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Hotel revenuemanagement isn’t just about pricing rooms. Yet, time and again, we find that hotels, especially independent and boutique properties, are making avoidable hotel revenuemanagement mistakes that silently bleed revenue. Channel managers aren’t always synced. PMS data might be outdated.
If there’s a sudden change, for example, an influx of last-minute bookings hits the system, the platform can enable revenuemanagers to adjust room rates dynamically to maximize revenue. DI can also be more proactive and suggest upsells tailored to guest profiles and booking patterns. Why it’s important for hotels?
But luckily, there is a solution: Single-solution platforms that consolidate all essential hotel management tools into one complete system. Gone are the days of dealing with multiple systems for reservations, revenuemanagement, and guest engagement. Identify upselling opportunities to boost revenue.
Tags: behavioral framework , hotel rate integrity , real threats Ryan Haynes Director, UK Related Articles Related Courses You might also like: Overcoming the pre-arrival noise: Tips to stand out among other hotels 17 July 2025 Andean as a boutique collection with all the hallmarks of purposeful travel 16 July 2025 Smarter rosters, stronger teams, (..)
Use revenue tech to your advantage Revenuemanagement systems (RMSs) have evolved to provide smarter segmentation and demand forecasting to tighten levels of granularity. For example, targeting people looking for a local getaway during shoulder seasons or offering special deals to business travelers for repeat bookings.
Every year during Songkran, Thailand welcomes millions of travelers eager to experience the fun and tradition, filling up streets, temples, and yes, hotel rooms! Thailands beloved festival sees an influx of both international tourists and local travelers. During Songkran, travelers dont just stay longer; they spend more.
Sustainability : d igital k eys eliminate the need for plastic keycards, appealing to eco-conscious travel l ers. Operational efficiency : f ewer manual processes mean fewer staff hours spent troubleshooting. Receive daily leadership insights and stay ahead of the competition.
A hotel commercial strategy is a coordinated business approach that integrates sales, marketing, revenuemanagement and distribution efforts to maximise total hotel revenue. A carefully considered commercial strategy can help a hotel respond to global turbulence, technological advancement, and changes in traveller behaviour.
This collaboration enables hotels using Infor HMS to drive incremental revenue and elevate guest personalization by seamlessly integrating Plusgradeâs proven upsell technology into the core guest journey. âTogether, weâre bringing ancillary revenue into the digital core of hotel operations â where it belongs.
Maximize Direct Bookings to Reduce Dependence on OTAs When guests book through Online Travel Agents (OTAs) like Booking.com or Expedia, hotels often have to pay hefty commission fees, sometimes up to 20%. Streamline Distribution to Maximize Visibility Managing your distribution channels is key to maximizing your hotel's visibility.
Email Automation: Uses generative AI to manage high volumes of travel-related emails by extracting key information (like travel dates or party size) and generating personalized offers. This feature helps improve response speed, booking efficiency, and reduces staff workload. Sabre’s SynXis Concierge.AI SynXis Concierge.AI
By empowering hotels that live and breathe authentic hospitality, the soft brand is seeking to reshape the future of luxury travel – one pioneering property at a time. “ Advertisements “ As the expectations of sophisticated travellers evolve, so too must the models that support the hotels serving them.
Managing a hotel isnt just about filling rooms; its about making your systems and operations work together seamlessly. An advanced channel manager, STAAH integrates with a number of PMS providers, making it a popular choice for many hoteliers. 7) Drive More Revenue with Upsell Tools Why stop at the room?
As competition intensifies and travelers become more selective, data analytics in the hospitality industry and AI are no longer buzzwords, but operational imperatives. This enables instant alerts on drops in conversion rates, underperforming channels, or missed upsell opportunities. But analytics alone isn’t enough.
As competition intensifies and travelers become more selective, data analytics in the hospitality industry and AI are no longer buzzwords, but operational imperatives. This enables instant alerts on drops in conversion rates, underperforming channels, or missed upsell opportunities. But analytics alone isn’t enough.
Business intelligence software To improve EBITDAR, teams can use business intelligence software to collaborate, identify opportunities to reduce costs, and find ways to increase revenue. 7 tips to improve EBITDAR As a profit metric, EBITDAR can be improved in two ways: increasing revenue and reducing costs.
As guests become accustomed to seamless, technology-driven experiences in their daily lives, they expect the same level of service when they travel. This not only streamlines the ordering process but also increases revenue opportunities for hotels by encouraging upselling and cross-selling.
Tryp.com is an online travel marketplace that bundles flights, accommodation and experiences into value-driven packages curated by AI. Travellers pick a theme, such as “beach escape” or “digital nomad city break”, and the site returns ready-made itineraries that can be booked in a few clicks. What is Tryp.com?
billion travelers in 2024 , up 11% from the year before, hotels have a golden opportunity to tap into soaring demand and boost direct bookings. The Layer is carefully crafted to enhance the allure for local travelers seeking a luxury escape close to home. Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex
Advertisements CBRE Research Analyst Katya Ezhova said, “While luxury travel demand is strongest in the 40 to 50-year-old age bracket there is also a broadening demographic of aspirational luxury travelers, many of whom are Millennials or Gen Z. Receive daily leadership insights and stay ahead of the competition.
