RMS Revenue Management System Team Meeting
What is a Revenue Management System or RMS? Revenue Management Systems analyse internal data, market supply and customer demand to calculate the ideal rates for your rooms. This allows you to optimise pricing across your distribution channels from one centralised dashboard. Their use has grown rapidly in recent years. However, we still see 80-90% of...
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Article Blog post Catala Consulting
Background: Hotel Revenue Management Have you ever heard of revenue management? Well, if you are working in the hospitality or airlines industry most probably yes. However, if this is the first time you hear of it, that’s your lucky day! To summarize what revenue management is about: it is a technique to optimize revenue from...
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Lisbon by night Catala Consulting
Another insightful report for owners and revenue managers for Forecast and Budget 2019 distributed by PwC Hospitality! In a nutshell: 2017 was an exceptional performance for travel in Europe driven by the southern and Mediterranean region. Strong demand of European within Europe. US, China and Russia demand definitely coming back and positively impacting European performance....
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