Hospitality Net

JANUARY 22, 2024

InnSpire, the leading provider of innovative hospitality technology solutions that help drive seamless, world-class guest experiences for some of the world’s most iconic hotels and brands, has announced a strategic partnership with RealTime Reservation (RTR), a centralized inventory control and management platform that assists hotels in maximizing (..)

Ancillary Revenue 245

Ancillary Revenue Revenue Services Hotels 245

Hospitality Net

JULY 17, 2023

Book4Time, the world’s leading spa and ancillary revenue management solution for hotels & resorts, has expanded coverage for their integrated Book4Time Pay solution to over 30 countries in North America, Europe and Asia through a partnership with Adyen, one of the world’s leading fintech companies.

Ancillary Revenue 240

Ancillary Revenue Revenue Management Revenue Resorts 240

Hotel Speak

FEBRUARY 1, 2024

The annual Duetto Revenue Management Trends & Predictions Survey results are in! There was also continued investment in technology, This year, we take a closer look at how that group business might be revenue optimized, as well as identify the channel management tactics hotels are planning to invest effort in for 2024.

Revenue Management 96

Revenue Management Revenue Management Forecasting 96

Xotels

APRIL 3, 2024

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Catala Consulting

JULY 30, 2023

In the fiercely competitive hospitality industry, the essence of successful resort revenue management lies in data-driven decision-making. This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. Why is Revenue Management Imperative for Resorts?

Revenue Management 52

Revenue Management Revenue Resorts Management 52

STAAH

JANUARY 16, 2024

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 ancillary revenue. Dynamic pricing is a modern hotelier’s most effective strategy for revenue management.

Revenue 85

Revenue Ancillary Revenue Revenue Management Hotels 85

Mews

NOVEMBER 9, 2023

Hotel ancillary services allow hoteliers to boost their average daily spending and make each reservation more valuable. Encouraging guests to purchase added services can also improve their experience at your hotel.

Ancillary Revenue 52

Ancillary Revenue Revenue Services Hotels 52

Mews

JULY 11, 2023

A question on every hotelier's mind: how to generate more revenue in a hotel. While there's no tried and tested solution, it can be achieved by creating a good promotion plan, tapping into sources of ancillary revenue, upselling, and other marketing strategies.

Ancillary Revenue 52

Ancillary Revenue Revenue Upsell Marketing Strategy 52

Little Hotelier

OCTOBER 17, 2023

What is hotel revenue? Hotel revenue is the income your business earns from selling rooms or other products and services to guests. While revenue is mostly generated from selling your rooms, you can also collect revenue from your amenities such as a bar, restaurant, gym, or spa.

Revenue 100

Revenue Hotels OTA Ancillary Revenue 100

Amadeus Hospitality

APRIL 21, 2023

The hotel had developed a growth strategy that included converting more website visitors into bookers and driving additional ancillary revenue – selling more experiences and product enhancements – on the Handlery website.

Ancillary Revenue 52

Ancillary Revenue Revenue Occupancy Hotels 52

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Hotel Business

MARCH 6, 2024

Arigo, who brings 35 years of industry experience to LuxUrban, will be primarily responsible for the day-to-day operations of the company’s hotel portfolio, with a focus on enhancing property-level operations, optimizing supply chain relationships, elevating the customer experience and pursuing ancillary revenue opportunities across the portfolio.

Ancillary Revenue 64

Ancillary Revenue Revenue Management Hotels Revenue 64

Skift Blog

MARCH 26, 2023

Skift Take: Every commentary on hotel performance refers to revenue per available room as a key industry metric — RevPAR. Yet non-room revenue from cafes, co-working, spas, and events is growing in importance. Hoteliers should focus more on overall earnings per square meter. Sean O'Neill Read the Complete Story On Skift

Revenue 246

Revenue Events Hotels Ancillary Revenue 246

Webrezpro

FEBRUARY 27, 2024

Creating, promoting, and stocking hotel merchandise is a significant undertaking for busy hoteliers. However, the potential payoff can be worth it. Travelers are always looking to take a piece of their destination home with them or for their loved ones.

Revenue 90

Revenue Branding Shopping Hotels 90

Hotel Business

DECEMBER 12, 2022

Hotel management system provider RoomRaccoon has unveiled its annual global report, RoomRaccoon Report 2022, “A Year of Impact: What’s Next?” Hotels are generating better revenue. Revenue per available room (RevPAR) this year is up 46% compared to 2021. Memorable experiences outweigh rising inflation.

