Remove Cancellation Remove Events Remove Upsell
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How decision intelligence unlocks hotel data for better insights

Cloudbeds

For example, Cloudbeds Intelligence analyzes billions of future-looking data points, including competitor rates, events, holidays, and search information, combined with a property’s own data to understand how every combination impacts profit. DI can also be more proactive and suggest upsells tailored to guest profiles and booking patterns.

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Direct Booking Strategies: How to Promote Your Booking Engine Effectively

STAAH

Flexible Cancellation Policies : In an unpredictable world, flexibility matters. Upsell & Promo Tools : Drive more revenue per booking with add-ons, promo codes, and package deals. Promote direct booking perks like free breakfast, flexible cancellation, or early check-in. This creates a sense of privilege and urgency.

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7 tips to make your overbooking strategy a success in 2024

STAAH

By deploying this strategy a hotel is insuring itself against possible cancellations by having secured guests who can fill cancelled bookings. Data must be used to inform how many no-shows or cancellations to expect so you can overbook by that much. 2) Use multiple data sources.

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8 Pricing Strategies for Hotels During the Holiday Season

STAAH

During peak holiday periods, consider adopting a revenue management system that factors in various parameters such as historical booking data, competitor pricing, local events, and even weather forecasts. This not only adds value for guests but also allows hotels to upsell services and capture diverse customer preferences.

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Hotel Pricing Strategy: 9 Key Factors To Drive More Bookings

STAAH

This expectation relies on understanding your hotel’s occupancy data, revenue, room rate and average spend per room for the last couple of months and in the same period the previous year, as well as looks at demand and events. 4) Flexible Cancellation Policy Guests are looking for flexibility , now more than ever.

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How Data Analytics in the Hospitality Industry and AI Are Transforming Hotel Operations

AskSuite

This enables instant alerts on drops in conversion rates, underperforming channels, or missed upsell opportunities. Reduction of Operational Waste Data analytics helps pinpoint inefficiencies across departments — from low-converting distribution channels to unused inventory in upselling offers. Talk to one of our specialists today!

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How Data Analytics in the Hospitality Industry and AI Are Transforming Hotel Operations

AskSuite

This enables instant alerts on drops in conversion rates, underperforming channels, or missed upsell opportunities. Reduction of Operational Waste Data analytics helps pinpoint inefficiencies across departments — from low-converting distribution channels to unused inventory in upselling offers. Talk to one of our specialists today!