Xotels

JULY 26, 2024

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. It’s about understanding that a hotel room isn’t a static product with a fixed price tag.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Xotels

APRIL 3, 2024

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Article Summary: What is the Definition of Revenue Management? Why is Revenue Management Important to Hotels & Other Industries?

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Xotels

APRIL 3, 2024

Questioning when and where your demand will come, who will be booking at your property, which hotels will you have to compete, and identifying challenging periods or seasons are important to manage expectations. Mapping out these questions out in your strategy will help to set realistic goals.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Inn Quest

JUNE 8, 2023

AI-Driven Room Customization: Thanks to AI in hospitality, creating intelligent systems that automatically adjust various aspects of a hotel room based on user preferences, environmental conditions and real-time data is no longer a pipe dream. To learn about the benefits of yield management in the hotel industry, read this.

Hospitality 54

Hospitality Services Upsell Operations 54

Hotelogix

JANUARY 29, 2025

Real-time insights : Smart systems provide instant data on everything from occupancy rates to energy consumption, allowing for quick, informed decision-making. Occupancy sensors : Save energy and plan housekeeping better. Predictive analytics to optimize occupancy Booking pace analysis : Spot trends to adjust marketing and pricing.

Management 58

Management Hospitality Hotels Services 58

Xotels

DECEMBER 12, 2024

By understanding what hotel distribution channels are and how they work, you can optimize your hotels visibility, reach, and bookings while keeping profitability at the forefront. Bridging the gap between hotel marketing and distribution. Free AI-powered Hotel Marketing Driving people from trip inspiration to booking.

OTA 40

OTA Global Distribution System Revenue Revenue Management 40

Xotels

APRIL 3, 2024

Ultimately, prioritising achieving a fair share of direct sales empowers hotels to establish stronger control over guest data to increase profitability, and maintain autonomy over their brand image and customer experience. This is one of the first steps when creating a revenue management strategy, performing thorough market research.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40