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In todays competitive hospitality landscape, driving revenue beyond the traditional room rate is no longer a luxuryits a necessity. Thats where Pablo Torres, hospitality consultant and SiteMinder Expert Partner , comes in. With over two decades of experience, Pablos expertise is helping hotels unlock hidden revenue potential.
In todays competitive hospitality landscape, driving revenue beyond the traditional room rate is no longer a luxuryits a necessity. Thats where Pablo Torres, hospitality consultant and SiteMinder Expert Partner , comes in. With over two decades of experience, Pablos expertise is helping hotels unlock hidden revenue potential.
By Dr. Ravi Mehrotra The hospitality industry is undergoing profound transformation driven by rapid technological advancement, volatile market dynamics and heightened customer expectations. A major limitation in legacy hotel revenue management practices has been the isolation of revenue teams from their marketing and sales counterparts.
Everything we do must connect to them ‘ ethos and how this approach has not only revolutionised the guest experience but has also become the driving force behind a more holistic and resilient revenue generation strategy, one that prioritises Revenue Per Available Guest (RevPAG) and cultivates meaningful, long-lasting guest relationships.
powers the hospitality industry’s first deeply granular and uniformly consistent real-time synchronized guest data across hospitality applications. Agilysys guestsense.ai
Think of the SGI as the hospitality equivalent of a well-curated travel concierge – one that knows your guests spa appointment, dinner reservation, golf tee time and airport transfer, all in one place. The Agilysys 2024 APAC Hospitality Impact Study revealed that 68% of travellers are willing to spend more on tailored experiences.
Flexible and scalable, our growing roster of mutual clients includes Mandarin Oriental and Four Seasons, with hotels typically experiencing a 20% to 40% boost in F&B revenue following deployment.â This partnership marks a significant advancement in the evolution of luxury hospitality across the globe.
Mews adds point-of-sale to its hospitality cloud Mews has added Mews POS (Point-of-Sale) to the embedded payments experience offered with Mews Hospitality Cloud, providing increased operational time savings for hotels and a frictionless experience for guests. Plusgrade brings a new level of sophistication to upselling.
Guests using kiosks generate 70% more upsell revenue per check-in than those checking in at the front desk. Hospitality IT leaders should treat digital check-in and personalized guest flows as core infrastructure, not fringe innovation. Hotels that donât adapt risk falling behind not just in satisfaction but in revenue performance.
Hospitality leaders embrace technology for growth Our latest report, “ Travel Technology Investment Trends 2024 ,” reveals a strong commitment among hoteliers to increase their technology spend. rise in direct booking conversions over a six-month period, significantly boosting its overall revenue.
âHospitality is built on human connectionâbut the tools weâve given teams have too often gotten in the way,â said Karie Kelly, CPTO at Unifocus. Together, XiQ and Staff Collaboration form the foundation of the Communications pillarâa long-term strategy to unify the signals, conversations, and workflows that define hospitality.
âHospitality is built on human connectionâbut the tools weâve given teams have too often gotten in the way,â said Karie Kelly, CPTO at Unifocus. Together, XiQ and Staff Collaboration form the foundation of the Communications pillarâa long-term strategy to unify the signals, conversations, and workflows that define hospitality.
Stay Package Entitlement New Dynamic) increases ancillaryrevenue and guest personalization by simplifying how hotels sell and fulfill packages. Agilysys Book with S.P.E.N.D.
The travel and hospitality sector, in particular, has recalibrated its outlook for the year, with some global hotel brands lowering their RevPAR guidance as they navigate the current climate with a mix of caution and quiet confidence. Enter: ancillary services. You just saw a kind of trickle down. Is it a better view?” says Ellison.
where entrepreneurs present business concepts to a room full of HITEC attendees, as well as a panel of judges including hospitality CIOs, angel investors, serial entrepreneurs and industry insiders. Parker, VP, property systems, Sage Hospitality Group; Neil Smith, director, onsite digital products, Marriott International Inc.;
These models often lack the context and transparency revenue managers need to understand pricing decisions. AI is transforming the hospitality industry by boosting efficiencies and guest personalization however, there continues to be a steep learning curve and general misunderstanding of how and why recommendations are made.
Supercharges Direct Bookings and Guest Engagement with Generative AI Sabre Hospitality announced the latest advancements in SynXis Concierge.AI Custom Connectivity for Every Tier The RUCKUS hospitality solutions work together seamlessly, allowing businesses to pick and choose the right combination for their specific needs.
This collaboration enables hotels using Infor HMS to drive incremental revenue and elevate guest personalization by seamlessly integrating Plusgradeâs proven upsell technology into the core guest journey. âTogether, weâre bringing ancillaryrevenue into the digital core of hotel operations â where it belongs.
When AV systems are down or underutilized, itâs not just an operational failure â itâs a revenue and reputation risk.â AVaStar is changing that conversation. Pop-up and add-on rentals are captured and tracked, increasing ancillaryrevenue without adding headcount. âOur platform gives them a playbook.
Custom Connectivity for Every Tier The RUCKUS hospitality solutions work together seamlessly, allowing businesses to pick and choose the right combination for their specific needs. LAN service providers are enabled to provide more customized solutions to their hospitality clients. announced the launch of Agilysys Book with S.P.E.N.D.
