What must revenue managers increasingly rely on to capture demand?
Answer
Forward-looking intelligence tracking real-time search patterns
Due to economic instability, revenue managers must rely more on forward-looking intelligence that tracks real-time search patterns rather than relying predominantly on historical data.
Related Questions
What is the modern hospitality sector primarily built upon?What must revenue managers increasingly rely on to capture demand?What is the trend where travelers choose affordable alternatives to crowded hotspots called?What effect is over-tourism forcing upon traditional high season demand?What is the primary outcome for many transactional roles due to AI sophistication?What is a key responsibility of IT specialists and cybersecurity professionals in hospitality today?Besides maximizing RevPAR, what must modern revenue managers possess strong skills in?When household budgets are squeezed, what are consumers often unwilling to compromise on?Which specialized role blends local cuisine knowledge with travel expertise to cater to immersive food experiences?What aspect of employment is emerging as a critical retention tool, sometimes valued over immediate pay increases?In asset-light models, where does executive success hinge primarily?What operational mandates must chefs adopt due to the sustainability imperative?