How Hotels Use Revenue Tools for Trend Prediction and Guest Insights
📈 Hotels are leveraging integrated systems to enhance revenue management by connecting RMS, CRM, PMS, and marketing tools. By utilizing AI-driven forecasting and considering external factors like weather and competitor pricing, hotels adjust in real-time. Personalization is key; offering tailored deals based on guest preferences boosts retention and upsells. The focus is shifting from mere pricing to understanding guest behavior and meeting their needs preemptively.
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