Hospitality Tech

JANUARY 8, 2024

By offering unique, tech-driven and personalized loyalty programs, hoteliers can increase RevPAR and occupancy, tap into ancillary revenue streams and stand out from the crowd.

Ancillary Revenue 64

Ancillary Revenue Revenue Occupancy Hotels 64

Xotels

MARCH 3, 2025

What Are Revenue Management Tools? Revenue management tools are software and systems that help hotels optimize pricing, control cost , maximize occupancy, and increase profitability. It monitors guest reservations, room occupancy, and overall performance metrics. And not just from your hotel rooms?

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Hotel Business

FEBRUARY 20, 2025

. “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. Domestic ADR grew by 3.1%

Ancillary Revenue 59

Ancillary Revenue Pipeline Scale Revenue 59

Amadeus Hospitality

DECEMBER 3, 2024

The report highlights that hoteliers view increasing occupancy and improving operational efficiencies as key priorities, with 85% of hoteliers anticipating that personalization could help deliver over 5% in incremental revenue. decision-makers planning to invest in technology within the year.

Ancillary Revenue 52

Ancillary Revenue Upsell Revenue Shopping 52

Hotel Business

APRIL 25, 2024

Wyndham Hotels & Resorts , for the first quarter ended March 31, reported that global RevPAR grew 1% in constant currency and ancillary revenues grew 8% compared to the first quarter of 2023. The company’s development pipeline consists of nearly 2,000 hotels and approximately 243,000 rooms, an all-time record for the latter.

Pipeline 105

Pipeline Ancillary Revenue Revenue Occupancy 105

Hotel Business

JULY 25, 2024

Ancillary revenues increased 6% compared to second quarter 2023. RevPAR results were driven by growth of 90 basis points in occupancy, partially offset by a decline of 50 basis points in ADR. APAC occupancy declined 7% and ADR declined 5%. Awarded 180 development contracts globally, including 96 contracts in the U.S.,

Pipeline 104

Pipeline Ancillary Revenue Occupancy Branding 104

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. Here are 10 strategies: 1. It is great to be fully booked.

Revenue 104

Revenue Ancillary Revenue Revenue Management Hotels 104

Amadeus Hospitality

APRIL 21, 2023

The Challenge In September of 2022, the Handlery was in the midst of a period of rapid recovery, with an average daily occupancy of over 80%. Happy Ending As a result, the Handlery experienced a 25% increase in direct booking conversions with the new booking engine , and an extremely impressive 125% increase in ancillary revenue.

Ancillary Revenue 52

Ancillary Revenue Revenue Occupancy Hotels 52

Hotel Business

OCTOBER 24, 2024

“Our teams around the world once again delivered exceptional results, executing our long-term growth strategy and achieving 7% growth in comparable adjusted EBITDA fueled by continued system expansion, higher royalty rates and growth in our ancillary revenues,” said Geoff Ballotti, president/CEO. “We Diluted earnings per share was $1.29

Ancillary Revenue 59

Ancillary Revenue Pipeline Revenue Occupancy 59

Xotels

APRIL 3, 2024

Collaboration with other departments The Future: Total Revenue Management What is Revenue Management? For example, highlight amenities (bar, restaurant, spa, pool), and leverage packages (romantic, weekend, spa offer), to both expose why bookers should stay at your hotel, and generate ancillary revenue by promoting those offerings.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Cloudbeds

OCTOBER 9, 2024

By analyzing these elements, hoteliers can more accurately estimate how much revenue they will book in the future. With a comprehensive demand forecast in hand, commercial teams—including sales, marketing, and revenue management—can devise targeted tactics to maximize revenue.

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59

SiteMinder

JUNE 26, 2024

While revenue management is more focused on a hotel’s pricing and availability to maximize revenue, revenue optimization takes a broader approach to include a full range of revenue sources that includes food and beverage, spa services, events, classes, and other ancillary revenues.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

Xotels

SEPTEMBER 13, 2024

Let´s explore the following topics & trends that are shaping the (current) hotel industry landscape: Can’t Forget the Basics What are the trends in revenue management in 2024 Distribution: Fishing Where the Fish Are Outsourcing To AI or Not to AI? Want to read more about the basics of revenue management?

