SiteMinder

JUNE 26, 2024

Primary revenue streams Room reservations Online Travel Agencies Global Distribution System (GDS) Corporate/Group Booking’ Channel Management 2. Secondary revenue streams Food and Beverage Events and meetings spaces Spa and wellness services Parking and transportation Retail and gift shops Recreational activities 3.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

Cloudbeds

JANUARY 22, 2025

Optimize revenue Increase ADR and RevPAR using an RMS (revenue management system) , diversify revenue streams (e.g., F&B or events), tap into new market segments such as corporate or family groups, and implement upselling/cross-selling. Improve marketing and distribution Optimize distribution channels to reduce sales commissions.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

SiteMinder

JANUARY 8, 2024

Determine guest behaviours – If you notice that female guests correlate with more retail revenue in the hotel, think about implementing promotions during these periods to bolster sales even more.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

Determine guest behaviours – If you notice that female guests correlate with more retail revenue in the hotel, think about implementing promotions during these periods to bolster sales even more.

Operations 52

Operations Management OTA Hotels 52