Today's Revenue Management thought:-

In this week’s 4 part, I will be addressing internal communication challenges in the hospitality industry requires breaking down silos ensuring timely data sharing bridging communication gaps during strategy implementation and investing in integrated technology solutions. By overcoming these challenges hotels and resorts can create a more cohesive and responsive environment that enhances sales marketing and revenue optimisation efforts.

Silos Between Departments:

One common challenge in internal communication within the hospitality industry is the existence of silos between sales marketing and revenue optimization teams. 

Departments often operate independently leading to a lack of synergy. To optimise revenue it's crucial to break down these silos and foster collaboration ensuring that insights from each department contribute to a cohesive strategy.

Have a profitable week !

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