Boutique Hotel News

NOVEMBER 15, 2022

Remaining relevant to guests is key, and those that don’t are at risk of losing market share. Day-use services and memberships provide additional ancillary revenue streams especially important given the decline in business travel.

Market Share 52

Market Share Market Marketing Consumer 52

Xotels

APRIL 3, 2024

Collaboration with other departments The Future: Total Revenue Management What is Revenue Management? Without a solid revenue management strategy, a hotel will just get lost in the pile of other hotels – being unable to reach satisfactory visibility and level of business to remain open.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Hotel Business

NOVEMBER 9, 2022

Understand the evolving nature of lodging demand and intentionally drive ancillary revenue to optimize profit. Capital expenditures should aim to protect market share and enhance property value. Guest expectations are at an all-time high.

Ancillary Revenue 52

Ancillary Revenue Operations Intent Market Share 52

Hotelogix

AUGUST 6, 2024

Optimizing ancillary revenue streams: To diversify your revenue sources, consider enhancing offerings in food and beverage, spa services, and event hosting. Increasing your Hotel's Market Share Growing your market share requires strategic marketing and distribution efforts.

Revenue 52

Revenue Management Upsell Target Marketing 52

Xotels

APRIL 3, 2024

Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? The extra revenue and control over availability this provides is an essential technique at the disposal of revenue managers. Protect YOUR Brand!

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Cloudbeds

OCTOBER 9, 2024

These trends can impact room rates, ancillary revenue, and overall occupancy patterns. This competition affects market share projections and pricing strategies.

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59

Hotel Business

DECEMBER 18, 2023

provider of hotel franchise services in the chainscales that serve middle-income guests—economy and midscale—with more than 55% market share in each, resulting in significant uncertainty as to whether the FTC or courts would ever clear the transaction. Choice’s offer would create the largest U.S.

Ancillary Revenue 59

Ancillary Revenue Business Closing Branding 59