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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. ....

Scott Dahl , Max Starkov , Diego Fernandez Perez , Kelly Mcguire , Oleksii Kapichin , Pablo Torres , Raul Moronta , Pavel Orlov , Harald Bindeus , Wurzak Hotel Group , Forbes Technology Council , Revenue Management Palladium Hotel Group , Remington Hotels , Strategy Week , Revenue Manager , Demand Manager , Revenue Analyst , Chief Commercial Officer , Revenue Management , Robotic Process Automation , Artificial Intelligence , Wurzak Hotel ,

Happy New Year! Top revenue leaders' prophecies and resolutions for 2023.

Throughout 2022 The Revenue Optimization panel addressed a number of interesting topics including emerging decision making technologies, moving beyond RevPAR to focus on profitability, driving ancillary revenue, the evolving role of the Revenue Manager, and even how to avoid the fine line between data-driven decision making and analysis paralysis. ....

Raul Moronta , Oleksii Kapichin , Timothy Wiersma , Enzo Aita , Ira Vouk , Michael Yeomans , Max Starkov , Pablo Torres , Scott Dahl , Principal Revenue Generation , Remington Hotels , Hospitality Technology , Business Intelligence Data Solutions , Wurzak Hotel Group , Revenue Optimization , Revenue Manager , Revenue Management , Revenue Management System , Chief Commercial Officer , Digital Marketing , Strategy Systems , Attribute Based Selling , Vice President , Business Intelligence , Data Solutions , Revenue Generation ,

A Look at the Major US Hotel Sales in Q3 | By Daniel H. Lesser

Economists, politicians, and business leaders are split on whether the U.S. economy is heading for a recession, is already in one, or will merely experience a slowdown. With continued supply chain disruptions, geopolitical conflicts (most notably the war in Ukraine), and the Fed’s determination to continue increasing the federal funds interest rate, there is tremendous uncertainty around inflation and where the economy is heading. Mixed signals abound, however U.S. gross domestic product (GDP) increased for the first time this year in the third quarter, expanding at a higher-than-expected 2.6 percent annually. Unemployment remains low, wage increases are strong and while growth and earnings are slowing, most consumers and corporations are in good financial condition with healthy underlying credit. ....

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