Remove Ancillary Revenue Remove Hotels Remove Revenue
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Elevate Your Ancillary Revenue with These 5 Proven Strategies

Hospitality Net

With 40% of Americans saying they plan to travel even more in 20241, there is a massive opportunity for hotel owners and operators to drive even more revenue by leveraging ancillary offerings. By now, you’re likely familiar with the concept of ancillary revenue in the hotel industry — it’s not just about selling products.

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Hotels with Ancillary Revenue Streams Need a CDP Purpose-Built for Hospitality

Hospitality Net

What’s the keystone system that a hotel should build its tech ecosystem around? Up until now, the answer to this question was always the property management system (PMS). Without properly administered rooms inventory, you have nothing.

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Hoteliers Generate More Than €100,000 in ancillary Revenue by Upselling Their Parking Spaces via Mews PMS

Hospitality Net

[20 October, London] Mews, the industry-leading hospitality cloud, announced today its automated space management feature within its PMS to help hotels diversify their revenue streams and increase profit.

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Hotel Spas Fill In Revenue Void During Recession

Hospitality Net

As of year-end 2022, the average hotel in CBRE’s Trends® in the Hotel Industry survey sample had surpassed its 2018 total revenue figure by 1.5%. This was achieved even though the average hotel had rented 8.2% The improvement was largely due to continued improvement in average daily rate and revenue from other sources.

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From Base Stays to Premium Experiences: How AI is Redefining Ancillary Revenue Generation for Hotels

Hospitality Net

Its practical use can empower hotels to anticipate guest preferences, tailor services accordingly, and deliver them through the right channels. Artificial intelligence (AI) is more than just a buzzword; it’s a transformative tool that can revolutionize the hospitality industry.

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Personalized Getaways: How Technology is Redefining the Modern Resort Experience

Hospitality Net

More than ever, today’s travelers see hotels as not just places to stay, but as destinations.

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How Are Top Independent Resort Operators Leveraging Their Tech Stack to Increase Revenue?

Hospitality Net

Hotels are preparing for a busy summer of leisure travel, and for resort hotels across the industry, success during this period will be determined by their ability to improve ancillary revenue from across their property. Determining these capabilities starts with understanding your property’s tech stack.