The hospitality industry is no stranger to economic challenges, and today, hotels are facing increasing pressures as a result of rising employment costs. With recent
For many hotels and accommodation providers, outsourcing revenue management has become a strategic way to maximise profitability without expanding internal teams. But as AI and
These were the words of Guy Barnes, Head of Sales, Europe, Sabre Hospitality, speaking and sponsor of Global Revenue Forum 2024 to deliver an enlightening
Greg Land draws on his 30+ year career in the travel and technology space, to focus on the importance of innovation in building a resilient and efficient operational framework.
For Millennials and Gen Z travellers, connection and authenicity is key, and is reflected in the growing demand for experiential travel. What strategies can your hotel employ to captivate and appeal to consumers who prioritize experiences over tangible goods?
Greatly unexplored but hugely powerful is the role of consumer psychology in buying decisions. In our series, The Psychology of Pricing, we dig deeper to uncover how as revenue managers, an understanding of these subconscious ‘triggers to purchase’ can play a crucial role in our revenue strategies.
We look at the uptake of BNPL in Europe and ask why its not frequently being used by hotel companies, with many citing risk of non payment, not meeting the payment needs of the industry or simply being too complicated. We encourage those using it to get in touch and let us know how its working!
Why behavioural Science Matters Revenue Management At the Global Revenue Forum earlier this year in London, we put the customer firmly centre stage as we
Do you have plans for January 30th 2024? We know it’s summer, getaways are top of mind, and 2024 seems a lifetime away – but
When the stable becomes unstable Over the last decade or so the relatively stable economic environment particularly across Europe has meant revenue management strategies could
Revenue by Design works with hotels to provide affordable revenue management solutions designed to transform businesses.
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