What smarter revenue management looks like

Most pricing decisions in hotels still happen the same way they always have. Someone checks last year's figures or looks at upcoming bookings to makes a rough decision and manually updates the rates. This works until it doesn't anymore. 

The problem is that manual revenue management is always working with older data. By the time you've spotted a demand shift, adjusted your rates and confirmed the change across your channels, you’ve already missed the opportunity.  

This page brings together the guides, articles and case studies that help you act on it, organised around the specific revenue management challenges you're most likely dealing with right now. 

Recognise your hotel revenue challenges

Start with looking for the most relatable challenge your hotel might be going thorough right now to see what practical steps you can take to find the best solution.

You're still setting rates manually

Manual rate management is always working with older data. This guide covers why that gap exists and what a connected revenue management strategy looks like instead.

Explore the guide

You want to move to dynamic pricing but don't know where to start

Dynamic pricing is about having a system that monitors booking behaviour, responds to your competitive set and pushes rate changes across your channels automatically without anyone having to touch them.

Read the article

Your RevPAR isn't where it should be

RevPAR is the number that tells you whether your rate strategy and your occupancy are working together. If it's underperforming, the cause is usually one of a small number of easily fixable things.

Work out your RevPAR

Why hoteliers are moving away from manual revenue management

hrs

wasted per year switching between hotel systems

separate systems used on average in hotels

%

operators only say they are confident in the data they get from their current system

Revenue teams can spend 15–20 hours a week on tasks an RMS can complete in minutes. Over a year, that’s a huge amount of time that could be redirected to strategy.

David Esteban, Senior Product Manager Access Hospitality

You keep missing demand spikes until it's too late

Events, bank holidays, school breaks and local conferences are all demand spikes that don't always come from where you expect.

Recognise your demand spikes

Your channel distribution mix is costing you margin

Not every booking channel returns the same profit. You might be making distribution decisions that protect occupancy but quietly hurt your margins and you may not see it until it's already happened.

Read the blog

Cancellations are eating into your revenue

Cancellations cost more than the lost room revenue. Understanding why guests cancel and what keeps them committed is a revenue management problem as much as a guest experience one.

Discover the article

You want to see what an RMS actually delivers in practice

See how 7 Hospitality Management uses Access Hospitality's connected hotel technology and RMS software to manage operations and revenue across their portfolio.

Read the case study

You're evaluating hotel RMS software and need to know what to look for

Not all hotel RMS software is built the same way. You need to think about real-time data, demand forecasting built on your own booking history, integration with your existing systems and a system your team will actually use.

Getting you started with hotel RMS

You want to see what an RMS actually delivers in practice

%

RevPAR Growth

Improve revenue per available room with streamlined operations and better guest experiences.

%

Occupancy Uplift

Properties typically see 8%–51% occupancy uplift with smarter distribution and pricing.

hrs

Saved Every Week

Automate routine tasks to save staff time and improve operational efficiency.

You want to maximise your hotel revenue but don't know where to start 

Watch our experts take you through the benefits of having a hotel RMS and what it can do for your teams and help give you valuable time back. See how you can make better predictions of market trends and optimise your hotel pricing in real time.You want to maximise your hotel revenue but don't know where to start 

Read the case study

See how 7 Hospitality Management uses Access Hospitality's connected hotel technology and RMS software to manage operations and revenue across their portfolio. A practical look at what changes when your systems are working together rather than in isolation.

Getting you started with hotel RMS

Your hotel RMS is only as good as the data it can see. It should connect with your core hotel systems like your PMS, CRS and your channel manager so rate changes flow through automatically.
 
The hotel market moves in real time and fast. Your revenue management system should too by analysing live booking data and competitor rates in the background without a second thought. 
 
The most sophisticated revenue management platform doesn't help if your team finds it too complex. Look for one that surfaces the right information clearly and handles the routine work automatically.
 
Download our RMS evaluation checklist to help you get on the right track.

Ready to see what changes when your revenue management actually works?

Our hotel RMS gives you real-time pricing, demand forecasting and channel visibility without the manual work. Explore the product or book a demo to see it in your hotel operation.