Cloudbeds

NOVEMBER 15, 2024

While better than operating without data, this approach is reactive and inefficient, resulting in missed opportunities. In this article, we explore what decision intelligence is and the transformative effect it’s bound to have across demand optimization, segmentation, operations, and training and enablement.

Upsell 105

Upsell Occupancy Revenue Management Revenue 105

STAAH

MAY 28, 2024

In the competitive world of hospitality, maximizing revenue from room bookings alone is no longer sufficient for sustaining growth and profitability. With market dynamics constantly evolving, hotels must explore and innovate beyond traditional revenue streams. Diversify Revenue Streams: Relying solely on room revenue can be risky.

Ancillary Revenue 113

Ancillary Revenue Revenue Services Events 113

Hotel News Resource

MAY 16, 2023

Resorts are embracing technology to improve cross-selling and ancillary revenue

Ancillary Revenue 100

Ancillary Revenue Revenue Resorts Operations 100

eZee Absolute

OCTOBER 16, 2023

Well, here’s a trick called “ancillary revenue.” To put it in simple words, ancillary revenue or additional revenue is like a bonus income that hotels can earn from things besides just renting rooms. That’s exactly what ancillary revenue is all about.

Ancillary Revenue 59

Ancillary Revenue Revenue Services Events 59

TravelNet

MAY 19, 2025

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. The good news?

Occupancy 59

Occupancy Revenue Market Marketing 59

Demand Calendar

JUNE 17, 2024

The data generated by modern hotel operations – from booking patterns and guest preferences to room occupancy rates and ancillary revenue streams – is often scattered across various siloed systems. Transitioning from intuition to data isn't always easy, but it's becoming increasingly essential.

Revenue 98

Revenue Ancillary Revenue Revenue Management Occupancy 98

STAAH

APRIL 23, 2024

In today’s fast-paced hospitality landscape, staying ahead of the curve is paramount for maximizing revenue potential. As technology continues to evolve, so do the strategies and innovations within revenue management.

Revenue Management 109

Revenue Management Revenue Ancillary Revenue Management 109

SiteMinder

AUGUST 29, 2023

What is ancillary revenue? Ancillary revenue is when you earn income from additional services or products offered at your hotel. By offering these added touches, you’re not just boosting your revenue; you’re creating memorable experiences that make your hotel stand out. Think of it as the cherry on top.

Ancillary Revenue 52

Ancillary Revenue Revenue Hotels Services 52

Xotels

MARCH 3, 2025

Let’s be honestrunning a hotel while managing its revenue at the same time is a balancing act. From making sure staff, guests, and smooth operations are all attended to, we can understand why revenue management so frequently gets put on the back burners. What Are Revenue Management Tools?

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

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 105

Revenue Management Revenue Management Forecasting 105

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 104

Revenue Ancillary Revenue Revenue Management Hotels 104

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

Hospitality Tech

MAY 16, 2023

Resorts are embracing technology to improve cross-selling and ancillary revenue.

Ancillary Revenue 52

Ancillary Revenue Revenue Resorts Operations 52

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. rise in direct booking conversions over a six-month period, significantly boosting its overall revenue.

Ancillary Revenue 52

Ancillary Revenue Upsell Revenue Shopping 52

SiteMinder

JUNE 26, 2024

What is revenue optimization? Revenue optimization in hotels is a comprehensive strategy that accounts for all revenue streams and uses data to enhance the overall revenue performance of the business. Table of contents Why is hotel revenue optimization important? Our smart hotel platform helps you do exactly that.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

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. Net cash provided by operating activities of $76 million and adjusted free cash flow of $102 million. and 8% internationally.

Pipeline 106

Pipeline Ancillary Revenue Revenue Occupancy 106

Hotel Speak

AUGUST 13, 2024

The right hospitality CRM serves as the nerve center of your hotel, enabling you to streamline operations, cultivate long-term guest relationships, and centrally manage guest interactions throughout the hotel, including at dining, spa and leisure outlets. Using this data for day-to-day operations can also drive sustainable growth.

Ancillary Revenue 102

Ancillary Revenue Hotels Revenue Operations 102

MEWS

MARCH 27, 2025

Best practices for hotel operations management Simplify staff communication Smooth operations start with seamless communication between staff. When teams stay in sync, rooms turn over faster, staff are less stressed, and guests have a better experience - all of which can lead to increased ancillary revenue.

Ancillary Revenue 52

Ancillary Revenue Revenue Operations Hotels 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

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

Hotel Business

JULY 12, 2024

The collaboration will offer Curator member hotels and resorts access to Tock’s solutions suite, which will enhance its food and beverage operations and provide additional experiential amenities to its guests. ” Tock’s platform has capabilities that can be tailored specifically for hotel operators.