Whether you’re near a city with a big Pride celebration or just want to show your support, it’s a chance to connect with a diverse and loyal travel community and show that your brand genuinely cares. Travel with purpose and celebrate love in every form. It also encourages non-overnight revenue and local brand engagement.
But here’s the good news: a streamlined, intuitive PMS UX can turn hotel operations around—boosting staff productivity, enhancing guest satisfaction , and improving hotel revenuemanagement. This is a game-changer for efficient hotel revenuemanagement. Request a Demo With Hotelogix PMS
Centrally located in the Omani capital’s Al Mouj Muscat neighbourhood, a vibrant waterfront development known for its luxury residences, yacht marina, championship golf course, and high-end retail offerings, the new resort will cater to both leisure and business travellers.
This vision resonates deeply with Chloe, whose commitment to craftsmanship and excellence aligns perfectly with our own belief in creating distinctive, intimate luxury that welcomes aesthetic travelers.” These include emblematic suites and villas, and personalized service tailored to aesthetic-minded travellers and locals alike.
As guests become accustomed to seamless, technology-driven experiences in their daily lives, they expect the same level of service when they travel. This not only streamlines the ordering process but also increases revenue opportunities for hotels by encouraging upselling and cross-selling.
6/30/2025 Duetto Introduces RMS for Limited-Service Hotels Duetto introduces GameTime, a streamlined revenuemanagement system (RMS) designed specifically for select-service and limited-service hotel brands. Whether general or front desk managers, our staff use it with ease and confidence. GameTime is already in use.
Despite that, nearly 45% of independent hotels still operate with partially integrated or disconnected platforms, leading to challenges such as overbooking, inconsistent pricing across channels, and lack of real-time visibility of interactions with travelers. Did you know? Did you know?
Alternative revenue lives within your ability to deliver more value in ways that guests, owners, and partners dont mind paying for. Revenue Stream #1: Upsells and Add-Ons for Guests Guests are willing to spend more if it enhances their experience. Saving guests time is always a value-add.
Whether you’re near a city with a big Pride celebration or just want to show your support, it’s a chance to connect with a diverse and loyal travel community and show that your brand genuinely cares. Travel with purpose and celebrate love in every form. It also encourages non-overnight revenue and local brand engagement.
When our hotel partners dream of better service, smarter operations, or more delightful guest experiences, our team works hard to turn those dreams into reality with precision, scale and purpose.â âCanaryâs scale and growth within the travel and hospitality sector are truly unprecedented,â said Kevin Magan, Partner at Brighton Park Capital.
These models often lack the context and transparency revenuemanagers need to understand pricing decisions. HCN offers similar opportunities via its programmatic ad platform for brands wishing to connect with affluent traveling consumers who spend up to 3.5 waking hours in the hotel room.
Email Automation: Uses generative AI to manage high volumes of travel-related emails by extracting key information (like travel dates or party size) and generating personalized offers. This feature helps improve response speed, booking efficiency, and reduces staff workload. âSabreâs SynXis Concierge.AI SynXis Concierge.AI
Whether its a seamless check-in process, personalized dining recommendations, or proactive problem-solving, customer satisfaction is at the heart of every hotel, resort, and travel business. AI-Powered Chatbots and Virtual Assistants AI chatbots are transforming how hotels and travel companies interact with guests.
These hotels will cater to a wide range of guests — from public sector and energy professionals to beachgoers and urban travelers — offering smart, well-located accommodations suitable for both business and leisure travel.
Offering a soulful blend of heritage, design, and barefoot elegance, Kadún invites travelers to experience Baja California Sur through a more intimate, grounded lens. Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex
âWhat truly makes Gametime stand out is its ability to meet the specific needs of limited-service hotels while aligning seamlessly with our overall revenuemanagement strategy. Whether general or front desk managers, our staff use it with ease and confidence. GameTime is already in use.
With this integration, two brands from the Gekko Group, a subsidiary of Accor, work hand in hand to facilitate this access: Gekko Tech, through its innovative distribution technology, and Infinite, through its expertise in managing and optimizing hotel inventory for the leisure travel sector.
Double bookings , incorrect charges, and missed upsell opportunities can result in revenue loss and negative guest reviews. Enhances safety—ideal for post-pandemic travel expectations. Mobile Accessibility: Run Your Hotel from Anywhere Hotel owners no longer need to be physically present to manage operations.
Sustainability: digital keys eliminate the need for plastic keycards, appealing to eco-conscious travellers. âThis partnership marks a significant milestone in our mission to simplify hotel distribution through intelligent and integrated technology,â said Bhanu Chopra, Founder and Managing Director, RateGain.
Sustainability: digital keys eliminate the need for plastic keycards, appealing to eco-conscious travellers. âThis partnership marks a significant milestone in our mission to simplify hotel distribution through intelligent and integrated technology,â said Bhanu Chopra, Founder and Managing Director, RateGain.
Topics include revenuemanagement, guest relations, and staff training techniques. Hotel: 7 Key Factors for Smart Travelers 3. This podcast provides valuable industry forecasts, helping hoteliers anticipate changes in traveler behavior and technological advancements.
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