Hospitality Net

JULY 17, 2023

Book4Time, the world’s leading spa and ancillary revenue management solution for hotels & resorts, has expanded coverage for their integrated Book4Time Pay solution to over 30 countries in North America, Europe and Asia through a partnership with Adyen, one of the world’s leading fintech companies.

Ancillary Revenue 240

Ancillary Revenue Revenue Management Revenue Resorts 240

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

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

Mews

NOVEMBER 9, 2023

Hotel ancillary services allow hoteliers to boost their average daily spending and make each reservation more valuable. Encouraging guests to purchase added services can also improve their experience at your hotel.

Ancillary Revenue 52

Ancillary Revenue Revenue Services Hotels 52

Mews

JULY 11, 2023

A question on every hotelier's mind: how to generate more revenue in a hotel. While there's no tried and tested solution, it can be achieved by creating a good promotion plan, tapping into sources of ancillary revenue, upselling, and other marketing strategies.

Ancillary Revenue 52

Ancillary Revenue Revenue Upsell Marketing Strategy 52

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

Little Hotelier

OCTOBER 17, 2023

What is hotel revenue? Hotel revenue is the income your business earns from selling rooms or other products and services to guests. While revenue is mostly generated from selling your rooms, you can also collect revenue from your amenities such as a bar, restaurant, gym, or spa.

Revenue 100

Revenue Hotels OTA Ancillary Revenue 100

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

Skift Blog

MARCH 26, 2023

Skift Take: Every commentary on hotel performance refers to revenue per available room as a key industry metric — RevPAR. Yet non-room revenue from cafes, co-working, spas, and events is growing in importance. Hoteliers should focus more on overall earnings per square meter. Sean O'Neill Read the Complete Story On Skift

Revenue 246

Revenue Events Hotels Ancillary Revenue 246

Hotel Business

MARCH 7, 2023

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. What’s new in RM, what are global revenue managers focused on?

Consumer 52

Consumer Ancillary Revenue Revenue Management Revenue 52

Webrezpro

JULY 12, 2023

However, in our imaginary revenue competition, there is a clear winner. Riddle: Two hotels have the same number of rooms and charge the same rates. On a given night, both book an equal number of rooms. How is this possible? The answer is simple (and the title of this post may be a giveaway!). TRevPAR […] Source

Revenue 77

Revenue Hotels Ancillary Revenue Revenue Management 77

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

Mews

FEBRUARY 22, 2023

We can set rates according to clever algorithms, which do the work of a thousand revenue managers. Digital nomads are likely to consume more in the hotel, boosting ancillary revenue. And so much more.

Hospitality 52

Hospitality Ancillary Revenue Services Travel 52

Webrezpro

AUGUST 17, 2023

One of the best ways to boost your hotel’s bottom line is to offer activity packages and add-ons. Not only do they provide an opportunity to increase your TRevPar, they give guests more of an experience at your hotel. People have returned to travel in droves, but today’s guests don’t just want a place to […] Source

Hotels 84

Hotels Travel Ancillary Revenue Revenue Management 84

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

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

Hotel Speak

MAY 9, 2023

Without this valuable data, hotels will struggle to make informed decisions which will directly result in lost revenue opportunities. Housekeeping Hotels that invest in tech to streamline housekeeping operations will benefit from automated tasks such as room assignments, cleaning schedules, and inventory management.

Upsell 59

Upsell Hotels Revenue Operations 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

Hotel Operations

MARCH 15, 2023

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. But as revenue management technology and other pieces of a hotel’s commercial stack have become more effective, owners have increasingly turned to it for driving results.

Hospitality 59

Hospitality Hotels Operations Revenue 59