Hotel Speak

JANUARY 28, 2025

Single-solution platforms harness AI to: Analyze booking trends and forecast demand. Identify upselling opportunities to boost revenue. Adopting AI and Automation The future of hospitality lies in AI-driven tools that automate routine tasks and provide predictive insights. Automate housekeeping schedules and room assignments.

Management 93

Management Hospitality Revenue Management Revenue 93

Xotels

MARCH 3, 2025

These tools use data-driven insights, automation, and forecasting to ensure youre charging the right price at the right time. Heres why it works: Expert strategies: Revenue specialists continuously optimize pricing, distribution, and demand forecasting. Cost savings: No need to hire a full-time revenue manager.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Hotel Management

JULY 2, 2024

Demand forecasting, rate negotiations, inventory management – stay with us – competitor analysis and pricing strategy can leave even the most seasoned hotelier feeling a little fatigued. It’s a more holistic approach that captures more touchpoints like upselling – pre-stay and at your property – and F&B.

Revenue Management 130

Revenue Management Revenue Management Hospitality 130

Hospitality Today

JUNE 11, 2025

Key takeaways AI is ubiquitous: AI is now integrated across nearly all hotel tech categories, powering personalization, upselling, and predictive analytics. Upselling is core to revenue strategy: Upselling tools are no longer optional—they’re essential, helping hotels maximize revenue from existing guests. Olympics 2028.

Hospitality 40

Hospitality Upsell Revenue Forecasting 40

Hotel Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Memorable experiences outweigh rising inflation.

Occupancy 115

Occupancy Ancillary Revenue Upsell Revenue 115

STAAH

MAY 16, 2023

3) Forecasting Forecasting is the lifeblood of revenue management. Forecasting in revenue management relies on setting prices based on what you expect the demand to be. You’ve captured the client; upselling helps grow the revenue from them. It’s a way to look into the future with the objective of enhancing the future.

Revenue Management 98

Revenue Management Occupancy Upsell Rack Rate 98

SiteMinder

JUNE 5, 2025

Some RMSs feature forecasting tools that predict future booking trends and optimise your inventory well ahead of time. Upselling and cross-selling Commercial hotel sales strategies should also consider how to maximise the value of every guest, most notably by identifying opportunities to upsell and cross-sell.

Hotels 52

Hotels Revenue Management Revenue Upsell 52

STAAH

DECEMBER 12, 2023

During peak holiday periods, consider adopting a revenue management system that factors in various parameters such as historical booking data, competitor pricing, local events, and even weather forecasts. This not only adds value for guests but also allows hotels to upsell services and capture diverse customer preferences.

Target Marketing 103

Target Marketing Cancellation Forecasting Revenue 103

A Sales Guy

MARCH 6, 2012

” I talked about how so few companies measure forecasting accuracy and why that is a mistake. How well a sales person upsells or bundles additional products and services. A while back I wrote about the “ Forgotten Metric. In this post, I’m going to talk about another missed metric. It’s the average deal size.

Sales 90

Sales Upsell Closing Forecasting 90

STAAH

APRIL 29, 2025

The first-party data you collect powers smarter remarketing, personalized upsells, and loyalty programs a long-term revenue play. Identify high-performing channels, forecast demand, monitor acquisition cost per booking, and refine your strategy in real time.

Revenue 84

Revenue Management OTA Average Daily Rate 84

SiteMinder

JUNE 26, 2024

Included in this will be key metrics, forecasting models, and trending insights. Improved forecasting: Revenue optimization involves analyzing data on past booking trends, competitor pricing, and market conditions. This allows hotels to forecast future demand and adjust their pricing strategies accordingly.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

Hospitality Tech

JUNE 15, 2025

With the integration of actual data from PVNG, blended forecasts are available throughout the year to manage against budgets, identify trends and track the specific data needed to make changes to your plan. Clap resides in Connecticut with his wife and has two adult children.

Forecasting 52

Forecasting Services Operations Ancillary Revenue 52

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 110

Revenue Management Revenue Ancillary Revenue Management 110

AskSuite

JUNE 9, 2025

This enables instant alerts on drops in conversion rates, underperforming channels, or missed upsell opportunities. This leads to better resource allocation and more accurate forecasts for demand, occupancy, and staffing. sending arrival instructions two days prior to check-in) Booking channel (e.g.,

Operations 52

Operations Hospitality Upsell Sales 52

AskSuite

JUNE 9, 2025

This enables instant alerts on drops in conversion rates, underperforming channels, or missed upsell opportunities. This leads to better resource allocation and more accurate forecasts for demand, occupancy, and staffing. sending arrival instructions two days prior to check-in) Booking channel (e.g.,

Operations 52

Operations Hospitality Upsell Sales 52

Hospitality Tech

JUNE 15, 2025

With the integration of actual data from PVNG, blended forecasts are available throughout the year to manage against budgets, identify trends and track the specific data needed to make changes to your plan. Clap resides in Connecticut with his wife and has two adult children.

Forecasting 52

Forecasting Hotels Services Operations 52

SiteMinder

JUNE 12, 2024

Learn more Yield management vs revenue management The goal of yield management is not merely to increase room rates or occupancy; rather, it’s to maximise your hotel’s revenue by forecasting your room supply and demand across a variety of key factors. This strategy aids in forecasting demand and resource planning.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Hospitality Today

JUNE 11, 2025

Tech gaps hold hotels back Outdated hotel systems limit the ability to cross-sell or upsell non-room offerings. hotel forecast - Second-quarter slowdown and macroeconomic headwinds weigh on RevPAR outlook, with modest recovery expected in the second half of the year. Jun 12, 2025 • Hospitality PwC downgrades 2025 U.S.

Ancillary Revenue 40

Ancillary Revenue Consumer Hotels Upsell 40

Hotel Speak

MAY 30, 2024

F&B management has traditionally worked to patterns such as time of day or seasonality, using forecasts to predict and manage costs. More intelligent forecasting and cost control, enabled by technology, is able to help hotels more effectively respond to market changes. Some of these are harder than others to prevent.

Consumer 105

Consumer Forecasting Revenue ROI 105

Hospitality Tech

JUNE 16, 2025

“From personalized upselling and loyalty programs to efficient events management and diverse partner integrations, OPERA Cloud and its embedded AI workflows empower hoteliers to optimize their operations, delight guests, and ultimately thrive in a competitive market.

Upsell 52

Upsell Services Operations Scale 52

Hotelogix

DECEMBER 19, 2024

Picture a system that displays your hotel's current status and forecasts its future. Predictive Analytics Advanced hotel business intelligence software also has the ability to forecast future trends. Forecasting: Guessing how full the hotel will be and how much money it could make.

Business 40

Business Hotels Forecasting Revenue 40

Hotel Business

JUNE 21, 2024

Our forecast for all hotels reflects some slowdown in the second half of 2024. However, many operators tend to only forecast out the next three months and likely have not made any significant changes to the forecast for Q4, so we remain cautiously optimistic and continue to dive into the projected performance and adjust accordingly.

Management 59

Management Forecasting Upsell Business 59

Hospitality Tech

JUNE 16, 2025

“From personalized upselling and loyalty programs to efficient events management and diverse partner integrations, OPERA Cloud and its embedded AI workflows empower hoteliers to optimize their operations, delight guests, and ultimately thrive in a competitive market.

Management 52

Management Upsell Services Operations 52

SiteMinder

JULY 13, 2024

Without it, your business is essentially forfeiting the ability to boost bookings, revenue and profit, offer competitive rates and promotions, and forecast effectively. Forecasting Forecasting involves predicting future demand for rooms. We’ll talk more about forecasting and analysis later. Revenue management strategy 3.

