Opportunity 2020 – Man Vs Machine – Where Next for Revenue Management?
For the third time in a row, we are proud to be joining Revenue by Design’s event: Opportunity 2020 – Man Vs Machine – Where Next for Revenue Management. The one-day conference which will be held on 11th February 2020 at the Emirates Stadium in London and will welcome up to 400 senior hospitality leaders to the impact of technology on innovation and what this means for the revenue management function in 2020.
We couldn’t be more excited as this year we are supporting the event as a Gold Sponsor!
The hospitality industry is changing completely
To better prepare participants for this year’s topic, Opportunity’s team recorded a series of podcasts – the latest one catches some insight from Adriaan Kleingeld, CEO and founder of HSDS, Owner of OutPerform RMS. The talk reveals how the revenue management software of today will be at the heart of a companies operational software of tomorrow…and why even the most sophisticated revenue management technology will always be reliant on people.
People Will Never Be Replaced!
“People will always be involved – they add value. People want to understand how and why things happen and have control. As soon as we really let AI take over it’s pure mathematics; it becomes absolutely impossible for anyone to explain why anything is happening (…).
Technology evolves a lot faster than people. The Hospitality Industry has evolved more in the last 10 years than in the last 50 years, but we still have a long way to go and I believe any kind of software is useless without the optimal human support (…).
When we talk about a revenue management system or any other hotel software, what is really important is to understand what problems the hotels are facing and how can we resolve these problems in a way that they understand and have a real pragmatic use case” says Adriaan Kleingeld.
Listen to the full podcast below and find more useful facts, insights and industry related predictions:
‘A Festival of Revenue Management’ – Opportunity 2020
‘Man Vs Machine – Where Next for Revenue Management?’ will explore the future of revenue management in this age of technological innovation. Revenue management specialists will gather for a day of solution focused debate, thought leadership and unparalleled networking as we look at the impact of technological change on the function.
- Is technology poised to solve today’s revenue management challenges?
- How will technology shape the function moving forward?
- What current and future skills will the revenue manager need as more routine tasks are open to automation?
- Is an increased technical, commercial and strategic focus required?
OutPerform – RMS
During the conference, we will present and introduce the new features of our revenue management system: OutPerform RMS.
OutPerform is a price optimizer and revenue management system that helps revenue managers visualize, understand and analyze all past, current and future data in one place, enabling them to easily make the best price decisions, improve RevPAR, discuss reports and KPIs.