Hotel Business

JANUARY 15, 2025

An AI-powered procure-to-pay platform designed for the hospitality industrydesigned with help from a former hotelierhas just received funding that it says will help it continue to make the process easier for hoteliers. Purchasing is one of the most difficult challenges facing hoteliers.

Operations 59

Operations Resorts Hospitality Management 59

STAAH

DECEMBER 12, 2023

Here are 8 smart pricing strategies for hotels to boost revenue and drive more bookings during the holiday season The holiday season marks a period of increased travel, festive cheer, and heightened demand in the hospitality industry. Craft targeted marketing campaigns that resonate with specific audience segments.

Target Marketing 104

Target Marketing Cancellation Revenue Forecasting 104

MediaBoom

AUGUST 1, 2024

After what amounted to be a rough period from the COVID-19 pandemic, the hospitality and tourism industry has bounced back healthily. How do you make marketing for hospitality and tourism successful? How do you make marketing for hospitality and tourism successful? Research and target local keywords.

Tourism 94

Tourism Market Marketing Hospitality 94

Revinate

JULY 24, 2024

This article was originally developed and published for Hospitality Net's Data and Business Intelligence Thematics. The post How to activate different data sources for hotel revenue appeared first on Revinate. The post How to activate different data sources for hotel revenue appeared first on Revinate. Read more here.

Revenue 52

Revenue Target Marketing Hotels Marketing 52

Refine

OCTOBER 9, 2023

Hospitality is awash with data. From pricing analysis to targeted marketing, from occupancy rates to guest engagement, every hotelier knows that metrics are important – but how do you sort the interesting from the invaluable? What to Do with the Hotel Data?

Target Marketing 105

Target Marketing Occupancy Hotels Marketing 105

gcommerce

AUGUST 27, 2024

When it comes to luxury hospitality, every empty room represents a missed opportunity and mastering the art of revenue management is paramount. The role of revenue management in luxury hospitality At the core of revenue management lies the art of optimizing room rates and availability to maximize revenue.

Revenue Management 52

Revenue Management Revenue Management Digital Marketing 52

Hotelogix

NOVEMBER 28, 2024

Ever wondered why some hotels consistently outperform their competitors, even in challenging market conditions? The secret often lies in their ability to master market segmentation - a strategy that's becoming increasingly crucial in today's diverse hospitality landscape. 

Hotel Marketing 40

Hotel Marketing Marketing Market ROI 40

Little Hotelier

FEBRUARY 25, 2024

What is revenue management consulting? Revenue management consulting is specialised expertise that a business can bring in to gain guidance on managing and optimising revenue. An investment in hotel revenue management services is therefore one that can quickly deliver an attributable return.

Revenue Management 52

Revenue Management Revenue Services Management 52

SiteMinder

AUGUST 1, 2024

A well-crafted hotel business plan is essential for laying the foundation for success in the competitive hospitality industry. SiteMinder’s platform empowers you to execute your hotel business plan seamlessly and drive revenue growth. Marketing and sales plan You’ve set the scene, now let’s start the production.

Business 95

Business Revenue Hotels Occupancy 95

STAAH

OCTOBER 15, 2024

Additionally, it provides valuable insights into booking patterns and performance across various channels, helping hotels make better decisions to optimize revenue. Revenue Management Software (RMS) Revenue Management Software (RMS) optimizes room pricing by analyzing market trends, competitor pricing, and demand patterns.

Operations 109

Operations OTA Overbooking Revenue 109

Catala Consulting

JANUARY 8, 2024

Introduction Revenue Management Systems (RMS) are the cornerstone of modern hospitality and travel industries. This article will explore the evolution of RMS, highlighting key developments and the impact on the hospitality industry. Initially, these were simple, focusing on basic principles of supply and demand.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

eZee Absolute

MAY 13, 2024

Well, the answer lies in how well you’re using your Hotel Revenue Management System (RMS) reports. But with so many reports available, how do you find the ones essential for maximizing your hotel’s revenue? By utilising these RMS reports, revenue managers can make informed decisions to adjust pricing strategies accordingly.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Hotelogix

JULY 11, 2024

As an independent hotel owner, you understand the challenges of driving revenue in a competitive market. In this blog, we will delve into different aspects of hotel revenue management and explore top tips and tricks to help you optimize your hotel’s revenue potential. 

