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Strategies for Ancillary Revenue Success in Hotels

eZee Absolute

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.

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Transforming Guest Experiences to Drive More Revenue

STAAH

With market dynamics constantly evolving, hotels must explore and innovate beyond traditional revenue streams. One highly effective strategy is to look beyond rooms to drive ancillary revenue. Diversify Revenue Streams: Relying solely on room revenue can be risky.

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Ancillary revenue: Guide and examples for hotels

SiteMinder

What is ancillary revenue? Ancillary revenue is when you earn income from additional services or products offered at your hotel. By offering these added touches, you’re not just boosting your revenue; you’re creating memorable experiences that make your hotel stand out. It’s a virtuous cycle.

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Embracing the Future: Technology’s Pivotal Role in Hotel Reservations

Amadeus Hospitality

Staying competitive with innovative merchandising strategies The best CRSs on the market are as efficient as today’s leading e-commerce giants – providing a fast, seamless shop and book experience that consumers love. They’re also looking into options for cart abandonment offers and location-based special offers to increase bookings.

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How to Really Make Money with a Hotel: Maximizing Hotel Profit

Xotels

Higher Spending: Members tend to spend more during their stays, splurging on room upgrades, dining, and other services. Partner Benefits: Extend your reach by partnering with other businesses to offer discounts or exclusive access to attractions, restaurants, or local shops. Gamification: Make it fun!

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How to Really Make Money with a Hotel: Maximizing Hotel Profit

Xotels

Higher Spending: Members tend to spend more during their stays, splurging on room upgrades, dining, and other services. Partner Benefits: Extend your reach by partnering with other businesses to offer discounts or exclusive access to attractions, restaurants, or local shops. Gamification: Make it fun!

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Hotel customer journey: The complete guide

SiteMinder

Provide information about transportation, local restaurants, shopping options, excursions and day-trips. If this is satisfying for the guest, they’ll be more likely to spend and you can earn ancillary revenue. Its standout features, like the ocean-view rooms and dining options, edge out the competition.

Hotels 100