Hotelogix

OCTOBER 18, 2023

What is a Hotel POS System A Hotel Point of Sale (POS) system is a specialized software solution designed to manage and facilitate various transactions and operations within your hotel environment.  This prevents stockouts and overstocking, optimizing inventory management. This simplifies financial tracking and reporting.

Sales 52

Sales Retail Services Hotels 52

Cloudbeds

MARCH 20, 2023

It is a fundamental process of revenue management, but also brings benefits to marketing, operations, and the guest experience. When lodging operators divide guests into segments, they can be more targeted in promotions, communications, and guest services to increase revenue, guest loyalty, and guest satisfaction.

Hotel Marketing 52

Hotel Marketing Marketing Market Average Daily Rate 52

SiteMinder

AUGUST 1, 2024

Pricing strategy: How you will set competitive room rates and consider implementing revenue management strategies to maximise occupancy and revenue. Organisation description This section provides details about your hotel’s ownership structure, management team, and any key personnel.

Business 95

Business Revenue Hotels Occupancy 95

Little Hotelier

MAY 31, 2023

Read on for the full guide to hotel bidding sites and how they can work for your small accommodation business. One of the most common is for your hotel to offer a specific deal, along with a recommended retail price, that travellers are then invited to bid on over a set period. There are a few good reasons.

Hotels 52

Hotels Revenue ROI Upsell 52

SiteMinder

JANUARY 8, 2024

With customers expecting some sort of dining service from hotel accommodations, it has become almost a standard practice to provide. Not only can an in-house restaurant provide an enhanced guest experience but can reach a broader range of clientele, especially when your restaurant management operates independently from your hotel management.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

SEPTEMBER 12, 2023

Travel wholesalers are B2B companies that purchase hotel room inventory in bulk at a discounted rate and sell it to OTAs, travel agents, tour operators, airlines, and other travel or accommodation sellers. Also known as bed banks, wholesalers are a ‘middleman’ sitting between travel agents and travel suppliers (in this case your hotel).

Travel 52

Travel Hotels B2B OTA 52

SiteMinder

NOVEMBER 30, 2023

Table of contents Why hotels need to incorporate travel technology Potential customers are increasingly looking to their mobile devices to solve their problems for them, and this is also the way they are searching for, and booking, travel and accommodation. Again, this requires the hotel to install and manage the necessary technology.

Travel 52

Travel Hotels Services OTA 52

SiteMinder

JANUARY 8, 2024

With customers expecting some sort of dining service from hotel accommodations, it has become almost a standard practice to provide. Not only can an in-house restaurant provide an enhanced guest experience but can reach a broader range of clientele, especially when your restaurant management operates independently from your hotel management.

Operations 52

Operations Management OTA Hotels 52

SiteMinder

DECEMBER 11, 2023

A hotel strategy provides a clear roadmap for achieving business goals, ensuring that every aspect of the hotel’s operations, from revenue management to guest services, aligns with its overarching objectives. Table of contents Why is hotel strategy important? Table of contents Why is hotel strategy important?

Business 59

Business Hotels General Manager Travel 59

Cloudbeds

JANUARY 10, 2025

For independent hotels, hostels, inns, and other types of accommodations, metasearch marketing offers a number of advantages. You can promote higher-category rooms, packages, and amenities that may not be available on OTAs, as well as additional on-property services like the restaurant, bar, retail, spa, and activities.

Cost Per Click 52

Cost Per Click Market Marketing OTA 52

Hotel Operations

FEBRUARY 12, 2023

The ground floor is the most valuable part of the asset because if it’s in a city center location that’s a prime location, can be rented out to a retailer, F&B operator, restaurant concept, whatever. A GM or somebody who’s operationally focused will never be aggressive on a revenue strategy in terms of overbooking.

Operations 52

Operations Real Estate Hotels Revenue 52

SiteMinder

SEPTEMBER 12, 2022

The hospitality industry spurs economic growth, serves people and communities and provides employment for thousands of people around the world, with some of the most common jobs being: Cafe and restaurant wait staff and managers. Retail managers and sales assistants. Hotel receptionists, staff and managers.

Hospitality 94

Hospitality Tourism Business Accommodation 94