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Hotel Budget Plan: Are you Ready for 2023?

Xotels

Get a clear overview of what drove revenues each day. Perform displacement calculations on all segments, channels, and accounts to uncover hidden revenue potential. Hotels in vacation markets for many have been influenced (indoctrinated) by tour operators on how to manage their property. Hold on, it gets even funnier.

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What is the Best Strategy for Reducing Hotel Operating Costs

Catala Consulting

Table of Contents Having an outstanding customer experience and increasing revenue are the goals of every hotel owner. We wouldn’t advise eliminating or downsizing your marketing budget, as this can be disastrous. But many hoteliers (both small and large) struggle with high operating costs.

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You’ve Renovated Your Hotels, Done PIPs; Now, Is It Time to Upgrade Your Hotel Accounting Software?

MBA Hotels

your hotels will, over time, lose market share to competitors who are reinvesting in modern designs and technology. As you consider your decision, you need to look beyond the initial cost of licensing and implementation to the impact on operating revenues and expenses; to the total return on investment in a modern technology.

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Top 10 Luxury Watch Brands with Successful Marketing in 2023

MediaBoom

A notable fact that underscores their enduring fascination is this: the luxury watch market, a world unto itself, boasts a staggering valuation of $6 billion worldwide. Within this exclusive realm, one name reigns supreme — Rolex, a timeless icon that commands a quarter of the total global luxury market share.

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Hotel Marketing Plan & Strategies for 2022 & 2023

Xotels

With a market share of over 90% , Google is, by far, the search engine to observe. Some properties might want to increase their awareness by using OTA’s billboard effects, while others may want to focus on reducing cost-per-acquisition and increasing their direct revenue. Pick the right CMS for you. Bunk Hotel Amsterdam.

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Last-Minute Labor Day Travel: Social Media Marketing Tips to Capture Consumer Attention

BCV

This creative way of upselling could begin unlocking average booking value while also capturing greater market share. Employing return marketing tactics such as email communications and loyalty programs is important to help last-minute revenue turn into larger brand advocacy and potential future bookings.

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How Google Hotel Ads is Penetrating the Hotel Distribution Vertical, and the Opportunity this Presents for Hotels

Xotels

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.

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