Origin World Labs

From PAR to PAC: 8 Steps to Profit from the Big RM Reset

Robert Hernandez — Wed, 20 Feb 2013 17:00:54 +0000

For thousands of years, humans used the movement of the sun and other celestial bodies to get a general sense of the passage of time. This method of timekeeping was reliable and accessible, but it was very inefficient. As early economies became more competitive, humans built contraptions that counted time without relying on the sun.

Ten Common Decision Biases in Rate Setting

Robert Hernandez — Thu, 12 Jul 2012 03:00:28 +0000

In the absence of mathematical analysis, decisions done under uncertainty become highly subjective activities. The most relevant example in hotel RM is the process of selecting the rate that has the best chance of optimizing revenue for any given night. In the vast majority of properties, this task remains a highly judgemental exercise. Even in

Free Coffee with Cream, no Analytics

Robert Hernandez — Mon, 02 Apr 2012 15:51:24 +0000

Welcome to our blog! Today is a great day. It’s great because I unexpectedly got a free cup of coffee from a multinational corporation and, at least during this transaction, I gave them nothing in return, except maybe, some discouraging data.

Here’s the story of my $2 coup in a cup:

My father and I