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

Little Hotelier

FEBRUARY 25, 2024

What is revenue management consulting? Revenue management consulting is specialised expertise that a business can bring in to gain guidance on managing and optimising revenue. An investment in hotel revenue management services is therefore one that can quickly deliver an attributable return.

Revenue Management 52

Revenue Management Revenue Services Management 52

Catala Consulting

JANUARY 18, 2024

In the dynamic world of hospitality, the UK market stands out as a beacon of innovation and adaptation, particularly in the realm of hotel revenue management. This trend enables more accurate forecasting, dynamic pricing, and personalized marketing strategies, significantly enhancing revenue potential.

Revenue Management 52

Revenue Management Revenue Management Marketing 52

STAAH

JANUARY 16, 2024

In this blog, we share some simple tactics and ideas that can boost your hotel’s revenue. There is no set formula to increase a hotel’s revenue, it can be achieved by creating a good promotion plan, tapping into sources of ancillary revenue , upselling and other marketing strategies.

Revenue 105

Revenue Ancillary Revenue Revenue Management Hotels 105

MEWS

JULY 11, 2023

A question on every hotelier's mind: how to generate more revenue in a hotel. While there's no tried and tested solution, it can be achieved by creating a good promotion plan, tapping into sources of ancillary revenue, upselling, and other marketing strategies.

Ancillary Revenue 52

Ancillary Revenue Revenue Upsell Marketing Strategy 52

STAAH

NOVEMBER 15, 2022

From the accurate representation of preferred OTAs via a channel manager to an easy-to-use and secure website booking engine data collection, revenue management and online review management , anything that gets you a step closer to making the guest experience better , is a must-have for modern hoteliers.

Hospitality 98

Hospitality OTA Travel Cancellation 98

Hotelogix

AUGUST 6, 2024

This shift requires a comprehensive approach integrating cost control, strategic marketing, and top-notch guest services. Here's a detailed guide on transforming your hotel's revenue management to focus on profit maximization. Dynamic pricing strategies: Move beyond static pricing and adopt dynamic pricing for rooms.

Revenue 52

Revenue Management Upsell Target Marketing 52

Cloudbeds

AUGUST 12, 2024

For example, if your RMS (revenue management system) is not integrated with your PMS, you may find yourself manually updating room rates, negating the efficiency gains these technology solutions are meant to provide. With a mass influx of point solutions targeted at solving specific problems (ie., Learn more 8.

Hotels 98

Hotels Revenue Management Operations Revenue 98

Xotels

JULY 26, 2024

As someone who spent his fair share of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. The Power of Experts Yield management can be complex, but you don’t have to go at it alone.

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

Amadeus Hospitality

JUNE 9, 2023

Katie Moro, VP Data Partnerships, BI & Data Products will speak at the co-located HSMAI ROC conference , on a panel addressing Evolving Consumer Segments: Insights for Revenue Management on Wednesday, June 28 at 10:30 am. Schedule a meeting with us at HITEC here. Schedule a time to meet with us here.

Travel 98

Travel Hospitality Events Business 98

AskSuite

JULY 20, 2023

It begins with laying out realistic targets, then on-point upselling and cross-selling, culminating in the art of tailoring unique sales alternatives. Regularly gauging these goals offers an opportunity to fine-tune your strategies and correct course when needed. This can give your sales team the edge you’re looking for.

Management 52

Management Business Marketing Strategy Upsell 52

STAAH

NOVEMBER 22, 2022

The core of a good hotel marketing strategy is to promote the right product in the right place , at the right price , and at the right time to the right audience. A planned approach to marketing helps you to set clear objective s. Let’s apply them now in your hotel marketing strategy: 1. Find out more here.

Hotel Marketing 97

Hotel Marketing Marketing Market Hotels 97

Xotels

JULY 26, 2024

As someone who spent his fair share of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. The Power of Experts Yield management can be complex, but you don’t have to go at it alone.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

SiteMinder

SEPTEMBER 10, 2024

CPOR can be influenced by a number of factors and can often be a representation of how effective your revenue management and marketing strategies are. Inventory management: Take steps to ensure you aren’t overordering or wasting stock and supplies. What are variable costs per occupied room?

Revenue 52

Revenue Revenue Management Occupancy Hotels 52

Xotels

JULY 26, 2024

Were going to get down and dirty with the real-world strategies that we have actually seen working as a revenue management consulting company. Don’t Forget About Upselling: Train your staff to upsell guests to higher room categories or add-on services. Consider hiring a revenue management consultant instead.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Amadeus Hospitality

AUGUST 24, 2023

Power revenue and marketing strategies with forward-looking data It’s a competitive world out there, but having access to the latest business intelligence solutions enables hoteliers to identify booking trends, optimize rate strategy, and track forward-looking market insights.