Occupancy 115

Occupancy Ancillary Revenue Upsell Revenue 115

Fuel Travel

MARCH 28, 2023

Mobile keys integrate with other hotel systems Digital keys can be integrated with other hotel systems, such as the hotel’s property management system and hotel guest messaging software , to further enhance the guest experience. Similarly, digital keys can also play an important role in improving hotel mobile check-out solutions.

Ancillary Revenue 78

Ancillary Revenue ROI Revenue Hotels 78

Hotel Business

NOVEMBER 9, 2022

JLL’s Hotels & Hospitality Group ’s second-annual Hotels Global Asset Management Report highlights four recommendations for hotel owners when planning their 2023 budgets: Transform labor strategy to attract and retain top talent. Push rates judiciously and keep disciplined cost management solutions employed during the pandemic.

Ancillary Revenue 52

Ancillary Revenue Operations Intent Market Share 52

Hotel Business

JULY 11, 2023

This acquisition expands Sojern’s Travel Marketing Platform to engage across the entire guest journey with VenueLytics’ technology that includes an Artificial Intelligence (AI)-powered virtual concierge, real-time guest feedback and digital reputation management tools, and a guest marketing suite for email and text promotions.

Ancillary Revenue 40

Ancillary Revenue Casinos Upsell Market 40

Hotel Business

MARCH 7, 2023

Some of the focuses are automation and creating new opportunities for increased pricing power, more ancillary revenue uptake for hotels and an creating even stronger guest experience. What’s new in RM, what are global revenue managers focused on?

Consumer 52

Consumer Ancillary Revenue Revenue Management Revenue 52

SiteMinder

AUGUST 22, 2022

GuestJoy will further expand SiteMinder’s robust hotel commerce offering, allowing hoteliers to automate and digitise their guest communication, drive upsell revenues, and strengthen direct guest acquisition. It’s why we set ourselves the mission of designing GuestJoy to be very easy to use, using data-driven intelligence and automation.

Ancillary Revenue 52

Ancillary Revenue Upsell Hotels ROI 52

Hotel Business

JANUARY 31, 2023

The report recaps the events that made 2022 a standout year for the hospitality management company: The full conversion to six vertical and geographically focused operating divisions, intended to refocus deep industry expertise and deploy dedicated resources to better serve owners. 23-25 at the JW Marriott Los Angeles L.A.

Ancillary Revenue 52

Ancillary Revenue Upsell Services Operations 52

Webrezpro

JULY 12, 2023

However, in our imaginary revenue competition, there is a clear winner. Riddle: Two hotels have the same number of rooms and charge the same rates. On a given night, both book an equal number of rooms. How is this possible? The answer is simple (and the title of this post may be a giveaway!). TRevPAR […] Source

Revenue 78

Revenue Hotels Ancillary Revenue Revenue Management 78

Amadeus Hospitality

OCTOBER 19, 2023

The hotel’s current set of solutions includes Amadeus’ Digital Media Solutions (SMS, GDS Media, Meta); Reservations Solutions (iHotelier, GDS, ODD, Consortia); Guest Management Solution (GMS) – Marketing Automation; Website Solutions ; and Business Intelligence Solutions (Agency360®, Demand360®, RevenueStrategy360™).

Resorts 59

Resorts Branding Ancillary Revenue Revenue 59

Travelboom Marketing

SEPTEMBER 1, 2023

Independent hoteliers and other small management groups should pay close attention to the competition and work to engage potential guests – or risk leaving money on the table. Revenue Maximization: With any direct booking, a hotel will have the potential to drive both primary and ancillary revenue during and after the booking.

Upsell 52

Upsell Ancillary Revenue Hotels Travel 52

Travelboom Marketing

NOVEMBER 7, 2023

Rather, you need to ensure your efforts here are driving meaningful engagement , traffic, (and revenue). From marketing to operations to revenue management, your SWOT analysis should evaluate all aspects of your hotel. App Development: Mobile apps are proving to be a fantastic means for guest satisfaction and revenue generation.

