Revenue Management

McDreams Hotel Group Deploys Infor EzRMS to Automate Its Revenue Management Capabilities

Hospitality cloud software provider Infor is equipping the family-owned McDreams hotel group with Infor EzRMS, its powerful cloud-based revenue management solution. Infor EzRMS uses deep learning AI to provide enhanced revenue management functionalities and helps […]

Property Management Systems

Cloudbeds Raises $82 Million for Its All-In-One Hospitality Management Platform

Hospitality management solution provider Cloudbeds secured a series C minority investment of $82 million, led by Viking Global Investors with participation from PeakSpan Capital, Recruit Co., Ltd., Counterpart Ventures, and Cultivation Capital. Last month, PeakSpan […]

Announcement

Beonprice Unveils Redesigned Benchmark Assessment to Help Hoteliers Better Qualify Rates and Competitor Set

Challenging the adage quality over quantity, travel technology company Beonprice has redesigned the hospitality industry benchmark assessment to help hoteliers better qualify rates and competitor set in their revenue management strategies. The new Hotel Quality […]

In the Spotlight

Why AI-Powered Hotel Revenue Management Is Taking The Hospitality Industry By Storm

Automation has become the driving force in the evolution of revenue management. Leveraging advances in artificial intelligence and machine learning, the best of today’s solutions make pricing decisions and rate updates automatically. This allows revenue […]

Revenue Management

Royal Caribbean Enjoys Smooth Sailing with AI-Enabled Revenue Management

In the cruise industry pricing is becoming increasingly complex. At any given point in time Royal Caribbean International has around 4.5 million price points available in the market. Michael Goldner, Vice president, Revenue Management, Royal […]

Property Management Systems

1886 Crescent Hotel Sees Increase in Revenue With Maestro PMS’s Implementation of Two-way Interface with IDeaS RMS

Hotel property management solution provider Maestro PMS has successfully developed and implemented a real-time two-way interface with IDeaS G3 Revenue Management System (RMS), enabling customers to improve financial performance. “We have seen a marked increase […]