January, 2024

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The Future of Revenue Management: Maximizing Profits with AI

Revenue Hub

According to Trootech, the present AI market stand October 2023 is worth over 300 billion EUR, and AI has become the number one priority for 83% of businesses around the globe. THE TRADITIONAL REVENUE MANAGEMENT APPROACH Before the advent of AI, revenue management largely relied on historical data and manual analysis.

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Revenue Management Consulting; Benefits of Hiring a Consultant

Revfine

Revenue Management Consulting Revenue management consulting involves expert advice and strategies to optimize a business's revenue, particularly in industries like hospitality and travel.

Pricing 52
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RBH appoints group director of revenue management

Hotel Owner

RBH Hospitality Management has announced the appointment of Jennifer Paylor as group director of revenue management. She joins the company with more than 25 years of revenue experience in the hospitality industry, including roles with Intercontinental Hotel Group, Principal Hotel Company and other large operators.

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Harness the power of data analytics in hospitality

Les Roches

Let’s look at the intriguing world of data analytics and it can be essential for any hospitality business. What is data analytics in the hospitality industry? In the fast-paced world of hospitality, every customer interaction, online review, or booking generates data. Hospitality can also benefit from this digital gold mine.

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Mastering hotel yield management: essential tips

Les Roches

Navigating the labyrinth of hotel management can be complex, but there’s one concept that consistently stands out as a game-changer: hotel yield management. Keep reading as we go over the tips and tricks for mastering hotel yield management. What is hotel yield management? What is hotel yield management?

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The Next Paradigm Shift in Hospitality Revenue Management

Revenue Hub

NB: This is an article from Flyr (formerly Pace Revenue) one of our Expert Partners Subscribe to our weekly newsletter and stay up to date In the hospitality realm, most people consider revenue management to be something that only humans can do effectively. Now, with the advent of AI, that’s no longer the case.

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Artificial Intelligence: New Frontier for Elevating the Guest Experience?

Revenue Hub

Subscribe to our weekly newsletter and stay up to date Three Ways Artificial Intelligence Elevates the Guest Experience in Hospitality #1 Enhanced Communication and Engagement One of the significant impacts of AI in hospitality is its ability to transform communication between hotels and guests.