eZee Absolute

OCTOBER 16, 2023

Well, here’s a trick called “ancillary revenue.” To put it in simple words, ancillary revenue or additional revenue is like a bonus income that hotels can earn from things besides just renting rooms. That’s exactly what ancillary revenue is all about.

Ancillary Revenue 59

Ancillary Revenue Revenue Services Events 59

STAAH

APRIL 23, 2024

By combining information from different sources, revenue managers can visualize the entire customer journey, customizing pricing and promotions for different channels and groups. Ancillary Revenue Management Pricing In addition to room revenue, ancillary revenue streams play a crucial role in boosting overall profitability.

Revenue Management 91

Revenue Management Revenue Ancillary Revenue Management 91

Hotel Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Hotels are generating better revenue. Domestic tourism is still going strong.

Occupancy 115

Occupancy Ancillary Revenue Upsell Revenue 115

SiteMinder

JULY 29, 2024

Hotel profit margin is defined by the percentage of a hotel’s revenue remaining after subtracting all business expenses, including staff costs, maintenance, and marketing. With the revenue of the hotel market projected to have reached US$426.40bn by this year worldwide, it’s important to know how you can maximise your share.

Ancillary Revenue 52

Ancillary Revenue Revenue Revenue Management Hotels 52

SiteMinder

AUGUST 22, 2022

GuestJoy will further expand SiteMinder’s robust hotel commerce offering, allowing hoteliers to automate and digitise their guest communication, drive upsell revenues, and strengthen direct guest acquisition. GuestJoy has been a SiteMinder partner since 2017, with customers across the UK and Europe.

Ancillary Revenue 52

Ancillary Revenue Upsell Hotels ROI 52

Xotels

APRIL 3, 2024

Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? Advance Sales: The hotel product, represented by rooms, can be sold in advance, enabling revenue managers to strategically plan and optimize occupancy levels over time. Protect YOUR Brand!

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Little Hotelier

OCTOBER 17, 2023

So let’s look at some of the best ways you can make the above strategies work… 15 best ways to increase hotel revenue 1. You can also upsell food and beverage offers or create them as part of a package. Increase the popularity of your food and beverage offers Offer deals including set menus for breakfast or dinner.

Revenue 100

Revenue Hotels OTA Ancillary Revenue 100