A Scenario with my new tool Imagine your price-based RMS has been up and running for a few months now. You feel pretty good about a few of the recommendations you received. You’ve made a few rate changes that you might not have made before, and you’ve skipped a few that didn’t look correct. Your […]
Tag: Price Based RMS
Auditing Your Price Based RMS – Are you Getting the Desired Results?
Over the past decade the use of Revenue Management Systems (RMS) has grown dramatically. Beginning in about 2013 RMS systems shifted focus from big-box hotels to limited-service properties with fewer than 100 rooms. While estimates still show that fewer than 20% of all properties globally utilize some form of RMS, 45% of all revenues are […]
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