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What is a bed bank? List of bed bank examples for hotels

SiteMinder

These rooms are then resold to various travel distributors, such as OTAs, tour operators, and travel agents, who then offer them to end consumers. Expand your hotels visibility and reach niche markets Partnering with a global bed bank opens doors to untapped international markets and niche audiences.

OTA
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EBITDAR explained: Driving financial health for hotels

Cloudbeds

Real-time data collection and calculation The data consolidation part becomes more efficient if the PMS is part of a suite of applications that automatically collect and send EBITDAR data, eliminating time-consuming manual reconciliations. Improve marketing and distribution Optimize distribution channels to reduce sales commissions.

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13 ways to attract more direct bookings for your hotel

Cloudbeds

Direct bookings are reservations guests confirm directly with a property without using an online travel agency (OTA) or 3rd party intermediary. They’re typically made on a hotel’s website or other direct booking channels, like email, the sales team, social media , or through messaging tools like WhatsApp or Messenger.

OTA
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Luxury Hotel Marketing – Top 10 Proven Strategies for Success

MediaBoom

Luxury hotel marketing is a specific type of marketing that is developed to attract a distinct group of consumers. These consumers are seeking exceptional and unique experiences, spacious and well-appointed accommodations, outstanding customer service and the highest quality of everything from food to furnishings.

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15 Essentials Digital Marketing Services for Hotels

MediaBoom

A staggering 75% of consumers admit to judging a business’s credibility based on its website design. Learn the secrets to driving more traffic to your Hotel website, generating more leads, and ultimately increasing sales. Here’s how video marketing can be a game-changer for hotels in the digital age.

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Guest profiles: Enabling personalized marketing & guest experiences

Cloudbeds

This is especially important, considering more than 70% of consumers view personalized experiences as a basic expectation. Ensure you have systems in place ahead of time to collect guest information, including your property management system (PMS) , customer relationship management (CRM) system, and point-of-sale system.

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Luxury Real Estate Marketing – 15 Innovative Tips for Success

MediaBoom

With the number of luxury home sales on the rise in a fiercely competitive market, having a quality luxury real estate marketing strategy is a must. Learn the secrets to driving more traffic to your luxury website, generating more leads, and ultimately increasing sales.