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Strategies for Ancillary Revenue Success in Hotels

eZee Absolute

Ever thought about how hotels can pocket some extra cash beyond just renting out rooms? Well, here’s a trick called “ancillary revenue.” ” It is when a hotel offers additional services or packages to enhance a guest’s stay. Curious about how you can tap into this for your hotel?

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Ancillary revenue: Guide and examples for hotels

SiteMinder

What is ancillary revenue? Ancillary revenue is when you earn income from additional services or products offered at your hotel. By offering these added touches, you’re not just boosting your revenue; you’re creating memorable experiences that make your hotel stand out.

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Transforming Guest Experiences to Drive More Revenue

STAAH

To succeed in hospitality, hotels must go beyond room bookings, tapping into ancillary services to drive growth amidst changing markets. In the competitive world of hospitality, maximizing revenue from room bookings alone is no longer sufficient for sustaining growth and profitability.

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7 Hotel Revenue Management Trends & Innovations of 2024

STAAH

Let’s delve into some of the key trends shaping the future of revenue management in the hotel industry: 1. Technology Adoption to Increase Efficiency Embracing technology has become a cornerstone of modern revenue management practices.

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Curator and Tock partner to enhance the guest experience

Hotel Business

Tock, a reservation, experiences and events platform for the hospitality industry, has partnered with Curator Hotel & Resort Collection. As Curator’s newest platform partner, Tock will empower member hotels and resorts to streamline their operations, drive ancillary revenue and elevate guest experiences all on one system.

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Creative F&B Opportunities for Independent Hotels

Webrezpro

Guests are no longer satisfied with mediocre dining options at hotels. A robust F&B program can positively impact revenue in a significant way, driving repeat stays and attracting local guests. Distinctive dining options can set your hotel apart, making it a destination in itself.

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Top three reasons a hotel-specific CRM outshines generic solutions

Hotel Speak

Experience is everything in hotels today. And a Customer Relationship Management (CRM) system designed for hospitality has the power to make hotels stand out from the crowd. The right CRM helps hotels deliver that craved-for personalized experience, meeting the needs of each guest on their individual journey.