This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In the 2024 Global Meetings & Events Forecast by American Express Global Business Travel , 78% aim for a net zero footprint by 2024, which is influencing venue selections. Download HotelSales Stars: The Ultimate Strategy Playbook now and discover how to win more business, both now and in the future!
Master your hotel commercial strategy with SiteMinder Give your team the tools they need to successfully deploy your hotel commercial strategy with SiteMinder’s revenue-driving platform. 6 tips for a successful commercial hotelsales strategy How do you create, implement and optimise a successful hotel commercial strategy?
In an industry where relationships drive revenue and speed wins deals, todays hotelsales managers arent just competing with other propertiestheyre competing with time. 70% of TimeGone to Admin According to Salesforces latest State of Sales report , sales professionals spend just 30% of their time actually selling.
JLL’s Hotels & Hospitality Group has released its annual Global Hotel Investment Outlook , forecasting a 15% to 25% increase in global hotel investment volume compared to 2024. Through November, global hotel demand reached 4.8 Peek, president, Americas, JLL Hotels & Hospitality Group.
This podcast provides valuable industry forecasts, helping hoteliers anticipate changes in traveler behavior and technological advancements. HotelSales Tactics: Boosting Revenue and Bookings Slick Talk | The Hospitality Podcast Host: Wil Slickers Explores all aspects of hospitality, including sales strategies and revenue optimization.
This means hotels unifying every revenue stream, not only rooms. By consolidating leads into a single workflow, MeetingBroker helps hotelsales teams respond faster, reduce missed opportunities, and convert more business. One that puts revenue and profit front and center,â said David Woolenberg, CEO at Duetto.
The HSMAI Foundation Special Report: The State of HotelSales, Marketing, and Revenue Optimization Talent 2023-2024, , offers a roadmap for navigating these changes. This year's report is more than findings and forecasts. The hospitality industry is continually reshaped by transformative trends and innovations.
What is hotelsales software? Hotelsales software is a specialised tool designed for the hospitality industry to manage and optimise sales activities. Manage your hotelsales with the best software in the market Use Little Hotelier’s revenue management features to manage your hotelsales and boost hotel bookings.
To RevenueStrategy360™ , we added a first of its kind market forecasting model. The algorithm calculates historical actuals, pacing, and forward-looking booking data from Demand360 to produce a highly accurate look at short term hotel demand at the market level.
Revenue managers, leveraging artificial intelligence (AI) and machine learning (ML) combine external data like market demand and competitor activity with internal data like historical performance and future demand to guide dynamic pricing decisions, inventory controls, promotions, and demand forecasting. Revenue management KPIs.
Consistent conversion rates allow you to better forecast occupancy and manage revenue strategies more effectively, leading to a healthier financial position for your hotel. But with so much data available when analysing your hotel’s website statistics, it’s easy to focus too much on just conversion rates and hotelsales figures.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content