Revenue management of hotel inventory has long been the practice for hoteliers worldwide, both large and small, chain and independent. However, for the most part, traditional hotel revenue management is focused purely on maximizing sleeping room revenue with no regard for any other revenue associated with the hotel guest. […]
For a short time, Priceline - one of the two major "opaque" booking sites - is posting current and recent successful bid prices for hotel accommodations. Going the other way, a formerly "transparent" site, Quikbook, has added "opaque" booking features […]
Individuals shopping on HotelsCombined.com and choosing to make their hotel reservation with any Carlson Hotel will now find that the booking will be redirected to the respective brand site to complete their hotel reservation without any additional mark-ups or fees. […]
Revenue management professionals have had to combat several critical issues over the last year or so. Be it for customer rate resistance, contract renegotiations, competition or price wars, the going hasn’t been easy. […]
Foursquare, a location-based social network, plans to distribute a free analytics tool and dashboard in the coming weeks that will give business owners access to a range of information and statistics about visitors to their establishments. […]