What is Hotel Revenue Management & Its History? Hotels do not always sell their rooms at the same pace. There are high tides and low tides that depend on many factors like business environment, seasons, festivals, markets, sales teams, etc. The price of a room varies with demand and supply. Knowing the market and making decisions to increase rates and availability is crucial to gaining market share and keeping pace with the competitors. So, what … Read More

What is Data Analytics for Managers & Hotel Owners? Data Analytics is the process of looking at different aspects of a given dataset to find trends and solutions. In the past, it was a hefty task that required lots of work and dedication. Now, it has become much easier due to technology. The hospitality sector is adopting data analytics as technology advances and more industries follow the trend. Since the COVID-19 pandemic has imposed many … Read More