Remove Dining Remove Occupancy Remove Overbooking
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Effective Hotel Sales Strategies to Increase Revenue

Hotelogix

The right sales tactics can help increase revenue, boost occupancy rates , and ensure guests have a positive experience. A loyalty program can encourage guests to keep coming back, which boosts your occupancy rate. Cross-Sell Other Services: Offer guests extra services like spa treatments, dining experiences, or local tours.

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Must-Have Software for Hotels: Improve Operations & Guest Experience

STAAH

A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies. Hotels using this integration have reported reduced overbookings and better room occupancy rates.

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A Concise Guide to Hotel Inventory Management

Inn Quest

By implementing an inventory tracking system, hotels can minimize underbooking, reduce overbooking risks, set competitive prices and provide a seamless guest experience, ultimately leading to increased revenue and improved operational efficiency. This prevents overbooking and rate disparities, enhancing the guest experience.

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Late bookings: Guide to last minute bookings for hotels

SiteMinder

While they can be a wild card in the hotel management game, they offer a unique opportunity to maximise occupancy and revenue. Last-minute hotel room bookings have a range of benefits including: Maximised occupancy : Filling rooms at the eleventh hour ensures that you’re making the most of your available inventory.

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Top 10 Revenue Management Tools: The Ultimate Revenue Toolkit

Xotels

Revenue management tools are software and systems that help hotels optimize pricing, control cost , maximize occupancy, and increase profitability. It monitors guest reservations, room occupancy, and overall performance metrics. That’s a recipe for overbookings and lost revenue. What Are Revenue Management Tools?

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What is Yield Management: Guide for Hotels

SiteMinder

This includes offering tailored packages, suggesting room upgrades, promoting in-house dining experiences, and even curating special entertainment events. Optimising Occupancy : Hotels have a fixed number of rooms, making it essential to ensure high occupancy rates. Our smart hotel platform helps you do exactly that.

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What to Look for in Hotel Management Software – A Complete Guide for Hoteliers

Hotelogix

By generating reports and analytics, the PMS provides valuable insights into occupancy trends , revenue performance, and guest preferences. This synchronization minimizes the risk of overbookings and ensures optimal room distribution. This makes it indispensable for streamlining operations and creating memorable guest experiences.