Xotels

MARCH 3, 2025

Let’s be honestrunning a hotel while managing its revenue at the same time is a balancing act. From making sure staff, guests, and smooth operations are all attended to, we can understand why revenue management so frequently gets put on the back burners. Cheers, Patrick Landman PS.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

SiteMinder

OCTOBER 10, 2023

For hoteliers, understanding cost-based pricing as a method for hotel pricing is crucial for setting room rates that not only cover the costs of operations but also provide a healthy profit margin. Table of contents Why do hotels use a cost-based pricing strategy?

Target Marketing 59

Target Marketing Revenue Yield Management Marketing 59

eZee Absolute

OCTOBER 11, 2023

Challenges Operating in a traditional manner, Sidus Galaxy Resort & Spa confronted several hurdles that hindered its growth. Foremost among these challenges was the absence of an integrated booking system and hotel management system.

Resorts 52

Resorts Management Sales Yield Management 52

Xotels

APRIL 3, 2024

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Article Summary: What is the Definition of Revenue Management? Why is Revenue Management Important to Hotels & Other Industries?

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Xotels

APRIL 3, 2024

Guest & Market Segmentation Hotel market segmentation is an important component of effective revenue management, allowing hotels to target diverse consumer groups based on their behaviours and budget levels. Each hotel must customise its segmentation strategy based on its market, property, and revenue management goals.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

SiteMinder

JULY 10, 2024

Ranging from 15 minutes to more than 60 minutes, hospitality podcasts can be hosted and consumed in a number of ways. And they serve a real purpose too, with 74% of listeners saying they consume podcasts to learn something new. These include dedicated podcast platforms, Apple and Spotify, YouTube, SoundCloud, and more.

Hospitality 52

Hospitality Hotels Digital Marketing Revenue 52

Cloudbeds

JULY 15, 2023

And even then, manually-managed distribution is risky: any delays in updating rates and availability on a channel’s extranet could mean selling a room that isn’t available or selling at a lower rate, which can lead to overbooking and sub-optimal yield management. What’s allotment ? What’s a closeout?

Management 76

Management OTA Cancellation Overbooking 76

Inn Quest

JUNE 8, 2023

Artificial intelligence (AI) is seamlessly integrating into hospitality experiences, redefining our expectations – from chatbots providing instant customer support to predictive analytics optimizing hotel operations. Hotels can now use machine learning to analyze data to anticipate guest needs, optimize pricing and improve operations.

Hospitality 54

Hospitality Services Upsell Operations 54

Xotels

DECEMBER 12, 2024

Use Technology Wisely: Implement tools such as channel managers and GDS platforms to streamline operations and improve efficiency. These channels connect hotels with travelers, enabling bookings through platforms like your hotels website, OTAs, GDS , and even traditional tour operators. What Are Hotel Distribution Channels?

OTA 40

OTA Global Distribution System Revenue Revenue Management 40

Xotels

MAY 30, 2024

For a more full picture including operational costs like cleaning into the mix, the KPI GOPPAR is used. It stands for Gross Operating Profit Per Available Room. This will give you a much better understanding of how much each channel and reservation is actually contributing to the bottom line.

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

Xotels

APRIL 3, 2024

Guest & Market Segmentation Hotel market segmentation is an important component of effective revenue management, allowing hotels to target diverse consumer groups based on their behaviours and budget levels. Each hotel must customise its segmentation strategy based on its market, property, and revenue management goals.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

SiteMinder

NOVEMBER 24, 2023

Evaluating SiteMinder reviews enables accommodation providers to determine its suitability for their specific needs and operational requirements, allowing them to invest in solutions that align with their business goals and increase overall efficiency, guest satisfaction, and revenue results. Brilliant job!”

Revenue 52

Revenue Revenue Management Management General Manager 52