Sat.Jul 13, 2024

article thumbnail

Hotel revenue management strategies and solutions

SiteMinder

What is hotel revenue management? Hotel revenue management is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. Other products such as hotel amenities and food and beverage offerings will also form part of the strategy. Revenue management revolves around measurement of what customers from different audience segments are willing to pay, as well as the ever-changing supply and demand within

Pricing 98
article thumbnail

Is AI the Answer to These Common Pain Points in Hospitality?

Revfine

The hospitality industry, defined by its dynamic nature and customer-centric operations, faces complex challenges that range from operational efficiency to enhancing guest experiences. Hotel teams need to excel at repetitive mundane tasks as well as those requiring sublime care and creativity. As technology evolves, artificial intelligence (AI) stands out as a transformative tool, offering solutions The post Is AI the Answer to These Common Pain Points in Hospitality?

article thumbnail

SYBARITIC SINGLE SALUTES FRANCE

Mary Gostelow

This Bastille Day, the Sybaritic Single celebrates la belle France since most of the material luxuries in his life come from the Fifth Republic. LVMH has been on a bold expansion into luxury hospitality and experiences. Last year, it unveiled the world’s first Louis Vuitton airport lounge as well as the world’s first airport Dior Luxury Beauty Retreat at the new expansion of Doha’s Hamad International Airport.