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Hotel gift vouchers are a formidable strategy to amplify revenue streams and grow guest loyalty. Unlike any other monetary gift card, they can be tied into particular hotel services, enhancing revenue streams. Additional revenue stream, with the money clipped in even before the service is rendered.
The APAC Revenue Management Summit returned to Melbourne this week under the fitting theme: Simply the Best. In a highly anticipated workshop, Eoin Loftus led the crowd through his Profit BOOST framework, offering proven strategies to uncover hidden margins and reimagine commercial operations from the inside out.
Sales and revenue management are two departments that seemingly should be a match made in heaven but often find themselves at odds with differing goals for success.
Bed bugs can be a nightmare for the hospitality industry, leading to unhappy guests, potential health issues, and negative business reviews possibly resulting in lost revenue. Bed bugs will live anywhere and can easily hitchhike their way into your building on the clothing and personal items of guests and staff alike.
London, 15 April 2025: SDK Consulting , revenue and commercial consultancy for hotels, has been appointed by boutique hotel brand Z Hotels to develop the commercial strategy and run the revenue and distribution department. As we expand our brand and prepare to open Leicester Square we need to be primed to grab market opportunities.
The beachside hotel is operated by franchisees, Chris and Olivia Taylor, who also operate First Light Mooloolaba on the Sunshine Coast, and previously managed Hervey Bay’s Oceans Resort and Spa, both positioned within the Ascend brand. It’s really about driving direct bookings.
As the first major accommodation operator to engage with the national accessibility body, Quest is tapping into the fastest growing travel sector in the country, with people with disability equating to AU$3.3 With my consultancy service, I am assisting Quest in creating seamlessly accessible and beautifully appointed serviced apartments.
Boost hotel profitability in 2025 by tapping into ancillary revenue streams. For hotel operators seeking to boost profitability, ancillary revenue is a key focus in 2025. Here are four key ways you can generate more ancillary revenue in your hotel.
Managing a hotel isnt just about filling rooms; its about making your systems and operations work together seamlessly. 1) PMS + channel manager = real-time peace of mind Your Property Management System (PMS) is your operational command centre. You can maximise occupancy and revenue without manual rate updates.
In keeping with its goal of creating genuine, memorable travel experiences, the hotel offers a paid airport shuttle service and promotes outdoor exploration. Juggling guest experience with operational gaps The core of everything at Guest House 1954 is creating memorable guest experiences.
DENVER, Colorado—Stonebridge Companies, LLC announced the promotion of Chris Cheney to Senior Vice President of Commercial Services. Cheney joined the company in 2007 and served as a general manager at multiple assets from Alaska to Colorado before joining the corporate team in 2011 as director of revenue management.
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DALLAS—DerbySoft, a leader in high-performance distribution services, announced a new partnership with IDeaS, a SAS company, the world’s leading provider of hospitality revenue management software and services, that strategically provides operational and revenue-enhancing benefits for hotels of all types.
Luminous Living, which will offer premium property management services for owners, aims to disrupt the high-end lifestyle hotels category by raising the bar with “elevated guest experiences, seamless service, designer amenities, and an all-inclusive offering”.
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As a leader in revenue management consulting , were always at the forefront of what is happening in the hotel industry and keeping a close eye on how revenue management trends keep evolving. While questions like What are the top trends in revenue management for 2025? Want to read more about the basics of revenue management?
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By pairing our awardwinning digital platforms with handson operational knowhow, we unlock more opportunities for guests and deliver stronger returns for our partners. Radisson Hotel Group’s commercial capabilities have been strengthened by The Club, an international revenue community operating in over 45 countries.
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Reporting to The Langham Hospitality Group’s Regional Vice President, Operations, Jeffrey van Vorsselen, Romandy will oversee all areas of hotel operations, from finance to human resources. “We We are delighted to welcome Arpad to the team,” said van Vorsselen. Romandy said he looks forward to making an impact in this role. “The
“We are honored that the industry’s leading owners and developers continue to choose Coury as their partner for designing, developing, and operating new lifestyle hotels.
