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Your Current RMS Might be Costing Your Hotel Money
By IDeaS
Wednesday, 9th November 2022
 

10 ways your revenue management system (RMS) might be limiting growth for your hospitality organization.

When it comes to a revenue management system (RMS), many hospitality organizations settle for systems that underperform and leave money on the table.

But if you’re familiar with a particular system, you might hesitate to switch because of pervading myths around onboarding a new RMS.

And those myths—along with not knowing what other options you have—could be limiting the growth of your hospitality organization.

However, it can still feel daunting to switch to a new system. You might be wondering:

  • What signs might indicate it’s time to switch to a new RMS?
  • How might the current RMS cause my organization to miss out on extra revenue?
  • What benefits do you get with an ideal, fully automated revenue management system?
  • What myths about switching to a new RMS should I watch out for?

Don’t worry. You’re in luck.

We answer these crucial questions below.

Let’s get into it.

Read the full story here.

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