Revenue Management 52

Revenue Management Revenue Management Hotels 52

Travel Media Group

JULY 19, 2023

Podcast host Ryan Embree welcomes the newest addition to the TMG Hospitality Trailblazers series, Mauri Berry, Vice President of Marketing & Digital Strategy at Remington Hospitality! Suite Spot Podcast · 116 – TMG Hospitality Trailblazers: Mauri Berry Episode Transcript Our podcast is produced as an audio resource.

Hospitality 97

Hospitality Marketing Market Business 97

Hotelier Magazine

DECEMBER 17, 2024

This illumination is facilitated with hotel market segmentation, a key component of a viable hotel revenue-management strategy. IHG is a great practitioner of market segmentation, says Tarandeep Singh, regional VP of Commercial, Marketing & Revenue Management, Canada, IHG Hotels & Resorts.

Revenue Management 52

Revenue Management Revenue Market Marketing 52

SiteMinder

MARCH 17, 2025

The hotel director sets expectations for service, supports team performance, and ensures the property is meeting its revenue and occupancy targets. A capable hotel director ensures smooth operations, consistent guest experiences, and steady revenue growth. This helps you maximise occupancy while driving higher revenue per room.

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52

Hotelogix

FEBRUARY 5, 2025

Hotels should pick OTAs that match their target market and give good terms. Investing up front to create amenities that cater to work-play guests: Allocate resources to develop facilities and services that appeal to bleisure travelers, balancing initial investment with the potential for increased revenue and guest satisfaction.

Travel 40

Travel OTA Hospitality Business 40

Hotel Business

MARCH 14, 2024

Oracle has introduced its Oracle OPERA Cloud Central , an all-in-one hospitality platform unites data and functionality from OPERA Cloud’s modules under a common user interface and experience. The post Oracle offers all-in-one hospitality solution appeared first on hotelbusiness.com.

Hospitality 59

Hospitality Sales Business Target Marketing 59

Social Hospitality

MARCH 27, 2023

Optimization can improve your return on investment (ROI) and drive more sales and revenue for your business. Once you’ve gathered these insights, you can reference them directly while marketing your products to your ideal customers, creating a more personalized message and increasing the likelihood of customers converting.

Cost Per Click 130

Cost Per Click ROI Market Research Target Marketing 130

STAAH

MARCH 19, 2024

In the competitive hospitality industry, securing direct bookings is vital for hotel success. They enable personalized experiences, data collection, and targeted marketing efforts. Therefore, developing effective strategies to boost direct bookings is paramount for long-term success in the hospitality industry.

Target Marketing 104

Target Marketing Accommodation Marketing Market 104

SiteMinder

NOVEMBER 18, 2024

Generate a positive ROI for your hotel with SiteMinder See how you can maximise revenue at every touchpoint of the guest journey with SiteMinder’s leading hotel platform. However, one of the most efficient ways to do it is by using technology to support the operations and revenue management of your hotel.

ROI 96

ROI Revenue Management Revenue Hotels 96

Inn Quest

SEPTEMBER 5, 2023

Hotel inventory management is the process of efficiently overseeing and optimizing a hotel’s available resources including rooms, services and facilities, to maximize revenue and guest satisfaction. Food and Beverage: Restaurants, bars and room service are vital revenue streams.

Management 87

Management Overbooking Revenue Hotels 87

Cloudbeds

APRIL 15, 2024

The hospitality industry is notorious for the number of time-consuming and tedious tasks that must be completed every single day. Oftentimes, these tasks overpower hotels’ ability to invest in proper guest communication, marketing activities, and revenue management , which significantly impacts performance and profitability.

Revenue Management 98

Revenue Management Hotels Operations Revenue 98

eZee Absolute

SEPTEMBER 13, 2023

Running a hotel is a fantastic journey, but it also requires you to stay on your toes as the hospitality landscape continuously evolves. Alternative Accommodations Changing consumer behaviour in choosing alternative accommodations in the hospitality industry is marked by a significant shift away from traditional hotels.

