The hotel sector is always changing, and in order to maximize their profits, hotels are increasingly using dynamic pricing. Hotels can boost their revenue potential by offering the right price at the right time through the use of dynamic pricing. This can be achieved by creating various rates for certain periods of the year or even days of the week. Hotel owners may make sure they are always giving the best deal for their rooms … Read More
What is total revenue management in hospitality? Total Revenue Management refers to managing each income stream for maximum profits. It helps hotels achieve their goal of increasing revenue and profits in a competitive market by integrating many revenue sources. The sources include F&B, banquet and conference facilities, spa, retail, activities, and more with room revenue management. In today’s digital world, our hotel revenue leaders can make well-informed decisions through advanced hotel tech and Revenue Management … Read More