Development Hotels Software Review Strategy 
CIO
JANUARY 16, 2023
Choice Hotels International’s early and big bet on the cloud has allowed it to glean the many benefits of its digital transformation and devote more energies to a key corporate value — sustainability, its CIO maintains. It also helped reduce energy consumption and costs. It is the brains of everything — our core system.
Altexsoft
MARCH 27, 2023
As a hotel revenue manager, one of your key responsibilities is creating a pricing strategy tailored to the property and its market. Many hotels still rely on a fixed pricing strategy that uses a tiered pricing system based on room types. What is an open pricing strategy?
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Altexsoft
MARCH 26, 2021
In April 2020, the hotel occupancy in the US dropped to its lowest level ever — the bewildering 24.5 The annual average was roughly 44 percent, which means that more than half of hotel rooms were empty during the whole year. The hospitality industry was among those that suffered the most because of the COVID-19 pandemic.
Altexsoft
OCTOBER 12, 2023
With the right RMS in place, hotels and vacation rentals can optimize room pricing, enhance occupancy rates, and boost overall revenue. What is a revenue management system for hotels? Revenue management is a strategic approach to understanding and anticipating consumer behavior to determine optimal pricing strategies.
TechCrunch
SEPTEMBER 30, 2022
These employees are often always in demand due to traditionally high turnover rates, and yet, many still rely on paperwork and videos. The past two years have really shown that there’s a huge gap in software built for this deskless, hourly worker,” Desmond Lim, co-founder and CEO of Workstream, told TechCrunch.” There are 2.7
Altexsoft
MARCH 30, 2022
Upselling and cross-selling provide hotel owners and managers with the ability to drive greater profit from the same guest by timely offering valuable services. This post aims at explaining the key hotel upselling and cross-selling strategies, ways to digitize them effectively, and examples of existing software serving that purpose.
Altexsoft
NOVEMBER 6, 2020
Today, the share of walk-ins in the hotel industry keeps reducing annually. At the time of global digitalization, 75 percent of all hotel bookings are made online. Among that, 40 percent of the reservations are made via Booking.com, 32 percent — via other aggregators, and 21 percent — through a hotel’s website.
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