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In today’s competitive hospitality landscape, simply filling rooms is no longer enough to ensure profitability. Instead, the key to sustained success lies in strategic pricing, forecasting, and inventory control—all of which are at the heart of Revenue Management. Whether you're running a boutique resort, a luxury property, or a budget hotel, adopting revenue management principles can dramatically improve your financial performance. Here's why every hotel should prioritize revenue management as a core part of its business strategy.

1. Maximizing Revenue, Not Just Occupancy Focusing solely on increasing occupancy can be a trap. A hotel might fill all rooms but at discounted rates, leaving revenue on the table. Revenue management shifts the focus to optimizing the balance between occupancy and average daily rate (ADR), ensuring every room sold contributes to higher profitability. With smart pricing models, hotels can sell the right room, to the right guest, at the right price, through the right channel, at the right time.
2. Understanding and Forecasting Demand Revenue management involves deep market analysis and demand forecasting, helping hoteliers anticipate low and high-demand periods. This allows properties to adjust pricing proactively, implement stay restrictions, or design special offers that match market conditions. Accurate forecasting helps minimize last-minute discounts while maximizing profits during peak seasons or events.
3. Smarter Distribution Strategy In a world where guests book across dozens of OTAs and direct platforms, managing the distribution mix is vital. Revenue management helps hotels optimize channel performance, control commission costs, and leverage data to prioritize the most profitable booking sources. This improves not just revenue but also the cost-efficiency of each booking.
4. Competitive Edge in a Crowded Market Your competitors are watching your rates—and you should be watching theirs. Revenue management tools allow hotels to conduct real-time competitive benchmarking, enabling smarter pricing decisions that keep your property attractive and relevant without undercutting unnecessarily. Staying competitive doesn’t always mean being the cheapest—it means being strategically positioned.
5. Data-Driven Decisions Replace Guesswork Revenue management relies on analytics, KPIs (like RevPAR, GOPPAR, RGI), and historical data, enabling informed decisions instead of instinct or guesswork. This approach brings precision to pricing, budgeting, and forecasting, aligning your business with clear performance goals. It’s a shift from reactive to proactive business management.
6. Long-Term Growth and Profitability Ultimately, the consistent application of revenue management leads to higher average rates, increased profitability, and stronger market positioning. Hotels that integrate it into daily operations don’t just survive—they thrive. Revenue management is not a luxury; it’s a necessity. Even small and mid-sized properties can leverage simple revenue strategies and tools to unlock significant gains.

The hospitality industry is evolving rapidly, and guest expectations are changing just as fast. In such a dynamic environment, revenue management isn't just a tactic—it's a philosophy of smarter, more strategic business. Hotels that adopt this mindset will be better equipped to navigate market shifts, outperform competitors, and achieve long-term growth. If your hotel isn’t using revenue management yet, now is the time to start.

Article By- Pawan Mudgal ,A results-driven Revenue Manager at Amritara Hotels and Resorts, with a strong command of dynamic pricing strategies, market analysis, and demand forecasting.

Vietnam is fast emerging as a dream destination for Gen Z travelers from India, offering a compelling mix of affordability, adventure, and luxury. With its increasing number of direct flights, hassle-free visa policies, and stunning natural landscapes, this vibrant Southeast Asian nation is capturing the imagination of young Indian globetrotters. From beachside resorts and immersive cultural activities to Instagrammable cafés and tech-savvy hospitality, Vietnam is ticking all the right boxes.

As Emma Le, Inbound Director at Thang Long Tours, Vietnam, puts it: "Vietnam offers an exciting mix of experiences that are tailored to the bold, adventurous spirit of today’s travelers." With over a decade of experience in the travel and tourism industry, Emma Le is recognized for her strategic vision and deep passion for designing personalized travel experiences. Under her leadership, Thang Long Tours has become a trusted destination management company, playing a key role in showcasing the cultural richness of Vietnam and Southeast Asia to the world.

