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How Hotels Can Use Data Analytics To Anticipate And Manage Peak Season Demands

Hotel Speak

Personalization Strategies: Targeted Marketing : Reach different guest groups with seasonal offers. Booking Platforms & OTAs booking lead times, cancellation trends, channel performance. families, business travelers)? Revenue & Guest Behavior: When do cancellations spike, and what are the patterns?

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Hotel Business Plan

Xotels

OK, so you have decided to realize your dream and become a hotel entrepreneur, so now you need to start writing your hotel business plan. The next step would be to write a hotel business plan. But until you finish your business plan, you will not be able to get the financing either. It’s like a road map to the opening.

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CRM software is changing the game for hospitality businesses

Hotelier Magazine

CRM systems also provide real-time performance data around slow and busy periods, so your sales and marketing teams can identify new leads, design targeted email campaigns, as well as understand and respond to market conditions. A sprawling resort’s needs may differ from those of a busy casino or a small boutique hotel.

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6 Trends & Predictions For The Future Of The Hospitality Industry

Hotel Speak

Consumers are becoming increasingly aware of their impact on the environment, and they’re demanding businesses put forth efforts to reduce this impact. Meanwhile, AI-powered bots are helping travelers navigate complex processes like flight cancellations and refunds with ease. So let’s dwell a bit deeper in the subject!

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Business intelligence for hotels (+7 leading BI solutions)

Cloudbeds

Think back to the last time you made an important business decision for your property. That’s where business intelligence comes into play. Hotel business intelligence takes your existing data and tech stack to the next level. Here, we explore business intelligence for hotels and how it differs from data analytics.

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Hotel Reservation System: Their Significance and Impact on Your Business

Hotelogix

In this comprehensive guide, we delve into what a hotel reservation system entails and highlight its pivotal role in modern hotel businesses' success. It enhances guest satisfaction, optimizes operational efficiency, and drives revenue growth for your hotel business

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What your hotel booking performance can tell you about demand patterns

Cloudbeds

By calculating your RevPAR and taking into account your occupancy, you are creating a more balanced and truthful display of how well your business is doing. But how can you use the knowledge of the seasonal patterns in demand in your lodging business? Do you spot any patterns in the type of guests or booking channels?