What did you think when ChatGPT first came out? Maybe you were in the “nice, but useless gadget” camp. Or did you immediately see it as a powerful tool that will shake up our industry? The latter has proven true. Artificial intelligence (AI) tools have only been available for a short time. But you can The post AI in Hospitality: New Trends in Booking Behavior and Distribution appeared first on Revfine.com.| Revfine.com
In a world defined by uncertainty, data gaps, and increasingly complex demand patterns, one truth stands out: automation alone isn’t enough — nor is relying solely on manual processes. The future lies in a Hybrid Revenue Management Strategy, where intelligent systems handle the heavy lifting while human insight fine-tunes the results. Incorporating Local Knowledge Into The post Redefining Revenue Strategy: When AI and Human Expertise Work Together appeared first on Revfine.com.| Revfine.com
We explore two components of a hotel’s technology - the Property Management System (PMS) and the Revenue Management System (RMS).| Revfine.com
This article explores the top three state-of-the-art revenue management technologies crucial for hoteliers in 2024.| Revfine.com