Amadeus Hospitality

DECEMBER 3, 2024

The report highlights that hoteliers view increasing occupancy and improving operational efficiencies as key priorities, with 85% of hoteliers anticipating that personalization could help deliver over 5% in incremental revenue. As a result, the hotel saw a 46% increase in unique package bookings and an 8.9%

Ancillary Revenue 52

Ancillary Revenue Upsell Revenue Shopping 52

STAAH

MAY 16, 2023

Setting the right price for your hotel rooms is crucial for driving revenue and maximizing profitability. However, there are many factors that can influence your hotel’s pricing strategies. What is Hotel room pricing? What is Hotel room pricing? Hotel room pricing is a critical element of revenue management for hotels.

Revenue Management 98

Revenue Management Occupancy Upsell Revenue 98

SiteMinder

MARCH 24, 2025

Hotels in over 15 countries already use Visito, supporting guests from more than 140 countries worldwide. By simplifying communication and enhancing the guest experience, Visito allows hotels and rental properties to focus more on hospitality while cutting down on operational overhead.

52

52

Hotel Business

APRIL 5, 2024

One standout performer is Evansville, IN, where hotels are set to witness a more than fivefold increase in arrivals (505%) over the two dates, compared to the same period last year. Reflecting this surge in demand, SiteMinder’s figures show that the average cost of a hotel room in the city will be up 48.7% last year to $334.18

Occupancy 64

Occupancy Upsell Revenue Revenue Management 64

Hotel Speak

OCTOBER 24, 2024

San Diego, CA – Cloudbeds has today revealed plans to become the world’s first property management system (PMS) to connect every facet of hotel operations into a single intelligence network, powered by causal and multimodal AI. This level of decision intelligence simply hasn’t been available until now.”

Upsell 105

Upsell Hospitality Cancellation Forecasting 105

Hotel Management

JULY 2, 2024

It gives you data from only one income source and is based on an occupancy rate that’s also an incomplete representation. It’s a more flexible metric that allows you to analyze rooms only (which rooms have the best utilization to revenue ratio) or to track your entire hotel space.

Revenue Management 130

Revenue Management Revenue Management Hospitality 130

SiteMinder

MARCH 25, 2025

What is a hotel reservations manager? A hotel reservations manager oversees the entire booking process at a hotel. Their job is to ensure accuracy, efficiency, and a smooth experience for guestsall while complying with hotel policies and procedures. For hotel owners, the value of this role goes beyond daily operations.

52

52

Xotels

MARCH 3, 2025

Let’s be honestrunning a hotel while managing its revenue at the same time is a balancing act. So, let’s provide you with a list of revenue management tools to simplify managing your hotel so much easier: What are Revenue Management Tools? Proven results: Hotels working with Xotels have seen ADR increases of 10-25%.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

STAAH

APRIL 23, 2024

Let’s delve into some of the key trends shaping the future of revenue management in the hotel industry: 1. Hotel Revenue Management using Omnichannel Data In today’s interconnected world, harnessing omnichannel data is essential for optimizing revenue management strategies.

Revenue Management 109

Revenue Management Revenue Ancillary Revenue Management 109

Amadeus Hospitality

MAY 16, 2024

Several key themes emerged from the research, including a primary focus of investment on ‘improving operational efficiencies during times of high occupancy’ (43%). Nearly half of all those surveyed (49%) said they hope AI will be able to help them to identify and offer upsell opportunities to travelers at all stages of the booking process.

Upsell 124

Upsell Hospitality Revenue Travel 124

SiteMinder

SEPTEMBER 6, 2023

What are hotel promotions? Hotel promotions are tailored offers aimed at attracting guests and enhancing bookings. Table of contents Why should hotels offer booking promotions? Not only that, but they may spread the word to other potential guests, earning your hotel powerful social proof. Valentine’s Day or Christmas).

