No better time to revise your rate strategy

I remember the 2008 hotel industry downturn quite clearly. I had been covering the industry for about a year, writing for a hotel trade publication. While the downturn didn’t make for great P&L statements, it sure made for great headlines.

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Education is the key to revenue management success

by Ed Watkins, Contributing Editor | August 25, 2015

Mehmet Erdem is both a student and teacher of hotel technology. As an associate professor at the University of Nevada, Las Vegas William F. Harrah College of Hotel Administration, he teaches future hospitality executives the art and science of...

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The future of hotels could be shaped by guest data

Data, data, data. It’s become the crux of everything we do. Forecasts are built on it. Prices are set based on it. Operational decisions are made by analyzing it.

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Revenue strategy has to be a property-wide mission

Who on property is responsible for the revenue management of a hotel? Traditionally, revenue management has been dedicated to an individual tucked away in a dimly lit back office digging into spreadsheets for hours on end. Those days are done....

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