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With all the changes impacting hoteliers so quickly—the need for hotels to do more with less, continuing pressures on margins, the rapid rise of AI—it’s time for new paradigm in revenue management, one rooted in scientific rigor, data integration and interdisciplinary collaboration.
Hotel revenue management isn’t just about pricing rooms. Yet, time and again, we find that hotels, especially independent and boutique properties, are making avoidable hotel revenue management mistakes that silently bleed revenue. This is one of the most damaging hotel revenue management mistakes in today’s dynamic market.
This seamless integration has not only minimized errors and enhanced booking accuracy but also played a pivotal role in driving revenue growth for the hotel chain, positioning it for continued success in a competitive market.
RevenYou , led by CEO and Founder Tamie Matthews , has a knack for turning around the fortunes of hotel businesses, even under the most dire circumstances. Tamie brings a wealth of hospitality experience and a robust skillset that enables hoteliers to better analyse revenue performance, improve yield management, and optimise hotel management.
This eBook will answer all your questions and more by providing a complete overview of Conversation Intelligence and its importance in Revenue organizations, delivering impact from your Sales Development Representatives all the way to the C-Suite. Conversation Intelligence defined and how it impacts your business. Ready to learn more?
Today, creating Instagram-worthy settings isn’t just nice to look at—it’s necessary for your hospitality business. Maximize versatility and functionality Versatility turns a standard pool deck into a multifunctional venue-ready space and a major revenue generator. The smartest pool decks do double duty. But when the sun sets?
Outsourced revenue management has become a strategic solution for independent and lifestyle hotels that want to grow profitably without building large in-house commercial teams. If you’re a hotelier evaluating your revenue strategy, this is your practical starting point. What Is Outsourced Revenue Management?
Often considered a dull, technical aspect of occupancy metrics for large chains, hotel revenue management has easily been written off as being just about numbers and pricing. In reality, it is a strategic, creative discipline that can unlock significant value across all types of hotels and operations.
Managing 60+ alpine chalets was challenging until Chalets 1066 found a smarter way to streamline bookings with STAAH Nestled in the picturesque Alpine village of Les Gets, France, Chalets 1066 is a self-catered chalet and apartment rental business with a reputation for comfort, quality, and personalized service.
Whether you need to improve lead response times, boost adoption of core tools, improve lead qualification, or target and automate your GTM motions, you’ll find examples of how revenue teams are solving some of the toughest problems in modern business.
For operators managing furnished apartments, aparthotels, or extended-stay inventory, this shift represents a significant revenue opportunity. What is the opportunity around extended-stay revenue? Even at lower nightly rates, the cumulative revenue per guest far exceeds short-term bookings.
Increase Direct Bookings Get Your Free Hotel Marketing Audit Maximize direct bookings, grow your revenue, and boost your online presence — with a free custom audit. Elevate Your Hospitality Brand Today Schedule Your Free Consultation Seeking to elevate your business? Let Mediaboom guide you. Let Mediaboom guide you.
The business relied on traditional methods and expensive advertising that didn’t deliver results. Simpler processes, more revenue What if you could boost your hotel's efficiency and revenue while also reducing your workload? We’ve had double the revenue compared to what it cost to implement the tool.”
Craft Unique Guest Journeys Through Personalization One of the most visible applications of AI is leveraging personalization to drive revenue growth and foster loyalty. According to Hotelchamp , hotels that implement these types of personalization strategies have seen revenue increases of 10% to 30%. Tools like ChatGPT and Jasper.ai
Businesses are tasked with beating pre-pandemic numbers, making marketing more essential than ever before. This is your chance to create unprecedented brand awareness, bring in the best leads sales has ever seen, and play an instrumental role in generating new and existing businessrevenue.
It helps fill tables during off-peak times, maximising restaurant occupancy and revenue. Patryk Luszcz, UK regional director at Profitroom, said: “This partnership with ResDiary is part of our wider mission to team up with best-in-class providers who help our hotel partners unlock profit from every corner of their business.
Without proper integration between operations and management, overbooking became a recurring problem that resulted in significant business losses. Significant growth : Casa Salles recorded a 62% increase in revenue compared to 2023. SiteMinder was able to transform the way Casa Salles managed its operations.
When hoteliers think about lost hotel revenue , they typically blame seasonality, OTA commissions, or low occupancy. That means even minor wait times in communication add up to significant shortfalls in revenue, and your competitors might be capitalizing on it. What’s the Hotel Revenue Loss Calculator? The good news?
HotelData.com’s inaugural report, the 2025–2026 Budget Planning Guide, provides critical insights into labor costs, revenue performance and profit margins to help hotel owners, operators and investors develop more accurate, data-driven budgets for the year ahead. Resorts: $123.60 Overall labor costs averaged +6.6% Budgeted: $123.89
Whether it’s a business deal or a personal connection, they are a driving force to solidify a foundation of trust. Enter conversational marketing — the new paradigm to tackling your business deals and converting prospects in minutes.
The new program brings together the company’s comprehensive suite of business travel services under one unified program , offering personalized partnerships, competitive rates and streamlined booking solutions. “ Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex
By offering what customers want at the right time, travel businesses can build out strong personas and genuinely loyal customers. Indeed, many CTS partners launch premium travel clubs to create a community-driven platform, offering exclusive travel experiences while diversifying revenue streams.
