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Wyndham reports 5% increase in pipeline in Q2

Hotel Business

Wyndham Hotels & Resorts increased its pipeline by 5% to a record high of 255,00 rooms in development in its results for the three months ended June 30. Ancillary revenues increased 19% compared to second quarter 2024 and 13% on a year-to date basis. Highlights include: System-wide rooms grew 4% year-over-year.

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8 Revenue Management Trends that Define 2025 & Beyond

Hotel Speak

So, in the ever-evolving world of revenue management, the following foundations will always remain essential: Data collection: Gathering accurate and comprehensive data is crucial for effective revenue management. Forecasting: Using historical data and market trends to predict future demand and optimise pricing accordingly.

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Beyond Occupancy: Alternative Revenue Streams for Saturated Markets

TravelNet

Markets are saturated. Ancillary revenue to the rescue! For property management companies looking to expand profitability without adding inventory or dramatically increasing workload, alternative revenue streams can be a game-changer. This post will show you how to convert those opportunities into revenue.

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Products, partnerships introduced at HITEC

Hotel Business

Zucchetti North America launches Lybra Assistant in North America Zucchetti North America has introduced Lybra Assistant, its next-generation revenue management system (RMS), to the North American market. This enables proactive engagement with potential guests in high-demand feeder markets before it becomes apparent to competitors.

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Beyond RevPAR: Judi Blakeburn (CCO) at Another Place & Watergate Bay on a Guest-Centric Revenue Revolution

Hotel Speak

Back then, we would never have called ourselves one, but we were akin to a resort. Finally, we bought a Canadian solution called ResortSuite, a complete resort system. Judi: We budget for ancillary revenue to be 40% of overall revenue, and I only see that growing as we continue to develop our guest experience.

Revenue 101
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Lakeview Hotels & Resorts Celebrates 20 Years of Innovation, Growth, and Guest Service with RoomKey

Hospitality Tech

“RoomKey has been part of our journey from the ground up,” said Jeannette Clarke , Regional Operations Manager for Tech Support, HR, Loyalty Programs, and Reservations Services at Lakeview Hotels & Resorts. High Paws is now live across all Great Wolf Lodge resorts nationwide, as well as the corporate support center.

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Choice exceeds full-year 2024 expecations

Hotel Business

. “In 2024, we also successfully relaunched four brands, substantially expanded our partnerships business, significantly increased our international footprint, achieved record organic rewards program growth and unlocked new value through additional ancillary revenue opportunities. Increased domestic RevPAR by 4.5% Repurchased 3.1