For small, independent hotels, manual revenue management is time-consuming and often too slow to respond effectively to market changes. An affordable RMS can automate this process, provided it has the right features. In this blog, we discuss the eight key considerations when choosing a supplier.
A minimum length of stay MinLOS is a smart way to get more value out of your occupancy. By applying a minimum number of nights at the right moments, you attract guests who stay longer, increase your revenue, and at the same time reduce operational pressure. In this blog, you will learn how it works and how to set it up in RevControl.
You can debate endlessly whether Artificial Intelligence will ever fully take over revenue management. But let’s set that discussion aside for now. What is interesting is how you can use automation in a smart way without losing control over your pricing. Small hint: it all comes down to having a strong revenue management system.