Perhaps it is the very longevity of the hotel industry that keeps it stuck in old-fashioned practices, particularly as it applies to revenue management. - More
REVPAR GURU, the leader in comprehensive revenue management systems for hotels, has applied this concept to its latest endeavor: the marriage of the REVPAR GURU revenue management control panel to the game-changing tablet PC of the moment, the iPad. - More
In case you haven't notice, times are tight for hotel operators all over the world. Revenue Management is the key to keep hotels in business and thriving. But what used to be good strategies years ago seem to be completely obsolete today, due to the expansion of new technologies and the changes in booking patterns. Yet, a lot of Revenue Managers... - More
According to the traditional practice of Revenue Management, the key to a successful Revenue Management strategy is an accurate forecast. It makes sense indeed. - More
The Internet has brought dramatic changes to the way customers search for and book hotels, and increasing online sales may be the way to boost hotel profitability without drastic rate slashing. Travelers are using the Web to find the best deals on hotel rooms, so hotel managers should be welcoming those customers online by offering them the best... - More