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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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How decision intelligence unlocks hotel data for better insights

Cloudbeds

This creates a more collaborative environment between departments that traditionally have separate goals, such as revenue managers and guest services or marketing and operations teams. Capture and analyze historical data and predictions of future trends to design timely and relevant marketing campaigns.

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EBITDAR explained: Driving financial health for hotels

Cloudbeds

This helps hotel management focus on improving controllable factors like: Staffing levels Pricing strategies Food and beverage (F&B) costs Guest services Financing and investments For independent hotels or groups looking to sell, acquire, or refinance, EBITDAR provides a reliable measure of value and future potential.

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Hotel Business Plan

Xotels

You have thought out an amazing concept delivering unparalleled guest service. It can also help you to keep up to date with the latest hotel marketing trends to understand which are the types of guests who will be staying at your hotel. Basically, how will consumers answer this question ‘Why my hotel?’ When should they start?

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15 Essentials Digital Marketing Services for Hotels

MediaBoom

The advent of digital advertising has revolutionized the way lodgings are showcased, making it easier to compare features and services. Explore how these 15 services can elevate your property’s online presence, drawing in more visitors and boosting revenue: 1.

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13 ways to attract more direct bookings for your hotel

Cloudbeds

Hotels can bid on metasearch advertising placements and pay when consumers click on the ad. Metasearch differs from OTAs in that you can direct travelers back to your website to drive direct bookings, and it works on a non-commission model; instead, you pay a cost per click (CPC).

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.