SiteMinder

SEPTEMBER 6, 2023

Reduced cancellation risks : The closer the booking is to the stay date, the less likely it is to be cancelled. With the guest already committed to staying at your hotel, targeted offers for room upgrades, spa treatments, or dining options can be sent via email or app notifications.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

Cloudbeds

APRIL 24, 2023

For hotels, an example of this would be when a guest doesn’t remember having dined in the hotel restaurant or doesn’t recognize the restaurant’s name on their credit card statement. In some cases, the person may pay an advanced deposit and then cancel the reservation, requesting a refund to a different account.

Hotels 98

Hotels Cancellation Operations Consumer 98

Catala Consulting

JULY 30, 2023

Overbooking: Though counterintuitive, it helps mitigate revenue loss due to last-minute cancellations or no-shows. TRevPAR Optimization: Besides room revenues, optimizing additional revenues from services such as dining, spa treatments, and unique experiences is crucial for overall revenue growth.

Revenue Management 52

Revenue Management Revenue Resorts Management 52

Cloudbeds

APRIL 24, 2023

For hotels, an example of this would be when a guest doesn’t remember having dined in the hotel restaurant or doesn’t recognize the restaurant’s name on their credit card statement. In some cases, the person may pay an advanced deposit and then cancel the reservation, requesting a refund to a different account.

Hotels 92

Hotels Cancellation Operations Consumer 92

Private Upgrades

FEBRUARY 25, 2023

Make sure to carve out some time to visit the lively and colorful Port Lucaya Marketplace, where you can explore an array of charming boutiques selling locally-made Bahamian crafts and indulge in some fine dining. Count Basie Square is also a must-visit, where you can enjoy open-air entertainment and soak up the lively atmosphere.

Dining 52

Dining Casinos Cancellation Resorts 52

Hotelier Magazine

JANUARY 24, 2024

This allows a hotelier to] for instance, know what motivates guests to spend at the restaurant or, conversely, how to encourage locals dining at your restaurant to recommend your hotel to their friends. “A A well-structured CRM can do this and far more when it comes to micro-segmentation.

Business 59

Business Hospitality Email Marketing Management 59

TravelNet

JULY 20, 2023

Specify the number of bathrooms and any additional areas like a cozy living room, spacious dining room, or charming gardens. In contrast, Vrbo’s are based on the number of accepted bookings, host cancellations, conversion rate, and review score. Cancellations—yours and theirs.

OTA 98

OTA Cancellation Branding Shopping 98

BCV

APRIL 6, 2021

Rolling vaccination distributions, travel restrictions, and cancellation of some school spring breaks will continue to impact traditional travel patterns and booking decisions during Q2. Amenities such as private drivers, customized excursions, and exclusive dining experiences are coveted by those seeking indulgent travel.

ROI 52

ROI Consumer Travel Cancellation 52

Social Tables

DECEMBER 27, 2022

Your classmates may want to wine and dine at an upscale restaurant, revisit a local hangout, or take a walk down memory lane through the halls of your old high school. When contacting potential host venues, inquire about their deposit requirements, cancellation policies, and guest count requirements. Entertainment equipment.

Events 78

Events Scale Services Accommodation 78

Cloudbeds

FEBRUARY 28, 2024

When travelers book on your website, you can upsell them to premium rooms and cross-sell onsite services and add-ons like breakfast, dining, spa, and recreation. When travelers book through your website, they can make changes or cancel directly with your property, giving them peace of mind. Generate more revenue.

Revenue Management 98

Revenue Management Revenue Hotels Operations 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

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

In1solutions

MARCH 4, 2024

If, due to unforeseen circumstances, a guest is forced to cancel their hotel stay at the last minute, consider loading the cost of their stay onto a gift voucher. Offer dining and afternoon tea experiences. This may then be cashed in at a later, more convenient date. This keeps cash flow buoyant while maintaining sales volume.

Sales 52

Sales Cancellation Digital Marketing Branding 52

Hotelier Magazine

MAY 5, 2023

And, while only eight per cent have cancelled their trips as a result, 35 per cent will be taking action to cut their costs. Of those who are planning a road trip this summer, 43 per cent say rising gas prices have impacted their plans.

Cancellation 52

Cancellation Accommodation Travel Dining 52

Inn Quest

MAY 11, 2023

This strategy works especially well for lodging facilities that encounter seasonal fluctuations in demand or a high rate of cancellations. Hotels can increase bookings and lower the chance of cancellations by providing discounts to customers who make reservations in advance.

Revenue 88

Revenue Occupancy Hotels Market 88

Xotels

NOVEMBER 23, 2023

Hotel management oversees menu planning, food quality, pricing, and service standards to guarantee a delightful dining experience. Ensure guest satisfaction, respond to requests promptly, and maintain a proper dining experience. Marketing: Attracting and retaining guests requires effective promotion and marketing strategies.

Management 40

Management Revenue Management Hotels Operations 40

Xotels

NOVEMBER 23, 2023

Hotel management oversees menu planning, food quality, pricing, and service standards to guarantee a delightful dining experience. Ensure guest satisfaction, respond to requests promptly, and maintain a proper dining experience. Marketing: Attracting and retaining guests requires effective promotion and marketing strategies.

Management 40

Management Revenue Management Hotels Operations 40

StayNTouch

NOVEMBER 6, 2022

According to a metastudy of 48 abandonment rate studies by the Baymard Institute, approximately 70% of shoppers abandoned their online shopping carts or canceled purchases at checkout. Fully integrated mobile payments is also a necessary capstone to a fully mobile guest welcome or in-stay dining experience.

Hotels 52

Hotels Revenue Shopping Sales 52

Hotel Speak

JUNE 6, 2023

Meanwhile, AI-powered bots are helping travelers navigate complex processes like flight cancellations and refunds with ease. Furthermore, hotels are integrating wellness into their services, offering amenities such as fitness facilities, healthier dining options, and in-room wellness features, such as air purifiers and ergonomic furniture.

Hospitality 72

Hospitality Accommodation Travel Tourism 72