We are incredibly proud to have debuted our new ultra-flexible and adaptable Philips Unite LED 6000 Series All In One for the hospitality industry here at HITEC 2025.â âThe launch of UrResort marks a pivotal moment, not just for UrVenue, but for the hospitality industry,â said Tracee Nalewak, Chief Growth Officer at UrVenue.
The rebrand reflects the companyâs evolution over the last 22 years and its expanded focus across multiple industries, including hospitality, multifamily, senior living, student housing, healthcare and more. By adopting Lybra Assistant, hotels can save up to 1,000 hours of manual work per year.
âThis is a game changer for the hospitality industry,â said Ian Lerner, CEO of Anacove. âThis is a game changer for the hospitality industry,â said Ian Lerner, CEO of Anacove. LAN service providers are enabled to provide more customized solutions to their hospitality clients. Agilysys Book with S.P.E.N.D.
IDeaS, a SAS company, a provider of hotel revenue management software and services, has released its annual trends report, 5 Predictions That Will Shape Hospitality in 2025. As increased access to data empowers next-generation hospitality solutions, modern tech stacks will become crucial to meet next-generation guest expectations.
Hospitality.today⢠Topics Subscribe Topics ⺠Hospitality ⺠Guest Experience Airbnb expands its reachâwill hotels keep up? While some hotel executives appear unfazed, seeing operational challenges in Airbnbâs model, others warn the hospitality industry risks missing out on loyalty-building and ancillaryrevenue opportunities.
The enhanced version of the âSkywayâ application provides hospitality, multifamily and senior living property managers with an easier way to monitor and maintain their propertyâs technology from a single portal, driving operational efficiency and improved guest experience. announced the launch of Agilysys Book with S.P.E.N.D.
One specific area that many residential and hospitality developers are keenly aware of is how important wellness amenities are nowadays for ground-up area planning and conversion or renovation projects. It’s a societal shift with profound implications on hotel and multifamily development.
Now, Sojern and HotelKey take a leap forward by delivering the hospitality industrys unique native integration for capturing real-time guest feedback and ratings within the PMS environment. To meet with Sojern during the event, book a meeting. âWeâre committed to being a long-term business solutions partner to hoteliers,â said Benner.
It shifts the conversation from in-room TVs as guest amenities to essential business infrastructure,â said Jake Benner, Senior Director of Hospitality at LG Electronics North America. Demand360 currently captures the most comprehensive view of the hospitality market to inform hotel strategies.
Duetto releases Revenue & Profit Operating System Duetto has launched The Revenue & Profit Operating System (RP-OS), the first platform designed to bring together all revenue and profit tools in one place. This means hotels are unifying every revenue stream, not only rooms. Agilysys Inc.
As an industry analyst who spends a great deal of time evaluating hospitality technology, I can confidently say that hotels ignoring these signals are at risk of falling behind. Hospitality may be a human business, but todays guests increasingly prefer to communicate digitally via a hotel text messaging system.
FreshAir Certified addresses these challenges by enabling hotels to offer guests rooms with scientifically verified, high-quality indoor air, meeting the growing demand for personalized, wellness-focused accommodations while creating a new, effortless revenue stream, according to the company. Early results indicate that U.S.
In today’s competitive hospitality landscape, offering just a clean room and a comfy bed doesn’t cut it. When strategically implemented, entertainment becomes more than just a guest delight tool — it’s a driver of brand loyalty , ancillaryrevenue, and five-star reviews.
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.
Well, here’s a trick called “ancillaryrevenue.” To put it in simple words, ancillaryrevenue or additional revenue is like a bonus income that hotels can earn from things besides just renting rooms. That’s exactly what ancillaryrevenue is all about.
In today’s fast-paced hospitality landscape, staying ahead of the curve is paramount for maximizing revenue potential. As technology continues to evolve, so do the strategies and innovations within revenue management.
What is ancillaryrevenue? Ancillaryrevenue 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. Think of it as the cherry on top.
In today's tech-driven world, guest expectations are at an all-time high, and forward-thinking hotel brands are tapping into digital retail strategies to not only meet but exceed these demands.
Diversifying your revenue means maximising its full potential and being prepared for the unexpected with a robust earning structure. Along with the many other things Covid taught us, it also taught hoteliers not to solely rely on room revenue as a source of income. Don’t lose sight of core ancillaryrevenue. for a cost.
A few small but powerful tweaks to your overall pricing strategy can make a dent to your revenue. In this blog, we share some simple tactics and ideas that can boost your hotel’s revenue. Optimise ancillaryrevenue. Dynamic pricing is a modern hotelier’s most effective strategy for revenue management.
By offering unique, tech-driven and personalized loyalty programs, hoteliers can increase RevPAR and occupancy, tap into ancillaryrevenue streams and stand out from the crowd.
This feature allows guests to secure a locked-in rate for future stays for a nominal fee, mirroring the flexibility often seen in airline reservations.
The Hospitality Sales & Marketing Association International (HSMAI) has released a new eBook, created in collaboration with Milestone Inc. The first section covers key trends impacting hospitality and serves as the essential manual for strategizing a digital roadmap. MCLEAN, Va. —
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