The large majority of hotels still rely on Excel spreadsheets, trial and error, and gut feeling when setting prices. In an increasingly complicated distribution landscape, many will start looking at ...

The partnership aims to improve profitability, operational efficiency, and guest experience across My Place Hotels’ portfolio ...

According to Dr. Peter Bell of the Ivey School of Business, revenue management is the "science and art of enhancing firm revenues while selling essentially the same amount of product." An article in ...

Wholly owned by the Public Investment Fund (PIF), Adeera Hospitality is a hotel management company responsible for developing ...

Yield or revenue managers work to ensure that rooms, seats or units are rented at the best price in industries where profit is derived from capacity. For example, hotel, car rental, airline and other ...

STEINHAUSEN, Switzerland, Oct. 12, 2020 /PRNewswire/ -- RoomPriceGenie's revenue management software was specifically designed to help optimize and automate pricing for small to mid-size hotels.

Dubai, 03 December 2007: InterContinental Hotels Group (IHG), the world's most global hotel company, is pleased to announce the appointment of Pal Ipacs as the new Director of Revenue Management in ...

Photo Credit: Focused businesswoman showing information on laptop screen to focused male colleague in lobby of hotel, contemplating whether artificial intelligence will lead to layoffs among hundreds ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Revenue management is a fact of everyday life. Whether it’s the price of milk in the grocery ...

The whole can sometimes be greater than the sum of its parts. Marriott International Inc. found that to be true after it combined two revenue management systems into one. Revenue data collected by ...