Revenue Management

Hotels.com attributes the falling prices in North America to the economic slowdown and the subsequent reduced demand for rooms.

RateTiger's premium channel management product has now also been developed for the iPhone, giving hoteliers greater flexibility with rates and availability when unable to access a computer.

As a Gold Certified Partner, The Rainmaker Group demonstrated its expertise and proven capabilities with Microsoft technologies that meet customers' needs in the hospitality, gaming, multifamily housing and related industries.

This new pricing model includes GuestCentric's best-in-class hotel booking engine, hotel analytics, guest CRM and the just released social commerce tools.

Top be sure, 2010 will not be an easy year for hotels. In this particularly lean time, automated revenue management systems will continue to be precisely the adaptation the hotel industry is searching for in the post-recession landscape.

A new Cornell Center for Hospitality Research study finds that hotel guests are more likely to think a rate setting practice is fair when they know how the rules work.

According to the Pegasus View for October 2009, North America's corporate bookings have jumped +3.5% vs. October 2008, and leisure bookings have offset dwindling ADR with a +21% increase for the same period.

One of the largest challenges for international hotels is the effect of foreign exchange rates on profits. As explained in a new report from the Cornell Center for Hospitality Research, operational currency hedging occurs as a consequence of changes in "real" room rates and occupancy that arise from changes in relative currency values. Learn how revenue management can reduce the need for foreign exchange hedging.