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Hotel Revenue Management Strategies

Xotels

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

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What is a booking engine? How to increase profitability and direct bookings

Cloudbeds

Travelers should have full transparency when looking at your booking engine’s calendar to see restrictions like length of stay, closed-to-arrival, and closed-to-departure so they can easily choose dates without running into errors. Transparency. First impressions matter. Intelligent pricing. Multi-property functionality.

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Hotel rate management: Best software to use

SiteMinder

It lays the groundwork for effective rate management, allowing for strategic adjustments while maintaining a level of predictability and stability in pricing. These restrictions help in managing room availability more effectively, especially during peak periods or special events.