Consumer 59

Consumer Hospitality Hotels Accommodation 59

Hotelogix

SEPTEMBER 21, 2022

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Revenue 64

Revenue Branding Target Marketing Hotels 64

Hotel Business

JANUARY 16, 2024

We are now expanding to other ownership groups while focusing on specific target markets where we have a competitive advantage and that will enable us to generate superior operating performance.” “Such a strategic move underscores our commitment to adaptability.

Services 64

Services Management Target Marketing Operations 64

Xotels

MAY 27, 2022

The hospitality industry has undergone a seismic transformation since 2020. As a hotel management company with clients around the world, we have seen these trends in the tourism and hospitality industry take shape and evolve. This article about Hospitality Trends includes: Total guest experience. Growing non-core markets.

Hospitality 52

Hospitality Business Marketing Market 52

Cloudbeds

OCTOBER 23, 2024

Unveiled at Cloudbeds’ Passport User Conference on October 23, the technology provider’s first-of-its-kind ‘smart hospitality engine’, Cloudbeds Intelligence , will sit at the core of its platform, empowering hoteliers with real-time insights and actionable recommendations across their entire operations.

Upsell 40

Upsell Hospitality Cancellation Forecasting 40

Cloudbeds

JUNE 23, 2023

In a world that can not wait, hotel chatbots have become hoteliers’ best allies in providing excellent guest experiences while generating bookings and additional revenue. They are also a great resource to streamline processes and a valuable solution for the ever-going staffing crisis in the hospitality industry.

Upsell 98

Upsell Services Hotels Target Marketing 98

Cloudbeds

MARCH 3, 2023

A POS system lets you quickly process and record transactions across your property to improve the guest experience, streamline operations , and conduct better revenue management. POS software plays an essential role in the hospitality industry, and the global POS software market is predicted to reach $19.56 billion USD by 2028.

Sales 98

Sales Hotels Revenue Services 98

Hotelogix

SEPTEMBER 19, 2024

Understanding the difference between online booking and travel agency services is crucial for hotel owners and managers looking to optimize their revenue streams. As the hospitality landscape evolves, knowing how to navigate these channels can significantly impact your occupancy rates and overall profitability.

Travel 52

Travel OTA Target Marketing Occupancy 52

Hotelier Magazine

FEBRUARY 11, 2025

Lack of targeted marketing in key U.S. Close Municipal Accommodation Tax loopholes to strengthen destination marketing and municipal revenue. Market & Tariff Survey appeared first on Hotelier Magazine. Misinformation about border crossing requirements continues to deter U.S.

Market 69

Market Marketing Tourism Business 69

Cloudbeds

MARCH 23, 2023

Why eCommerce is important for lodging operators According to Statista , 69% of total revenue from the global travel and tourism market is booked online, representing approximately $475 billion in revenue in 2022 and forecasted to surpass $521 billion in 2023. Experiment with metasearch marketing.

OTA 98

OTA Digital Marketing Marketing Market 98

Hotelier Magazine

JANUARY 24, 2024

Even in the context of hospitality, we say “customer” instead of “guest” because one of the key roles of a CRM is to connect all the different profit centres on-premises via APIs [application programming interface] into unified customer profiles,” says Adam Mogelonsky, partner, Hotel Mogel Consulting Limited.

Business 59

Business Hospitality Email Marketing Management 59

Intelity

MARCH 8, 2023

Integrating existing casino loyalty programs and in-app gaming into a branded mobile app for your property enhances the guest experience and drives additional revenue When it comes to casino hotel customer retention, casino loyalty programs are key. Enter branded mobile apps. Request a demo today.

Casinos 57

Casinos Branding Dining Revenue 57

gcommerce

DECEMBER 4, 2023

We will explore effective ways to maximize your hotel's GA4 implementation, enabling you to make data-driven decisions, improve operational efficiency, and drive revenue growth. Leverage GA4’s Audience Insights for Targeted Marketing GA4's audience insights feature offers a wealth of information about your hotel's website visitors.

Average Daily Rate 52

Average Daily Rate Target Marketing Marketing Strategy Hotels 52

Inn Quest

JULY 10, 2023

Wondering how to map out the perfect hotel market segmentation strategy that keeps your hospitality business ahead of the curve? As markets continue to prioritize brands that cater to individual preferences the best, every business’s success depends on how well it offers personalized experiences to end-users.

Hotel Marketing 52

Hotel Marketing Marketing Market Target Marketing 52