Cancellation Occupancy Services Upsell 
STAAH
MAY 16, 2023
Hotel managers and revenue managers use data analysis and revenue management tools to determine the optimal price for each room based on various factors such as occupancy rates, booking trends, and competitor rates. 4) Flexible Cancellation Policy Guests are looking for flexibility , now more than ever.
SiteMinder
SEPTEMBER 6, 2023
While they can be a wild card in the hotel management game, they offer a unique opportunity to maximise occupancy and revenue. Last-minute hotel room bookings have a range of benefits including: Maximised occupancy : Filling rooms at the eleventh hour ensures that you’re making the most of your available inventory.
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Little Hotelier
NOVEMBER 6, 2023
Upselling and cross-selling Grab upselling and cross-selling opportunities with both hands. Revenue optimisation solutions like the Little Hotelier booking engine allow you to offer extra services as part of your direct booking process. You can also offer add-ons and room upgrades at reception as your guests arrive.
Inn Quest
MAY 11, 2023
By drawing in more visitors, raising occupancy rates and enhancing profitability, a thoughtful pricing strategy can help hotels maximize their revenue. Even if occupancy rates do not rise, this can help hotels raise their profit margins. A Rise in Profitability: Effective pricing strategies can also boost a hotel’s profitability.
Q4Launch
FEBRUARY 3, 2022
Research Booking Pre-Arrival Arrival Occupancy Checkout / Departure Post-stay Research For us, this is called the “Dreaming” phase of the travel life cycle. For example, overly strict cancellation policies can deter some potential guests. Bolded ones are the most typical. Arrival First impressions are everything.
Xotels
APRIL 3, 2024
Key factors considered in market segmentation include length of stay , day-of-week stays, total revenue per room , total revenue per client, booking lead time, cancellation percentage, and no-show ratio. Mix of business and leisure amenities and services (see how to target the bleisure market ).
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. Guestcentric.
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