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What is Data Analysis? (with picture)

What is Data Analysis? (with picture) | Pricing & Revenue Management | Scoop.it
Data analysis is the organization of raw data to extract useful information. Unfortunately, data analysis can be dramatically...
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5 Lessons Revenue Managers Should Take from Football(Soccer) - OWL Hotel Analytics and Optimization

5 Lessons Revenue Managers Should Take from Football(Soccer) - OWL Hotel Analytics and Optimization | Pricing & Revenue Management | Scoop.it
The World Cup games have started and as excitement builds I can’t help but think of the Read more
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The Explainer: Porter's Five Forces

The Explainer: Porter's Five Forces | Pricing & Revenue Management | Scoop.it
The competitive forces that shape strategy — in under two minutes.
Rakesh Choodikottamel's insight:

Simple and easy ..... 

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Top 5 Reasons Why the Worst Revenue Managers Love their Comp Set - OWL Hotel Analytics and Optimization

Top 5 Reasons Why the Worst Revenue Managers Love their Comp Set - OWL Hotel Analytics and Optimization | Pricing & Revenue Management | Scoop.it
I love data served with math because it allows you to see patterns that you Read more
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TBOHolidays joins eRevMax Channel Ecosystem for seamless connectivity

TBOHolidays joins eRevMax Channel Ecosystem for seamless connectivity | Pricing & Revenue Management | Scoop.it
Dubai based channel initiates XML integration for greater access to hotel inventory
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Hotel Guest Loyalty Programs Obsolete

Hotel Guest Loyalty Programs Obsolete | Pricing & Revenue Management | Scoop.it
Time to review your hotel loyalty programs. Guest behavior changes, so should your loyalty scheme.
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Hotels and Travel Agencies Announce Expansion Plans, Earnings Results, Sponsorships, and Financial Strategies - Analyst Notes on Ctrip.com, Starwood Hotels & Resorts, Marriott, Hyatt and Extended S...

Hotels and Travel Agencies Announce Expansion Plans, Earnings Results, Sponsorships, and Financial Strategies - Analyst Notes on Ctrip.com, Starwood Hotels & Resorts, Marriott, Hyatt and Extended S... | Pricing & Revenue Management | Scoop.it
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Hospitality Net - 3 biggest myths about Occupancy | By Ira Vouk

Hospitality Net - 3 biggest myths about Occupancy | By Ira Vouk | Pricing & Revenue Management | Scoop.it
Occupancy is one of the three main indexes used in the science of Revenue Management
(along with ADR and RevPAR). It is the percentage of all rental units in the hotel that are
occupied at a given time. Occupancy is calculated as: number of occupied rooms/number
of total available rooms, and is expressed as a percentage.
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Maximizing revenues: Two prices are better than one - Business Monday - MiamiHerald.com

Maximizing revenues: Two prices are better than one - Business Monday - MiamiHerald.com | Pricing & Revenue Management | Scoop.it
It’s said that two heads are better than one. And the same is true for pricing. Two prices — or even more — are much more profitable than one.
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A Look At The Factors Driving 3M's Pricing

A Look At The Factors Driving 3M's Pricing | Pricing & Revenue Management | Scoop.it
We believe that 3M’s pricing is driven by its ability to introduce innovative products. It continuously invests in research and development to maintain its pricing power. Price increases are also dependent on the relative value of the local market currency.
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From Airlines to Hotels, a Quest to Help You Sleep

From Airlines to Hotels, a Quest to Help You Sleep | Pricing & Revenue Management | Scoop.it
The travel industry is offering custom bedding, headphones, essential oils and more to aid those who suffer from a sleep shortage on the road.
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Is RM facing paralysis by analysis? — Revenue Management — Medium

Is RM facing paralysis by analysis? — Revenue Management — Medium | Pricing & Revenue Management | Scoop.it
Corne is an entrepreneur who is constantly making the impossible possible.
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Hospitality Net - Limited Service Hotel Owner Opens the Benefits of Dynamic Revenue Management with iRates

