SiteMinder

NOVEMBER 18, 2024

Try to choose somewhere that has high demand but isn’t overly saturated with accommodation options. Target market : You need to have a firm vision and understanding of who your hotel is for and how you plan to attract them. Is this area typically popular with tourists and how much competition is surrounding your site?

ROI 96

ROI Revenue Management Revenue Hotels 96

Little Hotelier

FEBRUARY 13, 2025

Market positioning : It helps you to understand where your hotel sits in the market in relation to your major competitors, and can highlight potential points of differentiation, such as untapped target audiences or undersupplied amenities in your area. Identify your competitors The first step is to create your competitive set.

Target Marketing 52

Target Marketing Hotels Marketing Market 52

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

Cloudbeds

MARCH 20, 2023

Instead of trying to reach all travelers, hoteliers can develop marketing strategies to appeal to their ideal guests. For example, guests who book a package spend more on property because accommodation is bundled with other services like breakfast and parking. Maintain a diverse distribution strategy. Improve the guest experience.

Hotel Marketing 52

Hotel Marketing Marketing Market Average Daily Rate 52

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 40

Revenue Management Revenue Management Ancillary Revenue 40

SiteMinder

OCTOBER 10, 2022

Falling short of your competitors when it comes to guest experience, accommodation standards or your marketing and advertising strategy can quickly lead to lost revenue. Our hotel commerce platform helps you take full control of your hotel or accommodation business, with valuable insights and tools to support your growth.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 52

Hotelier Magazine

MARCH 11, 2024

This represents the recovery of the tourism sector from the pandemic, one year earlier than forecast. As a result of COVID, Canada lost 90 per cent of air passenger capacity into Canada, or 27 million inbound seats from our key target markets. billion by the end of 2023.

Tourism 52

Tourism Business Marketing Market 52