STAAH

DECEMBER 12, 2023

During peak holiday periods, consider adopting a revenue management system that factors in various parameters such as historical booking data, competitor pricing, local events, and even weather forecasts. Create attractive holiday-themed packages that include accommodation, festive meals, entertainment options, or exclusive amenities.

Target Marketing 85

Target Marketing Cancellation Forecasting Revenue 85

Xotels

APRIL 3, 2024

Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

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. Marketing strategy: Highlight your key marketing initiatives, such as online advertising, social media engagement, or partnerships with travel agencies.

Business 95

Business Revenue Hotels Occupancy 95

SiteMinder

JULY 13, 2024

This then allows you to make informed decisions on what accommodation to promote to the right client, at the right time, with appropriate pricing through the most suitable distribution channel. By gauging the strengths and weaknesses of other hotels in the vicinity, one can identify unique selling points and potential market gaps.

Revenue Management 98

Revenue Management Revenue Management OTA 98

Cloudbeds

MARCH 23, 2023

In the hotel industry, eCommerce refers to the buying and selling of accommodation and related services over the internet. Develop a search engine marketing (SEM) strategy by exploring paid advertising options on Google, Facebook, and other social media sites. Choose the platforms that best meet your marketing objectives and budget.

OTA 98

OTA Digital Marketing Market Marketing 98

Inn Quest

SEPTEMBER 5, 2023

Additionally, accurate inventory data enables better forecasting, allowing hotels to plan purchases and staffing more effectively. This information enables personalized service and targeted marketing efforts, improving guest loyalty. Analyze this data to refine your inventory management strategies continuously.

Management 87

Management Overbooking Revenue Hotels 87

Hotelogix

OCTOBER 11, 2024

The app offers a wide range of hotel options (budget-friendly to luxury accommodations), which makes it the most trusted choice for travelers of all types. Hotels that work with Hopper can tap into a younger audience, especially those who prefer using apps and make decisions based on price forecasts. How does Hopper work for hotels ?

Occupancy 52

Occupancy Hotels Travel Management 52