SiteMinder

JUNE 12, 2024

This includes offering tailored packages, suggesting room upgrades, promoting in-house dining experiences, and even curating special entertainment events. This involves tracking key performance indicators (KPIs) like Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Gross Operating Profit Per Available Room (GOPPAR).

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Catala Consulting

MAY 17, 2024

Cross-Selling Hotel Amenities Beyond room upgrades, reception staff can also promote other hotel amenities such as spa services, dining options, and local tours. The hotel reported a 15% increase in occupancy rates and a 10% increase in average daily rate (ADR) within the first year of implementation.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

Cloudbeds

JUNE 5, 2024

That’s when reputation pricing comes in, allowing revenue managers to increase metrics like ADR (average daily rate) and, ultimately, RevPAR ( revenue per available room ). The connection between reputation and rates Several research studies have confirmed the connection between reputation and rates.

Revenue Management 52

Revenue Management Revenue Occupancy Average Daily Rate 52

MediaBoom

AUGUST 6, 2024

Additionally, wellness is a growing priority, with hotels offering amenities like on-site spas, fitness centers, and wellness-focused dining options. Key metrics to track include brand awareness , guest satisfaction , social media engagement , and revenue-related KPIs like average daily rate (ADR) and occupancy rate.

Branding 92

Branding Hotels Services Marketing 92

Up Hotel

SEPTEMBER 7, 2021

For instance, if your hotel features lots of family-friendly amenities like a creche or daycare centre and family-friendly dining, consider building this into your paid search campaigns as callout extensions or even build a landing page for family-friendly stays at your hotel.

Digital Marketing 52

Digital Marketing Market Marketing OTA 52

SiteMinder

DECEMBER 20, 2023

Simply multiply your predicted average daily rate (ADR) by your occupancy rate. How to run a hotel restaurant A great hotel restaurant will not only be a drawcard for guests, it will also attract the locals who are looking for another dining option.

Business 59

Business Hotels Management Revenue 59

SiteMinder

JANUARY 8, 2024

Quick service establishments engage in offering snack foods, whereas catering businesses and restaurants can lean towards a casual take-away experience or seated fine-dining. With customers expecting some sort of dining service from hotel accommodations, it has become almost a standard practice to provide.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

Quick service establishments engage in offering snack foods, whereas catering businesses and restaurants can lean towards a casual take-away experience or seated fine-dining. With customers expecting some sort of dining service from hotel accommodations, it has become almost a standard practice to provide.

Operations 52

Operations Management OTA Hotels 52

SiteMinder

SEPTEMBER 6, 2023

This allows you to maintain or even increase your average daily rate (ADR). With the guest already committed to staying at your hotel, targeted offers for room upgrades, spa treatments, or dining options can be sent via email or app notifications. This not only increases revenue but also enhances the guest’s stay.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

Little Hotelier

DECEMBER 11, 2024

By incorporating glamping, property owners can attract new traveller segments, extend their seasonal offerings, and command higher rates for unique experiences. Its important to offer packages that combine glamping with experiences like private dining, spa treatments, or local tours.

Accommodation 59

Accommodation Average Daily Rate Travel ROI 59

AskSuite

MARCH 26, 2025

By integrating key performance indicatorssuch as occupancy rates, average daily rate (ADR), revenue per available room (RevPAR), and booking windowsinto one intuitive platform , hoteliers gain valuable insights into past performance and emerging trends.

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