A bed bank is a business-to-business (B2B) travel provider that connects hotels with travel distributors, such as online travel agencies (OTAs) and tour operators. Bed banks operate by purchasing large room allotments from hotels at a discounted bulk rate. What is a bed bank? How does the concept of a bed bank work?
Hoteliers face so much pressure to deliver exceptional service while streamlining operations. Gone are the days of dealing with multiple systems for reservations, revenue management, and guest engagement. Why Fragmented Systems Fall Short Managing operations with disconnected tools will just give hoteliers a huge workload.
Combined with AI and other tech solutions, it drives higher bookings, operational efficiency, and personalized guest communication. The hospitality industry is under increasing pressure to deliver measurable results—faster booking conversions, leaner operations, and better communication.
The tour, which recently made history as the highest-grossing rock tour of all time, is the first rock tour to surpass US$1 billion in revenue, and second only to Taylor Swift’s The Eras Tour. Accor occupancy up across all three cities At October 30, Australia’s largest hotel operator, Accor, reports an 18% lift in occupancy levels (10.7
Marsden Hotel Group, owner and operator for successful 4-5 start properties across New Zealand, has teamed up with STAAH, a leading technology provider for hospitality businesses, to boost the revenue-generating capabilities of the properties in its network.
The partnership aims to create additional revenue streams and drive sustainability by providing a more efficient redemption process for customers and streamlined record keeping for the business. Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex
The partnership enhances STAAH ’s value proposition by providing hotels with a trusted, globally recognised transfer service that more than two million travelers worldwide already love. Active in more than 300 destinations with 2500 hotel partners, it offers direct passenger side services to more than two million passengers annually.
The full-service boutique property features 212 spa-inspired guestrooms and suites; an upscale restaurant and lounge; rooftop swimming pool; and 14,000 sq. Owned and operated by IMH Columbia LLC, the hotel is close to the Merriweather Post Pavillion outdoor concert venue. of event space. star hotel remains bright and profitable.
To succeed in hospitality, hotels must go beyond room bookings, tapping into ancillary services to drive growth amidst changing markets. In the competitive world of hospitality, maximizing revenue from room bookings alone is no longer sufficient for sustaining growth and profitability.
The right software is a game-changer for hotel success, shaping everything from operational efficiency to guest satisfaction. Property Management System (PMS) A Property Management System (PMS) is the heart of hotel operations, handling everything from reservations and check-ins to billing and room assignments.
The consequences of this can include double-bookings and guest frustration, leading to a loss of revenue and reputation. There was also an opportunity to expand online reach and get more direct bookings into their revenue potential. Among the many positives of STAAH are its affordability and customer service.
One year on from the launch of Trilogy Hotels, the independent management company is rounding out 2024 with 13 hotels under management totalling over 2,500 rooms and overseeing $165 million in revenue. I was working on the investor side and getting quite frustrated with the relationship between an investor and an operator.
The manual updates limited revenue strategies to be applied at room level, ultimately lowering the revenue potential for the business. It takes just a few clicks to ensure that the property’s entire inventory is accurately reflected and readily available to potential guests, driving increased bookings and revenue.
In Part 2 , we explore how BI enhances revenue generation and cost management from when guests arrive through their departure and beyond. The arrival , stay , departure , and post-stay phases present numerous opportunities to optimize operations, personalize guest experiences, and foster long-term loyalty.
The Samilton is known for its excellent service, clean and cosy rooms, and a variety of amenities to ensure a pleasant stay. Understanding and maintaining rate parity is crucial for hoteliers as it influences pricing strategies , revenue management , and the potential profitability of the business.
Carolyn Smith In 2014, she led the opening of the Sheraton Melbourne Hotel as Executive Assistant Manager of Rooms and in 2019 became Director of Operations at Sheraton Grand Mirage Port Douglas, where she implemented strategic changes that drove significant growth for the resort.
announced its new Nomadix Energy Management Solution that addresses the market need to reduce operational costs and reach sustainability goals. announced its new Nomadix Energy Management Solution that addresses the market need to reduce operational costs and reach sustainability goals.
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