STAAH

JANUARY 16, 2024

There is no set formula to increase a hotel’s revenue, it can be achieved by creating a good promotion plan, tapping into sources of ancillary revenue , upselling and other marketing strategies. 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

Xotels

APRIL 3, 2024

In short, revenue management is a disciplined approach that aims to increase the revenue success of your business. This is done by thoroughly understanding your property, its customers, and the market. Understand your Hotel´s Market The success of your revenue management strategy depends on how well you understand your market.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Boutique Hotel News

DECEMBER 20, 2022

BHN editor Eloise Hanson outlines six hotel and travel trends expected to shape the industry in 2023. Pent-up demand and revenge travel have helped major cities recover post-Covid, resulting in strong and resilient ADRs. Every interaction is an opportunity to sell in a smart way,” says Adir Ron , chief marketing officer at Duve.

Travel 124

Travel Hotels Branding Real Estate 124

Boutique Hotel News

NOVEMBER 15, 2022

Together with the staffing crisis that the industry is grappling with, one theme has dominated discussions over the last few months – what are hotels doing to service the post-Covid traveller? Remaining relevant to guests is key, and those that don’t are at risk of losing market share. Who is your customer? . The new guest.

Market Share 52

Market Share Market Marketing Ancillary Revenue 52

Hotel Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Domestic tourism is still going strong.

Occupancy 115

Occupancy Ancillary Revenue Upsell Revenue 115

STAAH

NOVEMBER 14, 2023

Let’s dive into the sleigh of swift strategies and tips on how you can offer vouchers to drive ancillary revenue: 1) Personalized Holiday Cheer: Send to your past customers with a festive email, blending warm holiday wishes with exclusive vouchers.

Ancillary Revenue 82

Ancillary Revenue Sales Business Revenue 82

Hotel Business

JULY 11, 2023

Travel marketing platform Sojern has acquired VenueLytics , an integrated guest experience platform serving independent hotels, resorts, chains and casinos. Sojern will incorporate VenueLytics’ capabilities as an extension of the Sojern Travel Marketing Platform.

Ancillary Revenue 40

Ancillary Revenue Casinos Upsell Market 40

Hotel Speak

FEBRUARY 1, 2024

The 2023 results showed that hoteliers were hopeful of the return of business travel and group business, and mindful of short booking windows. After weeks of polling hoteliers from around the world, we can now deep-dive into the results and see what trends and predictions hotel teams are looking at for 2024. out of 5 in 2023. in 2023.

Revenue Management 97

Revenue Management Revenue Management Forecasting 97

Xotels

SEPTEMBER 22, 2022

Today’s traveler’s journey is more fragmented than ever. The primary goal of a robust hotel marketing plan, in fact, is to increase your brand visibility (and to do so transversally), ensuring that your property is bookable wherever your potential customers choose to research their trip. Content marketing.

Hotel Marketing 40

Hotel Marketing Market Marketing OTA 40

Catala Consulting

JULY 30, 2023

The science of resort revenue management transforms various factors, such as booking patterns, guest behaviour, market trends, and competitor analysis, into tangible insights that drive financial performance. Why is Revenue Management Imperative for Resorts?

Revenue Management 52

Revenue Management Revenue Resorts Management 52

Xotels

APRIL 3, 2024

What Does the Process of Revenue Management Look Like? Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? Prompt Reactions: Respond swiftly to market fluctuations, demand shifts, and competitor actions.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Travelboom Marketing

SEPTEMBER 1, 2023

Hotels are experiencing a major shift in traveler behavior, including the most recent demands from guests. In the latest TravelBoom Leisure Travel Trends Study , we recognize the importance of loyalty programs for hotels. However, when it comes to hotel loyalty programs travelers from ages 18 to 80 agree. 35 and Under 65.5%

Upsell 52

Upsell Ancillary Revenue Hotels Travel 52

Lure Agency

MARCH 24, 2023

It consists of remote employees or executives from one or more companies who devote time to discuss their business strategies, work on projects, or brainstorm ideas for future growth — all without traveling for an extended period. Relationship Marketing Fills a Better Funnel Why should hotel salespeople care?

Ancillary Revenue 116

Ancillary Revenue Hiring Hotels Business 116

Hotelier Magazine

JANUARY 24, 2024

Now, hotel operators are constantly seeking innovative ways to enhance customer loyalty and set themselves apart in a crowded market. This year, chick says the company “will be launching Hilton for Business, which aims to transform the business-travel experience and expand [the company’s] events booking capabilities.

Ancillary Revenue 59

Ancillary Revenue Hotels Consumer Business 59

Hotel Business

NOVEMBER 9, 2022

Understand the evolving nature of lodging demand and intentionally drive ancillary revenue to optimize profit. Capital expenditures should aim to protect market share and enhance property value. Global economic headwinds have had a limited negative impact on hospitality fundamentals across most major markets in 2022.

