Do you know what is common between big hotel chains Hyatt, Ramada, and The Leela? They all use revenue management strategies and software. In addition, other key players in India that use revenue management include Taj, Shangri-La, and even Intercontinental hotels. Revenue Management plays a crucial role in a hotel’s success. With the right pricing and revenue strategy, hotels can offer their rooms at a greater revenue. They can give it to the right customer … Read More

Over the course of time, hotels experience major shifts in demand, rigid supply, and high fixed costs. What is Revenue management in hotels? Hotel Revenue Management Software automates the process of data analytics to predict these shifts in demand and price. As a result, it helps in maximizing revenue and profits. Do you want to maximize revenue? Do you need RMS software that helps you make better pricing decisions? In this article, you will learn … Read More