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Why eCommerce is important for lodging operators According to Statista , 69% of total revenue from the global travel and tourismmarket is booked online, representing approximately $475 billion in revenue in 2022 and forecasted to surpass $521 billion in 2023. Choose the platforms that best meet your marketing objectives and budget.
It will give you key details such as risks, development costs, potential revenue, preferred targetmarkets, competitor analysis and more. PKF Hospitality Group : An international firm with broad experience covering the hotel, tourism, and leisure sectors. This might include risks such as being in a floodzone, for example.
In terms of hotel revenue management consulting, this guidance usually takes the form of more effective pricing – identifying and setting room rates that are alluring to your targetmarket and result in more bookings, while maximising the amount you earn from each booking.
From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. Travel and TourismTourism is different from hospitality as travel functions as a catalyst for people to spend more money on hospitality services.
From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. Travel and TourismTourism is different from hospitality as travel functions as a catalyst for people to spend more money on hospitality services.
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