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As a leader in revenue management consulting , were always at the forefront of what is happening in the hotel industry and keeping a close eye on how revenue management trends keep evolving. While questions like What are the top trends in revenue management for 2025?
For decision-makers in hospitality, the ROI is clear: better customer satisfaction, higher retention, and a stronger brand reputation. While those human touches are still meaningful, AI helps scale personalization without sacrificing relevance by enabling frontline teams to focus on connection, not data retrieval.
Periods of high demanddriven by holidays, festivals, or local eventscan strain resources, impact guest satisfaction, and complicate revenue and maintenance management. Revenue Maximization: Implement dynamic pricing strategies to capitalize on high-demand periods. Training and simple tools are essential.
Tools like smart dashboards and AI-powered messaging flows aren’t just simplifying operations—they’re increasing revenue and guest satisfaction by acting on real-time insights. Its purpose is not only to report what happened, but to reveal trends, inefficiencies, and revenue opportunities that would be difficult to detect manually.
Tools like smart dashboards and AI-powered messaging flows aren’t just simplifying operations—they’re increasing revenue and guest satisfaction by acting on real-time insights. Its purpose is not only to report what happened, but to reveal trends, inefficiencies, and revenue opportunities that would be difficult to detect manually.
In Booth #908 at the Indiana Convention Center, June 17 to 19, the audiovisual partners will show that with the right operational structure and support, in-house AV programs can deliver measurable ROI while strengthening guest loyalty. Pop-up and add-on rentals are captured and tracked, increasing ancillary revenue without adding headcount.
Voice Reservation Agents: Enhancing Availability and Efficiency Despite the digitalization of hotel booking engines , voice reservations remain a critical part of hotel revenue generationparticularly for last-minute, complex, or high-value bookings. However, maintaining round-the-clock human staffing is cost-prohibitive for many operations.
Focus on portfolio-level ROI, not just top-line revenue It’s tempting to chase growth for its own sake—more listings, more channels, more exposure. That’s how you increase revenue without increasing overhead or cutting corners on service. And remember, analytics doesn’t stop at revenue. Are service tickets closed on time?
These models often lack the context and transparency revenue managers need to understand pricing decisions. This eliminates the need for an external media player, saving on additional expense and energy, for maximum ROI.
Asksuites AI Reservation Agent: Real Impact at Scale With over 5,000 hotels worldwide, Asksuites AI Reservation Agent is helping hotels open more conversations and close more reservations. Real-Time communication that potentializes revenue growth Travelers demand immediate, accurate answers. AI is helping them do exactly that.
Accounting â RDP streamlines revenue and expense reporting by providing a more accurate picture of an ownerâs or propertyâs financial performance. To make this technological achievement even more compelling, HCNâs new ad-supported revenue model makes the entire platform highly subsidized with a possible revenue share for hotels.
This eliminates the need for an external media player, saving on additional expense and energy, for maximum ROI. The result is a fully integrated platform that empowers operators to streamline operations, drive revenue, and elevate the guest experience from pre-arrival through the on-property journey. Agilysys Book with S.P.E.N.D.
Stay Package Entitlement New Dynamic ) , a technology breakthrough that increases ancillary revenue and guest personalization by simplifying how hotels sell and fulfill packages. Lets Guests Reserve Package Entitlements With Zero Staff Involvement Agilysys Inc. announced the launch of Agilysys Book with S.P.E.N.D.
This collaboration enables hotels using Infor HMS to drive incremental revenue and elevate guest personalization by seamlessly integrating Plusgradeâs proven upsell technology into the core guest journey. âTogether, weâre bringing ancillary revenue into the digital core of hotel operations â where it belongs.
Stay Package Entitlement New Dynamic ) , a technology breakthrough that increases ancillary revenue and guest personalization by simplifying how hotels sell and fulfill packages. Lets Guests Reserve Package Entitlements With Zero Staff Involvement Agilysys Inc. announced the launch of Agilysys Book with S.P.E.N.D.
