Running a hotel has always required a delicate blend of intuition and data. For years many owners have relied on experience ...

Revenue management technology provider LodgIQ has introduced a generative AI platform developed for hotel revenue management ...

ATLANTA--(BUSINESS WIRE)--Revenue Analytics, the pioneers of Revenue Management and makers of next-generation pricing software, today announced the launch of N2Pricing™, the first Revenue Management ...

SEOUL, KOREA, Nov. 04, 2024 (GLOBE NEWSWIRE) -- HEROWORKS, a leading Korean hospitality tech company, announced its initiative to expand the global reach of its hotel revenue management systems, ...

Hotel pricing by gut instinct and Excel spreadsheets is out. Operators are finally getting serious about revenue management. “Heads in beds.” That simple mantra drove the hotel business for decades.

US-based franchisor My Place Hotels of America is set to deploy an automated revenue management system (RMS) from AI-powered hospitality revenue management software company IDeaS. After an evaluation ...

NEW YORK, Aug. 7, 2024 /PRNewswire/ -- In a groundbreaking achievement, RevOptimum, a pioneering family-run business, has developed innovative strategies that enable independent hotels to compete ...

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 ...

Discover how Revenue Per Occupied Room (RevPOR) helps measure hotel performance by analyzing guest spending, beyond occupancy rates.

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 ...

Here are the key attributes every hotel management company must cultivate in order to be a step above the rest.