If your revenue strategy still runs on spreadsheets, you're not just slow. According to Hospitality Net, you're carrying a portfolio performance risk.
Excel-based workflows create costly decision delays across hotel portfolios. The argument is simple: when every rate decision needs to be manually assembled from scattered tabs, the team ends up reacting to the market instead of leading it. That lag is not a productivity quibble. It's a money problem.
An effective RMSRMSA revenue management system uses demand, competitor and booking data to recommend the optimal price for each room and date. It automates decisions the revenue manager used to make by hand. IDeaS and Duetto are among t..., the article argues, should bring explainability, consolidation and a total cost of ownership that actually makes sense. My take: many hoteliers have been burned by RMS promises in the past, so they default to "the devil we know." But the devil now has a compounding interest problem. The fix isn't just better software, it's a mindset shift, one that treats pricing speed as a portfolio-level advantage.
For hoteliers, the opportunity is real: teams stop crunching, start deciding, and portfolios get the kind of real-time responsiveness that OTAsOTAAn online travel agency is a channel that sells accommodation and travel online in exchange for a commission. Booking.com and Expedia are the biggest. They bring volume and visibility, but charge commissions that eat... and direct channels reward.
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The brief hoteliers who buy technology read every morning.