Technology enables new approach to revenue management in 2024 - Hotel revenue managers are going to have more tools at their disposal this year, as they navigate the changes in the hotel industry and prepare for an influx of business and group guests.
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Hoteliers anticipate greater pricing power in 2024 - Rate growth showed some signs of moderating at the end of 2023, but STR's latest forecast for 2024 still has rates growing by 3%.
Jan 18, 2024 • Hospitality
Google Hotels launches market comparison view - Google Business Profiles now has a featured that shows you how your hotel is priced against the competition in your area.
Jan 17, 2024 • Hospitality
How AI is changing hotel revenue management - Big data has been great for revenue management, but it also increased the need to find relevant data in these new data sources.
Jan 17, 2024 • Hospitality
IDeaS is expanding and enhancing its learning offerings - New enhancements include live chat support, monthly live learning events, quarterly panels, and on-demand tailored virtual training sessions.
Jan 9, 2024 • Hospitality
Hoteliers assess discounts, prepaid nonrefundable rates - How hotel revenue managers tested new strategies as travelers tightened wallets in 2023.
Jan 4, 2024 • Hospitality
Using business on the books in a complete hotel benchmarking approach - The combination of looking into the future and learning from the past gives you the right tools to make the right decisions for your business today.
Dec 14, 2023 • Hospitality
Will hotel ‘junk fees’ become a thing of the past? - Increased scrutiny of mandatory fees is impacting how hotels advertise prices. But despite widespread support, regulating them could be complicated.
Dec 13, 2023 • Hospitality
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