TRG Blog

How to Boost Hotel Revenue with Non-Room Services

Posted by Thai Pham on

As disruptors like Airbnb is transforming the entire hospitality industry with a wide range of services, not just lodging accommodations, the industry C-suite and decision makers have to move away from the traditional revenue management strategy in order to better maximising their profit.

Read More…

Topics: Hospitality solutions

Travellers' Expectations are Changing and Here's How Hotels Can Keep Pace

Posted by Rick Yvanovich on

One definite thing about the hospitality industry is that the customer’s behaviours never stay the same and that they are easily affected by many factors. For customers, the new era of digitalisation has fundamentally transformed the customer experience

Read More…

Topics: Hospitality solutions

3 Pressing Challenges for the Hotel Accounting Team in Today’s Digital Age

Posted by Thai Pham on

In this day and age, it is crucial for hotel businesses to adapt to disruptive trends such as personalised customer experience, IoT, and blockchain. Advancements will also bring new challenges to the hotel finance and accounting team, who must evolve to take on new responsibilities and provide key insight for the CFO’s decisions in the following critical areas.

Read More…

Topics: Hospitality solutions, Financial Accounting Management Software

Hotels and Cloud Technology: It's Time to Move

Posted by Thai Pham on

Advanced technologies provide hoteliers with full-scope support and benefits, from front desk to back-office operations. Cloud technology, for example, has played the key role in improving the end-to-end experience from booking to post-staying of guests, reducing cost and resource demands, increasing ROI, and hence, improving the overall business management capability of the business.

Read More…

Topics: Hospitality solutions, Technology trends

What the Hotel Room of the Future Looks Like

Posted by Thai Pham on

Nowadays, amenities such as flat-screen TV, Wi-Fi, aircon, minibar, etc. in your typical hotel rooms are considered must-haves and can no longer act as key differentiators. Hotels will certainly evolve, and the adoption of new technologies is inevitable. The question is, how drastically?

Read More…

Topics: Hospitality solutions, Technology trends

5 Features to Look For in an Automated Revenue Management System

Posted by Thai Pham on

Most today’s hotel operators believe that revenue management will become even more automated with further advances in data analytics capabilities. So, which technology solution is the right one? How can a hotel operator be assured that the solution they implement will best meet the needs of the hotel and enable revenue managers to achieve optimal results? The following are just a few key buying considerations to keep in mind. 

Read More…

Topics: Hospitality solutions

How Hoteliers Cope with the Rise of the Sharing Economy

Posted by Thai Pham on

The sharing economy (also known as “peer-to-peer economy” or “collaborative consumption”) is the concept of sharing resources that are otherwise go to waste. Technology plays a part in helping the sharing economy to expand, and making the assets cheaper, more accessible than ever. In today's article, we'll focus on the hospitality industry and how much impact the sharing economy, particularly Airbnb, is having on the industry as well as the consumers.

Read More…

Topics: Hospitality solutions, Technology trends

Key Concepts in Revenue Management: Relevant Data and Intelligent Pricing

Posted by Thai Pham on

This blog provides a cursory overview of some of the key concepts related to next-generation revenue management practices. The first part talked about the performance metrics. In this final part, we will take a quick look at the remaining two concept: data and intelligent pricing. 

Read More…

Topics: Hospitality solutions

Key Concepts in Next-Generation Revenue Management: Performance Metrics

Posted by Thai Pham on

This blog provides a cursory overview of some of the key concepts related to next-generation revenue management practices, starting with the ever-evolving performance metrics that are commonly used to track and measure success.

Read More…

Topics: Hospitality solutions

Revenue Management at the Touch of a Button: the Success Story of Vienna House

Posted by Thai Pham on

Vienna House is an Austria-based hotel chain that currently has 34 hotels under its brand. The brand is famous for their classic Viennese charm with a touch of modern comfort. During the past five years, Vienna House has grown and acquired a few more hotels. The steady growth brings in the inevitable IT challenge: the need for a revenue management system to help unify and manage all of the hotels in the group.  

Read More…

Topics: Hospitality solutions, Financial consolidation, planning and reporting, Business Intelligence

Subscribe to TRG Blog

Upcoming Events

Latest Posts

Most Viewed Posts

Our Editorial Mission

rick yvanovich resized 174

 Rick Yvanovich
 /Founder & CEO/

With TRG International Blogs, it is our mission to be your preferred partner providing solutions that work and we will make sure to guide your business to greatness every day.

Subscribe to TRG Blog

Follow Us