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Topic
Operation Optimization: How tech integrations are changing the future of revenue management
Description
As the hospitality industry continues to adapt to the ‘new normal’, technology is leading the way to help hotels and casinos do more with less, especially when it comes to optimizing revenue. As more integrated solutions hit the market to address the staffing and forecasting challenges brought on by the pandemic, now is the perfect time to ask: What does the future look like for hotel rates and revenue management?
The answer comes down to understanding and actualizing the potential of a hospitality tech stack that integrates a central reservation system (CRS) and revenue management system (RMS). With this vital integration, your RMS drives the science behind the pricing while the CRS can layer in any business rules needed for restrictions, geo targeting or packaging. The result is more accurate forecasting, dynamic pricing that optimizes room rates, and driving guest engagement with targeted upsells.
Join Cendyn experts Kevin Duncan, VP, Product Management, and Beatrice Robbins, VP Product, on Thursday, September 22nd from 1pm -2pm ET to discuss the benefits of a CRS/RMS integration and how it can provide your team with the resources you need to stay ahead of the competition and sell rooms at the right price to the right guest.
During this informative webinar, you will learn:
• How to achieve a more accurate forecast at your hotel
• Key benefits of an integrated CRS and RMS, including:
-Effective pricing and yielding
-More efficient data-driven decisions
-Synchronization of real-time data and automation
-A more convenient customer booking experience that
drives more bookings
• The importance of the distribution technology trifecta
• New analytics to measure success of hotel rates and room
types
Recording Duration
00:27:00
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