Hotelogix

JANUARY 19, 2025

By generating reports and analytics, the PMS provides valuable insights into occupancy trends , revenue performance, and guest preferences. A robust PMS provides insights into occupancy trends, revenue metrics, and guest behavior patterns, allowing hoteliers to forecast demand and adjust strategies accordingly.

Management 40

Management Occupancy Operations Revenue 40

Hospitality Tech

JUNE 16, 2025

The R370 solution enables secure, reliable and easy-to-manage wireless coverage in guest rooms, small lobbies and small dining areas to enhance guest satisfaction. is fully integrated with Agilysys PMS, POS, spa, golf, dining, and activity systems. Lets Guests Reserve Package Entitlements With Zero Staff Involvement Agilysys Inc.

Operations 52

Operations Upsell Services Scale 52

Catala Consulting

JANUARY 21, 2025

Whether its a seamless check-in process, personalized dining recommendations, or proactive problem-solving, customer satisfaction is at the heart of every hotel, resort, and travel business. Conversely, during low-occupancy periods, prices can be lowered to attract more bookings while still maintaining profitability.

Hospitality 52

Hospitality Services Business Revenue 52

Hospitality Tech

JUNE 16, 2025

The R370 solution enables secure, reliable and easy-to-manage wireless coverage in guest rooms, small lobbies and small dining areas to enhance guest satisfaction. is fully integrated with Agilysys PMS, POS, spa, golf, dining, and activity systems. Lets Guests Reserve Package Entitlements With Zero Staff Involvement Agilysys Inc.

Management 52

Management Services Upsell Operations 52

Hotelogix

APRIL 11, 2025

Hotel tax, often referred to as occupancy tax, lodging tax, or tourism tax, is a fee imposed on guests staying at hotels , motels, or other lodging facilities. This revenue is forecast to increase to approximately $54.36 In some regions, hotel occupancy tax collections are showing remarkable growth. What Is Hotel Tax?

Occupancy 40

Occupancy Tourism Hotels Revenue 40

Hospitality Tech

JUNE 9, 2025

We believe that QSRs ability to drive efficient order flow with proper routing and timing, combined with Crunchtimes inventory forecasting and prep management–leveraging data insights across the entire restaurant workflow–will directly impact speed and quality of service for our customers."

Operations 52

Operations ROI Branding Management 52

Hospitality Tech

JUNE 9, 2025

We believe that QSRs ability to drive efficient order flow with proper routing and timing, combined with Crunchtimes inventory forecasting and prep management–leveraging data insights across the entire restaurant workflow–will directly impact speed and quality of service for our customers."

Operations 52

Operations ROI Branding Management 52

Hospitality Tech

JUNE 9, 2025

We believe that QSRs ability to drive efficient order flow with proper routing and timing, combined with Crunchtimes inventory forecasting and prep management–leveraging data insights across the entire restaurant workflow–will directly impact speed and quality of service for our customers."

Operations 52

Operations ROI Branding Management 52

Hotelogix

APRIL 24, 2025

For hoteliers, this translates to more room-nights, improved occupancy during off-peak periods, and reduced reliance on OTAs. Offer options like spa vouchers, dining discounts, concert tickets, or even third-party gift cards. During off-season periods, a targeted loyalty push can help maintain baseline occupancy. A: Absolutely.

OTA 52

OTA Upsell Hotels Target Marketing 52

Hotelogix

MARCH 6, 2025

Imagine a chatbot that remembers a guest's preference for hypoallergenic pillows and automatically requests them for their next stay, or one that can suggest restaurants based on a guest's dietary restrictions and past dining choices. Predictive Analytics: Hotels are now anticipating guest needs with uncanny accuracy.

Hotels 52

Hotels Services Management Hospitality 52

Hotelier Magazine

SEPTEMBER 20, 2024

“Guest profile is certainly the biggest influencer to determine whether guests may enjoy in room dining,” says Kristi Grotsch, director of Food and Beverage, Four Seasons Hotel Toronto. Financial Forecasting “We maintain stock for most kitchen supplies. We’ve seen the growth of in-room dining, especially for dinner,” says Grotsch.

Services 90

Services Dining Forecasting Occupancy 90

Hotel Management

AUGUST 8, 2024

Just four months after its initial soft-opening, SO/ Maldives reached an occupancy of almost 60% in February, and expected average daily rates (ADR) in the region of US$750-$850 for 2024. Following the official launch of SO/ Maldives, this contribution is forecast to rise to 35% in 2024, with strong forward bookings.

