tag big-data-in-hotels 
Revenue Hub
NOVEMBER 1, 2023
Did you know that, on average, hotels using automated pricing solutions experience a 22% increase in revenue and a 4% increase in ADR? In addition, hotels using an automated pricing solution save 10 hours per week on average, eliminating the tedious, time-consuming process of manually calculating and updating room rates on Excel spreadsheets.
Revenue Hub
OCTOBER 30, 2023
While some of us are excited by the possibilities, others are understandably wary of the big picture impact it may bring. Addressing 5 fears of revenue management automation While there’s no killer robot revenue manager coming down the pipeline (rest easy, hotel sales teams), there are still some common concerns we can help address.
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Revenue Hub
JUNE 13, 2023
First, consider your hotel has a pricing path. Below, you can see a graph we’ll call “price tags.” Let’s start with these two types of hotel dynamic pricing. This starting price can coincide with the bottom rate when the historical data indicate a great amount of empty rooms. What are the bottom and starting prices?
Les Roches
DECEMBER 28, 2022
As a luxury marketing manager, you could find yourself working with world-renowned, big-name brands. It’s a big business and luxury brands come in all shapes and sizes, from fashion labels to motor cars and hotel resorts to whisky brands, all appealing to a high-end audience. . Business of luxury. What is the concept of luxury?
Larry Mogelonsky
JULY 20, 2023
The key concept here is that crossing the chasm of four digits in the price tag comes with some serious psychological baggage. If you want to play with the ‘big boys’, you’ve got to step up to the plate! Aptly expressed, as a member of the Mille Club, “Membership has its Responsibilities.” In other words, guest expectations jump.
SiteMinder
SEPTEMBER 6, 2023
While they can be a wild card in the hotel management game, they offer a unique opportunity to maximise occupancy and revenue. However, they do require a level of agility and real-time responsiveness from the hotel’s end to ensure a seamless guest experience. However, it isn’t just a matter of “more = better”.
Modern Restaurant Management
OCTOBER 16, 2019
In this edition of MRM News Bites, we feature Ono Food Co, DoorDash, Parts Town and Heritage Foodservice, Rouxbe, Presto, Burger King and Uber Eats, Pared, Tork, Restaurant Technologies, Willie Degel, Bolay, Ritual, Preoday and TISSL, AdTheorent and Voodoo Doughnut. World’s First Mobile Restaurant Powered by Advanced Robotics. Ono Food Co.
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