Revenue management trends for 2020 and beyond
The revenue management trends that will make you more money in 2020 and beyond
In the decade ahead, we are entering the Golden Age of Revenue management – an era where technology finally lives up to the hype. The widespread adoption of revenue technology has given professionals freedom from tedious repetitive tasks and allows them to create space for a more strategic approach to their jobs.
These changes and shifts in the industry have been governed by some exciting trends in the industry. Each trend has gained traction specifically because it helps hotels not just increase overall revenues but maximize total profit. It’s the driving force pushing the discipline forward into the 2020s.