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 96

Revenue Management Revenue Management Forecasting 96

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 85

Revenue Ancillary Revenue Revenue Management Hotels 85

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

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

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 105

Pipeline Ancillary Revenue Revenue Occupancy 105

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

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 64

Ancillary Revenue Revenue Management Hotels Revenue 64

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

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

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 78

Ancillary Revenue ROI Revenue Hotels 78

Hotel Operations

JUNE 2, 2023

What kind of revenue did we get from those people that checked in? On top of that, the person in this role also has to cover other areas within the hotel operation. They are responsible for gathering and keeping track of guest information, revenue information, and more. How many people checked in?

Ancillary Revenue 52

Ancillary Revenue Hotels Revenue Pipeline 52

Hotel Business

MARCH 7, 2023

It’s clear to everyone that technology investment is a major key to overcoming the industry’s key operational challenges—now and in the future. Some of the focuses are automation and creating new opportunities for increased pricing power, more ancillary revenue uptake for hotels and an creating even stronger guest experience.

Consumer 52

Consumer Ancillary Revenue Revenue Management Revenue 52

Hotel Business

JANUARY 31, 2023

The report recaps the events that made 2022 a standout year for the hospitality management company: The full conversion to six vertical and geographically focused operating divisions, intended to refocus deep industry expertise and deploy dedicated resources to better serve owners.

Ancillary Revenue 52

Ancillary Revenue Upsell Services Operations 52

Hotel Business

JULY 11, 2023

VenueLytics’ solutions help marketing, operations and front-desk teams better serve their guests with less resources required, drive incremental revenue and maximize profit, the company reports. “We are dedicated to providing the travel industry with innovative solutions that leverage data, AI and technology to drive results.

Ancillary Revenue 40

Ancillary Revenue Casinos Upsell Market 40

Fuel Travel

FEBRUARY 23, 2023

Contactless arrival and departures can seriously streamline hotel operations. Increase revenue Increase revenue overall by cutting costs (staff, paper, resources) and improving ancillary revenue! Hotel mobile check out solutions let guests skip the front desk entirely.

Ancillary Revenue 55

Ancillary Revenue Hotels Revenue Services 55

Amadeus Hospitality

OCTOBER 19, 2023

At the end of just three short years of operating independently and using a full suite of Amadeus solutions, our property is not only experiencing growth throughout every channel, but direct bookings are substantially higher than our competitors, and we have finally brought our ADR back in line with 2019 levels.

Resorts 59

Resorts Branding Ancillary Revenue Revenue 59

Travelboom Marketing

NOVEMBER 7, 2023

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.

Hotel Marketing 96

Hotel Marketing Market Marketing OTA 96

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. The initial goal was straightforward — entice guests to return by rewarding points for each stay, which could then be redeemed for free rooms or airfares.

Ancillary Revenue 59

Ancillary Revenue Hotels Consumer Business 59

Boutique Hotel News

DECEMBER 20, 2022

Marc Saunders, director of marketing at Splendid Hospitality, also believes there is opportunity to drive revenue by activating hotel spaces with retail partnerships. 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

Travel 124

Travel Hotels Branding Real Estate 124

Xotels

APRIL 19, 2021

The countless marketing, sales, and operational tools available in the market have allowed hoteliers to gain quick returns in the past, but unfortunately mediocre strategies and cookie cutter approaches won’t cut it anymore. Ways to Personalize.

Ancillary Revenue 52

Ancillary Revenue Hotels Market Marketing 52

Xotels

SEPTEMBER 22, 2022

Some properties might want to increase their awareness by using OTA’s billboard effects, while others may want to focus on reducing cost-per-acquisition and increasing their direct revenue. Still, your human staff can go a long way to redirect guests to your direct channels , upsell and increase your overall ancillary revenue.

Hotel Marketing 40

Hotel Marketing Market Marketing OTA 40

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. Let’s take a look at it one by one.

Hospitality 59

Hospitality Revenue Dining Accommodation 59

Hotel Speak

MAY 9, 2023

Cost can always be reduced, but how does it impact your day-to-day operations, and how does this reflect on your guest experience? Sustainability: When mitigating waste and conserving resources, hotels can reduce their environmental impact and operate in a more sustainable manner. 10 Strategies with Examples to Control Cost: 1.

Upsell 59

Upsell Hotels Revenue Operations 59

Hotel Operations

MARCH 15, 2023

We’re going to look at: This guide builds on my guide to hotel automation and is focused on hotel operators , though I hope other industry participants will find it useful as well. A need to drive revenue The ongoing pandemic recovery and global macroeconomic uncertainty this year (2023) have put an increased focus on driving revenue growth.

Hospitality 59

Hospitality Hotels Operations Revenue 59

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

SiteMinder

AUGUST 18, 2022

When it comes to successful revenue management strategy , it’s not just about tracking your own internal metrics such as RevPAR. At your hotel you also need to perform regular competitive analysis to see where you stand in the local market and how you can gain an advantage, or at least maximise your potential revenue and profit.

Hotels 52

Hotels Revenue Ancillary Revenue OTA 52

SiteMinder

SEPTEMBER 6, 2023

For hoteliers, guests that opt for extended stays provide a powerful source of bookings and revenue. Steady revenue stream Long-term guests mean a consistent income, reducing the stress of seasonal fluctuations. Low turnover cost Less frequent check-ins and check-outs translate to lower operational costs.

Motels 52

Motels Ancillary Revenue Revenue Hotels 52

SiteMinder

NOVEMBER 22, 2023

Let’s see how you can influence your revenue potential at each stage… 1. Key tactics for dreaming stage While you may not be able to unlock direct revenue at this stage, you can certainly start to put your brand front and centre of a traveller’s mind with the right approach.

Hotels 100

Hotels Travel OTA Revenue 100

StayNTouch

NOVEMBER 16, 2022

Leveraging Technology to Drive More Bookings for Your Hotel By Justin DeRise The foundation of any hotel sales and revenue strategy lies in its distribution channels. Automating channel management can save enormous amounts of time and money, but it can also minimize instances of overbooking, which can strain operations and alienate guests.

OTA 52

OTA Hotels Revenue Overbooking 52