Travelboom Marketing

NOVEMBER 7, 2023

Conversion Metrics: Is your website driving bookings, leads, quotes, and/or other success events? Few competitors in the area Inexpensive drive or fly market Press coverage Loyalty program creation Local partnerships Area events Threats What threats exist that might compromise your bottom line?

Hotel Marketing 96

Hotel Marketing Market Marketing OTA 96

Hotelier Magazine

JANUARY 24, 2024

“Loyalty programs need to respond to this growing desire among consumers for a more personalized experience or risk becoming irrelevant,” says Danielle Brown, Chief Marketing Officer at Montreal-based Plusgrade, a provider of ancillary revenue solutions for the global travel industry.

Ancillary Revenue 59

Ancillary Revenue Hotels Consumer Business 59

SiteMinder

AUGUST 1, 2024

online advertising, social media, email marketing, partnerships, events) Marketing messages: What key messages will you communicate to your target audience? Offline marketing: How you will explore traditional marketing channels, such as brochures, partnerships with local businesses, and events.

Business 95

Business Revenue Hotels Occupancy 95

Xotels

JULY 26, 2024

In a nutshell, yield management means adjusting your room rates in real-time based on demand , seasonality, events, and even the day of the week. Practical Tips for Yield Management Know Your Demand: Keep a close eye on your booking patterns. What events drive demand in your area? What is Yield Management, Really?

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

Xotels

APRIL 3, 2024

Collaboration with other departments The Future: Total Revenue Management What is Revenue Management? For example, highlight amenities (bar, restaurant, spa, pool), and leverage packages (romantic, weekend, spa offer), to both expose why bookers should stay at your hotel, and generate ancillary revenue by promoting those offerings.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Xotels

JULY 26, 2024

In a nutshell, yield management means adjusting your room rates in real-time based on demand , seasonality, events, and even the day of the week. Practical Tips for Yield Management Know Your Demand: Keep a close eye on your booking patterns. What events drive demand in your area? What is Yield Management, Really?

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Xotels

JULY 26, 2024

In a nutshell, yield management means adjusting your room rates in real-time based on demand , seasonality, events, and even the day of the week. Practical Tips for Yield Management Know Your Demand: Keep a close eye on your booking patterns. What events drive demand in your area? What is Yield Management, Really?

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Boutique Hotel News

DECEMBER 20, 2022

A recent Knight Frank report supports this idea, revealing that ancillary revenues have increased in 2022 with the contribution to total revenue rising by 1.5 Similar technology is already being used by platforms such as Cvent , which provides 3D programming tools for planners to design events in real time.

Travel 124

Travel Hotels Branding Consumer 124

SiteMinder

NOVEMBER 22, 2023

They’ll be playing close attention to all parts of your hotel. If this is satisfying for the guest, they’ll be more likely to spend and you can earn ancillary revenue. Guests may share details and photos of their trip all the way through, but especially as it draws to a close and after they’ve left.

Hotels 100

Hotels Travel OTA Revenue 100

Hotel Speak

MAY 9, 2023

Here are a few examples: Better loyalty programs: by tracking guest activity and preferences, hotels can offer personalised rewards such as discounts, free room upgrades, or access to exclusive events. This approach can lead to the creation of fresh revenue streams, heightened competitiveness, and a renewed brand appeal.

Hotels 59

Hotels Upsell Revenue Market 59

Hotel Operations

MARCH 15, 2023

Layer in merchandising programs, other revenue streams, and unexpected events, and that volume and complexity increase exponentially. We also see hoteliers taking a much more holistic, collaborative, and strategic approach to how they run their business based on advances in AI-powered revenue technology. What is AI good at?

Hospitality 59

Hospitality Hotels Operations Revenue 59