Hotels 105

Hotels Events Upsell Occupancy 105

SiteMinder

JUNE 12, 2024

For hotels, the ultimate aim of yield management is to increase revenue by leveraging the balance between supply (available rooms) and demand (guest bookings). By understanding and anticipating guest behaviour and market dynamics, hotels can optimise their pricing strategies to boost their bottom line.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Hotel Speak

JANUARY 25, 2024

Nearly 20% of guests checked in online, and one in five hotels diversified revenue by monetizing spaces beyond hotel rooms. The data is another proof point that occupancy levels have more than stabilized, making for a meaningful rise in RevPAR for our customers,” said Matt Welle, Mews CEO. For the U.S.

Average Daily Rate 103

Average Daily Rate Revenue Travel Upsell 103

SiteMinder

JUNE 26, 2024

Revenue optimization in hotels is a comprehensive strategy that accounts for all revenue streams and uses data to enhance the overall revenue performance of the business. It’s a holistic process that hotels can use to effectively manage pricing, inventory, distribution, customer demand, and more to promote revenue growth.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

Cloudbeds

DECEMBER 16, 2024

Imagine you have a new employee working at the front desk of your cozy hotel in the Alps. This enables hoteliers to create a comprehensive library of knowledge specific to their hotel and locate anything from a single search bar. Why is multimodal AI important for hotels? Watch the full video from Passport 2024.

Operations 52

Operations Hotels Upsell Forecasting 52

SiteMinder

JUNE 6, 2024

For instance, Diego De Ponga, Corporate Director of Revenue Management at Palladium Hotel Group, believes the classic definition of revenue management is unrealistic in today’s market, where selling inventory demands more flexibility. “I They would sell the same price to everyone and assume that 100% occupancy was the ultimate goal.

Revenue Management 98

Revenue Management Revenue Management Accommodation 98

Hotelogix

JANUARY 5, 2025

Google Ads help the hotels to enhance their online presence, increase direct bookings , and boost visibility on search engines. This guide explains how Google Ads can help you get more bookings and stand out from other hotels. This guide explains how Google Ads can help you get more bookings and stand out from other hotels.

Hotels 40

Hotels Display Ads Upsell Revenue 40

Hotel Speak

JULY 24, 2024

Hotel distribution has always been a critical aspect of the hospitality industry. Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. We look at where hotels can review distribution strategies to maximise market potential.

OTA 101

OTA Hotels Revenue Marketing 101

Cloudbeds

DECEMBER 2, 2024

One of the main challenges for hotels is creating accurate forecasts in the short, medium, and long term. Understanding future demand trends, their causes, and the guest segments driving them can help hotel revenue managers adjust room rates to boost occupancy and sales. The study analyzed booking data of U.S.

Forecasting 75

Forecasting Revenue Management Occupancy Revenue 75

Catala Consulting

MAY 17, 2024

However, an often overlooked element in this equation is the role of hotel reception staff. These frontline employees are instrumental in shaping the guest experience, impacting occupancy rates, and ultimately driving revenue. Training reception staff in upselling techniques is crucial for maximizing these opportunities.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

STAAH

FEBRUARY 6, 2024

What is a hotel overbooking strategy? The hotel overbooking strategy is a revenue management technique that hotels use to maximise occupancy and revenue. By deploying this strategy a hotel is insuring itself against possible cancellations by having secured guests who can fill cancelled bookings.

Overbooking 104

Overbooking Cancellation Upsell Revenue 104

Hotelogix

FEBRUARY 27, 2025

Introduction: The Hotelier’s Dilemma Imagine this: It’s the busiest night of the year at your hotel. With the increasing complexity of hotel operations , having a centralized system that automates reservations, housekeeping updates, and billing processes can make all the difference. Manual processes lead to costly errors.

Operations 40

Operations Services Hotels Revenue 40

Cloudbeds

OCTOBER 17, 2024

While you want them to choose your hotel (and ideally book through your website), you should also aim to maximize the performance of your booking channels to generate more revenue at lower acquisition costs. That’s the essence of a hotel distribution strategy. What is a hotel distribution strategy?

