SiteMinder

JUNE 12, 2024

This includes offering tailored packages, suggesting room upgrades, promoting in-house dining experiences, and even curating special entertainment events. For instance, if a hotel expects high occupancy due to an upcoming event in the city, they can ensure adequate staffing and inventory to cater to the influx of guests.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Cloudbeds

APRIL 8, 2024

Download Guide Customize the traveler’s journey Consumer preferences have shifted significantly with the introduction of highly personalized technology like Netflix, Amazon, and Uber. Consider offering weeknight rates, promo codes for special events, or loyalty discounts for repeat customers. Transparency.

OTA 98

OTA Average Length of Stay Upsell Revenue 98

Xotels

APRIL 3, 2024

Guest & Market Segmentation Hotel market segmentation is an important component of effective revenue management, allowing hotels to target diverse consumer groups based on their behaviours and budget levels. This information enables revenue managers to strategically target specific holidays or events with tailored offers and packages.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Xotels

APRIL 3, 2024

Guest & Market Segmentation Hotel market segmentation is an important component of effective revenue management, allowing hotels to target diverse consumer groups based on their behaviours and budget levels. This information enables revenue managers to strategically target specific holidays or events with tailored offers and packages.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40