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Mastering The Art of Resort Revenue Management

Catala Consulting

Whether resorts choose to manage revenue in-house or opt for outsourced revenue management, several strategies remain integral: Dynamic Pricing: Alters prices in real-time based on demand and supply conditions, fundamental to maximizing resort revenue.

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Leveraging Technology to Drive More Bookings for Your Hotel

StayNTouch

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.

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Hotel Revenue Management Strategies

Xotels

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.