IDeaS Revenue Solutions released its "Hotel Revenue Management Ultimate Buyer’s Guide." The guide was developed for hoteliers and revenue leaders investigating revenue-management technology. It provides key industry and business considerations to help position them to make informed, smarter and, ultimately, more profitable decisions.
The buyer’s guide is available at https://go.rev.ideas.com/hotel-revenue- management-buyers-guide.
The guide offers hospitality and travel industry outlook. The worldwide hotel industry is in the midst of a major transformation. Understanding a hotel’s demand, market and distribution environment has become more complex than ever before, and this data-dense reality has made it nearly impossible for hotel revenue managers to manually crunch the numbers accurately and efficiently.
It also includes key considerations—knowing what to look for and who to trust are imperative for any technology investment. The guide helps readers understand next-generation revenue-management fundamentals, formulate a business case for that investment, prepare the business and use critical evaluation tools to select the right technology partner for scale.
“I’ve spoken a lot about this over the course of my career, but today it is true more than ever before—if you aren’t leveraging data analytics, artificial intelligence and machine learning to automate your revenue, your hotel is already behind,” Ravi Mehrotra, IDeaS president/founder/chief scientist, said in a statement. “We have developed this guide to provide hotel technology buyers and revenue leaders with the tools they need to make informed decisions, today and into the future.”