What do 71% of revenue managers believe their job title should be changed to as a more accurate reflection of their role ?

A growing school of thought within the revenue management community believes that ‘Profit Management’ would be a more accurate reflection of their role as the focus moves to optimisation of GOPPAR.  Read more below. And while the rest of the working world seems to be on holiday, Expedia has been busy making headlines with the launch of Expedia Powered Technology, a suite of technology products designed to assist hotels with multiple aspects of their business. A big shift indeed. Read on.

Changing role of the revenue manager

Brainstorming concpets.

As the role of the revenue manager continues to grow, 71% of revenue managers believe that the discipline should be recognised as ‘profit management’ with the emphasis moving away from RevPAR and TRevPAR to measures exposing the profit each guest contributes to the bottom line. Read about this and how the role of the revenue manager is changing in Eye for Travel’s latest report.

Click here to read further

Expedia launches new toolkit for hotels

Global Strategy Virtual Icon Innovation Graph Interfaces.Young Business Team

Expedia expands beyond distribution as its launches Expedia Powered Technology , a suite of products to assist partners industry challenges. This shift aims to assist hotels in the areas of loyalty, revenue management and MICE bookings.

More information on Expedia Powered Technology here

Hotels May Try to Counter Airbnb’s Rise With Bets on Tech

Human resources concept on tablet with hologram

The recent Hotel Data Conference in Nashville failed to reach consensus about the impact of Airbnb on the hotel market. However, leading figures within the industry gave their views as to how the threat of Airbnb might be addressed  – and tech initiatives and personalisation featured high on the list.

Read more here

Time for a Digital declutter ?

Keep it simple business concept for marketing, creativity, project management.

Avoid creating the ‘Paradox of Choice’ on your hotel website – simplification could be the answer to driving those much sought after direct bookings.  Get ideas as how to streamline the Book Direct experience on your hotel website here.

How to simplify the online experience

Contact us to enquire about our training, outsourced revenue management and problem solving services designed to drive revenues and transform businesses. Contact Michelle on michelle@revenuebydesign.co.uk or on 07718 650 349 to discuss your individual revenue management requirements.

 

 

 

 

 

 

 

 

 

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