From revenue management to revenue strategy

The relatively new but firmly established hotel sector discipline of revenue management is more than ever at the forefront of building profitability.

To offset potential clashes between GMs, sales teams and revenue management departments regarding pricing strategies and optimization, some are demanding revenue management adopts new thinking and strategies

The goal: to pull in all available data, to forecast with the broadest possible view, to formulate a space where the entire team is more trusting of final information and to succeed in a crowded, competitive space. Read More

By: Terence Baker

Published in: Hotel News Now

The above is an extract of the original article available at Hotel News Now


About RezNext

RezNext is the world’s only true Real-Time Distribution Management Solution provider. It empowers hotels to adopt a distribution strategy that simplifies the complex global distribution environment and makes it understandable and manageable. It is integrated with revenue management, operating intelligence and powered with reputation management insights. RezNext’s portfolio of offerings include Rate & Channel Manager, Revenue Management, Online Reputation Management, Website Designing and Web Booking Engine, Mobile solutions, Central Reservation System, Business Intelligence, Property Management System (PMS) two-way connect, GDS and OTA Interface and Loyalty & Feedback Management. Our growing range of solutions can be access by hospitality properties across market segment and size, such as independent hotels, chain hotels, business hotels, resorts, clubs, service and limited service apartments, spas, restaurants and others.
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