SiteMinder

JANUARY 8, 2025

A bed bank is a business-to-business (B2B) travel provider that connects hotels with travel distributors, such as online travel agencies (OTAs) and tour operators. By collaborating with bed banks, hotels gain access to international markets and diverse travel audiences. What is a bed bank?

OTA 96

OTA Occupancy Revenue B2B 96

Cloudbeds

NOVEMBER 15, 2024

For years, the gold standard guiding business strategies for hotels has relied heavily on historical data, analyzed a few times a year (at best), making it difficult to swiftly respond to changing market conditions. Capture and analyze historical data and predictions of future trends to design timely and relevant marketing campaigns.

Upsell 105

Upsell Occupancy Revenue Management Revenue 105

Cloudbeds

JANUARY 22, 2025

This makes it particularly relevant for businesses like hotels (but also restaurants, casinos, or airlines), which often face high rent expenses. Business intelligence software To improve EBITDAR, teams can use business intelligence software to collaborate, identify opportunities to reduce costs, and find ways to increase revenue.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

Cloudbeds

MARCH 15, 2023

They’re typically made on a hotel’s website or other direct booking channels, like email, the sales team, social media , or through messaging tools like WhatsApp or Messenger. With direct bookings, lodging operators own their guest data and can pick and choose what information they collect during the booking process.

OTA 98

OTA Revenue Sales Hotels 98

MediaBoom

MARCH 27, 2023

Luxury hotel marketing is a specific type of marketing that is developed to attract a distinct group of consumers. These consumers are seeking exceptional and unique experiences, spacious and well-appointed accommodations, outstanding customer service and the highest quality of everything from food to furnishings.

Hotel Marketing 52

Hotel Marketing Market Marketing Consumer 52

MediaBoom

APRIL 2, 2024

Elevate Your Luxury Brand Today Schedule Your Free Consultation Seeking to elevate your luxury business? Secure your exclusive, free consultation with our luxury marketing experts today. Local SEO: Since real estate agents often appeal to local markets, having an optimized Google Business profile is key.

Real Estate 52

Real Estate Marketing Market Marketing Strategy 52

MediaBoom

MARCH 14, 2024

A staggering 75% of consumers admit to judging a business’s credibility based on its website design. In this way, you make sure it ranks in the top positions when someone searches for relevant keywords related to your hotel business. Secure your exclusive, free consultation with our luxury marketing experts today.

Digital Marketing 68

Digital Marketing Services Market Marketing 68