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Revenue management
RevPAG – The New Indicator of Hotel Revenue Performance
Every industry has a set of indexes to measure hotel revenue performance, no exclusion for hospitality too. We, hoteliers, are dealing with OCC, ADR, RevPAR in everyday’s reports, meetings and discussions. But if you ask an F&B manager what was yesterday’s ADR/RevPAR, high chance he/she would not know. This would not be their fault as […]
Pace keeps hotel prices in step with market demand
Pace promises that it will allow hotels to work less in order to change rates more frequently and accurately thanks to its platform’s AI and analytics tech.
Expedia launches revenue management tool for Thai hotels
Expedia is launching its hotel revenue management tool, Rev+, in Thailand. As part of Expedia Partner Central (EPC), Rev+ is designed to help hoteliers better manage their rates and inventory. Features include a price calendar, which provides a view of the hotel’s pricing relative to their competitive set for the next 365 days; market alerts, […]
Melia partners Duetto to advance digital strategy
Meliá Hotels International has decided to implement Duetto’s cloud-based solutions as part of its digital strategy. The Spanish group has adopted several solutions to boost its revenue management and distribution capabilities, including Duetto’s price optimisation application, GameChanger, and revenue intelligence application, ScoreBoard. “Meliá’s revenue strategy includes next-generation pricing and distribution tactics, the digitisation of its […]
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