All devices are connected to Anacoveâs AI-powered cloud system, which treats the hotel as a unified ecosystemâ delivering automated reports and actionable insights that show clear ROI and support smarter operations. Lets Guests Reserve Package Entitlements With Zero Staff Involvement Agilysys Inc. Agilysys Book with S.P.E.N.D.
He has worked closely with Gibbs and the entire Yum! 6/16/2025 HITEC 2025: Infor, Plusgrade Integration Creates Upsell Opportunities for Hotels Infor announced a preferred partnership between its Infor Hospitality Management Solution (HMS) and Plusgrade, the global leader in ancillary revenue solutions.
Since adopting eviivo, Frenchospitality has achieved significant results: Reduced Technology Costs: Tech spending has been cut by 75%, dropping from 4% of annual revenue to just over 1%. ð Downtime equals lost revenue and trust âa weak incident response plan can amplify damage.
Accounting â RDP streamlines revenue and expense reporting by providing a more accurate picture of an ownerâs or propertyâs financial performance. To make this technological achievement even more compelling, HCNâs new ad-supported revenue model makes the entire platform highly subsidized with a possible revenue share for hotels.
Stay Package Entitlement New Dynamic ) , a technology breakthrough that increases ancillary revenue and guest personalization by simplifying how hotels sell and fulfill packages. Lets Guests Reserve Package Entitlements With Zero Staff Involvement Agilysys Inc. announced the launch of Agilysys Book with S.P.E.N.D.
The Nomadix solution is one of the lowest cost-of-ownership offerings on the market, while also achieving a quick return on investment (ROI). Energy management systems (EMS) are high-impact investments that deliver proven value and a measurable ROI. For more information on Quore, visit www.quore.com. What This Means for IT Leaders: 1.
Thatâs a compelling ROI argument for sustainability-focused investments, especially when margins are tight. Accounting â RDP streamlines revenue and expense reporting by providing a more accurate picture of an ownerâs or propertyâs financial performance. The HCN AI Concierge Tablet + ad strategy solves these problems.
Accounting â RDP streamlines revenue and expense reporting by providing a more accurate picture of an ownerâs or propertyâs financial performance. To make this technological achievement even more compelling, HCNâs new ad-supported revenue model makes the entire platform highly subsidized with a possible revenue share for hotels.
The Nomadix solution is one of the lowest cost-of-ownership offerings on the market, while also achieving a quick return on investment (ROI). Energy management systems (EMS) are high-impact investments that deliver proven value and a measurable ROI. For more information on Quore, visit www.quore.com. What This Means for IT Leaders: 1.
4 Unique Ways to Reduce Hotel Expenses and Maximize Revenue Cost-cutting doesn’t always mean reducing services—it can also involve maximizing existing resources. No revenue opportunities are lost this way. Labor Cost Percentage: Compare your labor costs to your overall revenue.
âBrands are craving revitalization, and were rolling out an aggressive roadmap filled with new products and features specifically designed to spark innovation and drive revenue growth.â Whatâs Inside PAR® Engagement: One Unified Flywheel. The transaction is subject to customary closing conditions. Every Guest Journey.
The transaction is subject to customary closing conditions. âBrands are craving revitalization, and were rolling out an aggressive roadmap filled with new products and features specifically designed to spark innovation and drive revenue growth.â Whatâs Inside PAR® Engagement: One Unified Flywheel. Every Guest Journey.
âBrands are craving revitalization, and were rolling out an aggressive roadmap filled with new products and features specifically designed to spark innovation and drive revenue growth.â Whatâs Inside PAR® Engagement: One Unified Flywheel. The transaction is subject to customary closing conditions. Every Guest Journey.
The aim is to generate a hotel return on investment (or hotel ROI); money that you can either reinvest in the business or extract as profit. A hotel investment that delivers the goods Little Hotelier’s all-in-one booking and hotel management software can deliver an incredible ROI for your small, independent hotel: up to 63x!
