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EC designates Booking com as a gatekeeper - Reason for Hotels to Celebrate?

EC designates Booking com as a gatekeeper - Reason for Hotels to Celebrate?
hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.

Simone puortoOleksii kapichinMax starkovMargrethe vestagerSilvia cantarellaHarald bindeusMark fancourtTrevor stuart hillTimothy wiersmaEuropean hotelsPrincipal revenue generationEuropean commissionWill european hotelsRevenue generationWorld wide webBooking gatekeeper

The Future of Revenue Managers in the Age of AI Co-pilots: Evolution, Revolution or Goodbye Revenue Managers?

The Future of Revenue Managers in the Age of AI Co-pilots: Evolution, Revolution or Goodbye Revenue Managers?
hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.

Kelly mcguireHarald bindeusPablo torresMax starkovOleksii kapichinMister spockKurt cobainDiego fernandez perezIra voukSimone puortoRevenue management palladium hotel groupHospitality technologyInventory managementRevenue managerRevenue management systemRevenue management

Wellness vs F&B: New Recipe for Revenue Maximisation in Hotels?

In recent years, wellness tourism has emerged as a powerhouse in the global travel industry, with the market expected to reach a staggering USD 2.1 trillion by 2030. In response to the experiences during the pandemic that stressed the value of wellness, travel habits have now led towards seeking destinations that support physical and psychological health. Around the globe, renowned hotel brands now consider wellness as a key element in their offerings. Insights shared by Skift about the Wellness Real Estate Report 2023, released by RLA Global, claim that multiple brands, including Hilton and IHG, are expanding their services into the realm of wellness.

Timothy wiersmaRaul morontaMichael yeomansOleksii kapichinSilvia cantarellaMax starkovSpa departmentBusiness intelligence data solutionsPrincipal revenue generationWellness real estate reportCatala consultingChief commercial officerVice presidentBusiness intelligenceData solutionsRevenue generation

Do the OTAs generate travel demand in hospitality? Part II - Revenue Management Experts Point of View

Typically, the demand for tourism to a particular destination is a function of a myriad of factors, including general state of the economy in originating country and destination, levels of income of tourists, the cost of travel and time to travel from the tourists homes to the destination, trends in price levels - increasing or decreasing, competition from other destinations, currency exchange rates, etc.

City ofUnited kingdomFrance generalTrevor stuart hillSilvia cantarellaLas vegasRaul morontaOleksii kapichinRevenue companyRemington hotelsWorld exampleElton john concertSocial mediaChief commercial officerManagement expertCommercial strategy

Meaningful innovation, or technology for technology s sake?

Almost everyone would agree that the pace of technological advances in hospitality has accelerated since the pandemic, when many technology providers were forced to redesign their offerings in response to one of the largest catalysts for change that the world has ever seen. Revenue management tools were quickly re-worked to be forward-looking versus relying on historical trends, and now machine learning is being applied to everything from creating the ideal travel itinerary to cleaning up the coding that night auditors have been screwing up for decades.

Scott dahlMax starkovDiego fernandez perezKelly mcguireOleksii kapichinPablo torresRaul morontaPavel orlovHarald bindeusWurzak hotel groupForbes technology councilRevenue management palladium hotel groupRemington hotelsStrategy weekRevenue managerDemand manager