Skift Blog

NOVEMBER 28, 2023

Skift Take: Ancillaries are increasingly essential to the financial health and resilience of airlines. Sabre’s new Upgrade IQ product uses artificial intelligence (AI) and machine learning (ML) to optimize airlines’ premium cabin inventory and unlock incremental revenue. Sabre Read the Complete Story On Skift

Ancillary Revenue 325

Ancillary Revenue Revenue Retail Revenue Management 325

Hospitality Net

JUNE 8, 2023

Making money in a hotel is about more than just selling rooms, but not every hotel has food-and-beverage outlets, expansive meeting space or retail outlets to contribute ancillary revenue.

Ancillary Revenue 188

Ancillary Revenue Revenue Retail Hotels 188

Hospitality Tech

OCTOBER 2, 2024

In today's tech-driven world, guest expectations are at an all-time high, and forward-thinking hotel brands are tapping into digital retail strategies to not only meet but exceed these demands.

Retail 80

Retail Ancillary Revenue Revenue Hospitality 80

STAAH

MAY 28, 2024

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.

Ancillary Revenue 98

Ancillary Revenue Revenue Services Events 98

Boutique Hotel News

DECEMBER 20, 2022

Marc Saunders, director of marketing at Splendid Hospitality, also believes there is opportunity to drive revenue by activating hotel spaces with retail partnerships. As a result, hotels will maximise partnerships with retailers and become more multifaceted in their approach,” he says. percentage points.

Travel 124

Travel Hotels Branding Consumer 124

SiteMinder

JUNE 26, 2024

While revenue management is more focused on a hotel’s pricing and availability to maximize revenue, revenue optimization takes a broader approach to include a full range of revenue sources that includes food and beverage, spa services, events, classes, and other ancillary revenues.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

Xotels

JULY 26, 2024

Beyond the Room: Ancillary Revenue Stream Last but not least, let’s dive into a side of hotel revenue that often gets overlooked but can be a serious game-changer for your bottom line: ancillary revenue streams. A positive online reputation can be a powerful driver of profitability for your hotel.

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59