Remove Cancellation Remove Direct Marketing Remove Market
article thumbnail

How decision intelligence unlocks hotel data for better insights

Cloudbeds

For years, the gold standard guiding business strategies for hotels has relied heavily on historical data, analyzed a few times a year (at best), making it difficult to swiftly respond to changing market conditions. For hotels, this includes making dynamic rate suggestions and identifying segments and offers for marketing campaigns.

Upsell 105
article thumbnail

What is a bed bank? List of bed bank examples for hotels

SiteMinder

By collaborating with bed banks, hotels gain access to international markets and diverse travel audiences. For instance, a hotel in Australia might use a bed bank to market rooms to European travel agents, significantly expanding its global reach without the need for direct international marketing.

OTA 96
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hotel Business Plan

Xotels

Industry Analysis Information on the current industry trends and the current state of the market and how this will impact your hotel. Customer Analysis In-depth information on your target market, including geographic, demographic, socioeconomic, psychographic, and behavioural segmentation details. How will your direct marketing work?

article thumbnail

Advanced distribution strategies for hotels

Cloudbeds

Ad retargeting tools also allow you to create ads with AI-generated content and set your own investment budget to streamline hotel marketing efforts. Increase direct bookings with Cloudbeds. This data helps understand preferences, segment audiences, and craft personalized marketing campaigns that lead to higher conversion rates.

OTA 76