Revfine.com

🏨 Over 20 years, Franco Grasso’s team has assisted 2500+ properties in 30+ countries with hotel revenue management. Revenue management encompasses several factors like data, technology, and market segmentation to optimize hotel performance. Hotels employing strategic revenue management see benefits such as increased occupancy, profits, and harmonized operations. For instance, seasonal hotels can maximize revenue by extending operational periods and optimizing rates. An "ideal hotel" for revenue management, as described by Grasso, would be a 4-star property, well-located, and catering to both leisure and business travelers, without traditional amenities like a mini-bar.

📱 In 2025, hotels are shifting from third-party to first-party data, leveraging Customer Data Platforms (CDPs) for better guest profiles and enhanced experience. TikTok evolves as a major platform for hotels to create short-form videos and reach millennials and Gen Z. Micro and nano influencers are now valuable for hotels to engage niche audiences, while User-Generated Content (UGC) increases trust and conversions. Voice search optimization and local experience marketing become crucial to offer authentic experiences and meet guest expectations in the digital marketing landscape.

📈 In 2025, hoteliers adapt to generational changes, personalized experience demand, and revenue management beyond room sales, leveraging ancillary revenues and experiential travel. They utilize revenue optimization tools and technology for strategic decisions and offer memorable activities catering to Millennial/Gen Z travelers. Embracing digital transformation with agile systems is key for real-time decision-making and sustainable success. Hospitality leaders are urged to assess their technology ecosystems for gaps and integration potential.

🏨 In 2025, revenue managers in hospitality are navigating four major trends: AI for revenue optimization, productivity improvements to cut costs, shifts from OTAs to direct bookings for higher net revenue, and adapting to hybrid/extended stay models for increased RevPAG. AI is key for demand forecasting and personalization, while automation helps with operational efficiency and labor cost management. Direct bookings are being reclaimed via AI search tools, and long-term stay models are reshaped by remote work. These strategies aim to maximize hotel profitability and guest retention.