Infographic – Hotel Revenue Management Trends 2020
eRevMax highlights top 5 trends that will shape hotel revenue strategy |
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Infographic – Hotel Revenue Management Trends 2020
eRevMax highlights top 5 trends that will shape hotel revenue strategy |
Category: Worldwide - Suppliers -
Providers
This is a press release selected by our editorial committee and published online for free on 2020-01-17
Filed by eRevMax Ltd.
eRevMax, the leading travel technology solution provider, has released an infographic on Hotel Revenue Management Trends 2020. Whether it is shifting focus from RevPAR to Revenue per available guest (RevPAG) or dynamic packaging – a lot has been happening in the hotel revenue management space and this infographic aims to highlight the key trends that will continue to influence revenue managers in the new decade.
In this era of rapid personalization, revenue managers are increasingly moving away from traditional KPIs to encapsulate all spheres of guest’s hotel spend for profit optimization. This in turn is driving them to focus even more on steering guests away from OTAs to their brand website for direct bookings. By integrating guest profiling with key market data like competitor rate movement, booking trends and pace, revenue managers are now leveraging artificial intelligence to make smart pricing decisions. Download the infographic to discover the trends that can help shape your revenue management strategy in 2020.
About eRevMaxeRevMax is a travel technology company that assists hotels through channel management, rate intelligence and connectivity solutions. The company connects multiple online channels to the hotels’ PMSs to seamlessly deliver ARI updates and reservations. eRevMax is known for its stable solutions with 99.9% product uptime and provides 24x7 customer support. It works closely with around 400 channel and technology partners assisting over 9000 hotels worldwide to increase revenue opportunities and streamline business processes. It is the connectivity partner of choice for large hotel groups, mid-scale chains as well as independent properties in both luxury and budget segment worldwide providing solutions through its core product brands - RateTiger, LiveOS and AgentX101.
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