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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? What is Yield Management, Really? Sounds simple, right?

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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? What is Yield Management, Really? Sounds simple, right?

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article thumbnail

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? What is Yield Management, Really? Sounds simple, right?

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10 Smart Hotel Cost Control Ideas to Save Money

Hotel Speak

With the right approach, hotels can get their fair share of direct revenue and own valuable guest data that provides insights to take their strategy to the next level. Upselling and cross-selling: track guest preferences and booking history, allowing hotels to offer personalised upsell and cross-sell offers.

Hotels 59
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Hotel Revenue Management Strategies

Xotels

Making sure you get your fair share of direct bookings allows you to compete with OTAs and avoiding to pay the hefty commissions on those bookings. This information enables revenue managers to strategically target specific holidays or events with tailored offers and packages.

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KML Leadership Summit Tackles Industry Challenges

Hotelier Magazine

Dubbed “A Leadership Summit with a Twist,” the event brought together current leaders and tomorrow’s leaders to dialogue on the most important and pressing issues of the day. We have to be smart about how we steal more than our fair share of the talent that’s out there.” TORONTO — Kostuch Media Ltd.

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Top Revenue Management Strategies for Hotels

Xotels

Making sure you get your fair share of direct bookings allows you to compete with OTAs and avoiding to pay the hefty commissions on those bookings. This information enables revenue managers to strategically target specific holidays or events with tailored offers and packages.