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As someone who spent his fairshare 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. As a result, their occupancy increased by 20% during the shoulder season, and their overall revenue grew by 15%.
As someone who spent his fairshare 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. As a result, their occupancy increased by 20% during the shoulder season, and their overall revenue grew by 15%.
As someone who spent his fairshare 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. As a result, their occupancy increased by 20% during the shoulder season, and their overall revenue grew by 15%.
Making sure you get your fairshare of direct bookings allows you to compete with OTAs and avoiding to pay the hefty commissions on those bookings. Overbooking: although overbookings are often seen as a scary proposition, it’s an important strategy to maximise occupancy and achieve those elusive perfect fills.
With the right approach, hotels can get their fairshare 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.
Making sure you get your fairshare of direct bookings allows you to compete with OTAs and avoiding to pay the hefty commissions on those bookings. Overbooking: although overbookings are often seen as a scary proposition, its an important strategy to maximise occupancy and achieve those elusive perfect fills.
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