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AncillaryRevenue: Beyond the Room & Rethinking Hotel Space Utilisation Your property has high occupancy, and your guests are happy and leaving good review scores, but you want to increase the overall revenue of your hotel or resort. This is the moment when you ask yourself What is next?
Infor partners with Plusgrade Infor has formed a preferred partnership between its Infor Hospitality Management Solution (HMS) and Plusgrade , the provider of ancillaryrevenue solutions. This add-on for P3 Essential and Custom booking engines integrates ancillary services into one unified reservation system.
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 ancillaryrevenue to be 40% of overall revenue, and I only see that growing as we continue to develop our guest experience.
. “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 ancillaryrevenue opportunities.
Shannon McCallum, VP, hotel operations, Resorts World Las Vegas; Andrew Pirret, SVP, product, Alliants; Ceridwyn King, professor, Purdue University; and Andy Todd, VP, digital guest experience & hotel enablement, IHG Hotels & Resorts. to 4:05 p.m.
6/17/2025 HITEC 2025: HCN Offers Magazines to Leading Hotels and Resorts for Guests Hotel Communication Network (HCN) continues to evolve its hotel guest experiences by offering access to a catalog of global magazine brands free of charge to leading hotels and resorts via its AI Concierge ad-supported tablet platform.
This collaboration enables hotels using Infor HMS to drive incremental revenue and elevate guest personalization by seamlessly integrating Plusgradeâs proven upsell technology into the core guest journey. âTogether, weâre bringing ancillaryrevenue into the digital core of hotel operations â where it belongs.
â 6/15/2025 HITEC 2025: UrVenue Launches UrResort UrVenue launches UrResort , its newest product developed in response to the growing demand from hotels and resorts for a more tailored solution. UrResort brings together a connected suite of solutions designed to help resort operators centralize and commercialize non-room inventory at scale.
Stay Package Entitlement New Dynamic ) , a technology breakthrough that increases ancillaryrevenue and guest personalization by simplifying how hotels sell and fulfill packages. OPERA Cloud is a composable, unified hospitality platform that enables hotels, resorts, and casinos to streamline operations and drive growth.
We certainly felt the impact, especially going into March,” says Christopher Ellison, Vice President of Revenue at Brittain Resorts and Hotels, a full-service hospitality management company based in the Southeast region. You just saw a kind of trickle down.
Stay Package Entitlement New Dynamic ) , a technology breakthrough that increases ancillaryrevenue and guest personalization by simplifying how hotels sell and fulfill packages. Lets Guests Reserve Package Entitlements With Zero Staff Involvement Agilysys Inc. announced the launch of Agilysys Book with S.P.E.N.D.
Ancillaryrevenue 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. Transportation In some areas, such as beaches or ski resorts, getting around and parking only create headaches.
What Are Revenue Management Tools? Revenue management tools are software and systems that help hotels optimize pricing, control cost , maximize occupancy, and increase profitability. Pricing without an RMS or an expert revenue managers is pure guesswork. And not just from your hotel rooms?
Stay Package Entitlement New Dynamic ) , a technology breakthrough that increases ancillaryrevenue and guest personalization by simplifying how hotels sell and fulfill packages. Lets Guests Reserve Package Entitlements With Zero Staff Involvement Agilysys Inc. announced the launch of Agilysys Book with S.P.E.N.D.
Whether in the guestroom, residence, spa, fitness center, restaurant, pool or on demand, adding wellness features can augment nightly rates or ancillaryrevenues for hotels as well as unit price per square foot for apartments or houses. It’s a societal shift with profound implications on hotel and multifamily development.
Stay Package Entitlement New Dynamic ) , a technology breakthrough that increases ancillaryrevenue and guest personalization by simplifying how hotels sell and fulfill packages. OPERA Cloud is a composable, unified hospitality platform that enables hotels, resorts, and casinos to streamline operations and drive growth.
Stay Package Entitlement New Dynamic), which increases ancillaryrevenue and guest personalization by simplifying how hotels sell and fulfill packages. UrVenue introduces UrResort UrVenue has launched UrResort, a connected suite of solutions designed to help resort operators centralize and commercialize non-room inventory at scale.
The program is rolling out at hotels across North America and is already helping hoteliers generate significant ancillaryrevenue annually, the company reports. To leverage the trend, hotels that prioritize clean, fresh air can drive higher guest loyalty, positive reviews and increased revenue. Early results indicate that U.S.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended September 30, 2024. We awarded 10 percent more franchise contracts domestically this quarter, driving 5 percent growth […] The post Wyndham Hotels & Resorts Reports Q3 2024 Results appeared first on LODGING Magazine.
