Hotel Speak

JULY 19, 2024

They realize that the earlier they book the lower the rates are going to be. If group business has a lower average daily rate (ADR) than transient, which it always does, do you put the group on the books in advance and sell the remaining rooms to transient at a higher rate? They can be ambitious with their rates.

Revenue 83

Revenue Management Revenue Management Average Daily Rate 83

Catala Consulting

MAY 17, 2024

These frontline employees are instrumental in shaping the guest experience, impacting occupancy rates, and ultimately driving revenue. Cross-Selling Hotel Amenities Beyond room upgrades, reception staff can also promote other hotel amenities such as spa services, dining options, and local tours.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

Cloudbeds

JUNE 5, 2024

How your online reputation impacts pricing strategies Your online reputation has a significant impact on occupancy and profitability. This, in turn, leads to more visitors, conversions, and, finally, higher occupancy rates. without harming its occupancy rates.

Revenue Management 52

Revenue Management Revenue Occupancy Average Daily Rate 52

SiteMinder

DECEMBER 20, 2023

Simply multiply your predicted average daily rate (ADR) by your occupancy rate. How to run a hotel restaurant A great hotel restaurant will not only be a drawcard for guests, it will also attract the locals who are looking for another dining option.

Business 59

Business Hotels Management Revenue 59

MediaBoom

AUGUST 6, 2024

Additionally, wellness is a growing priority, with hotels offering amenities like on-site spas, fitness centers, and wellness-focused dining options. Key metrics to track include brand awareness , guest satisfaction , social media engagement , and revenue-related KPIs like average daily rate (ADR) and occupancy rate.

Branding 98

Branding Hotels Services Marketing 98

SiteMinder

JANUARY 8, 2024

Quick service establishments engage in offering snack foods, whereas catering businesses and restaurants can lean towards a casual take-away experience or seated fine-dining. With customers expecting some sort of dining service from hotel accommodations, it has become almost a standard practice to provide.

Operations 59

Operations Management OTA Hotels 59

Up Hotel

SEPTEMBER 7, 2021

For instance, if your hotel features lots of family-friendly amenities like a creche or daycare centre and family-friendly dining, consider building this into your paid search campaigns as callout extensions or even build a landing page for family-friendly stays at your hotel.

Digital Marketing 52

Digital Marketing Marketing Market OTA 52

SiteMinder

JANUARY 8, 2024

Quick service establishments engage in offering snack foods, whereas catering businesses and restaurants can lean towards a casual take-away experience or seated fine-dining. With customers expecting some sort of dining service from hotel accommodations, it has become almost a standard practice to provide.

Operations 52

Operations Management OTA Hotels 52

SiteMinder

SEPTEMBER 6, 2023

While they can be a wild card in the hotel management game, they offer a unique opportunity to maximise occupancy and revenue. Last-minute hotel room bookings have a range of benefits including: Maximised occupancy : Filling rooms at the eleventh hour ensures that you’re making the most of your available inventory.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

Xotels

MAY 30, 2025

I lived and breathed Average Daily Rate (ADR) and Occupancy. dining in our restaurant, using the meeting rooms, getting massages in the spa. ” Moment The Bottom Line The Old Guard: Yield Management My First Love (and Obsession) Lets start with the granddaddy, the OG: Yield Management. It was all about rooms.

Yield Management 52

Yield Management Revenue Management Revenue Management 52

AskSuite

MARCH 26, 2025

Maximizing hotel occupancy during off seasons requires data-driven forecasting, personalized communication, AI-powered solutions, and strategic partnerships. The off season can present significant challenges for the hospitality industry, with reduced occupancy rates directly impacting a hotel’s revenue.

Occupancy 52

Occupancy Revenue Forecasting Average Daily Rate 52