Transitioning to AI-driven revenue management requires a strategic approach that builds capabilities progressively. Each stage creates the foundation for increasingly sophisticated optimization.
STAGE 1: Build connected operations
Transform siloed systems into an integrated network by:
Auditing current data sources and systems
Establishing data governance standards
Implementing basic integration architecture
Standardizing processes across departments
STAGE 2: Enable intelligent decision-making
Leverage advanced technologies to optimize operations by:
Deploying AI/ML capabilities
Implementing intelligent booking controls
Establishing real-time market monitoring
Automating decision-making processes
Building predictive capacity modeling