Rainmaker Blog

Discover the latest topics, research, and ideas from experts in hospitality and revenue management

Dan Skodol

Recent Posts

Dan Skodol |

The Importance of Group Forecasting

In general, hotels have two primary types of business: transient and group. While the vast majority of hoteliers have some form of a revenue management (RM) strategy in place to profitably manage... Read More

Topics: Pricing, Product, grouprev, forecasting

Dan Skodol |

Top Considerations for Pricing at a Room Type Level

Are you capturing every last dollar from pricing your various room types appropriately? How much are those last-minute free upgrades really costing you? What are you leaving on the table when one... Read More

Topics: Technology, Pricing

Dan Skodol |

Forecast Accuracy is Crucial for Your Hotel’s Business Success

Just like the engine is to a car – powering it and getting you where you need to be – your revenue management forecast powers your entire system and its outputs. Forecast accuracy translates into... Read More

Topics: Pricing, Product, guestrev

Dan Skodol |

The Business Forecast vs. The Revenue Management Forecast

As a business practice, hotel revenue management (RM) is focused on optimizing financial results. Forecasting is a vital component of any revenue management strategy, and a tool to help managers... Read More

Topics: Technology, Product

Dan Skodol |

In Revenue Management, You Can Have Good Timing AND Good Forecasting

I recently read a piece about an international resort company that introduced a Revenue Management System (RMS) within the last five years.  Like many resort properties around the world, their hotels... Read More

Topics: Featured, Technology, Product, insider

Dan Skodol |

Five Tips to Ensure Your Property is Ready for High-Volume Events

It’s finally the week of the BIG GAME! In May of 2016 it was announced that Atlanta would be home to Super Bowl 53 on February 3, 2019. Although this announcement came almost three years prior to the... Read More

Topics: Pricing

Dan Skodol |

Are You Forecasting Transient Business Without Forecasting Group?

Forecasting plays a key role in any hotel revenue management (RM) strategy, helping hoteliers make important pricing decisions that significantly impact profitability. It’s a sophisticated process... Read More

Topics: All Topics, Technology

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