A decade of Octopus Revenue: ten years of the most famous TENtacles in the hotel revenue management industry
January 2024 sees Octopus Revenue celebrate a decade of success, innovation and growth.
Let’s pause, reflect and celebrate our achievements and outline the lessons learned during our remarkable 10-year journey.
Our founding principles
In 2014, Octopus Revenue was founded with a clear vision — to give hotels access to specialist hotel revenue management strategies, offering both long-term and short-term revenue management solutions.
Our commitment to providing practical and cost-effective solutions and personalised strategies set the foundation for what would become a decade of success.
Evolving technology
Like all industries, the past ten years have seen a rapid evolution in technology in hospitality, and Octopus Revenue has been at the forefront of adopting and adapting to these changes. From the early days of manual systems to the massive shift of the digital age, we have continuously embraced technology to enhance our offerings and better serve our clients.
Our clients
The heartbeat of our business lies in the success stories of our clients. From boutique hotels to international chains, our tailored revenue management strategies have consistently delivered measurable results. Witnessing our clients thrive and achieve steady revenue growth has been one of the most rewarding aspects of our business journey – and we want to thank each and every one of them.
Navigating challenges
The hospitality industry is not without its challenges, and the past decade has seen its fair share of global uncertainties. From the economic downturn to the pandemic, Octopus Revenue and our clients have demonstrated resilience and adaptability - weathering the storms together and emerging stronger on the other side.
Team players
Octopus Revenue would not be here without the dedication and expertise of our team. As we grew from a small start-up to a well-respected industry player, our commitment to surrounding ourselves with good people has been paramount. A collaborative spirit has been instrumental in our success.
Industry collaborations
Over the years, Octopus Revenue has formed strategic partnerships with leading players in the hospitality sector – such as In4Hospitality and its partners. Collaborations have allowed us to stay at the forefront of industry trends and expand our knowledge and network. We look forward to continuing to work with an array of innovative hospitality suppliers.
Continuous innovation
In an industry that is constantly evolving, staying ahead requires a commitment to continuous learning and innovation. Octopus Revenue has invested in research and development, ensuring that our strategies remain cutting-edge and aligned with the latest industry trends. We have also invested in our eLearning platform, delivering online hotel revenue management courses designed to help hotel professionals progress in their careers.
Sustainable steps
As a responsible business, we recognise the importance of sustainable practices. Over the past decade, we have implemented initiatives to contribute to a more sustainable and eco-friendly hospitality industry.
Positive feedback
Our commitment to delivering a high-quality service is evident in the positive feedback we've received over the last ten years. We value any suggestions provided by our clients, using them to continually refine our services to better meet their individual needs.
Looking to the future
As we reflect on the past ten years, we are excited about the future. Octopus Revenue remains dedicated to moving forward and helping our clients navigate the changing landscape of the hospitality industry.
With a solid foundation, a passionate team, and a commitment to excellence, we look forward to the next decade of shaping the future of hotel revenue management.