SiteMinder

APRIL 25, 2024

The gap, observed and experienced by many, suggests that the industry has far from realised the full potential that the practice holds for today’s accommodation businesses. The exact genesis of yield management (now revenue management) in the hospitality sector is hotly debated,” says Stuart-Hill.

Revenue Management 111

Revenue Management Revenue Management Hotels 111

eZee Absolute

OCTOBER 11, 2023

Nestled in the breathtaking mountains of Uttarakhand, Sidus Galaxy Resort & Spa stands as a picturesque retreat, offering guests an exquisite blend of luxurious accommodations, personalized services, and unique experiences, all framed by the awe-inspiring backdrop of the Himalayan snowclad peaks. They’re available 24*7 to help you out”.

Resorts 52

Resorts Management Sales Yield Management 52

Xotels

APRIL 3, 2024

Without a healthy distribution mix including a strong website and direct sales, you can forget about your profit margins. Understand your Hotel´s Market The success of your revenue management strategy depends on how well you understand your market. Have both on and- offline marketing/sales content available to entice group stays.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Xotels

APRIL 3, 2024

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Article Summary: What is the Definition of Revenue Management? Why is Revenue Management Important to Hotels & Other Industries?

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

SiteMinder

OCTOBER 9, 2022

Few roles in the hotel industry have evolved as quickly as the revenue manager.Powered by technological advances, the rapid sharing of knowledge and online training, the discipline is synonymous with smart pricing decisions and expectations are always high in the highly competitive accommodation market.

Revenue Management 59

Revenue Management Revenue Management Occupancy 59

Cloudbeds

JULY 15, 2023

And even then, manually-managed distribution is risky: any delays in updating rates and availability on a channel’s extranet could mean selling a room that isn’t available or selling at a lower rate, which can lead to overbooking and sub-optimal yield management. There are no duplications or manual reconciliations required!

Management 76

Management OTA Cancellation Overbooking 76

Xotels

AUGUST 9, 2021

On top of that, most metasearch advertising management platforms, such as Meta I/O, also give advertisers the opportunity to work in PPS on some markets and in CPC for others, maximizing ROAs and increasing NRevPAR. Thanks to this update, accommodation providers can appear on Google Ads even without bidding on the platform.

Market Share 52

Market Share Hotels OTA Cancellation 52

Xotels

MAY 30, 2024

And in this case, Room Revenue, when we talk about accommodation. Hotel rooms are sold in a highly dynamic marketplace with many external factors impacting your daily sales results. The term for turnover used in a hotel is revenue. We need to take a closer look at the revenue and start dissecting it.

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

SiteMinder

NOVEMBER 24, 2023

Evaluating SiteMinder reviews enables accommodation providers to determine its suitability for their specific needs and operational requirements, allowing them to invest in solutions that align with their business goals and increase overall efficiency, guest satisfaction, and revenue results. Very user friendly, simple to use.”

Revenue 52

Revenue Revenue Management Management General Manager 52

SiteMinder

JANUARY 10, 2024

Sales and marketing hotel training: How can your staff help to bring more business in, beyond providing an excellent customer experience? Sales and marketing hotel training has the answers. We were able to increase RevPAR by more than 30% by executing yield management on the platform swiftly and accurately.”

Management 59

Management Hotels Services Business 59

Xotels

APRIL 3, 2024

Without a healthy distribution mix including a strong website and direct sales, you can forget about your profit margins. Understand your Hotels Market The success of your revenue management strategy depends on how well you understand your market. Have both on and- offline marketing/sales content available to entice group stays.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40