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Three Ways To Upper Your Revenue Management Game

1. Cancelable rate premiumIn hospitality we traditionally have a discount of 5 to 15% between the flex and the non-flex rate. This compared to other industry such as the travel industry is very low. The airline industry is taking advantage of this system and can sell a cancellable fare up to 4 or 5 time the price of the non-flex fare.

Key Takeaways From h2c's Global PMS Study That Every Hotelier Should Know

It is a well-known fact that today's travelers have high expectations of a tech-forward, efficient and ultimately personalized experience throughout their travel journey. In many ways, this marks an exciting era in hospitality and inspires technological advancement within an industry which is often hesitant to keep pace with technological evolution.