Rooms revenue management (RM) has been around for the past 25 years, has been widely adopted and has led to rooms revenue increases of 3 – 5%. Rooms RM systems and practices have increased in sophistication over the years as hotel operators and consulting companies have sought to fine tune the way in which they maximize revenue.
7 years, 5 months ago
I do this by regularly asking myself and my team a slew of questions to fine tune what we're already doing and find ways to add value for the future. I've narrowed it down to 11 essential questions I always want to be able to answer:
7 years, 6 months ago