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7 Tips for a Successful Revenue Meeting

7 Tips for a Successful Revenue Meeting

Revenue meetings are essential to ensuring a business can be as successful as possible.Collating data can be time-consuming but an essential part of a revenue manager's job description, they need to review lots of up-to-date data to ensure they can...

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Displacement Analysis, What Does It Mean?

Displacement Analysis, What Does It Mean?

Displacement Analysis (revenue displacement) is the analysis of the total value of two competing pieces of business and deciding which one is more profitable to your property. Displacement Cost refers to the revenue lost or displaced by accepting...

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Revenue Management Consultancy By Rate Wise

Revenue Management Consultancy By Rate Wise

Rate Wise is well known for our cloud-based RMS; however we also provide a Revenue Management Consultancy service with both short and long-term contract options available. Contracts can be as short as 3 months.Our team of revenue management...

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Tips For Having A Successful Black Friday Campaign!

Tips For Having A Successful Black Friday Campaign!

As Black Friday draws near, it’s important you set goals for what you want to achieve as a property from this event – don’t just do a special offer for the sake of it! Identify what your property’s needs are and ensure you don’t compromise your...

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The Importance of Market Segments

The Importance of Market Segments

According to Wikipedia, Market Segmentation is the activity of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers (known as segments) based on some type of shared...

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9 Advantages of Revenue Management Software for Hotels

9 Advantages of Revenue Management Software for Hotels

We originally published a version of this blog back in 2019 but it’s still as relevant as ever, particularly with the challenges accommodation providers are facing now. As we move away from COVID-19 restrictions and try to find our way back to...

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Two Ways Rate Wise Can Support You Right Now!

Two Ways Rate Wise Can Support You Right Now!

Staff Shortages are a common issue in the hotel industry at the moment. With little option, Hoteliers have to deal with high staff turnover and downtime as new team members get to grips with hotel procedures. Team members continue to rally together...

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Rate Wise is Now Available on Oracle Cloud Marketplace!

Rate Wise is Now Available on Oracle Cloud Marketplace!

Rate Wise, a leading provider of Revenue Management Software (RMS) and Solutions and a member of Oracle PartnerNetwork (OPN), today announced that Rate Wise RMS is available on Oracle Cloud Marketplace offering added value to Oracle Hospitality...

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