Xotels

JULY 26, 2024

Offer Packages and Deals: Bundle rooms with other services, like breakfast, spa treatments, or local activities. 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.

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

Xotels

JULY 26, 2024

Offer Packages and Deals: Bundle rooms with other services, like breakfast, spa treatments, or local activities. 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.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Cloudbeds

NOVEMBER 15, 2024

This creates a more collaborative environment between departments that traditionally have separate goals, such as revenue managers and guest services or marketing and operations teams. DI can also be more proactive and suggest upsells tailored to guest profiles and booking patterns. Why it’s important for hotels?

Upsell 52

Upsell Occupancy Revenue Management Revenue 52

SiteMinder

JULY 29, 2024

Secondary sources of income might include food and beverage sales, amenity fees, health and wellbeing services, social classes, event and meeting spaces hires, or ticket sales to local attractions. You can also increase your room revenue by adding value via packages, running promotions, and offering extras and upsells.

Ancillary Revenue 52

Ancillary Revenue Revenue Revenue Management Hotels 52

Hotel Business

JANUARY 31, 2023

The changed structure of our development team means better allocation of resources and more dedicated attention on the details that will move the needle in meaningful ways.”

Ancillary Revenue 52

Ancillary Revenue Services Upsell Operations 52

Xotels

APRIL 3, 2024

Collaboration with other departments The Future: Total Revenue Management What is Revenue Management? For example, highlight amenities (bar, restaurant, spa, pool), and leverage packages (romantic, weekend, spa offer), to both expose why bookers should stay at your hotel, and generate ancillary revenue by promoting those offerings.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Catala Consulting

JULY 30, 2023

Investing in such technology significantly enhances the effectiveness of a resort’s revenue management strategy. Some resorts also turn to outsourced revenue management services. Such services might include dining, spa services, on-site entertainment, or event fees.

Revenue Management 52

Revenue Management Revenue Resorts Management 52

Little Hotelier

OCTOBER 17, 2023

What is hotel revenue? Hotel revenue is the income your business earns from selling rooms or other products and services to guests. While revenue is mostly generated from selling your rooms, you can also collect revenue from your amenities such as a bar, restaurant, gym, or spa.

Revenue 100

Revenue Hotels OTA Ancillary Revenue 100

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

SiteMinder

SEPTEMBER 10, 2024

These may include supplies, utilities, or laundry services. Revenue management Revenue management is a huge umbrella concept that deserves its own full guide but there’s a few key areas where you can boost revenue and profit: Optimise pricing: Make sure you are selling your rooms at the maximum value possible at all times.

Revenue 52

Revenue Revenue Management Occupancy Hotels 52

Hotel Speak

MAY 9, 2023

Implementing cost-saving measures: Based on the analysis, cost-saving measures are implemented in the areas where costs can be reduced without affecting the quality of service. Upselling and cross-selling: track guest preferences and booking history, allowing hotels to offer personalised upsell and cross-sell offers.

Hotels 59

Hotels Upsell Revenue Market 59

Social Tables

SEPTEMBER 21, 2017

You can use it as a casual marketing tool, letting guests learn more about your hotel, serving them exclusive offers, and even upselling other amenities during their stay. It’s another great way to generate ancillary revenue for your property. The benefit of these self-service check-in kiosks is two-fold.

Ancillary Revenue 60

Ancillary Revenue Hotels Upsell Revenue 60

SiteMinder

AUGUST 18, 2022

Using guest insights to improve your service above the competition. You can then try to generate extra revenue from upsells, extras, and other ancillary revenue. This allows you to understand if you are pricing your property correctly and make decisions that give you a competitive advantage.

Hotels 52

Hotels Revenue Ancillary Revenue OTA 52

StayNTouch

NOVEMBER 16, 2022

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. Not to state the obvious, but bookings and customer loyalty are ultimately driven by exceptional service and an amazing guest experience.

OTA 52

OTA Hotels Revenue Overbooking 52

Xotels

SEPTEMBER 22, 2022

Telephone and face-to-face are critical channels for hotels, even though, especially after the rise of online bookings, some hoteliers started considering them just operational services rather than commercial ones. Contact us for hotel management services to help build a solid plan to outperform your competition. Bunk Hotel Amsterdam.

Hotel Marketing 40

Hotel Marketing Marketing Market OTA 40