Infographic – Hotel Revenue Management Trends 2020


Posted February 6, 2020 by eRevMax

eRevMax highlights top 5 trends that will shape hotel revenue strategy

 
London, 17 January 2020: 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.
To see full infographic, click here - Hotel Revenue Management Trends 2020
https://www.erevmax.com/travel-solutions/erevmax-infographic.html

About eRevMax:
eRevMax 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. For more details, please visit http://www.erevmax.com/ or contact us on [email protected]
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Contact Email [email protected]
Issued By eRevMax
Phone +44 (0) 20 3865 0170
Business Address London
Country United Kingdom
Categories Technology
Tags hotel channel , hotel channel manager , hotel revenue management
Last Updated February 6, 2020