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.

Communication Gaps during Strategy Implementation: 

Even when strategies are formulated collaboratively, communication gaps can occur during the implementation phase. 

Changes in pricing, promotions, or marketing initiatives need to be clearly communicated across departments. Failure to do so can result in misalignment, affecting the overall effectiveness of revenue optimisation efforts and potentially leading to inconsistent guest experiences.

Have a profitable week !

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