Resorts 130

Resorts Average Daily Rate Retail Forecasting 130

SiteMinder

JUNE 12, 2024

This includes offering tailored packages, suggesting room upgrades, promoting in-house dining experiences, and even curating special entertainment events. Optimising Occupancy : Hotels have a fixed number of rooms, making it essential to ensure high occupancy rates. This strategy aims to ensure maximum occupancy.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

STAAH

APRIL 23, 2024

Interactive dashboards and visual representations make it easier for revenue managers to make data-driven decisions, identifying revenue trends, tracking performance metrics, and accurately forecasting future demand.

Revenue Management 111

Revenue Management Revenue Ancillary Revenue Management 111

Hotel Speak

MAY 30, 2024

These include: Increased number of kiosks and grab-and-go venues Reduced menu choices and operating hours of remaining F&B venues A drop in in-room dining and mini-bar usage Such is the change in guest expectation that the hotel industry’s cookie-cutter approach to F&B no longer cuts it.

Consumer 105

Consumer Forecasting Revenue ROI 105

SiteMinder

AUGUST 1, 2024

Key goals: State your main objectives, such as increasing occupancy rates, boosting revenue, or expanding your hotel chain. Hotel facilities and amenities: Detail your hotel’s facilities and amenities, including the number of rooms, room types, dining options, meeting rooms, and leisure activities.

Business 95

Business Revenue Hotels Occupancy 95

Inn Quest

MAY 11, 2023

By drawing in more visitors, raising occupancy rates and enhancing profitability, a thoughtful pricing strategy can help hotels maximize their revenue. Even if occupancy rates do not rise, this can help hotels raise their profit margins. A Rise in Profitability: Effective pricing strategies can also boost a hotel’s profitability.

Revenue 88

Revenue Occupancy Hotels Market 88

Inn Quest

SEPTEMBER 5, 2023

Additionally, accurate inventory data enables better forecasting, allowing hotels to plan purchases and staffing more effectively. Invest in a Revenue Management System (RMS): RMS software uses data analysis and algorithms to optimize room pricing based on demand, occupancy, market conditions, and competitor rates.

Management 87

Management Overbooking Revenue Hotels 87

eZee Absolute

SEPTEMBER 22, 2023

In this blog, we’ll break down the various hotel rate types, and how they can benefit your business and provide actionable strategies for you to maximize your revenue and occupancy. This diversity ensures that your hotel remains an attractive option for various guest segments , ultimately leading to increased occupancy.

Revenue 52

Revenue Management Occupancy Revenue Management 52

Hotel Speak

JULY 19, 2024

especially if your comp set is trending ahead on occupancy on the books. But what happens when you work in a market where there’s a more delicate balance of supply and demand where it’s difficult to forecast because the demand fluctuates very heavily? Your GM is going to ask “What’s going on?,” Sounds good, right?

Revenue 83

Revenue Management Revenue Management Average Daily Rate 83

Hotelogix

AUGUST 6, 2024

Utilize data analytics to forecast demand accurately and adjust prices in real-time. Creating attractive packages: Bundle services such as dining, spa treatments, and local tours into attractive packages. Targeted marketing campaigns: Run campaigns during off-peak periods to boost occupancy.

Revenue 52

Revenue Management Upsell Target Marketing 52

Hotelogix

FEBRUARY 28, 2025

” For Revenue Managers: Maximizing Profitability and Forecasting Demand Revenue managers play a critical role in pricing, occupancy, and financial forecasting. AI can provide data-driven insights to support these decisions.

General Manager 52

General Manager Hotels Forecasting Upsell 52

Catala Consulting

MAY 17, 2024

Revenue management is a crucial aspect of the hospitality industry, focusing on maximizing income through strategic pricing, inventory control, and demand forecasting. These frontline employees are instrumental in shaping the guest experience, impacting occupancy rates, and ultimately driving revenue.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

Cloudbeds

SEPTEMBER 12, 2024

By digging deep into booking history, room preferences, dining choices, preferred spa treatments, and spending habits, AI helps hotels create highly personalized marketing campaigns. Demand forecasting Traditionally, revenue management systems optimized rates by analyzing historical data and relying on predefined rules and manual adjustments.

Hospitality 52

Hospitality Revenue Management Hotels Forecasting 52

SiteMinder

AUGUST 1, 2024

Forecast demand using historical data and set automated rules to adjust availability based on occupancy rates and booking patterns. Use high-quality images: Invest in professional photography and showcase various aspects of your property, such as room interiors, dining areas, and event spaces.

