Xotels

JULY 26, 2024

Youve got a hotel, right? Well, buckle up, because Im about to spill the beans on how to squeeze every last penny out of your hotel venture. Were going to get down and dirty with the real-world strategies that we have actually seen working as a revenue management consulting company. What is Yield Management, Really?

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Xotels

JULY 26, 2024

You’ve got a hotel, right? Well, buckle up, because I’m about to spill the beans on how to squeeze every last penny out of your hotel venture. So, grab a cup of coffee, get comfortable, and let’s dive into the nitty-gritty of how to make your hotel a money-making machine. What is Yield Management, Really?

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

Cloudbeds

FEBRUARY 28, 2024

When travelers make a hotel reservation, they expect a seamless experience , or they may decide to stay elsewhere. For hotels, meeting this expectation means moving away from manual processes and investing in booking software that allows travelers to book a room when they want on the channel of their choice.

Revenue Management 98

Revenue Management Hotels Revenue Operations 98

SiteMinder

APRIL 25, 2024

With every passing year, revenue management is playing a more central role at hotels as they navigate a landscape now locked in a permanent state of change. The exact genesis of yield management (now revenue management) in the hospitality sector is hotly debated,” says Stuart-Hill.

Revenue Management 111

Revenue Management Revenue Management Hotels 111

Hotelogix

AUGUST 27, 2024

While this offers new opportunities for your hotel, it also challenges you to cut distribution costs while expanding your brand in a highly competitive market. This means using a mix of online and offline channels, like Online Travel Agents (OTAs), meta-search engines, direct bookings, reviews, Global Distribution Systems (GDS), and more.

Global Distribution System 52

Global Distribution System OTA Revenue Cost Per Click 52

Xotels

MARCH 3, 2025

Let’s be honestrunning a hotel while managing its revenue at the same time is a balancing act. From making sure staff, guests, and smooth operations are all attended to, we can understand why revenue management so frequently gets put on the back burners. What Are Revenue Management Tools?

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. Whether you run an independent hotel, B&B, vacation rentals, or hostel, it’s critical to get your inventory in front of potential guests at all times. How does a channel manager work?

Management 76

Management OTA Cancellation Overbooking 76

Horizon Hospitality

JULY 10, 2024

In the competitive world of hospitality, one of the most critical challenges of hotel professionals is balancing room rates with occupancy levels. Dynamic pricing, or yield management, involves adjusting room rates in real-time based on supply and demand, with the ultimate goal being to increase the Revenue Per Available Room ( RevPAR ).

Occupancy 52

Occupancy Revenue Yield Management Forecasting 52

Xotels

AUGUST 9, 2021

Google is taking the hotel industry by storm to gain market share and grow their advertising revenues. We will take a look at how Google is penetrating the hotel distribution vertical with Google Hotel Ads, and what opportunities this gives in terms of hotel revenue management and marketing.

Market Share 52

Market Share Hotels Cancellation OTA 52

Xotels

DECEMBER 12, 2024

Have you ever wondered what makes a hotels distribution strategy truly effective? Hotel distribution isnt just about listing your rooms on a few booking sites and hoping for the best. So, in this article, Ill walk you through everything you need to know about hotel distribution channels. What Are Hotel Distribution Channels?

OTA 40

OTA Global Distribution System Revenue Revenue Management 40

SiteMinder

DECEMBER 20, 2023

ThinkReservations styles itself as an all-in-one property management solution built to streamline hotel businesses. Between the ThinkReservations booking system, PMS and channel manager, this ecosystem of tools promises to save time and increase bookings. But is it the ideal solution for hotel businesses?

OTA 59

OTA Management Yield Management Business 59

Xotels

APRIL 3, 2024

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

SiteMinder

JUNE 5, 2025

What is hotel construction? Hotel construction refers to the process of designing, planning, financing , and building new hotel properties, or significantly renovating existing ones. Table of contents Why does hotel construction cost so much? A big part of the cost comes down to what type of hotel you’re building.

Construction 52

Construction Management Hotels Operations 52

MediaBoom

AUGUST 1, 2024

Alternatively, you might try yield management, which is also flexible. Under a yield management model, competition and demand influence pricing. OTAs take some of the burden off you but you won’t get the entire cut of the profits. You can’t save hotel rooms or flight seats for later.

Tourism 105

Tourism Marketing Market Hospitality 105

Hotelogix

JANUARY 29, 2025

Hold onto your room keys—2025 is the year hotels go high-tech! In this article, discover 12 game-changing tech tools transforming hotels into smart, guest-focused havens. That’s the magic of smart hotel tech ! It's as if you carry your hotel in your pocket! Ready to future-proof your property?

Management 58

Management Hospitality Hotels Services 58

eZee Absolute

OCTOBER 11, 2023

Foremost among these challenges was the absence of an integrated booking system and hotel management system. This advanced channel manager enabled the resort to efficiently distribute its inventory across multiple OTAs, ensuring maximum exposure.

Resorts 52

Resorts Management Sales Yield Management 52

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

SiteMinder

NOVEMBER 14, 2023

The Hostelworld inbox is a communication hub within the Hostelworld (a popular hotel room distribution channel ) extranet platform, designed to facilitate seamless interactions between hoteliers and potential guests. Use this data to continually refine your communication strategy and improve your yield management methodology.

Revenue 52

Revenue Management Yield Management Overbooking 52

Catala Consulting

JULY 30, 2023

Resort revenue management has become an indispensable tool for businesses, fostering strategies that maximize yield and build strong customer relationships. The Cornerstones of Resort Revenue Management Resort revenue management , interchangeably used with yield management, revolves around a strategic pricing approach.

Revenue Management 52

Revenue Management Revenue Resorts Management 52

SiteMinder

NOVEMBER 24, 2023

SiteMinder reviews are widely available on HotelTechReport (HTR), the global authority on hotel technology solutions. Trusted by industry professionals, HTR serves as a centralised hub for verified reviews, ratings, and in-depth reports which aid hoteliers in making informed decisions about technology adoption for enhanced hotel management.

Revenue 52

Revenue Revenue Management Management General Manager 52

Xotels

MAY 30, 2024

Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. I have been in hotel revenue management consulting since 2006, and it is a question that keeps coming back. How can I make more profit with my hotel?’ Article Summary: Which is it? Occupancy or ADR?

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

SiteMinder

MAY 14, 2023

In the hotel, guests will enjoy an 18-hole Jack Nicklaus-designed golf course as well as a natural lifestyle. ” Thus, the brand implemented SiteMinder’s channel manager, starting with Kirimaya Golf Resort Spa Hotel and gradually expanding to the other properties.

Sales 97

Sales Revenue Yield Management Occupancy 97

Hotelogix

MAY 9, 2025

What is Yield Management and Why It Matters for Hoteliers Yield management is a core revenue strategy in hospitality that enables hotels to adjust room rates based on real-time demand, booking pace, and occupancy forecasts. Yield management ensures you're not leaving money on the table.

Yield Management 40

Yield Management Management Occupancy Forecasting 40