Vietnam is a treasure trove of affordable luxury—perfect for Gen Z travelers who crave champagne vibes on a soda budget. Chic boutique hotels, stylish hostels, and dreamy beach resorts offer upscale experiences without maxing out your credit card. Hotspots in cities like Ho Chi Minh and Hanoi, such as The Common Room Project or Sazi Homestay, provide socially vibrant, dorm-style accommodations tailored for the young and curious. Whether it's kayaking through the emerald waters of Ha Long Bay, biking past Ninh Binh’s rice paddies, or capturing lantern-lit scenes in Hội An, Vietnam offers an Instagram-worthy adventure at every turn. Trendy rooftop cafés in Hanoi and beachside resorts in Da Nang make the destination irresistibly photogenic and experiential.

Vietnam has evolved into a Gen Z favorite by offering more than scenic beauty. Think sunrise kayaking, street food trails in Ho Chi Minh, coffee workshops in Da Lat, and eco-resorts that focus on soulful, immersive experiences. Coupled with budget-friendly travel options, easy e-visas, and a growing Indian food scene, Vietnam stands out as an adventurer’s paradise. The country also excels in digital convenience—mobile check-ins, digital concierge services, and high-speed Wi-Fi are standard, even in remote resorts. From booking tours to livestreaming trips, Gen Z travelers are always just a tap away from comfort and connectivity.

Vietnam also delivers on sustainability, which matters deeply to this younger generation. Eco-resorts like Six Senses Ninh Van Bay and Topas Ecolodge emphasize responsible travel and offer hands-on cultural activities such as rice farming and lantern-making. These resorts give travelers a chance to forge genuine, meaningful connections with local communities. The cultural buzz of Vietnam adds another layer to the experience. Urban hubs like Hanoi and Ho Chi Minh City boast thriving café cultures and creative spaces like Tranquil Books & Coffee and The Workshop. Music festivals, beach parties in Da Nang and Phu Quoc, and events like the Monsoon Festival blend music, art, and nightlife into unforgettable moments.

The tourism sector in Vietnam is increasingly designing packages that appeal directly to young Indian travelers—be it solo adventures, cultural immersions, or budget-friendly group tours. These tailored offerings ensure memorable experiences without breaking the bank. With the introduction of e-visas for Indian citizens and a rise in direct flight connectivity between the two countries, Vietnam is more accessible than ever. This ease of travel is playing a crucial role in driving Gen Z interest.

Pop culture influences are also playing a part in the country’s appeal. Vietnam resonates with a Gen Z audience drawn to K-wave aesthetics and modern Asian sensibilities. Its culinary scene—ranging from pho and banh mi to vegan-friendly street eats and minimalist cafés—caters perfectly to foodies who are always hunting for the next Instagrammable bite. With seamless travel systems, digital-first hospitality, eco-conscious offerings, and culturally rich experiences, Vietnam is quickly solidifying its place as a top destination for the next generation of global explorers. Thanks to leaders like Emma Le and companies like Thang Long Tours, Vietnam is not just meeting Gen Z’s travel desires—it’s exceeding them.

We are proud to announce the appointment of Gaurav Kumar, one of our hotel's youngest Outlet Managers. 

At just 24 years old, Gaurav brings passion, creativity, and a modern approach to hospitality that is already turning heads.

With a strong background in Food & Beverage operations and a reputation for exceptional guest service, Gaurav is set to elevate our F&B Outlets and Banqueting to new heights.

His fresh perspective and energetic leadership are exactly what we need to continue offering unforgettable experiences to our guests. Join us in welcoming Gaurav, aka GK, to his new role and experience the vibrant change firsthand at Novotel Jaipur and Convention Centre.

The global artificial intelligence in cancer diagnostics market is expected to gain market growth during the forecast period of 2025-2034. Polaris Market Research analyses the market to account for USD 2,174.26 million by 2034 and is expected to register a CAGR of 25.9% in the above-mentioned forecast period. The market was valued at USD 217.73 million in 2024.

