Many businesses conduct revenue management activities in order to achieve the highest possible profit from a limited number of products or services available for sale. Hotels conduct various revenue ...

Revenue management technology provider LodgIQ has introduced a generative AI platform developed for hotel revenue management ...

Running a hotel has always required a delicate blend of intuition and data. For years many owners have relied on experience ...

The large majority of hotels still rely on Excel spreadsheets, trial and error, and gut feeling when setting prices. In an increasingly complicated distribution landscape, many will start looking at ...

According to Dr. Peter Bell of the Ivey School of Business, revenue management is the "science and art of enhancing firm revenues while selling essentially the same amount of product." An article in ...

Revenue-management tools are ubiquitous across sectors, but many hotel owners, operators, and management companies use such tools on a daily basis. As these products have improved, many have ...

After the darkest two years in the history of the hotel industry, 2022 offered a chance to smile again. The party from pent-up demand can’t last forever, though. As revenue managers look ahead to 2023 ...

Discover how Revenue Per Occupied Room (RevPOR) helps measure hotel performance by analyzing guest spending, beyond occupancy rates.