SiteMinder

JUNE 12, 2024

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.

Yield Management

MediaBoom

FEBRUARY 29, 2024

Luxury ads encompass promotional efforts specifically tailored to market high-end products and services to affluent consumers. These advertisements leverage contemporary marketing techniques, data analytics, and sophisticated design strategies to effectively engage with the discerning target audience of luxury brands.

Consumer

Inn Quest

APRIL 5, 2023

Yield management, also known as revenue management, is a strategy hotels use to optimize their revenue by adjusting prices and inventory according to consumer demand. Even today, Ritz-Carlton uses a sophisticated revenue management system that analyzes market demand and adjusts room rates accordingly.

Yield Management

Hotel Speak

MARCH 20, 2024

One of the biggest benefits of appealing to the luxury market is that while the rest of the world may be affected financially by global events (e.g. In line with the findings from the Allied Market Research report, many of the Millennial travellers are often classified as ‘aspiring luxury’ and ‘newly rich’ travellers.

Travel

Hotelier Magazine

JULY 4, 2023

“There’s a new appetite for automation and kiosk technologies, part of which may be attributed to the shift in user habits that has stemmed from the pandemic,” says Jamie McDowell, VP of Marketing at Signifi in a release. Looking Ahead The global interactive and self-service kiosk market size was valued at USD $28.45

Services

MediaBoom

APRIL 5, 2024

It’s essential for influencing the vast majority of consumers who begin their travel planning online. Why It Matters Statistics reveal that a staggering 88% of online consumers are less likely to return to a site after a bad experience. Are you aiming to engage those ready to discover new destinations?

Marketing Strategy

Xotels

APRIL 3, 2024

Understand your Hotel´s Market The success of your revenue management strategy depends on how well you understand your market. This is one of the first steps when creating a revenue management strategy, performing thorough market research. Mapping out these questions out in your strategy will help to set realistic goals.

Revenue Management

Xotels

APRIL 3, 2024

Understand your Hotels Market The success of your revenue management strategy depends on how well you understand your market. This is one of the first steps when creating a revenue management strategy, performing thorough market research. Mapping out these questions out in your strategy will help to set realistic goals.

Revenue Management

Little Hotelier

FEBRUARY 22, 2023

Failing to do market research: You can’t just open a hostel and expect to get business. Not investing in tech: Admin is boring, time consuming, and takes you away from the more fun and valuable aspects of running your own hostel, like creating a memorable guest experience. Speak to hostel owners while you stay on their property.

OTA

Xotels

JULY 5, 2022

Continuously Changing Consumer Demands and Markets. Missing the Marketing Boat. Marketing Funnel. Market Research. Continuously Changing Consumer Demands & Markets. Of course, it is more difficult to plan when your market is liable to change. Research your market well and often.

Hotels