Hotel Speak

JULY 19, 2024

It’s not just about rooms There are also ancillary revenue components for you to consider. A very large group may come with meeting space rental revenue, which is 100% pure profit. The group may require breakfast, lunch, and dinner, and maybe a gala dinner event to close. Then you have F&B.

Revenue 63

Revenue Management Revenue Management Average Daily Rate 63

Amadeus Hospitality

OCTOBER 19, 2023

The resort closed for refurbishment, as did the majority of hotels on the island. As we continue to grow, we have confidence in Amadeus, the leading name in travel technology, to provide us with ongoing support.” In 2017 , Hurricane Maria devastated Puerto Rico’s infrastructure.

Resorts 59

Resorts Branding Ancillary Revenue Revenue 59

Xotels

JULY 26, 2024

Practical Tips for Yield Management Know Your Demand: Keep a close eye on your booking patterns. Higher Spending: Members tend to spend more during their stays, splurging on room upgrades, dining, and other services. You can apply the same principle to your hotel rooms. When are your peak seasons? What events drive demand in your area?

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

Xotels

JULY 26, 2024

Practical Tips for Yield Management Know Your Demand: Keep a close eye on your booking patterns. Higher Spending: Members tend to spend more during their stays, splurging on room upgrades, dining, and other services. You can apply the same principle to your hotel rooms. When are your peak seasons? What events drive demand in your area?

Yield Management 52

Yield Management Upsell Revenue Hotels 52

SiteMinder

AUGUST 1, 2024

Hotel facilities and amenities: Detail your hotel’s facilities and amenities, including the number of rooms, room types, dining options, meeting rooms, and leisure activities. Revenue and pricing Now we’re onto the good bit!

Business 52

Business Revenue Hotels Occupancy 52

SiteMinder

NOVEMBER 22, 2023

They’ll be playing close attention to all parts of your hotel. If this is satisfying for the guest, they’ll be more likely to spend and you can earn ancillary revenue. Guests may share details and photos of their trip all the way through, but especially as it draws to a close and after they’ve left.

Hotels 100

Hotels Travel OTA Revenue 100