Hoteliers Take a Harder Look at How They Set Room Rates

The Bellagio Las Vegas belongs to MGM Resorts International, which is one of many hotel companies that have been investing more in revenue management technology. MGM Resorts Skift Take: Amateurs cut rates to fill hotel rooms. Pros take more sophisticated approaches, such as coordinating to stimulate demand from the most profitable customers. — Sean O’Neill … [Read more…]

Shiji’s Hotel Tech Acquisition Spree: A Closer Look

Kevin King, chief commercial officer of Shiji Group, left, speaks at Skift Tech Forum. Skift Skift Take: Since 2016, Shiji has spent $141 million on acquisitions and investments across 10 tech companies outside of China, according to our review of its financial filings. Yet we still don’t grasp the overseas strategy of the hospitality tech … [Read more…]