Automation and the Future of Revenue Optimization
In addition to being more collaborative, the revenue team of the future will be more data-driven, with analytics being an increasingly crucial skillset.
Showing Items with Revenue Management Category
The Collaborative Revenue Team of Tomorrow
While staffing ramps back up, the revenue team will retain the flexible configurations and operating efficiencies that it has developed in response to the crisis.
HSMAI PERSPECTIVE: Evolving to Meet the Crisis
How the pandemic is reshaping the hospitality industry in ways that are sure to have a lasting if not permanent impact.
Recovery Connections: Winning With Multi-Property Revenue Management
During a Recovery Connections session, IHG’s Sharon Paine, Aimbridge Hospitality’s Angela Englett, and Hilton’s Ivan Calil joined Red House Strategy’s David Warman to discuss how to implement revenue management for multiple properties, how to manage time, and much more.
How the Pandemic Has Changed the Revenue Team
Layoffs and furloughs have changed everything from how the revenue team is organized to how it operates — including clustering the function among multiple properties.
The New Revenue Team
HSMAI and Revenue Analytics present The New Revenue Team, a white paper offering insights into hospitality revenue during the COVID pandemic. The publication examines revenue teams during the pandemic and after the pandemic, and identifies the right solution for right now.
Recovery Connections: Changing Revenue Targets
Recovery Connections session speakers discuss hitting the bullseye when your target shrinks and expands.
‘Recovery Is Going to Take Time’: Leading Economist on 2021 and Beyond
Chief global economist at the Economic Outlook Group LLC Bernard Baumohl explained that there are four main factors that will affect the economy over the next year or more: the path of coronavirus, Congress’s next stimulus package, and the outcome of the presidential election.
Customer Demand, KPIs, and Other Priorities for Hotel CROs
HSMAI hosted a virtual Executive Roundtable for hospitality chief revenue officers in partnership with Clairvoyix, OTA Insight, Cendyn, STR, and ZS on Oct 6. Here are key takeaways from the group’s discussion.
Are Private Accommodations Recovering Faster Than Hotels?
Members of HSMAI’s Revenue Optimization Advisory Board expressed varying opinions on this matter during a call on Oct. 1. Here are some takeaways from the discussion.