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	<title>small data Archives - Travel Data Daily</title>
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		<title>How hotels can use data to generate new revenue</title>
		<link>https://www.traveldatadaily.com/how-hotels-can-use-data-to-generate-new-revenue/</link>
		
		<dc:creator><![CDATA[Mark Ross-Smith]]></dc:creator>
		<pubDate>Wed, 19 Oct 2016 02:25:36 +0000</pubDate>
				<category><![CDATA[Big Data]]></category>
		<category><![CDATA[Business Intelligence]]></category>
		<category><![CDATA[Hotels]]></category>
		<category><![CDATA[Revenue Management]]></category>
		<category><![CDATA[big data]]></category>
		<category><![CDATA[small data]]></category>
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					<description><![CDATA[<a href="https://www.traveldatadaily.com/how-hotels-can-use-data-to-generate-new-revenue/" title="How hotels can use data to generate new revenue" rel="nofollow"><img width="150" height="150" src="https://www.traveldatadaily.com/wp-content/uploads/2016/11/24520716_m-150x150.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="float: left; margin-right: 5px;" link_thumbnail="1" decoding="async" /></a><p>Hotel revenue management and use of analytics for room sales have remained virtually unchanged for decades since the early 1980s when hotels started looking at yield and how they could optimise the revenue each room could generate. By the mid-1990&#8217;s, Marriott&#8217;s successful execution of revenue management strategies were adding between $150-$200 million in annual revenue [&#8230;]</p>
<p>The post <a href="https://www.traveldatadaily.com/how-hotels-can-use-data-to-generate-new-revenue/">How hotels can use data to generate new revenue</a> appeared first on <a href="https://www.traveldatadaily.com">Travel Data Daily</a> by <a href="https://www.traveldatadaily.com/author/mark/">Mark Ross-Smith</a></p>
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