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. Remember to track these costs as you test different ways to drive direct bookings.

OTA 98

OTA Revenue Sales Hotels 98

Cloudbeds

JANUARY 22, 2025

This is particularly important in an asset-heavy industry like hospitality, where seasonal demand and operating costs can vary widely. F&B or events), tap into new market segments such as corporate or family groups, and implement upselling/cross-selling. However, EBITDAR also has two limits to take into account: 1.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

Cloudbeds

OCTOBER 17, 2024

Offline networking While online marketing is essential, you shouldn’t discount the power of offline networking to learn about how other hoteliers in the hospitality industry are operating, make your hotel brand known, and attract more group business. Voice channel Thought the voice channel was dead? Think again.

OTA 76

OTA Occupancy Hotels Revenue 76

Cloudbeds

DECEMBER 17, 2024

Marketing and communication preferences Ensure you communicate with your guests via their preferred channels (i.e. You can use this information to send booking confirmations, upsell opportunities, and in-stay messages. FREE PLAYBOOK Increase revenue with personalized upsells throughout the guest journey.

Market 40

Market Marketing Upsell Revenue 40