Market Summary: Artificial intelligence (AI) exudes the power to transform cancer research, diagnosis, and cure through its analytical power. AI is the usage of algorithmic mathematical principles that mimic the operations of the human mind to confront the paramount intricacy subjected to healthcare units such as those placed by deformities of biological systems like cancer. It is expected that AI will have have notable influence on everyday life and will dominate digital healthcare for the detection and cure of illness in the future. By utilizing extensive data sets, technological progressions in AI and machine learning in cancer detection have unfurled the way for autonomous neuropathy illness diagnostic instruments to confront the provocations of human illness discernment at excessively premature stages, especially in cancer. Market Drivers: Growing Cases of Cancer Worldwide: The growing incidence of cancer worldwide is the notable driver for the acquisition of AI in cancer diagnostics.

As per the World Health Organization (WHO), roughly 20 million cancer cases were registered in 2022, causing 9.7 million deaths. This growing weight entails progressive diagnostic instruments to ease premature detection and enhance patient results. AI technologies offer the possibility to inspect critical medical data productively, helping in the premature detection of cancerous conditions, thus having a favorable impact on artificial intelligence in cancer diagnostics market sales.

Advancements in AI Algorithms: Progressions in AI algorithms in diagnostics, especially in machine learning and deep learning, have improved the preciseness and productivity of cancer diagnostics. The integration of AI with progressive imaging technologies such as MRI and CT scans has enhanced the accuracy of cancer inspection, which encourages the adoption of these progressively integrated devices.

Key Market Players: The market is characterized by the existence of many key players and concentration on technological inventions and strategic alliances.

Some of the companies which are currently dominating the artificial intelligence in cancer diagnostics market are: • Aidoc Medical Ltd. • DeepMind Technologies Limited • Enlitic, Inc. • Flatiron Health, Inc. (A subsidiary of Roche) • GE Healthcare Technologies Inc. • Guardant Health, Inc. • IBM Corporation • Kheiron Medical Technologies Limited • Microsoft Corporation • Paige.AI, Inc. • PathAI, Inc. • Qure.ai Technologies Private Limited • Siemens Healthineers AG • Tempus Labs, Inc. • Zebra Medical Vision Ltd. Developments in the Artificial Intelligence in Cancer Diagnostics Industry: • September 2024: PathAI, Inc. introduced MET Predict on the AISight Image Management System (IMS), an AI-powered algorithm designed to assist pathologists in detecting non-small cell lung cancer (NSCLC) tumors that exhibit MET exon 14 skipping (METex14) or MET amplification through H&E whole slide images. • September 2023: Microsoft formed a partnership with Paige to develop the world's largest image-based AI model for cancer detection. The model, which is being trained on up to four million digitized microscopy slides across various cancer types, utilizes Microsoft's cutting-edge supercomputing infrastructure. Once operational, the model is expected to significantly improve cancer diagnosis accuracy and efficiency, potentially enabling earlier detection and treatment for patients.

Segment Categorization: The report includes the segmentation of artificial intelligence in the cancer diagnostics market based on application, cancer type, end use, and region. Based on application, the screening and diagnosis segment held the largest market share in 2024, owing to the integration of AI technologies in medical imaging and pathology. Based on cancer type, the breast cancer segment dominated the market in 2024 due to growing cases of breast cancer worldwide, entailing progressive diagnostic instruments for premature detection and cure. By Application Outlook (Revenue - USD Million, 2020-2034) • Screening & Diagnosis • Tumor Identification • Surveillance • Treatment By Cancer Type Outlook (Revenue - USD Million, 2020-2034) • Breast Cancer • Prostate Cancer • Lung Cancer • Colorectal Cancer • Cervical Cancer • Others By End Use Outlook (Revenue - USD Million, 2020-2034) • Hospitals • Diagnostic Centers • Medical Research Institute • Contract Research Organization • Other Regional Perspective: • North America o US o Canada • Europe o Germany o France o UK o Italy o Spain o Netherlands o Russia o Rest of Europe • Asia Pacific o China o Japan o India o Malaysia o South Korea o Indonesia o Australia o Vietnam o Rest of Asia Pacific • Middle East & Africa o Saudi Arabia o UAE o Israel o South Africa o Rest of Middle East & Africa • Latin America o Mexico o Brazil o Argentina o Rest of Latin America

