Date: Thursday | September 30th, 2021
10:00AM – 11:00AM
The COVID-19 vaccine campaign has been accelerating national-wide promising a fast-track on loosening the hard lockdown. Hotel owners have started to look into their recovery plan, especially from a revenue management strategy approach.
Undeniably, all hotel operations financially are either directly or indirectly linked from a revenue management perspective. This financial aspect remains quite vague, ambiguous, and least appreciated to not only the management teams in particular but also to the hoteliers in general. However, it is understandable, coming up with an optimal rate is not easy math.
Optimal rate means room rate which maximizes the hotel’s best profits. This requires hoteliers to sit down with all departments and work out the revenue management algorithm themselves, their secured plan for the post-COVID-19 recovery.
In this month webinar, CiHMS would like to take you for a ride on the following long overdue issues regarding revenue management topic:
- What are the benefits of revenue management in the hospitality industry
- How to develop your own revenue management strategy to walk this hospitality recovery roadmap?
- What are the expectations?
- What is the role of data in the future of revenue management? Which technologies and trends help shape its form?
Look forward to the CiHMS September webinar with the key speakers on September 9th, 2021 at 10 am. Registration for the event is now available.