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The Risks of Ignoring Revenue Management’s Budget Advice

Revfine

Question for Our Revenue Management Expert Panel: What happens if hotel owners do not listen to revenue managers during budget preparations? What advice would you give to an RM team when asked to justify their budget?

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What Do Guests Think About Dynamic Pricing?

Modern Restaurant Management

Sixty-five percent of consumers say dynamic pricing would make the decision of where and when to eat more difficult; 63 percent say it would make it harder to budget their restaurant spending. Modern Restaurant Management (MRM) magazine asked Molly Burke, senior restaurant analyst, Capterra, for additional insights on the survey results.

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Data Analytics: Creating More Value, Variety, and Visibility for the Travel Industry

Travel Booster

The travel industry also faces many challenges and opportunities, such as understanding and then adapting to customer behavior, responding to unpredictable global events, and embracing evolving technology without introducing risk. For leaders in upper management, this all adds up to complex, fateful decision-making.

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Hotel Management: Meaning, Types, and Operations

SiteMinder

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities.

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Hotel Management: Meaning, Types, and Operations

SiteMinder

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities.