Revenue Hub

SEPTEMBER 27, 2024

NB: This is an article from Knowland Subscribe to our weekly newsletter and stay up to date Also known as attribute-based pricing, the shift allows guests to customize their stay by selecting only the necessary services, potentially reducing costs and enhancing their overall experience.

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Revenue Hub

APRIL 3, 2025

NB: This is an article from LodgIQ , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Maybe you were traveling, off-site, or simply away when an opportunity or threat presented itself. In this article, Ill show you why modern revenue management must be mobile, reactive, and decentralized.

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Revenue Hub

NOVEMBER 20, 2024

NB: This is an article from RoomPriceGenie , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Do guests and staff often get confused about the differences among room types? To help, here is an introductory guide to managing room descriptions, photos, and pricing to maximize returns on your room inventory.

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Revenue Hub

FEBRUARY 11, 2025

NB: This is an article from Curacity Subscribe to our weekly newsletter and stay up to date Perplexity, an emerging AI-powered search and answer engine, recently adopted a CPM (Cost Per Thousand Impressions) model, signaling a shift in how high-consideration industries like hospitality should think about marketing and attribution.

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Revenue Hub

MARCH 31, 2025

NB: This is an article from ARO Digital Subscribe to our weekly newsletter and stay up to date But with the right digital strategy in place, its entirely possible to keep rooms full, drive direct bookings, and maximise revenue as you transition into the busier season. April and May are traditionally unpredictable months for hotel occupancy.

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Revenue Hub

FEBRUARY 1, 2023

We have a long history and exceptional pedigree in intelligent pricing automation, initially in digital advertising and then in hotels. And now we are providing pricing automation to the live entertainment industry. Charging the optimal price at all times is a huge benefit for our clients.

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Revenue Hub

JULY 4, 2023

NB: This is an article from WebRezPro But as inflation and high flight prices persist, the revenge travel surge may start to wane. As the cost of living continues to rise, so will travelers’ price sensitivity. Keep reading for ideas… Value-added packages Attract price-sensitive guests by offering added value.

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Revenue Hub

JANUARY 17, 2024

NB: This is an article from BEONx , one of our Expert Partners During the last few years, a unique and powerful phenomenon has occurred in this industry market: we have been witnesses of a swing similar to that of a pendulum, not only recovering from the challenging situation of the COVID-19 pandemic, but surpassing unexpected limits.

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Revenue Hub

NOVEMBER 26, 2024

NB: This is an article from Chekin Subscribe to our weekly newsletter and stay up to date Winter doesn’t arrive and instantly drop footfall for every hotel – after all, for a ski resort, winter might be the peak season! Let’s take a look at some key methods you can use to manage seasonal fluctuations.

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Revenue Hub

OCTOBER 30, 2024

NB: This is an article from Topline , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date It’s a world of covert operations, hidden agendas, and strategic maneuvering. Welcome to the “rate wars,” where hoteliers engage in a constant game of pricing cat and mouse.

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Revenue Hub

JANUARY 28, 2025

NB: This is an article from Hotellistat , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date With the increasing technological presence in both private and professional life, the search for innovative solutions is increasingly leading to Artificial Intelligence (AI). Below, the main findings are outlined.

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Revenue Hub

MARCH 14, 2023

NB: This is an article from Roomdex , one of our Expert Partners If people love premium room types so much, why are there so few of them and so few premium bookings? A consumer’s perception of what the appropriate price is has been made even harder by the power of the OTAs. Attribute Based Selling (ABS) holds the answer.

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Restaurant Engine

DECEMBER 25, 2024

There are several reasons for this, including your food, your pricing, and your customer service. In this article, we look at how to tell your restaurants story through branding. The dishes you offer, their presentation, where you get your ingredients, and how you lay out your menu. Why Tell a Story?

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Revenue Hub

APRIL 11, 2023

NB: This is an article from LodgIQ Hoffman was certainly not alone in his observations; while AI has long been viewed as a promise of the future, the technology has recently reached an inflection point that sees it grasping mainstream attention, interest, and buy-in. Most importantly, AI takes the guesswork out of pricing.

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Revenue Hub

JANUARY 28, 2025

The world of pricing and revenue management is entering a new era. NB: This is an article from Aggregate Intelligence , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date These intelligent systems are redefining how we interact with data, make decisions, and drive value across the business.

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Larry Mogelonsky

MARCH 12, 2025

While my argumentation in favor of including periodic sources of high-quality and properly cooked animal meats and organs is subject for a whole other lengthy article, if you take away nothing else from this particular essay its to include more mushrooms in your diet.

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Modern Restaurant Management

MAY 10, 2022

Nobody has time for that when there is a crowded dining room, to-go orders flying out the window and customers complaining about their favorite menu items going up in price. We’re going to park this one here until a little later in this article. Are you doing anything with that data? Partner with Supply Chain Experts.

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Revenue Hub

FEBRUARY 26, 2025

From poring over data to scouring competitors and hoping the room rates are the right price to attract visitors, they can make daily adjustments that never quite work. NB: This is an article from Franco Grasso , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date The problem is a simple one.

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Larry Mogelonsky

MARCH 17, 2025

While much has been rightfully said about use cases like machine learning (ML) impacting personalized guest offers or microsegmentation and generative AI (genAI) helping with contextual marketing or summarization for staff, for this focused article lets shift gears from the rooms division into the spa and wellness facilities.

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Modern Restaurant Management

JUNE 14, 2022

Last month, our article summarized the “state of the market” for employee benefits in the restaurant sector. In our last article in MRM, we noted that none of our restaurant groups raised employee medical premiums for the 2022 plan year. Restaurants Can’t Increase Employee Premiums.

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Revenue Hub

DECEMBER 5, 2024

NB: This is an article from BEONx , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date For hotels, this event presents an interesting dichotomy: it is a powerful tool to attract new customers and fill rooms, but it can also punish and cannibalize future sales. Friend or foe?

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Modern Restaurant Management

FEBRUARY 13, 2024

This article explores some considerations for updating three key sections of your FDD this season and why franchisors should focus on them. Where franchisors can miss an important opportunity is in the presentation of the financial information. Of course, the information must always be truthful and not misleading.

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Revenue Hub

FEBRUARY 9, 2024

It’s a unique opportunity to examine the hotel pricing trends and patterns emerging in the run-up to the Games. NB: This is an article from Lighthouse (formerly OTA Insight) Subscribe to our weekly newsletter and stay up to date So what is the impact of the 2024 Olympic Games on Paris’s travel & hospitality industry?

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Hotelogix

JANUARY 19, 2025

By presenting this information clearly and engagingly, you not only answer their questions but also make your property the obvious choice.  Articles such as “Top Attractions Near [Your Hotel]” or “Hidden Gems in [City Name]” not only improve your SEO but also position your property as a local expert.

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Revenue Hub

OCTOBER 8, 2024

The hotel shoulder season – those quieter months between the peak and off-peak travel periods – presents a unique opportunity for hotels to increase revenue while navigating a slower pace. Read the full article at Tripleseat The post Hotel Shoulder Season: Tips to Maximize Hotel Performance appeared first on Revenue Hub.

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Revenue Hub

AUGUST 14, 2024

NB: This is an article from Triptease , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Booking are smart, and they’re not going to let a designation CEO Glenn Fogel calls “dumb” keep them from maintaining their dominant position in the EU hospitality landscape. appeared first on Revenue Hub.

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Revenue Hub

JUNE 26, 2024

In revenue management, the search for optimal pricing strategies is perpetual. To overcome these challenges, deep reinforcement learning (RL) presents a compelling alternative. However, in pricing strategies, defining these labels is often tricky.

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Revenue Hub

OCTOBER 15, 2024

If something is included in the price but the buyer hasn’t asked for it, it’s a questionable benefit and possibly a detriment. Not long ago, Delta doubled down on experience attribute pricing by tying boarding priority (something many fliers care about) to specific purchased branded fares (~24% of its revenue comes from ancillaries).

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Revenue Hub

JUNE 10, 2024

NB: This is an article from eZee Absolute Subscribe to our weekly newsletter and stay up to date For example, Inspirato , a luxury vacation home, offers a special subscription model that allows its members to book unlimited stays in 5-star properties including cruises and their vacation homes.

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Revenue Hub

DECEMBER 1, 2023

NB: This is an article from APS (Above Property Services) Subscribe to our weekly newsletter and stay up to date In response to these challenges, the industry is turning towards innovative pricing strategies, with Attribute-Based Selling (ABS) (also known as Attribute-based Pricing) emerging as a notable trend.

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Revenue Hub

NOVEMBER 8, 2023

NB: This is an article from Triptease , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date No matter the size of your marketing team, there are certain calendar dates when the workload ramps up, steep goals are set and everyone feels just that little bit more frantic. But it doesn’t have to be this way!

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Revenue Hub

JANUARY 9, 2024

According to Trootech, the present AI market stand October 2023 is worth over 300 billion EUR, and AI has become the number one priority for 83% of businesses around the globe. Revenue managers would use spreadsheets and basic forecasting tools to make pricing decisions, often overlooking the complexity of the market dynamics.

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Revenue Hub

AUGUST 14, 2024

NB: This is an article from Userguest , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date But what if there was a way to reduce your dependence on OTAs while still driving high occupancy rates? Price Comparison Widget One of the biggest reasons guests turn to OTAs is to compare prices.

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Revenue Hub

SEPTEMBER 25, 2023

NB: This is an article from Agilysys These travellers, who seek accommodation on short notice or without pre-planned reservations, present both opportunities and challenges for hotels. In this article, we will explore the effect of transient travellers on hotel revenue and strategies for capitalizing on this dynamic market segment.

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Revenue Hub

JUNE 26, 2023

NB: This is an article from RateGain In the hospitality industry, demand fluctuates throughout the year due to various factors such as weather, holidays, events, and travel patterns. While peak seasons present new revenue opportunities, off-peak seasons are characterized by the challenges they pose for the revenue managers.

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Revenue Hub

JANUARY 31, 2023

NB: This is an article from berner+becker , one of our Expert Partners Due to their size and the amenities they offer to guests, lodging establishments are even more affected by the cost increase than consumers or private households. Price stability: Due to the openly communicated energy flat rate, the remaining prices can be kept stable.

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Revenue Hub

JANUARY 25, 2024

NB: This is an article from Shiji Group Global Review Trends The report analysed over 9,500 hotels worldwide, encompassing over 3 million reviews and 9.5 Concerns over Price and Additional Services A significant number of negative reviews were related to price concerns. million mentions. points, respectively.

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