Hospitality Net - Limited Service Hotel Owner Opens the Benefits  of Dynamic Revenue Management with iRates | Pricing & Revenue Management | Scoop.it
Comfort Inn at the Harbor sees first results after adopting iRates Revenue Management
system. Revenue Management is a "must have" activity for today's modern hotelier.
Constantly changing market and savvy customers require dynamic pricing daily. And
mid-tier hotel business practice requires simplicity as well as cost- time-efficient
Revenue Management tools. Created by revenue managers of middle-tier hotels,
iRates RMS was selected by Comfort Inn at the Harbor and shortly after implementation
generated immediate positive results.
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Expedia Starts Accepting Bitcoin for Hotel Bookings - MoneyBeat - WSJ

Expedia Starts Accepting Bitcoin for Hotel Bookings - MoneyBeat - WSJ | Pricing & Revenue Management | Scoop.it
Expedia will begin accepting the digital currency bitcoin for hotel bookings through its website, becoming the first major travel-agency to jump onto the bandwagon. If the reception is good, the company sees bringing bitcoin to its other service lines as well.
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Shift from OTAs to Dynamic Rate Marketing

Shift from OTAs to Dynamic Rate Marketing | Pricing & Revenue Management | Scoop.it
For many years, hoteliers have used traditional advertising techniques but Dynamic Rate Marketing (DRM) is a next-generation marketing technique that allows you to adjust rates; both higher and lower
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Why a Business Intelligence Tool is a Must for Hotels

Why a Business Intelligence Tool is a Must for Hotels | Pricing & Revenue Management | Scoop.it
Revenue management is so versatile that you can apply it on a no-tech, low-tech, and high-tech environment as described by Robert Cross in Hard-core Tactics for Market Domination 1. The hotel industry is definitely a high-tech environment. Keen observations and pure human intuition alone will not be enough to fully optimize its effectiveness. To be able to apply the proper revenue ... Read More
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8 Ways the Best Revenue Managers Have Re-Defined their Job - OWL Hotel Analytics and Optimization

8 Ways the Best Revenue Managers Have Re-Defined their Job - OWL Hotel Analytics and Optimization | Pricing & Revenue Management | Scoop.it
The 10,000 or so Hotel Revenue Managers around the world are self-dividing into two distinct Read more
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Why a Business Intelligence Tool is a Must for Hotels

Why a Business Intelligence Tool is a Must for Hotels | Pricing & Revenue Management | Scoop.it
Revenue management is so versatile that you can apply it on a no-tech, low-tech, and high-tech environment as described by Robert Cross in Hard-core Tactics for Market Domination 1. The hotel industry is definitely a high-tech environment. Keen observations and pure human intuition alone will not be enough to fully optimize its effectiveness. To be able to apply the proper revenue ... Read More
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Michael Porter Explains His Famous Five Forces And How They Can Be Used In Business Strategy - YouTube

Michael Porter Explains His Famous Five Forces And How They Can Be Used In Business Strategy Understanding Porter's Five Forces are important for any busines...
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Are you ready for a cloud property management system? - WhaTech

Are you ready for a cloud property management system? - WhaTech | Pricing & Revenue Management | Scoop.it
Cloud based property management software have been an important source of all hotels for more than two decades.
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Hospitality Net - 3 biggest myths about Occupancy | By Ira Vouk

Hospitality Net - 3 biggest myths about Occupancy | By Ira Vouk | Pricing & Revenue Management | Scoop.it
Occupancy is one of the three main indexes used in the science of Revenue Management
(along with ADR and RevPAR). It is the percentage of all rental units in the hotel that are
occupied at a given time. Occupancy is calculated as: number of occupied rooms/number
of total available rooms, and is expressed as a percentage.
more...
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Revenue Cycle Management

COMPLIMENTARY WEBINAR: Financial Metrics That Matter: Measuring More Than A/R Tuesday, May 27th, 2:00pm CT Our experts will share best practices for measuring the metrics that matter. Register Today!
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Why You Should Forget Facebook

Why You Should Forget Facebook | Pricing & Revenue Management | Scoop.it
Has Facebook got you fooled?Are you chasing likes for your brand page? Paying for fans? Maybe it’s time to stop.In 2008 I joined Facebook. It was the first social media network I decided to place a
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Should 4% of Customers dictate your strategy?

Should 4% of Customers dictate your strategy? | Pricing & Revenue Management | Scoop.it
As I line up to board the Delta flight from my home town of Sarasota, FL the announcement is made for all Diamond, Gold & Silver Customers to please board. At this point 75% of the people move
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