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Why a Delegate-Centric Strategy Is the Future of M&E Revenue

Demand Calendar

Growing revenue from meetings and events requires essential collaboration between Marketing, Sales, and Revenue Management : Marketing : Targets and attracts the right audiences and event types. Sales : Converts high-potential leads into booked events and upsells delegates on premium offerings.

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Ignorance means risks: What revenue management means for today’s hotels and the costs of neglecting it

SiteMinder

A quick search on the internet yields a wide range of definitions for ‘revenue management’. Some of these take a theoretical, almost academic approach and, in several instances, there are iterations of revenue management’s classic definition: ‘selling the right room, to the right guest, at the right time, for the right price’.

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What is Yield Management: Guide for Hotels

SiteMinder

What is Yield Management? Yield management is a pricing and revenue management strategy that is used to maximise business performance. It involves adjusting prices based on predicted demand and other external factors to maximise revenue or yield. Revenue management is the focal point for hotels in today’s climate.

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Hotel reservations manager: Job description and responsibilities

SiteMinder

With the support of tools like SiteMinder, reservations managers can manage high volumes of inquiries efficiently, allowing your hotel to capture more revenue while delivering a seamless booking experience. What does a hotel reservations manager do? Managing reservations doesnt have to be complicated.

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Oracle to bring OPERA Cloud to 2K Wyndham hotels

Hotel Business

That includes helping us deliver new innovations to hotels such as room upselling, integrated revenue management and mobile housekeeping management, among others, all on a global scale.” ” The post Oracle to bring OPERA Cloud to 2K Wyndham hotels appeared first on hotelbusiness.com.

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What is a booking engine? How to increase profitability and direct bookings

Cloudbeds

It can be customized to fit your brand, cater to international audiences with multi-language and currency options, and offer add-ons or upsells to help you increase revenue. Upsells and add-ons. With the Cloudbeds Booking Engine, your PMS and Channel Manager are automatically updated to prevent overbookings.

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Experts weigh in on technology expectations of today’s hotel guests

Hotelier Magazine

Employee pushback is another challenge to implementing technology in hotels says Greg Staley, general manager, E-Pro Bot Inc. Data remains a top priority as hotels leverage it to optimize targeted marketing, personalization, and revenue management. Simple tasks they miss, also means potentially massive missed revenue.