Opinion Articles — Revenue Management Filter Opinion What’s in a Name? The Power of Pricing Terms What’s in a name? That which we call a rose by any other name would smell as sweet." This famous line by Shakespeare from ’Romeo and Juliet’ beautifully captures the essence of our discussion: the power of naming. In the realm of dynamic pricing, th... Sheryl KimesRevenue Management Expert CornellMore in this category Sales & MarketingMore in this category Revenue Management More like this Opinion Why Democratizing Data is the First Step to Successful Revenue Performance Today, most hotels possess more data than they know what to do with. And like most businesses that have jumped on the “data-driven” bandwagon, they quickly find themselves overwhelmed by the sheer quantity of data they end up with (to the point that... Andrew RubinacciChief Advisory Officer of FLYR for Hospitality FLYR (formerly Pace Revenue)More in this category Property TechnologyMore in this category Revenue ManagementMore in this category Lodging IndustryMore in this category Big Data More like this Opinion Analyzing and Predicting Demand for Overnight Accommodation Predicting demand for overnight accommodations is essential for everyone in the hospitality and tourism industry. Whether you manage a hotel, a vacation rental, or market an entire destination, understanding what draws people to your area is crucial... Anders JohanssonCEO of Demand Calendar Demand Calendar ABMore in this category Revenue Management More like this Opinion Point Vs. Integrated Hospitality Solutions: Which Approach to Tech is Right for You? The emergence of the tech stack was an important step for the hospitality industry. Adopting new applications—beyond the limitations of legacy, on-premise systems—has enabled hoteliers to kickstart their digital transformation efforts and unlock gre... Joe VargasSVP & General Manager, Infor Hospitality InforMore in this category Property TechnologyMore in this category Revenue Management More like this Opinion Operational Benchmarking in Practice Do you remember back in school when you learned about homographs? You remember, of course, those are words that have the same spelling as another word but have a different sound and meaning. What does this have to do with operational benchmarking? I... Arlene RamirezArlene Ramirez is a principal at Ascend HotStats LimitedMore in this category Revenue ManagementMore in this category Finance & AccountingMore in this category Big Data More like this Opinion Cayuga Hospitality Consultants Panel: Evolving Technology and Revenue Strategy During the Cayuga Hospitality Consultants Annual Conference 2023 in Dallas, a panel discussion was hosted around “Evolving Technology and Revenue Strategy”. Stephanie Sparks SmithCEO & Digital Matriarch, Cogwheel Marketing Cayuga Hospitality ConsultantsMore in this category Information TechnologyMore in this category Revenue ManagementMore in this category Events & Conferences More like this Opinion A Hotel Executive’s Guide to Unleashing the Power of AI-First Business Intelligence and Analytics Technology (Commercial Intelligence) When it comes to the hotel industry, commercial intelligence is quite literally the blueprint to success. Leveraging BI analytics and the data-driven insights from FLYR Hospitality means your hotel is always in line with, or even ahead of, the curve... Andrew RubinacciChief Advisory Officer of FLYR for Hospitality FLYR (formerly Pace Revenue)More in this category Information TechnologyMore in this category Revenue ManagementMore in this category Lodging IndustryMore in this category Big Data More like this Opinion Thoughts on the CoStar Class Action Lawsuit As someone who is a huge fan of hotel data, I had long used STR’s resources (as well as others) to maximize revenue at the hotels where I was working. Since transitioning into education about 10 years ago, I seem to also work STR’s reports into many... Tucker JohnsonInstructional Assistant Professor at University of Houston University of HoustonMore in this category Revenue ManagementMore in this category Legal More like this Opinion More Date = More Data... NOT More Insights More and more and more data....isn’t that what we are generally told? the newest trend, always "on", never miss a thing.....like a hamster on Red Bull trapped in the never ending story. Fabian BartnickFounder at Infinito InfinitoMore in this category Revenue Management More like this Opinion Wake Up, Everyone Does Revenue Management...oh and its an infinite game, not finite! Every day, we’re engaging in the art of revenue management, often without even realizing it. It’s not just a fancy term reserved for the boardrooms of big corporations; it’s happening on the streets of Dubai, along the bustling autobahns of Germany,... Fabian BartnickFounder at Infinito InfinitoMore in this category Revenue Management More like this The Hotel Yearbook ESG 2024 Unlocking the ESG Innovation Stack in Hospitality Download Your content on Hospitality Net? Hospitality Net membership explained