Hotel Marketing 96

Hotel Marketing Market Marketing OTA 96

Mews

FEBRUARY 22, 2023

We can set rates according to clever algorithms, which do the work of a thousand revenue managers. Digital nomads are likely to consume more in the hotel, boosting ancillary revenue. And so much more.

Hospitality 52

Hospitality Ancillary Revenue Services Travel 52

Xotels

APRIL 19, 2021

This brings us to the real question: ¨which hotel management actions will truly help us to differentiate ourselves from the rest of the hotel market and thrive in the post Covid-19 era.¨. Not only do lackluster experiences fail to drive revenue but who tells others about their stay if it was anything less than spectacular. .

Ancillary Revenue 52

Ancillary Revenue Hotels Market Marketing 52

Boutique Hotel News

DECEMBER 20, 2022

Marc Saunders, director of marketing at Splendid Hospitality, also believes there is opportunity to drive revenue by activating hotel spaces with retail partnerships. 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

Travel 124

Travel Hotels Branding Real Estate 124

Webrezpro

AUGUST 17, 2023

One of the best ways to boost your hotel’s bottom line is to offer activity packages and add-ons. Not only do they provide an opportunity to increase your TRevPar, they give guests more of an experience at your hotel. People have returned to travel in droves, but today’s guests don’t just want a place to […] Source

Hotels 85

Hotels Travel Ancillary Revenue Revenue Management 85

Xotels

SEPTEMBER 22, 2022

Maintaining a holistic, cross-channel approach is essential and always is highly-recommended by our hotel management company. Reputation management. Reputation management. In this article we will cover 15 best practices to create a solid marketing plan and strategy for your property: Guest experience is everything. Social media.

Hotel Marketing 40

Hotel Marketing Market Marketing OTA 40

eZee Absolute

DECEMBER 7, 2023

Table of Content Sustainable Practices Technology Integration Health and Safety Food and Beverage Trends Wellness and Well-being Marketing and Branding Revenue Strategies Sustainable Practices According to a survey conducted by Trip.com, 69% of travellers actively seek out sustainable travel options. Let’s take a look at it one by one.

Hospitality 59

Hospitality Revenue Dining Accommodation 59

Hotel Speak

MAY 9, 2023

From our perspective as a hotel management company , we see both challenges as well as opportunities for hoteliers. When we talk about cost control in the hotel industry, we typically refer to the management of expenses and the optimization of resources. Keep reading our article on how to approach this multi-faceted issue.

Upsell 59

Upsell Hotels Revenue Operations 59

Hotel Business

JULY 13, 2023

When I developed HotelIQ Decision Cloud, it was very important to me to make data more accessible to the entire commercial team by breaking down the walls that traditionally exist within a hotel’s sales, marketing and revenue management departments,” said Apo Demirtas, founder/CEO, HotelIQ.

Revenue 52

Revenue Ancillary Revenue Management OTA 52

SiteMinder

NOVEMBER 22, 2023

Making sure your OTA profile is optimised and managing your online reviews are two vital tasks you need to perform. Let’s see how you can influence your revenue potential at each stage… 1. Work hard to perfect your profile and manage online reviews. Hotel sites were next with 17% of the share.

Hotels 100

Hotels Travel OTA Revenue 100

SiteMinder

AUGUST 18, 2022

When it comes to successful revenue management strategy , it’s not just about tracking your own internal metrics such as RevPAR. At your hotel you also need to perform regular competitive analysis to see where you stand in the local market and how you can gain an advantage, or at least maximise your potential revenue and profit.

Hotels 52

Hotels Revenue Ancillary Revenue OTA 52

SiteMinder

SEPTEMBER 6, 2023

For hoteliers, guests that opt for extended stays provide a powerful source of bookings and revenue. Steady revenue stream Long-term guests mean a consistent income, reducing the stress of seasonal fluctuations. Maximise your revenue with real-time data analytics. Streamline operations with an intuitive user interface.

Motels 52

Motels Ancillary Revenue Revenue Hotels 52

StayNTouch

NOVEMBER 16, 2022

Leveraging Technology to Drive More Bookings for Your Hotel By Justin DeRise The foundation of any hotel sales and revenue strategy lies in its distribution channels. Integrating your PMS with a guest messaging system and an online reputation manager can help promote positive reviews and increase your brand’s reputation.

OTA 52

OTA Hotels Revenue Overbooking 52