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Maximising Hotel Profits Beyond Rooms

Hotel Management

Themed dining events, branded F&B products or package deals can encourage guests to dine in-house. Research by CBRE shows hotel revenue derived from F&B can contribute from 11% to 29% of total revenue , depending on your offering.

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How decision intelligence unlocks hotel data for better insights

Cloudbeds

For example, Cloudbeds Intelligence analyzes billions of future-looking data points, including competitor rates, events, holidays, and search information, combined with a property’s own data to understand how every combination impacts profit. DI can also be more proactive and suggest upsells tailored to guest profiles and booking patterns.

Upsell 105
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19 Event Trends That Will Shake Up Meetings & Group Business in 2019

Social Tables

What does it mean to be a part of the events industry in 2019? For venues and planners, that means looking into the crystal ball to get ahead of event trends and expectations. Here, we cover the top 19 trends which promise to shake up event planning and hospitality in 2019 and beyond. Well for starters, don’t blink.

Events 167
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Stadium Events: Elevating Events to the Biggest Stage

Social Tables

In the fast-paced world of event planning, seizing the attention of your attendees requires more than just an ordinary venue—it demands an experience that transcends the mundane. Enter: stadium events, where the grandeur of these iconic venues becomes the canvas for unforgettable gatherings. What defines a stadium event?

Events 78
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How to Master Upselling for Events, Functions, and Private Dining with Tripleseat Floorplans

Hotel News Resource

Upselling isnÕt just a strategy - itÕs an art. Whether you manage a boutique hotel, a bustling restaurant, or a unique venue, finding the perfect balance between enhancing guest experiences and increasing revenue is key to long-term success.

Upsell 40
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Songkran Booking Boom: Make Your Hotel the First Choice This Festive Season

eZee Absolute

Be it luxurious accommodations, exclusive dining, or wellness experiences, Songkran visitors crave it all. Use AI to track their past bookings and suggest tailored offers, such as room upgrades or access to Songkran-themed events based on their history. During Songkran, travelers dont just stay longer; they spend more.

Upsell 52
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Effective Hotel Sales Strategies to Increase Revenue

Hotelogix

Read also: Guide on Customer Retention in Hotel Industry Encourage Group Bookings: Offer discounts or packages for weddings, business events, or group travel bookings. For example, you can charge higher rates when demand is high, like during peak seasons or local events, and lower rates when your hotel has empty rooms.