The Sky’s the Limit: Taking Hotel Revenue Performance to Higher Levels of Success

Resumen

For revenue managers, a next-generation solution should go a long way toward answering all of their day-to-day pricing and other questions. These questions might include: By how much should we increase or decrease our rates for a given type of room? With the return of business travel, how many customer groups, and what size groups, should we accept on a given day? How much should we charge walk-in customers? What should be the floor and ceiling for our rate range? Are the changes in demand and bookings likely to represent a short-term or long-term pattern – and, if the latter, what actions should we take response?

Lo que aprenderás

• AI-powered true cloud revenue management
• Not all clouds are created equal
• The benefits of machine learning
• Better technology and data integration
• More processing power
• Better answers, better decisions