What is sustainable business travel? Sustainable business travel is a hotel’s way of meeting corporate guests’ needs while actively cutting carbon emissions, preserving local resources, and supporting the communities that host those travellers. Global business-travel spending was forecast to reach US $1.48
Hospitality.today⢠Topics Subscribe Topics ⺠Travel ⺠Business Travel Global business travel buyers retreat from U.S. Hotels brace for revenue declines as business meetings are canceled, moved Abroad, or taken online Jul 18, 2025 Growing concerns over recent U.S. Pullback from U.S.
According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. In times of economic uncertainty, account-based strategies are essential. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.
Ancillary revenues increased 19% compared to second quarter 2024 and 13% on a year-to date basis. We also returned nearly $110 million to shareholders this quarter—continuing to demonstrate the value-creating power of our highly cash-generative, resilient asset-light business model. per share. “We
While many hotels still rely on the traditional reservation playbook to handle a growing volume of inquiries, others are investing in automated customer service as a way to regain control, cut response times, and unlock new revenue streams. Want to know more about real-time data and how it affects your business?
This article explores the ever-shifting regulatory landscape while providing some helpful tips to maintain a compliant, but healthy business. These may include business licenses, zoning permits, or special STR permits. Which leads to an interesting question: Are STR regulations ultimately bad for business? It depends.
Its inaugural report, the 2025–2026 Budget Planning Guide , delivers critical insights on labor costs, revenue performance, and profit margins to help hotel owners, operators, and investors build more accurate, data-driven budgets for the year ahead. Revenue Performance RevPAR underperformed budget expectations in H1 2025: Actual: $105.12
Those implementing a B2B sales and marketing intelligence solution reported that they have realized 35% more leads in their pipeline and 45% higher-quality leads leading to higher revenue and growth.
billion “We continued to demonstrate the power of our resilient business model as we delivered strong bottom line results in the quarter, even with modestly negative top line performance given holiday and calendar shifts, reduced government spending, softer international inbound business and broader economic uncertainty,” said Christopher J.
By combining Duetto’s robust revenue data with THN’s powerful direct booking platform, hotels can now deliver highly personalized and timely offers to potential guests, driving conversion and maximizing revenue,” said John Lingos-Webb, VP, global partnerships & alliances, Duetto.
Hotel Business has compiled a roundup of some of them. LG debuts Pro:Centric+ LG Electronics has introduced Pro:Centric+, the next generation of its Pro:Centric hotel TV platform that turns in-room displays into powerful business tools. At HITEC 2025 in Indianapolis, new products were showcased and new partnerships were formed.
A unified customer profile allows hospitality businesses to understand who their guests really are, not just as a reservation number, but as a person with a history, preferences, and patterns. However, the real opportunity lies in AIâs ability to help businesses adapt in real time to evolving guest behaviors and expectations.
At Heritage Hotel Management, Nicholson led the post-Covid recovery of a portfolio of 10 properties, with a focus on restoring operational performance, driving revenue growth, enhancing guest satisfaction, and accelerating digital transformation.
Digitalizing the journey: Mobile keys, on-the-go check-in, and seamless check-out “ At Salto, we believe access to technology should be so convenient that guests actually enjoy using it,” said Nora Urquiza, Hospitality Solutions Business Lead at Salto Systems. “ Receive daily leadership insights and stay ahead of the competition.
Hotel management challenged by seasonality in the mountains When Ana Sánchez joined Snö Hotels as Revenue Manager over five years ago, she encountered an exciting challenge; helping to build a hotel chain from scratch that specialised in snow and mountain destinations – using the right technology from day one.
Your hotel’s reputation isn’t just part of your business — it’s the foundation of your success. In this guide, you’ll discover why hotel reputation management matters, the benefits it brings, and proven strategies, including the best tools, to build trust, grow revenue, and stay ahead of the competition. Let Mediaboom guide you.
trillion in potential new sales revenue because they may be underinvesting in business travel, according to a new report exploring the return on investment (ROI) of corporate travel. Business Travel,” released by the Global Business Travel Association (GBTA), in partnership with the American Society of Travel Advisors (ASTA).
. “While our previous research focused on property owners’ challenges, this report flips the script to understand what guests actually want from independent properties,” said Bobby Marhamat, CEO, TakeUp, an AI-powered revenue management platform purpose-built for independent hospitality properties.
Business travelers bring their own set of priorities, favoring access to a business center (20%), flexible room rental options such as early check-in or short-stay bookings (19%), and loyalty programs (13%). Whether it’s a preferred floor, a scenic view or a special service, these extras present real revenue opportunities for hotels.
We spoke with Alejandro León Carvajal , Corporate Director of Revenue Management and Online Distribution at oxoHotel, who shared how SiteMinder has helped the group improve their distribution and operational efficiency. SiteMinder is part of our business.
Bezla’s proprietary, Provisionally Patented Hotel Revenue Management Application provides our hotel owners with a competitive edge. Bezla’s hotel revenue management experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
The root cause of the risk of losing your revenue manager is the crushing workload and immense stress they face daily. This is where a modern Hotel Business Intelligence (BI) tool doesn't just help—it gets your most valuable asset back on track.
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