Inspiration By promoting new experiences to future guests, Mission Point Resort successfully drove ancillaryrevenue and additional room nights Subject line: NEW Experiences at Mission Point Resort - Reserve Today!
Wyndham Hotels & Resorts , for the first quarter ended March 31, reported that global RevPAR grew 1% in constant currency and ancillaryrevenues grew 8% compared to the first quarter of 2023. The decline in royalties and franchise fees was primarily driven by the decline in U.S.
In the fiercely competitive hospitality industry, the essence of successful resortrevenue 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?
Tock, a reservation, experiences and events platform for the hospitality industry, has partnered with Curator Hotel & Resort Collection. As Curator’s newest platform partner, Tock will empower member hotels and resorts to streamline their operations, drive ancillaryrevenue and elevate guest experiences all on one system.
Wyndham Hotels & Resorts reported its second quarter results, including growing its development pipeline by 7% and system size by 4% in the period. Ancillaryrevenues increased 6% compared to second quarter 2023. Other highlights include: Opened more than 18,000 rooms globally, including over 7,000 in the U.S.,
Wyndham Hotels & Resorts , for the three months ended Sept. which increased 10% YOY Development pipeline grew 1% sequentially and 5% YOY to a record 248,000 rooms Ancillaryrevenues increased 8% compared to third-quarter 2023. and 7% growth internationally. Diluted earnings per share was $1.29 compared to $1.21
Méndez, Director of Sales & Marketing, El Conquistador Resort: “Our partnership with Amadeus has allowed us to not only survive but to thrive at the end of a challenging period including closure due to a hurricane, a worldwide pandemic, and, most importantly, a shift from branded to independent status.
Collaboration with other departments The Future: Total Revenue Management What is Revenue Management? Maximize Your Hotel Revenue Uncover the hidden revenue potential of your hotel or resort. Your revenue strategy should cover special (contracted) rates.
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 ancillaryrevenue opportunities across the portfolio.
Daniel says, “You have some nice ancillaryrevenue opportunities, especially if you’re a property with a lot of programming. Whether it’s resort amenities or spas, or maybe you’ve got multiple dining outlets. I see it being more than just rooms and meeting room rentals.”
It’s not just about rooms There are also ancillaryrevenue components for you to consider. A very large group may come with meeting space rental revenue, which is 100% pure profit. Again, the F&B revenue stayed in-house. Instead, this resort should be marketed to 20-30-year-olds. Then you have F&B.
Together these features enable guests to consume more of what the property has already invested in providing increased ancillaryrevenue while simultaneously decreasing operational costs. The company serves luxury hotels and resorts worldwide.
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? LEARN MORE CONTACT US LEARN MORE CONTACT US 3. To AI or Not to AI?
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? LEARN MORE CONTACT US LEARN MORE CONTACT US 3. To AI or Not to AI?
Between January 2023 and August 2023, the boutique hotel saw a return on investment (ROI) of over 500%, an average increase of $48 to the average daily rate (ADR), and revenue surpassing the full year 2022.
Travel marketing platform Sojern has acquired VenueLytics , an integrated guest experience platform serving independent hotels, resorts, chains and casinos. One of VenueLytics key customers is Grupo Posadas , the largest hotel company in Mexico with more than 180 resorts and hotels.
Collaboration with other departments The Future: Total Revenue Management What is Revenue Management? Maximize Your Hotel Revenue Uncover the hidden revenue potential of your hotel or resort. Your revenue strategy should cover special (contracted) rates.
These experts have the knowledge and tools to analyze your data, optimize your pricing, and maximize your revenue. Maximize Your Hotel Revenue Uncover the hidden revenue potential of your hotel or resort. Think of them as your secret weapon in the battle for profitability.
In the meantime, a dedicated eCommerce platform for hotels and resorts, LiBi, launched earlier this year. A recent Knight Frank report supports this idea, revealing that ancillaryrevenues have increased in 2022 with the contribution to total revenue rising by 1.5 percentage points.
“Loyalty programs need to respond to this growing desire among consumers for a more personalized experience or risk becoming irrelevant,” says Danielle Brown, Chief Marketing Officer at Montreal-based Plusgrade, a provider of ancillaryrevenue solutions for the global travel industry.
Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? The extra revenue and control over availability this provides is an essential technique at the disposal of revenue managers. Protect YOUR Brand! appeared first on Xotels.
Wyndham Hotels & Resorts ‘ board of directors, following a comprehensive review with its outside financial and legal advisors, has unanimously determined the unsolicited exchange offer from Choice Hotels International Inc. to acquire all outstanding shares of Wyndham is not in the best interests of Wyndham and its shareholders.
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