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Understanding ARI: A key metric in hotel management

Cloudbeds

This index can vary according to the business strategy, and factors impacting it include the average daily rate (ADR) , occupancy rate, quality of services offered, marketing strategies, reputation, and more. This comparison is essential to determine whether pricing and marketing strategies are effective.

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10 Smart Hotel Cost Control Ideas to Save Money

Hotel Speak

Reinvent your Marketing Strategy Hotels can reinvent their marketing strategy by adopting a data-first approach and building sophisticated tools to make better-informed decisions. This approach can lead to the creation of fresh revenue streams, heightened competitiveness, and a renewed brand appeal.

Hotels 59
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How to Really Make Money with a Hotel: Maximizing Hotel Profit

Xotels

As someone who spent his fair share of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. What events drive demand in your area? Segment Your Market: Not all guests are created equal.

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How to Really Make Money with a Hotel: Maximizing Hotel Profit

Xotels

As someone who spent his fair share of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. What events drive demand in your area? Segment Your Market: Not all guests are created equal.

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How to Really Make Money with a Hotel: Maximizing Hotel Profit

Xotels

As someone who spent his fair share of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. What events drive demand in your area? Segment Your Market: Not all guests are created equal.

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153 – TMG Hospitality Trailblazers: Jason Pirock

Travel Media Group

So this is a smaller footprint for us with 17 keys, but great restaurant that’s getting ready to relaunch right on the water event space. What’s the relationship with social, with Springboard Hospitality and social media, and what role does it play in your overall marketing strategy? It’s absolutely stunning.