Catala Consulting

JULY 30, 2023

In the fiercely competitive hospitality industry, the essence of successful resort revenue management lies in data-driven decision-making. This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. Why is Revenue Management Imperative for Resorts?

Revenue Management 52

Revenue Management Revenue Resorts Management 52

SiteMinder

AUGUST 29, 2023

What is ancillary revenue? Ancillary revenue is when you earn income from additional services or products offered at your hotel. By offering these added touches, you’re not just boosting your revenue; you’re creating memorable experiences that make your hotel stand out. Think of it as the cherry on top.

Ancillary Revenue 52

Ancillary Revenue Revenue Hotels Services 52

Hotel Business

MARCH 5, 2024

Travel sellers have access to enhanced data sharing and revenue management, while hotels benefit from enhanced customer experiences. Amadeus Value Hotels equips leisure travel sellers with a range of exclusive prepaid net rates and allows sellers to set their selling prices to optimize revenue.

Travel 72

Travel Upsell Revenue Revenue Management 72

Amadeus Hospitality

APRIL 23, 2024

In order to maximize revenue across the business, hoteliers should focus their budget on elevating the guest experience using advanced reservations, distribution, marketing, and data services. These assets can all be creatively worked into pricing and upselling strategies during the shop and book process.

Upsell 52

Upsell Global Distribution System Hotels Shopping 52

Intelity

MARCH 16, 2023

Personalized promotions go a long way when it comes to cross-selling, upselling, and retaining hotel guests We all know upselling and cross-selling tips are hot topics in the retail industry, but they’re also important factors when it comes to marketing to your hotel guests.

Upsell 67

Upsell Events Hotels Revenue 67

Amadeus Hospitality

MARCH 5, 2024

Travel sellers enjoy enhanced data sharing and revenue management, while hotels benefit from enhanced customer experiences. Additionally, Amadeus Value Hotels equips leisure travel sellers with a range of exclusive prepaid net rates and allows sellers to set their selling prices to optimize revenue.

Revenue 59

Revenue Upsell Travel Hotels 59

SiteMinder

MAY 2, 2024

Ideally situated at the heart of the thriving tourism hotspot, City Oasis offers spacious comfortable rooms equipped with a kitchenette, free WiFi, an award-winning lagoon style pool, tropical BBQ area, dine-in restaurant, and free access to the nearby gym and memorial baths. Our smart hotel platform helps you do exactly that.

Upsell 52

Upsell Small Business Revenue Dining 52

SiteMinder

OCTOBER 10, 2023

Discount pricing is a revenue management strategy where prices are lowered temporarily or for certain conditions to attract guests and boost occupancy rates. By understanding and employing discount pricing strategically, hotels can maximise revenue, improve guest satisfaction, and enhance their overall brand image.

Occupancy 59

Occupancy Events OTA Upsell 59

SiteMinder

SEPTEMBER 6, 2023

Providing upselling opportunities: Once a guest has booked a room, there are additional opportunities to upsell services such as dining or spa packages, thereby increasing overall revenue. Here are just five examples of hotel promotions you can run to increase occupancy and revenue when needed.

Hotels 105

Hotels Events Upsell Occupancy 105

Intelity

APRIL 18, 2023

Always Offer an Add-On Driving additional revenue while improving guest satisfaction is a win-win. Ask your staff to recommend your best bottle during their next dining interaction. Use this opportunity to personalize their stay while upselling to drive a little additional revenue to your property.

Upsell 82

Upsell Hotels Services Revenue 82

SiteMinder

SEPTEMBER 4, 2023

From exquisite rooms, amazing dining options, and fabulous event venues, Chatrium is truly a premium accommodation choice. After 12 years in operation, we recently spoke to Corporate Director for Revenue & Digital Distribution Pawarisa Hirantanes about the group’s journey and its satisfaction with SiteMinder as a technology partner.

Operations 98

Operations Revenue Hotels OTA 98

SiteMinder

SEPTEMBER 6, 2023

While they can be a wild card in the hotel management game, they offer a unique opportunity to maximise occupancy and revenue. Boosted revenue : Late bookings often come with higher price tags, capitalising on the urgency of the guest’s needs. An occupied room, even at a discounted rate, is better than an empty one.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

Intelity

JULY 11, 2023

Hotels that invest in delivering on consumer expectations will see an increase in brand loyalty, which leads to an increase in revenue. By implementing the right tech, hotels can impress guests, streamline operations, and drive non-room revenue.

Upsell 63

Upsell Hotels Shopping Consumer 63

SiteMinder

SEPTEMBER 6, 2023

Once a booking is made, automated emails kick in, confirming the reservation and even suggesting add-ons like room upgrades or dining options. The more you can funnel guests through your own website, the more you retain full control over the revenue and the guest experience. But it’s not just about the bottom line.

Hotels 98

Hotels Revenue Occupancy Services 98

SiteMinder

MAY 6, 2024

Boost revenue by reducing reliance on third-party channels and their associated commissions. The best booking engines help generate bookings, true, but they should also enable a seamless guest experience, optimising revenue, and streamlining operations. Enhance guest experience by offering a smooth and efficient booking process.

Motels 52

Motels Hotels Operations Upsell 52

Boutique Hotel News

NOVEMBER 2, 2022

Just like Netflix recommends programmes to watch, hotel upsells can now be driven by real-time data decisions. Online booking involving multiple departments is often impossible, forcing guests to contact the hotel or await a callback to add items such as golf, dining times or spa treatments.

