Remove Services Remove Target Marketing Remove Yield Management
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What is Yield Management: Guide for Hotels

SiteMinder

What is Yield Management? Yield management is a pricing and revenue management strategy that is used to maximise business performance. It involves adjusting prices based on predicted demand and other external factors to maximise revenue or yield. A similar principle can apply to distribution.

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Silavadee Pool Spa Resort Samui increases bookings by 60% with SiteMinder’s platform

SiteMinder

The remarkable service and awe-inspiring ocean views leave a lasting impression on both local and global travellers, making it a coveted destination on their must-visit lists. Although the target market has since changed, what remains constant is the hotel’s standards and work ethic.

Resorts 98
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Marketing for Hospitality and Tourism – Your 2024 Guide

MediaBoom

How do you make marketing for hospitality and tourism successful? Hospitality and tourism marketing is the strategic process of creating demand and building a strong brand for products and services within the travel industry. You can ensure you target the right keywords in your ads.

Tourism 95
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What is cost based pricing? Example and strategy

SiteMinder

Cost-based pricing is a pricing method where the selling price of a product or service is determined by adding a markup to the unit cost or, in the case of hotels, the cost of keeping a room available and maintained for use. Are they offering lower rates, packages, or value-added services that could sway potential guests?

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Hotel Revenue Management Strategies

Xotels

Mix of business and leisure amenities and services (see how to target the bleisure market ). Have both on and- offline marketing/sales content available to entice group stays. Revenue management should lead the pricing strategy to ensure the best offer goes out to the booker.

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Hotel Distribution Channels- Types & Strategies to Optimize

Hotelogix

Target Different Travelers: Each channel brings in different types of guests, helping hotels reach more people. Get Useful Data: Channels give hotels information they can use to improve their services. This partnership is especially beneficial for boutique and luxury hotels, where personalized service is a key selling point.

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Top Revenue Management Strategies for Hotels

Xotels

Mix of business and leisure amenities and services (see how to target the bleisure market ). Have both on and- offline marketing/sales content available to entice group stays. Revenue management should lead the pricing strategy to ensure the best offer goes out to the booker.