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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?
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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. ....

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Palladium Hotel Group and Juyo Analytics partner on Hospitality Data Platform

Palladium Hotel Group, a Spanish global leader in hospitality, and Juyo Analytics, a leading provider of Hotel Analytics and Business Intelligence Solutions, have announced today that Palladium Hotel Group will start using Juyo’s new Data Platform technology across its organization. This new Juyo product helps large hotel chains and asset management organizations with a hotel portfolio to get more value out of their data. ....

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Should hoteliers allow group bookings via the OTAs?

The OTAs have been trying to enter the leisure group booking market for decades now. Traditionally, hoteliers have been reluctant to allow the OTAs to enter the lucrative group market, limiting their OTA exposure to the transient leisure and unmanaged business market. ....

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How to build your pricing strategy in today's reality?

Though there has been continual evolution over the last two decades in the way hoteliers monetize the power of data to make pricing and strategy decisions, one constant remained: The dependence on historical data. Then along came COVID-19 and its impact on travel created historical comparisons that were so distorted that they were meaningless in the old decision-making process. ....

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