Revenue 52

Revenue Yield Management Overbooking Management 52

Inn Quest

JUNE 8, 2023

Furthermore, by analyzing customer preferences and previous interactions, chatbots can make tailored recommendations for dining options, local attractions or even personalized offers, enhancing the customer experience. by identifying loyal customers, figuring out their preferred rewards and forecasting their future behaviour.

Hospitality 54

Hospitality Services Upsell Operations 54

Cloudbeds

JUNE 5, 2024

How your online reputation impacts pricing strategies Your online reputation has a significant impact on occupancy and profitability. This, in turn, leads to more visitors, conversions, and, finally, higher occupancy rates. without harming its occupancy rates. Demand-based pricing. Profit pricing.

Revenue Management 52

Revenue Management Revenue Occupancy Average Daily Rate 52

Hotel Business

JUNE 27, 2023

This approach helps balance revenue generation with occupancy rates, ultimately driving profitability. Package deals: Bundle parking with other hotel services, such as room stays, spa treatments or dining experiences. Segmentation: Offer different pricing tiers based on the length of stay, time of day and type of vehicle.

Revenue 59

Revenue Hotels KPI Revenue Management 59

Little Hotelier

SEPTEMBER 4, 2024

Win more domestic bookings easily with all-in-one software Use Little Hotelier’s smart features to do all the heavy lifting and boost your occupancy and revenue Learn more Why is domestic tourism important? They could be in and out within one day, or spend an extended amount of time depending on their purpose.

Tourism 98

Tourism Travel Business Marketing 98

Catala Consulting

NOVEMBER 18, 2023

Hotels used historical data and simple forecasting methods to set room rates, often focusing on short-term gains. This approach includes optimizing room rates and occupancy, but it goes much further. Dining options, from high-end restaurants to casual cafes, can attract both guests and non-guests.

Revenue Management 52

Revenue Management Revenue Management Hotels 52

Xotels

JULY 26, 2024

Use this data to forecast demand and adjust your prices accordingly. LEARN MORE CONTACT US LEARN MORE CONTACT US Real-World Example A hotel in a popular tourist destination noticed that their occupancy dropped significantly during the shoulder season. Do you have a smart thermostat that adjusts the temperature based on occupancy?

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

Xotels

JULY 26, 2024

Use this data to forecast demand and adjust your prices accordingly. LEARN MORE CONTACT US LEARN MORE CONTACT US Real-World Example A hotel in a popular tourist destination noticed that their occupancy dropped significantly during the shoulder season. Do you have a smart thermostat that adjusts the temperature based on occupancy?

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Xotels

JULY 26, 2024

Use this data to forecast demand and adjust your prices accordingly. LEARN MORE CONTACT US LEARN MORE CONTACT US Real-World Example A hotel in a popular tourist destination noticed that their occupancy dropped significantly during the shoulder season. Do you have a smart thermostat that adjusts the temperature based on occupancy?

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Hotelier Magazine

MARCH 11, 2024

This represents the recovery of the tourism sector from the pandemic, one year earlier than forecast. Occupancy rates have returned to pre-pandemic levels with ships largely at 95 per cent occupancy. billion by the end of 2023. million passengers estimated through the Port of Vancouver — a 54-per-cent increase over last year.

Tourism 52

Tourism Business Marketing Market 52

Travel Media Group

NOVEMBER 30, 2022

We forecast, we budget. And we, we didn’t have that figured out either, because leisure came back in 2021, just, you know, gangbusters completely threw our forecast out. It’s all wine and dine. Because that’s what we do. What was before 2020 was a different animal, right? They don’t do any of that stuff.

Hospitality 52

Hospitality Services Management Travel 52

Social Tables

DECEMBER 27, 2018

Meanwhile, late in 2018, CBRE forecasted that hotel supply would peak at 2% gain, stabilizing to 1.9 Respondents to the AMEX Meetings & Events Forecast predict that rise will equal about 2.41% in North America, while CWT expects an even higher hike of 3.7%. Last year, the Global Meetings Forecast predicted a 3.8%

Events 168

Events Business Scale Consumer 168

Xotels

MAY 30, 2025

I lived and breathed Average Daily Rate (ADR) and Occupancy. dining in our restaurant, using the meeting rooms, getting massages in the spa. Its about forecasting not just room demand, but F&B demand, spa demand, everything! For me, back in the day, yield management was my bread and butter. It was all about rooms.

Yield Management 52

Yield Management Revenue Management Revenue Management 52