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 ...

Photo Credit: A study of 381 hotel revenue managers reveals a profession expecting change. Pictured here is a product demonstration at a 2016 customer conference of a software provider. The Rainmaker ...

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 ...

The enhancement draws on nearly 400 times more consumer rate shopping information and provides coverage across room types.

In today’s competitive hotel market, managing bookings efficiently across multiple platforms can be overwhelming without the right tools. A Channel Manager is a game-changer, especially for hotels ...

Hotel technology company Mews has raised $300 million to accelerate development of AI agents designed to autonomously manage ...

The whole can sometimes be greater than the sum of its parts. Marriott International Inc. found that to be true after it combined two revenue management systems into one. Revenue data collected by ...