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How to maximize hotel revenue without discounting

Hotel Speak

The cherry on top is that it preserves your average daily rate (ADR) while elevating the guest experience, satisfaction, and loyalty. Instead of putting discounts everywhere, you could create loyalty programs, offer member only rates, and offer bespoke incentives. That feels way more special, right?

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5 Common Mistakes in Hotel Revenue Management

Xotels

So, Im calling the mistakes out Here are 5 brutal revenue management mistakes I see hotels make all the time as a CEO of a revenue management consulting firm. Too much focus on only Occupancy or your average room rate, will erode your business. Not because of the market. Not because of bad luck.

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Tryp.com: Expert guide for hotel owners

SiteMinder

Tryp.com’s audience filters trips by themes such as wellness, food or remote work rather than by the lowest nightly rate. Your boutique yoga studio or farm-to-table restaurant becomes a headline attraction, helping you maintain a healthier average daily rate. Bundled bookings that lift revenue.

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Effective Hotel Sales Strategies to Increase Revenue

Hotelogix

Track and Analyze Performance to Refine Strategies Monitor Key Metrics: To know if your sales strategies are working, you need to track key metrics such as: Occupancy Rate: How many of your rooms are being booked? Average Daily Rate (ADR): What's the average price per room per night?

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EBITDAR explained: Driving financial health for hotels

Cloudbeds

Financial analysis When EBITDAR is combined with other metrics, such as ADR (average daily rate), occupancy rate, or RevPAR (revenue per available room) , it can help dig deeper into financial metrics. Here are some tips to do that: 1.

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Amadeus GDS: What is it used for?

SiteMinder

Learn more Amadeus GDS meaning for hotel distribution and revenue management By utilising Amadeus GDS and other GDS partnerships, your hotel can enjoy a significant boost to both bookings and profit.

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Hotel Business Intelligence: Turn Data into Hotel Success

Hotelogix

Revenue Management Figuring out room prices can be tough. This happens through: Dynamic Pricing: Changing rates based on demand and what competitors charge. They started using a hotel business intelligence system that had features for advanced revenue management and competitor analysis. Here are some examples.