You're selling out your standard rooms, booking pace starts dropping, and before you know it the front desk is giving away upgrades just to keep inventory moving. Sound familiar? Room type pricing is one of the most underleveraged areas in hotel revenue management - and one of the most impactful when done right. Here's how PMHR... Continue Reading →
Best Western Malmö Arena Hotel and Price My Hotel Room began their partnership in early 2017. From the very beginning, the collaboration set the stage for data-driven pricing strategies that would strengthen the hotel’s revenue management capabilities for years to come. "With the integration of Opera Cloud, prices are now distributed to the market within... Continue Reading →
The hotel group Ekman Hotels recently started a collaboration with Price My Hotel Room, with the aim of optimizing the group's profitability in an increasingly competitive hotel market. In just a few months, the collaboration has resulted in a substantial boost to the group's profitability. "After just two months, we have increased our Revenue Generation... Continue Reading →
I recently read Ira Vouk's article "RMS of the future" and I think it's the single best article about revenue management that I have ever read. Everyone interested in revenue management should read it, you can find it here Here are some comments to the mentioned article. Profit maximization All RMS would say they are working in... Continue Reading →
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