SiteMinder

JULY 13, 2024

What is hotel revenue management? Hotel revenue management is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. What is the primary purpose of revenue management?

Revenue Management 98

Revenue Management Revenue Management OTA 98

SiteMinder

AUGUST 1, 2024

Here’s what to include in your executive summary: Hotel concept: Briefly describe your hotel’s unique features, target market, and overall vision. Key goals: State your main objectives, such as increasing occupancy rates, boosting revenue, or expanding your hotel chain.

Business 95

Business Revenue Hotels Occupancy 95

SiteMinder

SEPTEMBER 4, 2024

How to improve conversions on your hotel’s most important landing pages Conversions are key not only to the success of your online marketing campaign, but also to the success of your hotel property. However, there are numerous tools available that can help to push these numbers even higher.

Hotels 75

Hotels Revenue Market Marketing 75

Xotels

JUNE 2, 2023

Balancing direct room sales with third-party websites and online travel agents (OTA’s) is one of the challenges the hotel industry faces in 2023 and beyond. While the ideal scenario is to handle everything independently, relying solely on your own revenue management and hotel marketing strategy may not be sufficient.

Marketing Strategy 40

Marketing Strategy Hotel Marketing Marketing Market 40

eZee Absolute

JANUARY 9, 2023

You can also turn to revenue management experts to create pricing strategies that bring in better profit. Explore new markets. Social media and online marketing are essential tools for any hotel that is preparing to enter into new markets and guest segments. But then, again, don’t make it all about the cash.

OTA 52

OTA Hotels Accommodation Travel 52