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

STAAH

DECEMBER 5, 2023

It may seem daunting but diversifying a hotel’s revenue is not too hard. Don’t lose sight of core ancillary revenue. For decades airlines have sold ancillary products such as better seats, extra bags, extra meals etc. can all become revenue earners. In this blog, we look at some ideas. for a cost.

Revenue 84

Revenue Ancillary Revenue Upsell Events 84

Hotel Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Memorable experiences outweigh rising inflation.

Occupancy 115

Occupancy Ancillary Revenue Upsell Revenue 115

STAAH

JANUARY 16, 2024

There is no set formula to increase a hotel’s revenue, it can be achieved by creating a good promotion plan, tapping into sources of ancillary revenue , upselling and other marketing strategies. Optimise ancillary revenue. Here are 10 strategies: 1.

Revenue 84

Revenue Ancillary Revenue Revenue Management Hotels 84

Hotel Business

JULY 11, 2023

Posadas Director of Quality, Standards and Innovation Leslie Gomez, commented, “By using VenueLytics AI Concierge throughout the guest journey, Posadas has increased Ancillary Revenue with more than 53,000 requests over the last 9 months.

Ancillary Revenue 40

Ancillary Revenue Casinos Upsell Market 40

Xotels

APRIL 3, 2024

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!

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

SiteMinder

AUGUST 22, 2022

GuestJoy will further expand SiteMinder’s robust hotel commerce offering, allowing hoteliers to automate and digitise their guest communication, drive upsell revenues, and strengthen direct guest acquisition. GuestJoy has been a SiteMinder partner since 2017, with customers across the UK and Europe.

Ancillary Revenue 52

Ancillary Revenue Upsell Hotels ROI 52

Hotel Business

JANUARY 31, 2023

Current pilot programs in the Aimbridge system are: · ‘New to Hospitality’ point-of-sale system · Grab and go Market point-of-sale system · Digital tipping solution · Self-serve kiosks · Mobile F&B ordering platform · Ancillary revenue upsell platform The post Aimbridge unveils “Aimbridge Accelerates” report appeared first on hotelbusiness.com. (..)

Ancillary Revenue 52

Ancillary Revenue Upsell Services Operations 52

Catala Consulting

JULY 30, 2023

Capitalizing on Extra Services: Ancillary Revenue Management Beyond room rates, revenue generated from additional services or offerings – known as ancillary revenue – plays a critical role in enhancing profitability. Such services might include dining, spa services, on-site entertainment, or event fees.

Revenue Management 52

Revenue Management Revenue Resorts Management 52

Travelboom Marketing

SEPTEMBER 1, 2023

Alternatively, less expensive room rates can be redeemed through more aggressive upselling. Revenue Maximization: With any direct booking, a hotel will have the potential to drive both primary and ancillary revenue during and after the booking. A hotel loyalty program would amplify these opportunities to upsell.

Upsell 52

Upsell Ancillary Revenue Hotels Travel 52

Little Hotelier

OCTOBER 17, 2023

So let’s look at some of the best ways you can make the above strategies work… 15 best ways to increase hotel revenue 1. You can also upsell food and beverage offers or create them as part of a package. Increase the popularity of your food and beverage offers Offer deals including set menus for breakfast or dinner.

Revenue 100

Revenue Hotels OTA Ancillary Revenue 100

Social Tables

SEPTEMBER 21, 2017

You can use it as a casual marketing tool, letting guests learn more about your hotel, serving them exclusive offers, and even upselling other amenities during their stay. It’s another great way to generate ancillary revenue for your property. A hotel check-in app is more than just a tool to keep up appearances.

Ancillary Revenue 60

Ancillary Revenue Hotels Upsell Revenue 60

Xotels

APRIL 3, 2024

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.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Xotels

SEPTEMBER 22, 2022

Still, your human staff can go a long way to redirect guests to your direct channels , upsell and increase your overall ancillary revenue. Sure, you can implement that new automatic up/cross-selling tool. Continuous training is, therefore, crucial. Bunk Hotel Amsterdam. Communication with the team and stakeholders.

Hotel Marketing 40

Hotel Marketing Market Marketing OTA 40

Hotel Speak

MAY 9, 2023

Upselling and cross-selling: track guest preferences and booking history, allowing hotels to offer personalised upsell and cross-sell offers. An upselling incentive for front desk agents: by providing incentives for front desk staff to upsell room upgrades or other services, you can increase your revenue without raising labour costs.

Upsell 59

Upsell Hotels Revenue Operations 59

SiteMinder

AUGUST 18, 2022

You can then try to generate extra revenue from upsells, extras, and other ancillary revenue. Conversely, if you notice that you are being clearly beaten on value, you’ll need to drop your rates to ensure you get enough bookings. Tips on creating the perfect hotel competition report.

Hotels 52

Hotels Revenue Ancillary Revenue OTA 52

Hotel Business

JULY 13, 2023

“Our all-in-one suite of solutions is perfect for hoteliers who are looking for ways to drive more direct bookings and boost revenue, and with these new features and functionalities, we can now offer even more ROI for our clients.”

Revenue 52

Revenue Ancillary Revenue Management OTA 52

StayNTouch

NOVEMBER 16, 2022

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.

OTA 52

OTA Hotels Revenue Overbooking 52