Cloudbeds

NOVEMBER 15, 2024

For hotels, this includes making dynamic rate suggestions and identifying segments and offers for marketing campaigns. For inventory tracking, it factors in booking trends, event schedules, and even guest profiles to accurately predict supply usage and automate restocking orders at the right time.

Upsell 105

Upsell Occupancy Revenue Management Revenue 105

Cloudbeds

JANUARY 22, 2025

Calculating EBITDAR: Step-by-step Lets take the example of a hotel that last year generated total revenue (from rooms, F&B, events, and other ancillary sources) of $4,500,000. F&B or events), tap into new market segments such as corporate or family groups, and implement upselling/cross-selling.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

SiteMinder

JUNE 24, 2024

These tools are crucial for enhancing your strategic marketing efforts: Special offers and last-minute deals : Use these features to fill unsold rooms quickly. Tailoring these promotions to coincide with local events or seasonal trends can attract more bookings.

Hotels 52

Hotels Revenue Accommodation Travel 52

Cloudbeds

MARCH 15, 2023

Participate in events and tradeshows Connections are everything in the hospitality industry and can be vital in securing steady direct bookings via local tourism bureaus and other hospitality professionals. At these events, you’ll also learn valuable insights into industry trends which can help spark new ideas for your property.

OTA 98

OTA Sales Revenue Hotels 98

MediaBoom

MARCH 14, 2024

It’s important to stay current on the latest industry trends , including what’s happening in your local market. This can be done as well as national and global events that affect travel demand. One way is by customizing meeting and event spaces so that they appeal to specific audiences like women or young professionals.

Digital Marketing 85

Digital Marketing Services Marketing Market 85

Cloudbeds

OCTOBER 17, 2024

Dedicated groups & events page A simple way to secure more group business is to add a groups & events page to your website, where you can outline your USP and explain why you’re a great fit for certain groups. Although additional services may come with a fee, being added to hotel listings is typically free of charge.

OTA 76

OTA Occupancy Hotels Revenue 76

MediaBoom

APRIL 11, 2024

Why Email Marketing is Essential for Elevating Your Luxury Brand Despite frequent speculations about luxury brand email marketing being “dead” or declining, the actual numbers reveal a different story. Are events effective for building luxury brand email lists?

Email Marketing 52

Email Marketing Branding Marketing Market 52