Cloudbeds

NOVEMBER 15, 2024

If there’s a sudden change, for example, an influx of last-minute bookings hits the system, the platform can enable revenue managers to adjust room rates dynamically to maximize revenue. DI can also be more proactive and suggest upsells tailored to guest profiles and booking patterns. Why it’s important for hotels?

Upsell 105

Upsell Occupancy Revenue Management Revenue 105

Cloudbeds

JANUARY 22, 2025

Business intelligence software To improve EBITDAR, teams can use business intelligence software to collaborate, identify opportunities to reduce costs, and find ways to increase revenue. 7 tips to improve EBITDAR As a profit metric, EBITDAR can be improved in two ways: increasing revenue and reducing costs.

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. Utilize a variety of rate plans Incorporating a variety of rate plans as a part of your revenue management strategy gives travelers more options and flexibility to choose what best suits their needs (and helps you better manage occupancy).

OTA 98

OTA Revenue Sales Hotels 98

Cloudbeds

OCTOBER 17, 2024

When integrated with the hotel’s booking engine, these chatbots effectively become virtual sales representatives that provide real-time information on room availability, rates, and upsells and even allow visitors to complete their booking directly through the chat window.

OTA 76

OTA Occupancy Hotels Revenue 76

Cloudbeds

DECEMBER 17, 2024

8 key components of guest profiles Guest profiles must be easily accessible and provide all of the necessary information to support your front desk, marketing, guest experience, and revenue management teams. Marketing and communication preferences Ensure you communicate with your guests via their preferred channels (i.e.

Market 40

Market Marketing Upsell Revenue 40