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Strategies to Manage Hotel Revenue & Increase Profit

Hotelogix

Train your staff to identify and capitalize on upselling opportunities. Increasing your Hotel's Market Share Growing your market share requires strategic marketing and distribution efforts. Strategic marketing and distribution: Optimize your presence across all distribution/sales channels.

Revenue 52
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HB on the Scene: Wyndham unveils new initiatives at conference

Hotel Business

Our Days Inn brand has improved from 110% to 120% in fair market share. Echo Suites by Wyndham is helping us enter new segments and markets. . “Whats driving our successin both good times and bad, whether revenues are rising or fallingis how well our brands are performing compared to the competition.

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The Access Group Expands in North America with Acquisition of Hotel Tech Specialist SHR Group

Hotel Speak

Its use of AI means the content guests see on direct booking sites is tailored to them, increasing relevance for customers and helping hoteliers maximize revenues through conversion, upselling, and cross-selling. Rod Jimenez, CEO SHR, added, “We are thrilled to announce that Access has acquired SHR.

Revenue 105
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Busting Today’s Hotel Distribution Myths

Hotel Speak

By leveraging a diverse array of distribution channels, hotels can tap into different market segments and geographical regions, increasing visibility to attract high value customers which unlocks opportunities for upsell, therefore increasing the revenue potential.

OTA 101
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Oracle to bring OPERA Cloud to 2K Wyndham hotels

Hotel Business

That includes helping us deliver new innovations to hotels such as room upselling, integrated revenue management and mobile housekeeping management, among others, all on a global scale.”

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The Access Group acquires SHR

Hotel Business

Its use of AI means the content guests see on direct booking sites is tailored to them, increasing relevance for customers and helping hoteliers maximize revenues through conversion, upselling and cross-selling, according to the company. This acquisition is a key milestone in our drive to grow our market share in the U.S.

Casinos 59
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Hotel Business Intelligence: Turn Data into Hotel Success

Hotelogix

This led to a 30% increase in guest satisfaction scores, a 50% rise in upsells and cross-sells, a 35% growth in repeat booking rates, and a 20% reduction in marketing costs. They put a hotel business intelligence system into action with advanced guest profiling and predictive analytics features.