article thumbnail

Hotel Revenue Management Strategies

Xotels

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.

article thumbnail

How To Create the Perfect Hotel Marketing Budget

Travelboom Marketing

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.

article thumbnail

Building customer relevance to grow market share

Boutique Hotel News

How have you adapted your sales and marketing strategy to attract these new segments? . Where are your target markets researching and booking their travel? Day-use services and memberships provide additional ancillary revenue streams especially important given the decline in business travel.