Opinion What’s in a Name? The Power of Pricing Terms What’s in a name? That which we call a rose by any other name would smell as sweet." This famous line by Shakespeare from ’Romeo and Juliet’ beautifully captures the essence of our discussion: the power of naming. In the realm of dynamic pricing, th... Sheryl KimesRevenue Management Expert CornellMore in this category Sales & MarketingMore in this category Revenue Management More like this
Opinion Why Democratizing Data is the First Step to Successful Revenue Performance Today, most hotels possess more data than they know what to do with. And like most businesses that have jumped on the “data-driven” bandwagon, they quickly find themselves overwhelmed by the sheer quantity of data they end up with (to the point that... Andrew RubinacciChief Advisory Officer of FLYR for Hospitality FLYR (formerly Pace Revenue)More in this category Property TechnologyMore in this category Revenue ManagementMore in this category Lodging IndustryMore in this category Big Data More like this
Opinion Analyzing and Predicting Demand for Overnight Accommodation Predicting demand for overnight accommodations is essential for everyone in the hospitality and tourism industry. Whether you manage a hotel, a vacation rental, or market an entire destination, understanding what draws people to your area is crucial... Anders JohanssonCEO of Demand Calendar Demand Calendar ABMore in this category Revenue Management More like this
Opinion Point Vs. Integrated Hospitality Solutions: Which Approach to Tech is Right for You? The emergence of the tech stack was an important step for the hospitality industry. Adopting new applications—beyond the limitations of legacy, on-premise systems—has enabled hoteliers to kickstart their digital transformation efforts and unlock gre... Joe VargasSVP & General Manager, Infor Hospitality InforMore in this category Property TechnologyMore in this category Revenue Management More like this
Opinion Operational Benchmarking in Practice Do you remember back in school when you learned about homographs? You remember, of course, those are words that have the same spelling as another word but have a different sound and meaning. What does this have to do with operational benchmarking? I... Arlene RamirezArlene Ramirez is a principal at Ascend HotStats LimitedMore in this category Revenue ManagementMore in this category Finance & AccountingMore in this category Big Data More like this
Opinion Cayuga Hospitality Consultants Panel: Evolving Technology and Revenue Strategy During the Cayuga Hospitality Consultants Annual Conference 2023 in Dallas, a panel discussion was hosted around “Evolving Technology and Revenue Strategy”. Stephanie Sparks SmithCEO & Digital Matriarch, Cogwheel Marketing Cayuga Hospitality ConsultantsMore in this category Information TechnologyMore in this category Revenue ManagementMore in this category Events & Conferences More like this
Opinion A Hotel Executive’s Guide to Unleashing the Power of AI-First Business Intelligence and Analytics Technology (Commercial Intelligence) When it comes to the hotel industry, commercial intelligence is quite literally the blueprint to success. Leveraging BI analytics and the data-driven insights from FLYR Hospitality means your hotel is always in line with, or even ahead of, the curve... Andrew RubinacciChief Advisory Officer of FLYR for Hospitality FLYR (formerly Pace Revenue)More in this category Information TechnologyMore in this category Revenue ManagementMore in this category Lodging IndustryMore in this category Big Data More like this
Opinion Thoughts on the CoStar Class Action Lawsuit As someone who is a huge fan of hotel data, I had long used STR’s resources (as well as others) to maximize revenue at the hotels where I was working. Since transitioning into education about 10 years ago, I seem to also work STR’s reports into many... Tucker JohnsonInstructional Assistant Professor at University of Houston University of HoustonMore in this category Revenue ManagementMore in this category Legal More like this
Opinion More Date = More Data... NOT More Insights More and more and more data....isn’t that what we are generally told? the newest trend, always "on", never miss a thing.....like a hamster on Red Bull trapped in the never ending story. Fabian BartnickFounder at Infinito InfinitoMore in this category Revenue Management More like this
Opinion Wake Up, Everyone Does Revenue Management...oh and its an infinite game, not finite! Every day, we’re engaging in the art of revenue management, often without even realizing it. It’s not just a fancy term reserved for the boardrooms of big corporations; it’s happening on the streets of Dubai, along the bustling autobahns of Germany,... Fabian BartnickFounder at Infinito InfinitoMore in this category Revenue Management More like this