Ancillary Revenue 65

Ancillary Revenue Dining Resorts Events 65

Xotels

SEPTEMBER 13, 2024

As a leader in revenue management consulting , we’re always at the forefront of what is happening in the hotel industry ─ and keeping a close eye on how revenue management trends keep evolving. While questions like “What are the top trends in revenue management for 2024?”

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Xotels

SEPTEMBER 13, 2024

As a leader in revenue management consulting , we’re always at the forefront of what is happening in the hotel industry ─ and keeping a close eye on how revenue management trends keep evolving. While questions like “What are the top trends in revenue management for 2024?”

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Hotelogix

AUGUST 6, 2024

Moving from merely managing hotel revenue to maximizing profit is a critical transformation that ensures your property's long-term success. Here's a detailed guide on transforming your hotel's revenue management to focus on profit maximization. Collect and act on guest feedback to continuously improve your services.

Revenue 52

Revenue Management Upsell Target Marketing 52

Hotelier Magazine

AUGUST 22, 2024

The eBook addresses the most pressing challenges and opportunities presented by advancements in Artificial Intelligence (AI) and the increasing importance of personalization, rich media and ancillary revenue streams. The eBook draws from Milestone’s research and addresses questions posed by customers and industry leaders.

Digital Marketing 52

Digital Marketing Ancillary Revenue Market Marketing 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

Webrezpro

SEPTEMBER 12, 2024

A robust F&B program can positively impact revenue in a significant way, driving repeat stays and attracting local guests. Guests are no longer satisfied with mediocre dining options at hotels. Today’s travelers crave unique and memorable culinary experiences. So, spice things […] Source

Dining 108

Dining Revenue Hotels Travel 108

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 65

Ancillary Revenue Revenue Management Hotels Revenue 65

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 40

Revenue Management Revenue Management Ancillary Revenue 40

SiteMinder

JULY 29, 2024

Hotel profit margin is defined by the percentage of a hotel’s revenue remaining after subtracting all business expenses, including staff costs, maintenance, and marketing. With the revenue of the hotel market projected to have reached US$426.40bn by this year worldwide, it’s important to know how you can maximise your share.

Ancillary Revenue 52

Ancillary Revenue Revenue Revenue Management Hotels 52

SiteMinder

AUGUST 1, 2024

It serves as a roadmap for your hotel’s success, helping you attract investors, secure funding, and make informed decisions about your operations. It’s a vital tool for any hotel owner or operator, whether you’re starting a new hotel, expanding an existing business, or improving your current operations.

Business 95

Business Revenue Hotels Occupancy 95

Fuel Travel

MARCH 28, 2023

The hospitality industry has witnessed a significant shift towards digitalization, leading hotels to adopt digital keys as a way of improving internal operations, reducing costs, increasing direct sales, and enhancing hotel guest satisfaction.

Ancillary Revenue 80

Ancillary Revenue ROI Revenue Hotels 80

Amadeus Hospitality

NOVEMBER 12, 2024

Hoteliers are recognizing the immense value that data brings to their business, from understanding drivers of demand to developing effective revenue management strategies. The power of data to boost efficiency and increase revenue The benefits of business intelligence are tangible.

Business 52

Business Average Daily Rate Hospitality Ancillary Revenue 52

SiteMinder

SEPTEMBER 10, 2024

CPOR is a crucial metric in the hotel industry that helps measure the efficiency and profitability of a hotel’s operations. CPOR can be influenced by a number of factors and can often be a representation of how effective your revenue management and marketing strategies are. What are variable costs per occupied room?

Revenue 52

Revenue Revenue Management Occupancy Hotels 52

Cloudbeds

OCTOBER 9, 2024

Hotel forecasting is a critical component of successful hotel management, serving as the foundation for strategic decision-making and operational efficiency. As we look at the importance of forecasting for the hospitality industry, it’s interesting to note that it is also a major part of the science of hotel revenue management.

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59

Hotel Business

NOVEMBER 9, 2022

The global lodging industry has made a comeback in 2022, with operating performance improving significantly over 2020 and 2021 and moving closer to pre-pandemic levels. The 2023 budget season is upon us, and hotel owners are continuing to search for ways to increase profitability while reducing operational risks.

Ancillary Revenue 52

Ancillary Revenue Operations Intent Market Share 52

Intelity

JANUARY 14, 2025

Together these features enable guests to consume more of what the property has already invested in providing increased ancillary revenue while simultaneously decreasing operational costs. Amber Henson, Marketing Manager at Cal-a-Vie Health Spa, echoed this sentiment: “We are thrilled about the release of the new platform.

Hospitality 52

Hospitality Ancillary Revenue Services Revenue 52