#337: How Revenue Management Is Changing & Giving Independent Hotels An Advantage | with Steve Taft & Tim Kolman — The Modern Hotelier

What can a modern revenue management system (RMS) actually do for an independent hotel?

In this episode, David Millili sits down with Steve Taft, VP of Partnerships at ampliphi RMS, and Tim Kolman, VP of Sales at ampliphi RMS, to discuss how modern revenue management systems are helping independent hotels compete with larger brands.

For many 40-room independent hotels, revenue management is still something owners and operators handle at the end of a long day. From check-ins and check-outs to laundry, breakfast, maintenance, and guest service, there is often little time left for analyzing demand and optimizing room rates.

In this episode, we discuss:

Why independent hotels have historically been underserved by hospitality technology
How a 40-room independent hotel can approach hotel pricing and revenue management
Why legacy RMS technology created the perception that revenue management requires extensive manpower
The difference between an all-in-one hotel technology stack and a best-in-breed technology strategy

If you're a hotel owner, general manager, revenue manager, hospitality technology professional, or independent hotel operator interested in hotel revenue optimization, RMS technology, AI for hotels, dynamic pricing, RevPAR, commercial strategy, and independent hotel technology, this episode is for you.

Watch the FULL EPISODE on YouTube: https://youtu.be/bmg2EWB-8NU

Links:
Steve on LinkedIn: https://www.linkedin.com/in/stevetaft/
Tim on LinkedIn: https://www.linkedin.com/in/tkolman/
ampliphi RMS: https://www.getampliphi.com/

For full show notes head to: https://themodernhotelier.com/episode/337

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Connect with Steve and David:
Steve: https://www.linkedin.com/in/%F0%9F%8E...
David: https://www.linkedin.com/in/david-mil.