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How to start a hotel business plan

SiteMinder

It serves as a roadmap for your hotel’s success, helping you attract investors, secure funding, and make informed decisions about your operations. It’s a vital tool for any hotel owner or operator, whether you’re starting a new hotel, expanding an existing business, or improving your current operations.

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Hotel Budget Plan: Are you Ready for 2023?

Xotels

Hotels in vacation markets for many have been influenced (indoctrinated) by tour operators on how to manage their property. When we were working through the budget for each month, we noticed that several months had targets at revenue levels below last year. What new online marketing initiatives will we launch next year?

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Bed and breakfast marketing: Complete guide for your B&B

Little Hotelier

Word-of-mouth Word-of-mouth has long been one of the most powerful bed and breakfast marketing channels for those in the hospitality industry. By asking your followers to create social posts and blog entries for your brand, you will establish loyalty with your target market segment.

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Hotel email marketing: Guide for small hotels

Little Hotelier

Hotel email marketing is an online marketing technique that helps hoteliers reach a broader audience via email. Hotel email marketing has been done in the hospitality industry for decades now, since email has become a normal part of our everyday lives.

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Hotel conversion: How to boost your booking conversion rate

SiteMinder

Boost your hotel's online performance with SiteMinder Maximise bookings and streamline operations with SiteMinder’s smart platform, designed to boost conversion rates and revenue. They can use this data to make more informed decisions and improve their operations.

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6 Effective Hotel Marketing Strategies to Boost Your Revenue

Xotels

So you will need several landing pages to target different keyword combinations. Use Google Keyword Planner to identify the relevant keywords for your hotel and target markets. Many hotels unknowingly allow online travel agencies (OTAs) to bid on their brand name, diverting potential customers and stealing direct bookings.

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Hotel revenue management strategies and solutions

SiteMinder

The most successful hoteliers are savvy operators who continually look for ways to learn and improve the way they do things, gaining an edge over the competition. Take advantage of the shifting market and raise your rates compared to keeping them static in order to earn more revenue.