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Influencer Marketing vs Traditional Marketing: Pros and Cons [Guide]

Social Hospitality

Promote your goods/services or announce upcoming events, sales, and discounts to attract current and potential customers. Print handouts are mostly used for sales and event announcements. If your goal is to increase your brand awareness or announce your upcoming promotion/sale/event, this method is the best one to implement.

Market 189
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How to start a hotel business plan

SiteMinder

Here’s what to include in your executive summary: Hotel concept: Briefly describe your hotel’s unique features, target market, and overall vision. Marketing strategy: Highlight your key marketing initiatives, such as online advertising, social media engagement, or partnerships with travel agencies.

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How Hotels Can Use Data Analytics To Anticipate And Manage Peak Season Demands

Hotel Speak

Understanding Peak Season Dynamics Peak seasons vary based on location, climate, and cultural events. Predictive Demand Forecasting Predictive analytics utilizes historical data, market trends, and external factors to forecast future demand. Continuous Monitoring: Use dashboards to monitor rate effectiveness and adjust in real time.

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TIAO Uncovers Findings from U.S. Market & Tariff Survey

Hotelier Magazine

Lack of targeted marketing in key U.S. These include: Investing $15 million in provincial tourism marketing to attract domestic, U.S. Creating a $20 million fund to secure national and international sport and business events. Misinformation about border crossing requirements continues to deter U.S.

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HB on the Scene: Leaders discuss AI, labor and other issues at AAHOACON24

Hotel Business

” Trivedi noted that AI-driven platforms like Google’s new search experience gives hoteliers the opportunity to “know your guest up close and personal, and you can do targeted marketing.” “AI is scary, but it is a great opportunity.”

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What is Yield Management: Guide for Hotels

SiteMinder

This includes offering tailored packages, suggesting room upgrades, promoting in-house dining experiences, and even curating special entertainment events. This data-driven approach allows hoteliers to make informed decisions about pricing, promotions, and packages based on historical data, market trends, and forecasts.

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Why group revenue is about risk management

Hotel Speak

The group may require breakfast, lunch, and dinner, and maybe a gala dinner event to close. Balancing group and transient requires confident revenue management, targeted marketing, and managing risk. A very large group may come with meeting space rental revenue, which is 100% pure profit. Then you have F&B.

Revenue 85