The progression of the hospitality industry has transformed the revenue management as a central discipline in the hotel. Hotels of today are striving hard to gain more profitability by implementing the latest revenue management strategies and technologies which involve much more than just inventory and hotel price optimisation.
A channel manager along with an online reputation manager can fuel hotel bookings & and optimise its revPAR management, hence building a fool proof strategy
Hotels should consider all relevant factors including location, hotel size, star rating, published room rates, hotel type and brand affiliation as well as other not so obvious factors such as hotel guest sentiment, hotel facilities, and amenities, access to transportation, seasonality and mix of business.
Online Reputation Management tools are even more important for big chain hotels and enterprises, having many branches to monitor. Technology vendors are offering solutions with enterprise dashboards that makes comprehensive monitoring much easier, with one single screen.
RateGain helps hospitality and travel companies make more revenue every day. Founded in 2004, RateGain now has 12,000 clients around the globe including hotels, online ...