r/RevenueManagement

Hello,
I'm running a benchmark for a cruise company in Europe and I'm wonder if any of you can point to tools designed for doing RM in cruise
Thanks !

I am a Revenue Manager for am STR Management Company that mainly focuses on AirBnBs and we are now getting into the hotel industry. Currently we are focusing on more boutique hotels and want to make better data driven decisions with our pricing. We currently use Pricelabs for pricing, but outside of Prices for Nearby hotel, we are very limited on data specific to hotels since the neighborhood data is looking just at Vacation Rentals on AirBnB/VRBO to benchmark against.

Does anyone have any recommendations for similar softwares that are directed more to hotels so I can benchmark our Occupancies, Booking Window, ADRs, Lead Times, etc. with other hotels in the area?

I am very tech savy and am confident in my ability to pick up new softwares so although simplicity is preferred I am open to more complex systems if it allows me to build more effective data driven strategies. For reference we use Guesty as our PMS.

Direct bookings can be hard to secure if there are trust gaps, confusing pricing, or a clunky booking flow on your website. These issues can silently drive guests to third-party sites instead.

We’ve built a tool that analyzes your booking page to identify these barriers. It reviews your site, compares it to top travel websites, and provides a list of prioritized fixes to improve booking conversions.

If you’ve worked on improving booking flow, what strategies have you found most effective?

About me:

• I have been a receptionist in a 4* hotel for the past 4 years in France.

• I have a master’s degree in economics (average or less than average european public school).

• I’d like to learn and then find a job in revenue management, in France and maybe elsewhere after 3-5 years.

My question is:

Is the E-Cornell online certificate worth it? Am I going to actually build a solid foundation in RM? Or is it just a neat load of business BS with the Cornell logo on it, made to milk Cornell’s reputation into an additional revenue stream?(according to many anonymous reviews of the E-Cornell program in general, not about this specific certificate).

I might agree that paying $3,750 (or $2,625 when it’s on discount) might be too much for an online certificate without credit hours, but still I would go for it just because it has Cornell’s name on it. I think it might impress european recruiters, and give me some foundation in RM. I know that experience matters most, but I’m trying to get my foot in the door here.

Am I wrong in assuming this?

I’d love to hear all of your opinions, especially if you’ve already thought/studied this specific certificate program.

Here’s the link to the certificate program:

https://ecornell.cornell.edu/certificates/hospitality-and-foodservice-management/hotel-revenue-management/

Also, feel free to suggest other online courses/roadmaps

Thank you!

Hi everyone,

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