Xotels

JULY 26, 2024

This can entice guests to book at a higher rate while also increasing your overall revenue. Don’t Forget About Upselling: Train your staff to upsell guests to higher room categories or add-on services. These are the techniques that can significantly boost your hotel’s revenue without a ton of extra effort.

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

Xotels

JULY 26, 2024

This can entice guests to book at a higher rate while also increasing your overall revenue. Don’t Forget About Upselling: Train your staff to upsell guests to higher room categories or add-on services. These are the techniques that can significantly boost your hotel’s revenue without a ton of extra effort.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

StayNTouch

NOVEMBER 16, 2022

This can include a hotel’s website, its social media platforms, phone or email reservations, metasearch engines, or OTAs. Although hotels can 一 and should 一 diversify their income streams and realize the potential of ancillary revenue, distribution remains the cornerstone of hotel profitability and success.

OTA 52

OTA Hotels Revenue Overbooking 52

Catala Consulting

JULY 30, 2023

Overbooking: Though counterintuitive, it helps mitigate revenue loss due to last-minute cancellations or no-shows. Channel Management: Ensures profitable utilization of distribution channels, such as online travel agencies (OTAs), direct bookings, and travel agents.

Revenue Management 52

Revenue Management Revenue Resorts Management 52

Travelboom Marketing

SEPTEMBER 1, 2023

It’s clear that OTAs, as well as major hotel brands are putting significant resources behind creating the best hotel rewards program possible. Alternatively, less expensive room rates can be redeemed through more aggressive upselling. A hotel loyalty program would amplify these opportunities to upsell.

Hotels 52

Hotels Upsell Ancillary Revenue Travel 52

Up Hotel

DECEMBER 9, 2024

The Golden 20% I seriously think the OTAs are like heroin for hotels and its a pretty tough habit to kick. Please dont misunderstand, I do genuinely feel that OTAs have a part to play in the marketing mix. However, if you are able to sell rooms for the hotel direct for less than that OTA commission of 20% then why not?

ROI 40

ROI OTA Hotels Cost Per Click 40

Xotels

APRIL 3, 2024

Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? The Hotel’s Own Website (and Booking Engine) Online Travel Agencies (OTAs): Booking.com, Expedia, Airbnb, etc. Protect YOUR Brand!

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

SiteMinder

AUGUST 18, 2022

You can then try to generate extra revenue from upsells, extras, and other ancillary revenue. Another online space to look at is what OTA channels they are using, or what keywords they are targeting on Google. Tips on creating the perfect hotel competition report.

Hotels 52

Hotels Revenue Ancillary Revenue OTA 52

Hotel Business

JULY 13, 2023

Room upgrade functionality: You are losing out on valuable ancillary revenue opportunities if you are not offering a room upgrade option in your booking engine, which prompts customers who are completing the check-out process to upgrade for a small fee to a nicer room or one with a better view.

Revenue 52

Revenue Ancillary Revenue Management OTA 52

Xotels

SEPTEMBER 22, 2022

In August 2022, the Expedia Group released a new algorithm update that affects how properties appear in the OTA’s search results. ” The fact that one of the world’s leading OTAs concentrates so much on the guest experience proves this aspect’s importance. Set the right objectives to succeed. Hyper-target.

Hotel Marketing 40

Hotel Marketing Market Marketing OTA 40