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Domestic airlines asked to share route-wise tariff in India

Domestic airlines asked to share route-wise tariff in India, (Domestic airlines asked to share route-wise tariff in India)

The Ministry of Civil Aviation in India has decided to monitor route-wise tariff of all domestic airlines across their network.

Benefitting from the usage of algorithms in hotel revenue management

Benefitting from the usage of algorithms in hotel revenue management , (Benefitting from the usage of algorithms in hotel revenue management )

In the world of business, where systematic problem-solving and decision-making are the norm, the use of algorithms provides a wealth of advantages for hotel owners when it comes to managing revenue and increasing profits.

Tiger Airways sets up new division for online revenue opportunities

Tiger Airways sets up new division for online revenue opportunities , (Tiger Airways sets up new division for online revenue opportunities )

Tiger Airways is setting up a new business unit built around its website www.tigerairways.com. The initiative is being taken to leverage online revenue opportunities and increase the airline’s global ranking for ancillary revenues.

Using traditional hotel management practices with new technology for optimum results

Using traditional hotel management practices with new technology for optimum results, (Using traditional hotel management practices with new technology for optimum results)

With the advancement of technology, the best methods for optimising hotel revenue management now include much more than the traditional practices of hotels in the past.

Enabling revenue managers to quantify future demand based on current market data

Enabling revenue managers to quantify future demand based on current market data , (Enabling revenue managers to quantify future demand based on current market data )

Amadeus has partnered with start-up Forward Data to launch ‘Forward Keys’, a solution enabling revenue managers to quantify future demand based on tangible, current market data supplied by Amadeus.

Hyatt’s Q3 RevPAR increases as a result of improved demand

Hyatt’s Q3 RevPAR increases as a result of improved demand, (Hyatt’s Q3 RevPAR increases as a result of improved demand)

Hyatt Hotels Corporation’s third-quarter earnings soared as the company’s net income increased to $30 million, from $5 million a year earlier.

Avis targets incremental bookings, ties up with airlines

Avis targets incremental bookings, ties up with airlines , (Avis targets incremental bookings, ties up with airlines )

Avis Budget Group has formed a new partnership with JetBlue Airways. The new agreement, effective November 10, will provide TrueBlue members the opportunity to earn TrueBlue points from Avis and Budget rentals.

Taking control of e-distribution of your hotel inventory in a more focused manner

Taking control of e-distribution of your hotel inventory in a more focused manner , (Taking control of e-distribution of your hotel inventory in a more focused manner )

Distribution in hospitality is evolving and there is a tectonic shift in the way various channels offline and online are contributing to the productivity. Booking windows are shrinking, online reputation and feedback is gaining ground and noticeably challenging the traditional channels of sales.

Which is more effective for hotel RM processes: humans or machines?

Which is more effective for hotel RM processes: humans or machines? , (Which is more effective for hotel RM processes: humans or machines? )

One of the key elements to a hotel’s success is the strength of its revenue management strategy. While still a fairly new concept, some hoteliers are embracing the use of automated revenue systems, which have the ability to formulate complex algorithms that can generate an optimal rate with accuracy and speed, even with rates and information constantly changing because of the Internet.

Analysing and evaluating booking data in an optimal manner

Analysing and evaluating booking data in an optimal manner , (Analysing and evaluating booking data in an optimal manner )

Lufthansa Systems has launched NetLine/Market, a new solution that covers all aspects of sales, marketing and network planning and processes market data from different reservation systems for its analysis.

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