Ancillary Revenue 52

Ancillary Revenue Operations Intent Market Share 52

Fuel Travel

MARCH 28, 2023

And savvy hotel digital marketers can use this technology to push personalized messaging to guests before, during and after their stay. Digital keys can also be used to promote ancillary revenue sources, such as room upgrades, restaurant reservations, tee time bookings, and spa treatments.

Ancillary Revenue 78

Ancillary Revenue ROI Revenue Hotels 78

Hotel Business

MARCH 7, 2023

Hotel Business spoke with Michael McCartan , the newly appointed area VP for Europe, the Middle East and Africa (EMEA) for IDeaS while he is at travel trade show ITB Berlin. The travel community, in Europe and worldwide, is happy to be back at it, booking business and making new contacts at trade shows. At the same time, as in the U.S.,

Consumer 52

Consumer Ancillary Revenue Revenue Management Revenue 52

Fuel Travel

FEBRUARY 23, 2023

They’re even expected, with many younger travelers expecting to do everything on their phones to limit in-person interaction. Increase revenue Increase revenue overall by cutting costs (staff, paper, resources) and improving ancillary revenue! Mobile solutions increase productivity and reduce complications.

Ancillary Revenue 55

Ancillary Revenue Hotels Revenue Services 55

Little Hotelier

OCTOBER 17, 2023

So let’s look at some of the best ways you can make the above strategies work… 15 best ways to increase hotel revenue 1. So let’s look at some of the best ways you can make the above strategies work… 15 best ways to increase hotel revenue 1. Audit your hotel Wherever you can save money is the same as making money.

Revenue 100

Revenue Hotels OTA Ancillary Revenue 100

SiteMinder

SEPTEMBER 6, 2023

The modern traveller is looking for more than just a room; they’re seeking a holistic living experience. This is especially appealing to long-term business travellers, digital nomads, and families who prefer the comforts of home alongside the luxury of hotel services. Meeting rooms : For the business traveller.

Motels 52

Motels Ancillary Revenue Revenue Hotels 52

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.

Hospitality 59

Hospitality Revenue Dining Accommodation 59

Amadeus Hospitality

OCTOBER 19, 2023

Méndez, Director of Sales & Marketing, El Conquistador Resort: “Our partnership with Amadeus has allowed us to not only survive but to thrive at the end of a challenging period including closure due to a hurricane, a worldwide pandemic, and, most importantly, a shift from branded to independent status.

Resorts 59

Resorts Branding Ancillary Revenue Revenue 59

Mews

FEBRUARY 22, 2023

The future of the hospitality industry is something we all contemplate three years after a global pandemic struck, changing the way we travel and the way we live. As the world slowly recovers and gets traveling again, modern hoteliers must stay on top of the trends that are shaping the future of the hospitality industry.

Hospitality 52

Hospitality Ancillary Revenue Services Travel 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. GuestJoy has been a SiteMinder partner since 2017, with customers across the UK and Europe. About SiteMinder.

Ancillary Revenue 52

Ancillary Revenue Upsell Hotels ROI 52

Webrezpro

FEBRUARY 27, 2024

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

Revenue 87

Revenue Branding Shopping Hotels 87

SiteMinder

NOVEMBER 22, 2023

More than half of travellers begin their planning with more than one destination in mind, and even in the week leading to a booking decision there are still multiple destinations under consideration. This makes it clear that choosing a destination is a time-consuming process for a traveller and one that draws on many different resources.

Hotels 100

Hotels Travel OTA Revenue 100

StayNTouch

NOVEMBER 16, 2022

Although hotels can 一 and should 一 diversify their income streams and realize the potential of ancillary revenue, distribution remains the cornerstone of hotel profitability and success. Focus too narrowly and you miss potential customers; focus too broadly and you risk wasting resources on unproductive channels.

OTA 52

OTA Hotels Revenue Overbooking 52

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

Hotel Speak

MAY 9, 2023

Cost control challenges can vary from hotel to hotel, depending on the market segment, location, and star classification, but most hotels face similar issues. By reducing costs, hotels can offer better rates to guests, enabling them to better position themselves to budget-conscious travellers.

Upsell 59

Upsell Hotels Revenue Operations 59

Social Tables

SEPTEMBER 21, 2017

Travelers love options. You can use it as a casual marketing tool, letting guests learn more about your hotel, serving them exclusive offers, and even upselling other amenities during their stay. It’s another great way to generate ancillary revenue for your property. Click To Tweet. Allow for remote check-in.

Ancillary Revenue 60

Ancillary Revenue Hotels Upsell Revenue 60

Hotel Operations

MARCH 15, 2023

Analysis from the McKinsey Global Institute has ranked travel as the #1 industry to create the most incremental value from AI: Among the broader travel industry, hotels likely have the most potential because of the complexity of this business and the amount of data that is (and can be) created. What is the industry facing right now?”

Hospitality 59

Hospitality Hotels Operations Revenue 59