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Xotels

SEPTEMBER 13, 2024

Let´s explore the following topics & trends that are shaping the (current) hotel industry landscape: Can’t Forget the Basics What are the trends in revenue management in 2024 Distribution: Fishing Where the Fish Are Outsourcing To AI or Not to AI? Want to read more about the basics of revenue management?

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Hotel Speak

JULY 19, 2024

Imagine, you’re the revenue manager of a 300-room property, and one week out from the arrival date you have only 30% on the books. especially if your comp set is trending ahead on occupancy on the books. All your competitors are now doing 95% occupancy with a good balance of transient and group. Sounds good, right?

Revenue 82

Revenue Management Revenue Management Average Daily Rate 82

Little Hotelier

OCTOBER 17, 2023

Connect additional channels If you find on some days or weeks your occupancy is lower than you’d like, and not enough revenue is coming in as a result, you may not be reaching a big enough audience. You can use a tactic known as the Billboard Effect to link your website to your OTA profiles, convincing guests to check you out.

Revenue 100

Revenue Hotels OTA Ancillary Revenue 100

SiteMinder

AUGUST 1, 2024

Key goals: State your main objectives, such as increasing occupancy rates, boosting revenue, or expanding your hotel chain. Pricing strategy: How you will set competitive room rates and consider implementing revenue management strategies to maximise occupancy and revenue.

Business 95

Business Revenue Hotels Occupancy 95

Hotelogix

AUGUST 6, 2024

Optimizing ancillary revenue streams: To diversify your revenue sources, consider enhancing offerings in food and beverage, spa services, and event hosting. Targeted marketing campaigns: Run campaigns during off-peak periods to boost occupancy. Use segmentation to target different guest demographics with tailored offers.

Revenue 52

Revenue Management Upsell Target Marketing 52

Amadeus Hospitality

NOVEMBER 12, 2024

When asked to rate their top business objectives that are driving technology investment, 41% of hoteliers cited their desire to increase occupancy. Survey respondents also said data fragmentation (33%), data efficiency (32%), and data integrity (30%) are among the biggest challenges faced in business intelligence today.

Business 52

Business Average Daily Rate Hospitality Ancillary Revenue 52

SiteMinder

SEPTEMBER 10, 2024

Lower your operating costs effortlessly with smart hotel technology Use SiteMinder’s platform to easily boost occupancy, maximise revenue, and create efficiencies for your business. The result will be influenced by a number of factors, including your: Occupancy rate: Higher occupancy rates generally lead to lower CPOR.

Revenue 52

Revenue Revenue Management Occupancy Hotels 52

Travelboom Marketing

SEPTEMBER 1, 2023

Increase RevPAR & Occupancy with a Hotel Loyalty Program With a goal of maximizing both occupancy AND RevPar, driving direct bookings with the help of a hotel loyalty program is a must. Higher rates can mean more on-site rewards for guests. Alternatively, less expensive room rates can be redeemed through more aggressive upselling.

Hotels 52

Hotels Upsell Ancillary Revenue Travel 52

Xotels

JULY 26, 2024

LEARN MORE CONTACT US LEARN MORE CONTACT US Real-World Example A hotel in a popular tourist destination noticed that their occupancy dropped significantly during the shoulder season. As a result, their occupancy increased by 20% during the shoulder season, and their overall revenue grew by 15%. It’s a win-win!

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

Hotel Business

JULY 18, 2024

increase in occupancy. ” As for the remainder of the year, Bojanowski is seeing a slowing of year-over-year growth in occupancy, primarily driven by a flattening of leisure transient demand and continued slow growth in business transient demand. ” Meliker expects RevPAR growth to end the year up 1.8%, driven by a 2.6%

Occupancy 52

Occupancy Revenue Travel Operations 52

SiteMinder

SEPTEMBER 6, 2023

Stable occupancy rate Extended stays help maintain a stable occupancy rate, particularly during the middle of the week and slow seasons, making resource planning easier. Ancillary revenue from facilities Long-term guests are more likely to use additional facilities, adding another revenue stream.