Revenue Management 98

Revenue Management Revenue Management OTA 98

Hospitality Tech

JUNE 30, 2025

Real-Time Reporting & Forecasting: Access performance metrics and demand forecasts up to 365 days out. By embedding this capability directly into the Visual Matrix PMS, hotel teams can now operate smarter, faster, and with the confidence that every interaction meets today’s demand for immediacy and personalization.

Scale 52

Scale OTA Services Operations 52

Hospitality Tech

JUNE 16, 2025

“From personalized upselling and loyalty programs to efficient events management and diverse partner integrations, OPERA Cloud and its embedded AI workflows empower hoteliers to optimize their operations, delight guests, and ultimately thrive in a competitive market.

Operations 52

Operations Upsell Services Scale 52

Hotelogix

APRIL 24, 2025

Simplifies Targeted Marketing and Upselling Loyalty program data helps you segment your audience effectively—by stay frequency, spend level, preferences, and location. Smart upselling becomes effortless when you know exactly what your loyal guests value. Q4: How should loyalty data be used?

OTA 52

OTA Upsell Hotels Target Marketing 52

Hospitality Tech

JUNE 30, 2025

Real-Time Reporting & Forecasting: Access performance metrics and demand forecasts up to 365 days out. Flexible Automation: Use Autopilot to apply pricing recommendations automatically or retain manual control when needed. Predefined Segmentation: Leverage preloaded guest segments for faster setup and dynamic pricing.

Services 52

Services Scale Hotels OTA 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. Upselling and Cross-Selling Opportunities Effective Upselling Techniques Reception staff are in a prime position to upsell additional services and room upgrades.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

Hotelogix

AUGUST 6, 2024

Utilize data analytics to forecast demand accurately and adjust prices in real-time. Train your staff to identify and capitalize on upselling opportunities. Enhancing Average Booking Value Increasing the average booking value requires effective upselling and promoting longer stays. Read Also: What is Dynamic Pricing in Hotels?

Revenue 52

Revenue Management Upsell Target Marketing 52

TravelNet

JUNE 3, 2025

For now, its a tool that amplifies your strategy.

Upsell 59

Upsell Operations Revenue Forecasting 59

Hotelogix

FEBRUARY 27, 2025

Double bookings , incorrect charges, and missed upsell opportunities can result in revenue loss and negative guest reviews. By tracking occupancy trends, revenue forecasts, and guest preferences, hotels can fine-tune their marketing strategies and improve personalized guest experiences. Manual processes lead to costly errors.

Operations 40

Operations Services Hotels Revenue 40

Hotel Business

SEPTEMBER 15, 2023

For an effective pricing strategy, you should look to determine your offerings, including: Variety of rates Discounts Your loyalty program offerings Upsell opportunities Slow periods are an excellent time to understand price fences such as advanced purchase, deposit or cancellation policies, as these can be flexed over time.

Revenue Management 64

Revenue Management Revenue Management Forecasting 64

Xotels

APRIL 3, 2024

Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

STAAH

MAY 27, 2025

In hospitality, every dollar earned reflects smart planning, sharp forecasting, and responsive pricing, all driven by the Hotel Revenue Manager. STAAH Tip: STAAH SwiftBook is designed for conversion from promo code support to upsell features, it helps you drive more direct bookings. Revenue is never accidental.

Revenue Management 71

Revenue Management Revenue Management OTA 71

Hotel Speak

AUGUST 9, 2023

It is a holistic endeavour that involves a toolkit of methodologies such as market analysis, demand forecasting, dynamic pricing, personalized segmentation, distribution channel optimization, length-of-stay considerations, upselling, cross-selling, and seamless technological integration.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

Travelboom Marketing

MAY 24, 2024

When a lower demand is forecast, deploying special promotions encourages bookings and evens out revenue. Revenue Management Technology These days, basic forecasting spreadsheets have been replaced by complex hotel revenue management programs capable of analyzing data, identifying trends, and automating tasks.

Revenue Management 52

Revenue Management Revenue Management Cost Per Click 52