Travel 52

Travel Average Daily Rate Marketing Strategy Sales 52

Cloudbeds

SEPTEMBER 18, 2024

This data can then be used to make changes to improve revenue management, occupancy, guest experience, and operational efficiency. It can also be used as part of your marketing strategies to highlight the features guests love in hotel marketing campaigns. Revenue management KPIs.

Operations 40

Operations Revenue Management Occupancy Revenue 40

Cloudbeds

DECEMBER 17, 2024

8 key components of guest profiles Guest profiles must be easily accessible and provide all of the necessary information to support your front desk, marketing, guest experience, and revenue management teams. Marketing and communication preferences Ensure you communicate with your guests via their preferred channels (i.e.

Marketing 40

Marketing Market Upsell Revenue 40

Hotel Speak

MAY 9, 2023

Reinvent your Marketing Strategy Hotels can reinvent their marketing strategy by adopting a data-first approach and building sophisticated tools to make better-informed decisions. Upselling and cross-selling: track guest preferences and booking history, allowing hotels to offer personalised upsell and cross-sell offers.

Hotels 59

Hotels Upsell Revenue Marketing 59

Cloudbeds

SEPTEMBER 12, 2024

This not only enhances the guest experience but also creates opportunities for upselling and cross-selling. Learn more Marketing Marketing is one of the departments that AI has had the greatest effect on, as it has enabled more personalized, efficient, and data-driven marketing strategies for hotels.

Hospitality 52

Hospitality Revenue Management Hotels Forecasting 52

eZee Absolute

JANUARY 26, 2023

You must have a great sense of the current market and ongoing trends in price modulation to do so. Pricing Strategies to Optimize Your Hotel Revenue Hotel revenue management is a tricky affair and there’s no single magic formula to optimize it. Because it helps in upselling your services.

Revenue 52

Revenue Market Penetration Revenue Management Services 52

Travelboom Marketing

JUNE 10, 2024

Profit Optimization in Performance Max Campaigns Google’s latest updates to Performance Max Campaigns may cause any hotelier to rethink their PPC bidding strategy. The new profit optimization goals within PMAX allow advertisers to focus on their return on investment (ROI) rather than only revenue.

Cost Per Click 52

Cost Per Click Small Business Marketing Market 52

SiteMinder

NOVEMBER 20, 2023

Eviivo’s channel manager software focuses on synchronising rates, content, and availability. SiteMinder does all this and more, integrating marketing strategies, guest experience enhancements, and efficient payment systems into its revenue-boosting tools. However, SiteMinder takes a more holistic approach.

OTA 59

OTA Revenue Management Overbooking 59

SiteMinder

JANUARY 8, 2024

Table of contents The importance of hotel management The purpose of managing a hotel is to successfully establish a constant flow of travellers and guests to your property throughout the year, while also showcasing the wide variety of services and products.

Operations 59

Operations Management OTA Hotels 59

Cloudbeds

JANUARY 10, 2025

And yet, many hotels overlook metasearch in their digital marketing strategy , missing out on opportunities to reach a broader segment of travelers, compete for business with online travel agencies (OTAs), and drive direct bookings. Upsell and cross-sell.

Cost Per Click 52

Cost Per Click Marketing Market OTA 52

SiteMinder

JANUARY 8, 2024

Table of contents The importance of hotel management The purpose of managing a hotel is to successfully establish a constant flow of travellers and guests to your property throughout the year, while also showcasing the wide variety of services and products.

Operations 52

Operations Management OTA Hotels 52

Xotels

MAY 30, 2025

I was asked this question recently in a meeting: So what is exactly the difference between Revenue Management and Yield Management? Article Summary Yield Management Revenue Management Whats the Big Deal? This is the classic definition we all learned, the sacred mantra of hoteliers and revenue managers.

Yield Management 52

Yield Management Revenue Management Revenue Management 52

Cloudbeds

JUNE 8, 2023

I didn’t expect to capture this much direct business in such a competitive market.” Using data to improve operations and marketing strategies used to be a privilege for big-budget hotels only. Revenue management Your hotel rates shouldn’t be “set it and forget it.” Not anymore! Metasearch advertising. Pre-arrival.

Management 99

Management Hotels Revenue Digital Marketing 99

Cloudbeds

OCTOBER 17, 2024

When integrated with the hotel’s booking engine, these chatbots effectively become virtual sales representatives that provide real-time information on room availability, rates, and upsells and even allow visitors to complete their booking directly through the chat window. Increase direct bookings with Cloudbeds.

OTA 76

OTA Occupancy Hotels Revenue 76