How to Get Back 30 Hours a Month to Focus on Strategic Decisions
Hotel revenue management has undergone a dramatic transformation over recent years. This is largely due to the crisis that the tourism sector has experienced as a result of the…
Ebook
How To Improve Your Hotel’s Pricing Strategy
In the last four decades, the hotel sector has thrived. The new online players in the booking process, emerging OTAs (Online Travel Agencies) and the constant change in travel behavior and search habits have created in highly competitive market.
The hotel sector has experienced a ‘tsunami’ over the last four decades.
In this context, it is essential to establish a solid pricing strategy that incorporates technology in decision making to ensure optimal occupancy in our hotel or hotel chain and the most profitable guests.
In our Ebook you will learn:
- Revenue Management: what it is, origin and basic concepts.
- Factors that affect the total demand of the accommodation.
- Why should you apply Revenue Management techniques in your hotel?
- What do you need in order to implement Revenue Management in your hotel?
- Future trends in hotel Revenue Management.
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Iñigo Armentia
“We are very satisfied with the implementation of BEONx in our hotel. Since we started using it, we have seen improvements in almost every aspect. The accuracy in our forecasts and price optimization has been very useful for us. Thanks to this, our ADR and RevPAR have increased, and we have managed occupancy much more efficiently with a more precise forecast.”
Alba de la Cruz
“BEONx RMS helps us in the daily management of revenue in our hotels, providing us with a wealth of automated information and simplifying all pricing and strategy decision processes, as well as their implementation in sales channels. Additionally, the price recommendations they offer are always constantly improving and very much in line with our strategy. Overall, they are continuously developing improvements that assist us daily and adapt perfectly to the ever-evolving market.”
María Aguado
“From my perspective as an analyst, I can say that BEONx has allowed me to be more agile in my daily reviews and expand my goals in revenue management, thanks to the ease of setting up the tool and the numerous management possibilities it offers.”
SUCCESS STORY
Our industry knowledge is deep and wide and we are proud to share practical tools and information on a wide array of revenue management and total profitability subjects.
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