Hospitality Net
APRIL 19, 2024
With 40% of Americans saying they plan to travel even more in 20241, there is a massive opportunity for hotel owners and operators to drive even more revenue by leveraging ancillary offerings. By now, you’re likely familiar with the concept of ancillary revenue in the hotel industry — it’s not just about selling products.
Skift Blog
NOVEMBER 28, 2023
Skift Take: Ancillaries are increasingly essential to the financial health and resilience of airlines. Sabre’s new Upgrade IQ product uses artificial intelligence (AI) and machine learning (ML) to optimize airlines’ premium cabin inventory and unlock incremental revenue. Sabre Read the Complete Story On Skift
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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.
Refine
NOVEMBER 30, 2023
A revenue management strategy is a common practice among hotels. What’s less common is having an ancillary revenue strategy, though. It’s one of the first steps to unlocking a new, powerful revenue stream and improving the hotel’s positioning and branding while enhancing the guest experience.
Hospitality Net
DECEMBER 12, 2023
As of year-end 2022, the average hotel in CBRE’s Trends® in the Hotel Industry survey sample had surpassed its 2018 total revenue figure by 1.5%. The improvement was largely due to continued improvement in average daily rate and revenue from other sources. One of these ancillary revenue sources was spa services.
Hospitality Net
OCTOBER 20, 2023
[20 October, London] Mews, the industry-leading hospitality cloud, announced today its automated space management feature within its PMS to help hotels diversify their revenue streams and increase profit.
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.
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