Working with Barb Giamanco over at Social Centered Selling, we set out to find out what impact, if any, social selling, that is using social media as part of the selling process, had on revenue and quota attainment. Simply put, social selling and social media increase revenue and sales people’s quota attainment. In 2012, 72.6%
Want to know how they achieved a 28x ROI with Asksuite’s new solution? This ensures that: Hot leads are followed up closely Service is continuous and faster The pre-stay experience is positive from the get-go As a result, the team became more efficient, serving more clients in less time with superior quality. Read the full story below!
A client since 2015 the team at Hotel Forum has worked closely with Bookasist over the last 7 years enjoying a strong ROI on digital investment. New hotel director Maria Vittoria Troiani took advantage of the strong ROI, and made the decision to invest more, confident in the return she would get.
Positive online reviews from this can boost occupancy rates and revenue. Implementation assistance: Close collaboration to ensure a seamless transition when adopting new safety processes or technologies, minimizing disruptions. The post Web Exclusive: ROI of keeping employees safe appeared first on hotelbusiness.com.
Revenue leadership at Frasers Hospitality Pte Ltd believes that technology spend will increase in 2024, with tech infrastructure, cybersecurity, integration, and AI solutions being at the top of the priority list, according to Sheran Loh, Vice President, Revenue Management (Corporate), Frasers Hospitality.
When it comes to events, planners are designing experiences for our five senses, which are all tied so closely to our memories. What Percentage of Events are Revenue Drivers? Surveyed corporate planners told us that 57% of events they manage are for the sole purpose of driving revenue or leads for their organization.
These insights are not just numbers; they are the keys to boosting your hotel’s revenue and refining your marketing strategies. Identify High ROI Channels & Campaigns: Tracking allows for a more efficient allocation of marketing budgets by identifying the most profitable channels and campaigns. Why Do We Need Tracking?
A Google Ads cost calculator can help you optimize your spend, maximize ROI, and stop wasting money. Our easy-to-use Google Ads Cost Calculator tool provides the insights you need to optimize spend, maximize ROI, and eliminate wasted clicks. The answer is here: The Google Ads Cost Calculator.
Hotel profitability analysis is a multifaceted approach that considers revenue generation, cost management, and operational efficiency. By examining these critical areas, hoteliers can identify areas of improvement, capitalize on revenue opportunities, and mitigate financial risks. Well, yes and no. KPIs You Must Know 1.
It cuts through hard pitching and cold calls, allowing you to build community trust and generate more predictable leads and revenue. Social selling is when salespeople leverage social media platforms and online communities to connect with potential customers, build relationships, and close sales. What is Social Selling?
It cuts through hard pitching and cold calls, allowing you to build community trust and generate more predictable leads and revenue. Social selling is when salespeople leverage social media platforms and online communities to connect with potential customers, build relationships, and close sales. What is Social Selling?
Service standards during high-demand periods (holidays & peak seasons) In the hotel industry, offering a close, humanized service is essential. Luxury hotels achieve the highest ROI from AI According to Asksuite data, luxury hotels with higher rates tend to have a greater service demand, making AI investment particularly advantageous.
The boutique Seattle hotel Inn at the Market has shown a very strong return on investment (ROI) – increasing revenue by over 500% (full year 2022 vs. revenue through August 2023) – since they started utilizing the marketing capabilities of Amadeus’ Guest Management Solutions early in 2023.
As a leader in revenue management consulting , we’re always at the forefront of what is happening in the hotel industry ─ and keeping a close eye on how revenue management trends keep evolving. While questions like “What are the top trends in revenue management for 2024?”
As a leader in revenue management consulting , we’re always at the forefront of what is happening in the hotel industry ─ and keeping a close eye on how revenue management trends keep evolving. While questions like “What are the top trends in revenue management for 2024?”
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