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Hotel revenue management is a system that hotels use to manage their revenue. It helps hoteliers improve the business’s revenue by managing the booking process, customer loyalty program, room distribution, pricing, and revenue-generation strategies effectively. In today’s competitive hospitality industry, hotel revenue management software plays a vital role in business management. Besides streamlining operations, it also helps […]

Channel management is the act of planning and executing strategies to increase channel sales. Its goal is to maximize revenue through strategic alignment of marketing, sales, channels, and operations. The channel management strategy aims at driving sales inbound and outbound channels by creating a holistic marketing plan that maximizes marketing ROI while minimizing costs.   What Is […]

When choosing a property management system, consider a few factors before deciding. A property management system should have an intuitive interface and be easy to use. Look for a system that has a minimalistic design and is functional with your business's needs. This will ensure that the PMS property management can function as intended without any complications. […]

A hotel management system is a software-based system designed to support the management operations of a hotel property. It allows hoteliers to simplify their daily tasks and save time and effort. Today, hotel management systems are widely used in business-class hotels, resorts, and guest accommodations. To ensure smooth operations, the hotel property management system should be user-friendly and […]

Management of hotel revenue is the process of influencing the revenue generated by hotels. It refers to the management of a hotel’s pricing, services, marketing, and operations. This management ensures profitability and customer satisfaction. Revenue management for hotel is important because it has the greatest impact on a hotel’s bottom line. It also determines how much the […]