12:46:05+01:00

How to Measure The ROI of Your Revenue Management System?

Revfine.com2026-01-22T12:48:31+01:00

The revenue management system (RMS) plays a vital role in the modern hotel technology stack, driving greater profitability and efficiency. Still, the demonstrated return on investment (ROI) in a hotel’s revenue management technology investment goes deeper than year-over-year RevPAR uplift measurements. Understand the True Impact of Revenue Technology The additional revenue from properly utilizing revenue management software and strategies directly

How to Measure The ROI of Your Revenue Management System?Revfine.com2026-01-22T12:48:31+01:00

Optimising Extended-Stay Hotel Revenue

Revfine.com2026-01-22T12:53:04+01:00

Pricing of extended-stay hotels and serviced apartments, also known as ‘aparthotels,’ has traditionally been a challenge for revenue managers as rates can vary drastically depending on the length of stay a guest seeks. However, it is vital that hotel groups enhance their approach to pricing for this sector, given the revenue opportunities it presents, especially as long-stay traveller demand ramps

Optimising Extended-Stay Hotel RevenueRevfine.com2026-01-22T12:53:04+01:00

Overcoming New Tech Pains: RMS Change-Management Tips

Revfine.com2026-01-22T12:55:05+01:00

Whether ditching a subpar revenue management system (RMS) provider for something better or implementing automated revenue tech for the first time, change is hard. But not changing could be disastrous for hotel businesses hoping to remain competitive and run efficiently and profitably in the new industry landscape of 2021 and beyond. Keep reading for tips on navigating the tech change

Overcoming New Tech Pains: RMS Change-Management TipsRevfine.com2026-01-22T12:55:05+01:00

Tips for Hotel Revenue Forecasting in a Constant State of Uncertainty

Revfine.com2026-01-22T12:56:55+01:00

The global hospitality industry has had its fair share of large-scale disruptions since COVID-19 first struck, and the hotel sector faces an uncharted recovery period ahead. Hoteliers can gain ground by using agile, accurate, and holistic revenue forecasting. Modern Tools for Modern Challenges Are you using outdated technology at your hotel? Advanced, cloud-based solutions will help fulfil your security, connectivity,

Tips for Hotel Revenue Forecasting in a Constant State of UncertaintyRevfine.com2026-01-22T12:56:55+01:00

How Revenue Leaders Can Generate New Business

Revfine.com2026-01-22T13:38:51+01:00

Hospitality revenue management teams have long been expected to manage demand. But for the hospitality industry's new climate in 2021 and beyond, revenue leaders will need to do more than manage demand—and now it’s up to hoteliers to find creative ways to align their marketing and revenue teams to generate new business. Break Down (or at Least Align) the Silos

How Revenue Leaders Can Generate New BusinessRevfine.com2026-01-22T13:38:51+01:00

Tips for Reconsidering Your OTA & Direct Booking Strategy in 2021

Revfine.com2026-01-22T13:40:57+01:00

When engaging with online travel agencies (OTAs) in this era of uncertainty, hoteliers must properly understand the value and costs associated with all distribution channels. Any relationship weighted in favor of an OTA to the detriment of a hotel’s bottom line needs to be reviewed, and steps should be taken to maximize your direct bookings. Capture More Direct Bookings For

Tips for Reconsidering Your OTA & Direct Booking Strategy in 2021Revfine.com2026-01-22T13:40:57+01:00

Pushing Profit Beyond the Guest Room in 2021

Revfine.com2026-01-23T18:24:43+01:00

Hoteliers are under unforeseen pressure to make magic happen in the new year and get their profitability back on track. Three words: “Total Profit Optimisation.” You’ve likely heard them spoken before in hushed whispers. It’s the ever-elusive and seemingly unattainable holy grail of hotel revenue leadership. Maximising Your Business Revenues by Total Profit Optimisation Total profit optimisation considers costs associated

Pushing Profit Beyond the Guest Room in 2021Revfine.com2026-01-23T18:24:43+01:00

The Hard Truth About Revenue Management Right Now (+5 Do’s and Don’ts)

Revfine.com2026-01-23T18:20:45+01:00

Let’s be blunt. COVID-19 is a global disaster, and this pandemic has brought the hotel industry to its knees—full stop. But the time has come to rise from the ashes and show the world what you are made of. You are innovative, agile, and your hotel fulfills the most amazing experiences for guests around the globe. In this article, you

The Hard Truth About Revenue Management Right Now (+5 Do’s and Don’ts)Revfine.com2026-01-23T18:20:45+01:00