Cloudbeds

NOVEMBER 15, 2024

For hotels, this includes making dynamic rate suggestions and identifying segments and offers for marketing campaigns. For inventory tracking, it factors in booking trends, event schedules, and even guest profiles to accurately predict supply usage and automate restocking orders at the right time.

Upsell 105

Upsell Occupancy Revenue Management Revenue 105

Cloudbeds

JANUARY 22, 2025

Calculating EBITDAR: Step-by-step Lets take the example of a hotel that last year generated total revenue (from rooms, F&B, events, and other ancillary sources) of $4,500,000. F&B or events), tap into new market segments such as corporate or family groups, and implement upselling/cross-selling.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

Cloudbeds

MARCH 15, 2023

Second, you still have to invest in marketing efforts to attract travelers and remain competitive. This gives travelers the opportunity to customize their experience, which can lead to an increase in direct bookings, revenue, and guest loyalty.

OTA 98

OTA Revenue Sales Hotels 98

Cloudbeds

OCTOBER 17, 2024

Dedicated groups & events page A simple way to secure more group business is to add a groups & events page to your website, where you can outline your USP and explain why you’re a great fit for certain groups. Integrated payment system The days of cash payments and taking cards over the phone are gone in the hotel industry.

OTA 76

OTA Occupancy Hotels Revenue 76