Vivek Bhogaraju

AI is only as good as the data that feeds it and the human ingenuity that drives it. This is not the time to retreat or watch from the sidelines. Travel has a narrow window of opportunity to engage, learn, and invest in data and AI. Teams playing the long game will benefit from the head start and drive innovation for the industry.

Advice for a post-pandemic career in travel: We have a collective responsibility to help our people thrive. We need talent not just to rebound but to innovate in the long-term.

We strongly believe in the need to converge the fields of guest intelligence and revenue performance. Traditionally these have operated in parallel, coexisting but not meeting. When market demand is on a growth trajectory, there is an abundance of financial resources, talent and historical insights.

But that is not the case now. With markets restarting in some parts of the world, businesses need to re-establish the baseline and revalidate assumptions in both revenue performance and guest… Mehr anzeigen

We strongly believe in the need to converge the fields of guest intelligence and revenue performance. Traditionally these have operated in parallel, coexisting but not meeting. When market demand is on a growth trajectory, there is an abundance of financial resources, talent and historical insights.

But that is not the case now. With markets restarting in some parts of the world, businesses need to re-establish the baseline and revalidate assumptions in both revenue performance and guest intelligence. By converging the insights from guest intelligence and revenue performance, we can accelerate recovery. Weniger anzeigen

Mark Twain once said: “The secret of getting ahead is getting started.”

With new opportunities on the horizon in the competitive landscape, it’s high time for the best minds in the industry to come together and start building a new and collaborative platform for hotel revenue management practice.

At Expedia Group, we are committed to democratizing access to RM technology and help our lodging partners drive revenue performance. However, we cannot do this alone. I would personally… Mehr anzeigen

Mark Twain once said: “The secret of getting ahead is getting started.”

With new opportunities on the horizon in the competitive landscape, it’s high time for the best minds in the industry to come together and start building a new and collaborative platform for hotel revenue management practice.

At Expedia Group, we are committed to democratizing access to RM technology and help our lodging partners drive revenue performance. However, we cannot do this alone. I would personally like to hear from you if there are opportunities for our teams to collaborate on adoption of revenue management practices for all lodging properties – no matter the location or size. I’m convinced that together, as an industry, we can make this happen. Let’s go! Weniger anzeigen

Reflections on the recent Phocuswright study and the challenging yet dynamic landscape of revenue management solutions

His goal is to collaborate with the industry and impact at scale the way revenue management is perceived and practiced. As Bhogaraju sees it, there are three big pillars driving the adoption of revenue management – data and tech, sustainable practices and talent.

Creating memorable experiences is essential to operating a thriving hotel. But increased competition has made revenue growth and profitability equally important. That’s why we’ve created this guide—it’s filled with tips on building a revenue strategy that’s right for your business, freeing you to spend more worry-free time with guests.

This was a team effort collaborating with colleagues cross-functionally at Expedia Group.

The main goal of sharing these uncomfortable truths is to elevate the dialog around the importance of RM and why, as an industry, we must strive to do better in driving revenue performance using data-driven insights.