RevControl is not only a comprehensive revenue management software provider; we are also dedicated to sharing knowledge about revenue management. We do this, for example, through customer success calls and masterclasses.
Navigating the world of revenue management software can be quite the task, especially when you're looking for the perfect fit to enhance your rate management strategy.
Fear not! In this blog post, I'll guide you through the key factors to consider when choosing an RMS.
Let's dive into how revenue management can increase revenue for your hotel. When you speak to a revenue management software company, they all tell you the same story: "Work with us because your room revenue will increase by up to 25%." And, while this is actually true of RevControl 😉, you might still be sceptical.
Have you ever heard the story of the hotelier who swore by the pricing strategy of "I want my prices to always be x percent below my biggest competitor"?
At RevControl, we've encountered variations of this strategy from time to time. While discussions about revenue management always pique our interest, this particular strategy doesn't quite align with our philosophy. Want to know why not? Allow me to delve deeper into this topic.