Hotel Revenue Management
Why Boutique Hotels Can't Afford To Rely On Generic Revenue Management Strategies
Why Boutique Hotels Can't Afford to Rely on Generic Revenue Management Strategies Many independent and boutique hoteliers fall into a dangerous operational trap: they deploy automated revenue management systems (RMS) built natively for cookie-cutter, branded corporate hotels. Whether using highly complex software like IDeaS G3 or dynamic tools like Duetto, these automated systems rely heavily on historical linear regression models. They monitor local market occupancy, track when the nearest 500-room convention property slashes its rates, and instantly order your 40-room design hotel to drop its prices by $50 to "stay competitive."
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