Browse More Research Reports: Ovarian Cancer Market: https://www.polarismarketresearch.com/industry-analysis/ovarian-cancer-market Erythropoietin Drugs Market: https://www.polarismarketresearch.com//industry-analysis/erythropoietin-drugs-market

Glaucoma Market: https://www.polarismarketresearch.com/industry-analysis/glaucoma-market

Veterinary Pharmacovigilance Market: https://www.polarismarketresearch.com/industry-analysis/veterinary-pharmacovigilance-market

Clinical Trial Technology and Services Market: https://www.polarismarketresearch.com/industry-analysis/clinical-trial-technology-and-services-market

Contact: Likhil G 8 The Green Ste 19824, Dover, DE 19901, United States Phone: +1-929 297-9727 Email: sales@polarismarketresearch.com

Web: https://www.polarismarketresearch.com

Follow Us: LinkedIn | Twitter About Polaris Market Research & Consulting, Inc: Polaris Market Research is a global market research and consulting company. 

The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

Looking for the best Dandeli Resort packages? Wildernest Dandeli Resort offers an unforgettable experience with its affordable and all-inclusive packages.

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Hospitality Career Profile (HCP) is thrilled to announce the HCP Mocktail Specialist Award Every year, recognizing India’s finest mocktail experts.

This award aims to celebrate the creativity, skill, and innovation of professionals in the hospitality industry.

Who Can Participate?

To qualify for the award, candidates must meet the following criteria: Must be an Indian citizen. Must be currently working in a hotel, restaurant, bar, or club. How to Nominate Yourself?

✅ Step 1: Visit the nomination page – [https://www.hospitalitycareerprofile.com/hcp-mocktail-specialist-award-2025-nomination-details/ ]

✅ Step 2: Fill in the nominee’s details and key achievements.

✅ Step 3: Submit the nomination and help them get recognized! ???? Nominate Here: [ https://www.hospitalitycareerprofile.com/hcp-mocktail-specialist-award-2025-nomination-details/ ] Nominations are open for a limited time! Why Should You Participate? Winning or being nominated for the HCP Mocktail Specialist Award 2025 comes with several benefits, including:

✅ Industry Recognition – Gain credibility and acknowledgment for your expertise. 

✅ Boost in Career – Open doors to new career opportunities in the hospitality sector.

✅ Best Media Visibility – Get featured across top industry media platforms.

✅ Award & Certificate – Receive an official award and certification of excellence.

✅ Social Media Badge – Showcase your achievement with a special digital badge.

✅ Networking Opportunities – Connect with top industry professionals and brands.

✅ Potential Job Offers – Many recruiters and brands look for talented individuals through such awards.

✅ Feature in Hospitality Career Profile – Your work and profile may be showcased in India’s leading hospitality news magazine.

✅ Boost Your Brand – If you own a business or work in a bar/restaurant, this award can bring more attention to your establishment.

✅ Showcase Your Talent Globally – This recognition helps you stand out in India and beyond.

✅ Special Mentions & Promotions – Winners and finalists may receive additional mentions in various industry events and media. Award Timeline Nomination Opens: March 1, 2025 Nomination Closes: April 30, 2025 Voting Opens: May 1, 2025 Voting Closes: May 30, 2025 After voting closes, the top 20 candidates will be selected for the final round, where they will face a panel of expert judges. Official Mocktail Publication & Extra Points The official mocktails created by participants will be published on Hospitality Career Profile’s website. Each mocktail article will receive reviews and ratings from industry professionals. Additional points will be awarded based on:

✅ Article Reviews – Reviews and engagement on the mocktail article published on our website.

✅ Social Media Reviews – Likes, shares, and engagement from social media platforms.

Get Ready to Shine! This is your chance to make a mark in the hospitality industry. If you’re passionate about mocktail crafting, don’t miss this opportunity! For more details and nomination submissions, visit Hospitality Career Profile.