Retail 52

Retail Shopping Services Consumer 52

SiteMinder

FEBRUARY 29, 2024

I have seen an increase in direct bookings, the revenue has increased, and it has reduced human error. Upselling and cross-selling : Techniques to promote hotel services and amenities, contributing to revenue growth. These courses delve into understanding customer needs, effective communication, and negotiation techniques.

Hospitality 52

Hospitality Services Hotels Events 52

Hotel Business

NOVEMBER 27, 2023

New revenue opportunities Delivering value is paramount as travelers demand more for their money, especially in a tight economy. Voice-enabled smart speakers allow hotel operators to upsell services to generate new revenue. Of course, hoteliers also have to manage expenses when everything from supplies to labor costs more.

Business 64

Business Services Operations Upsell 64

Hotel Operations

JULY 21, 2023

This episode is sponsored by MDO and their new report, Data-driven Strategies to Move Beyond Rooms Revenue. The availability of data has grown so much that today, hoteliers can look more holistically at all the revenue outlets across their property and determine which areas are contributing the most to the bottom line.

Resorts 52

Resorts Revenue Revenue Management Business 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. Through this method, AI can identify upselling opportunities by leveraging guest preferences and historical data.

Hospitality 54

Hospitality Upsell Services Operations 54

Hotelier Magazine

JANUARY 24, 2024

This allows a hotelier to] for instance, know what motivates guests to spend at the restaurant or, conversely, how to encourage locals dining at your restaurant to recommend your hotel to their friends. “A Keenan says he’s already able to track how much revenue is generated from certain email campaigns. “We

Business 59

Business Hospitality Email Marketing Management 59

Inn Quest

MAY 11, 2023

However, one of the biggest challenges hoteliers face is determining the right pricing strategies to maximize their revenue in the post-pandemic world. The question is, how can hoteliers implement effective pricing strategies to boost their revenue and stay ahead of the competition?

Revenue 88

Revenue Occupancy Hotels Market 88

SiteMinder

JANUARY 8, 2024

Hotel management made easy Streamline hotel management, boost revenue, and enhance guest experience with SiteMinder's smart platform. Quick service establishments engage in offering snack foods, whereas catering businesses and restaurants can lean towards a casual take-away experience or seated fine-dining.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

Hotel management made easy Streamline hotel management, boost revenue, and enhance guest experience with SiteMinder's smart platform. Quick service establishments engage in offering snack foods, whereas catering businesses and restaurants can lean towards a casual take-away experience or seated fine-dining.

Operations 52

Operations Management OTA Hotels 52

Little Hotelier

MARCH 20, 2023

Hotels can take the same approach to selling rooms, upselling guests, and selling extras. If the answer is “no” once more, then the chatbot could list a few options of what the user would like to talk about such as amenities, current offers or promotions, events, dining options, and more.

Hotels 64

Hotels Consumer Operations Services 64

Hotelier Magazine

MARCH 11, 2024

By Adam and Larry Mogelonsky The core revenue stream for every hotel brand will always be heads in beds. Not just as a reason to visit to feed the rooms-revenue ledger, the sheer broadness and flexibility of the term ‘wellness’ allows nearly any brand to play in the space.

Revenue 59

Revenue Upsell Branding Services 59

SiteMinder

NOVEMBER 14, 2023

Whether it’s breakfast in bed, a midday snack, or a late-night feast, room service means that guests can enjoy a seamless dining experience at the press of a button. In room dining: Beyond set meals, provide a 24/7 dining option where guests can order snacks, beverages, or meals at their convenience.

Services 59

Services Dining Hotels Revenue 59

Cloudbeds

FEBRUARY 28, 2024

The reservation system acts as the central hub of the reservation ecosystem, which may also include a website booking engine, channel manager, and revenue management system. When integrated, these modules work together to help hotels manage room availability, distribution, reservations, and revenue. Generate more revenue.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

Inn Quest

MARCH 1, 2023

Poor communication might result in negative ratings and lost revenue. If the guest uses live chat to ask about a booking or tariff, a delayed response could result in lost revenue. For instance, unique deals like hotel room upsell, or late checkouts can improve the stay while generating additional revenue.

Upsell 87

Upsell Services Revenue Management 87

SiteMinder

AUGUST 30, 2023

Here’s why they’re beneficial: Revenue diversification Hotel packages allow you to diversify your revenue streams by upselling various services and amenities. Whether it’s spa treatments, dining experiences, or exclusive tours, these packages encourage guests to spend more, boosting your overall revenue.

Hotels 98

Hotels Revenue Services Business 98

Hotel Business

NOVEMBER 15, 2022

Hotels can deliver better service with a fully mobile platform, robust automation, mobile guest check-in and automated upsells that drive ROI. With turnkey access to OTAs and travel agents, hotels can diversify their revenue, capture high-value bookings, increase occupancy and eliminate double bookings. Stayntouch 2.0 Stayntouch 2.0

Scale 52

Scale Upsell ROI Management 52

StayNTouch

NOVEMBER 16, 2022

Leveraging Technology to Drive More Bookings for Your Hotel By Justin DeRise The foundation of any hotel sales and revenue strategy lies in its distribution channels. A distribution channel is simply any forum or platform that a hotel uses to advertise and sell its rooms. Explore Our Guest-Centric Cloud PMS and Contactless Technology.

OTA 52

OTA Hotels Revenue Overbooking 52

Social Tables

DECEMBER 27, 2018

To avoid missing out on revenue, hotels and venues need to segment business intelligently and avoid falling into some of the pitfalls of traditional lead-scoring biases that hurt RFP management. Cultural interactions, local dining, experiential travel, and team-building activities are all in the mix. Click To Tweet.

Events 167

Events Business Scale Consumer 167