Motels 52

Motels Revenue Ancillary Revenue Hotels 52

Xotels

APRIL 3, 2024

Collaboration with other departments The Future: Total Revenue Management What is Revenue Management? For example, highlight amenities (bar, restaurant, spa, pool), and leverage packages (romantic, weekend, spa offer), to both expose why bookers should stay at your hotel, and generate ancillary revenue by promoting those offerings.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Xotels

JULY 26, 2024

LEARN MORE CONTACT US LEARN MORE CONTACT US Real-World Example A hotel in a popular tourist destination noticed that their occupancy dropped significantly during the shoulder season. As a result, their occupancy increased by 20% during the shoulder season, and their overall revenue grew by 15%. It’s a win-win!

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Xotels

JULY 26, 2024

LEARN MORE CONTACT US LEARN MORE CONTACT US Real-World Example A hotel in a popular tourist destination noticed that their occupancy dropped significantly during the shoulder season. As a result, their occupancy increased by 20% during the shoulder season, and their overall revenue grew by 15%. It’s a win-win!

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Travelboom Marketing

NOVEMBER 7, 2023

Local DMO Participation One of the best ways to drive occupancy from visitors already interested in your destination is through your local DMO and/or Chamber of Commerce. Other tools such as push messaging and food and beverage integration give properties the power to significantly increase their ancillary revenue.

Hotel Marketing 96

Hotel Marketing Market Marketing OTA 96

Xotels

APRIL 3, 2024

Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? This dynamic demand necessitates adaptive revenue management practices. Learn more about how to generate ancillary revenue in your hotel or resort. Protect YOUR Brand!

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Boutique Hotel News

DECEMBER 20, 2022

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 As a result, hotels will maximise partnerships with retailers and become more multifaceted in their approach,” he says. percentage points.

Travel 124

Travel Hotels Branding Consumer 124

Hotelogix

JANUARY 29, 2025

Real-time insights : Smart systems provide instant data on everything from occupancy rates to energy consumption, allowing for quick, informed decision-making. Occupancy sensors : Save energy and plan housekeeping better. Predictive analytics to optimize occupancy Booking pace analysis : Spot trends to adjust marketing and pricing.

Management 58

Management Hospitality Hotels Services 58

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. This can include a hotel’s website, its social media platforms, phone or email reservations, metasearch engines, or OTAs.

OTA 52

OTA Hotels Revenue Overbooking 52

Hotel Speak

MAY 9, 2023

In addition, examining income streams is a great way to assist hoteliers in identifying opportunities to generate more revenue, such as where and when to implement strategies to drive ancillary revenue. This can lead to the following benefits: Reduced marketing costs (more reliance on organic referrals vs. paid advertising).

Hotels 59

Hotels Upsell Revenue Marketing 59

Hotel Operations

MARCH 15, 2023

We’re not just looking at past occupancy rates, but can bring in customer segments and property types and weather and plane schedules – a wide range of external or causal factors. Rothaus sees two primary applications: Automating things, like quickly recognizing a face or a word. Forecasting demand is an example. “We’re

Hospitality 59

Hospitality Hotels Operations Revenue 59

Hotel Business

FEBRUARY 13, 2025

Our teams focus on expanding into higher FeePAR markets, growing our extended-stay footprint and unlocking new ancillary revenue streams underscore the diverse growth opportunities inherent in our asset-light, resilient business model.

Pipeline 82

Pipeline Ancillary Revenue Construction Occupancy 82

Cloudbeds

FEBRUARY 11, 2025

Rising room rates drive greater focus on ancillary revenue Inflation and rising costs are squeezing room rate profitability, making ancillary revenue more essential than ever.

Upsell 52

Upsell Ancillary Revenue Revenue Dining 52

Hotel Business

MAY 1, 2025

The company continued to see strong performance in its EMEA and Latin America regions, with YOY growth of 6% and 25%, respectively, reflecting robust pricing power, partially offset by modest occupancy declines. In China, demand remained steady but RevPAR declined 8% YOY reflecting continued pricing pressure.

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