OTA 76

OTA Occupancy Hotels Revenue 76

Hotel Speak

FEBRUARY 11, 2025

With that in mind, it’s an opportune time for hotel operators to reassess their revenue strategies to capitalise on the influx of travellers. Historically, hotel performance has been measured by room-based metrics such as Revenue per Available Room (RevPAR), Average Daily Rate (ADR), and occupancy.

Hospitality 66

Hospitality Average Daily Rate Revenue Services 66

Cloudbeds

JANUARY 22, 2025

This makes it particularly relevant for businesses like hotels (but also restaurants, casinos, or airlines), which often face high rent expenses. In this article, we break down this key metric for hotels, providing tips to improve profitability and how technology can simplify reporting. Rent costs. Restructuring costs. in H1 2023.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

SiteMinder

SEPTEMBER 6, 2023

The online hotel booking process is how guests book and pay for a stay at your hotel. This process is made possible by your hotel’s website, open 24/7 to greet potential guests and turn their interest into confirmed stays. Table of contents Why is an online booking process important for hotels?

Hotels 98

Hotels Revenue Occupancy Services 98

Inn Quest

MAY 11, 2023

As we step into 2023, the hospitality industry is still reeling from the effects of the pandemic – which makes implementing hotel pricing strategies more important than ever. With travel restrictions lifted, hotels are gearing up to welcome guests again.

Revenue 88

Revenue Occupancy Hotels Marketing 88

STAAH

JANUARY 16, 2024

There is no set formula to increase a hotel’s revenue, it can be achieved by creating a good promotion plan, tapping into sources of ancillary revenue , upselling and other marketing strategies. Ancillary services such as restaurants, spa treatments, meetings and event spaces can generate more profit for your hotel.

Revenue 104

Revenue Ancillary Revenue Revenue Management Hotels 104

Little Hotelier

OCTOBER 17, 2023

What is hotel revenue? Hotel revenue is the income your business earns from selling rooms or other products and services to guests. This blog will give you all the best ideas on how to increase revenue at your hotel. You can also sell local products or run classes to give your revenue a boost. Which brings us to the next tip… 5.

Revenue 100

Revenue Hotels OTA Ancillary Revenue 100

Hotelogix

DECEMBER 19, 2024

Picture a system that displays your hotel's current status and forecasts its future. This is what hotel business intelligence software accomplishes. This guide will explore how hotel business intelligence operates, why it matters, and how it can boost your hotel management. You need real facts to decide things.

Business 40

Business Hotels Forecasting Revenue 40

Hotel Business

MAY 16, 2024

Several key themes emerged from the research, including a primary focus of investment on “improving operational efficiencies during times of high occupancy (43%).” Nearly half of all those surveyed (49%) said they hope AI will be able to help them to identify and offer upsell opportunities to travelers at all stages of the booking process.

Upsell 72

Upsell Revenue Occupancy Travel 72

Hotelogix

AUGUST 6, 2024

Moving from merely managing hotel revenue to maximizing profit is a critical transformation that ensures your property's long-term success. Here's a detailed guide on transforming your hotel's revenue management to focus on profit maximization. Train your staff to identify and capitalize on upselling opportunities.

Revenue 52

Revenue Management Upsell Target Marketing 52

Little Hotelier

NOVEMBER 20, 2023

What is a hotel CRM? A hotel CRM is a customer relationship management system, which helps hotels manage their relationships with guests. Hotel CRM software can be an effective tool for improving your hotel’s reputation, revenue, and efficiency. Let’s look at some of the best options available to your hotel.

Upsell 59

Upsell Hotels Occupancy Revenue 59

Little Hotelier

OCTOBER 30, 2024

What are hotel activities? Hotel guest activities are services offered by hotels to engage and entertain their guests, and to enhance the overall experience during their stay. these activities might take place at the hotel or be offered as off-site experiences. Learn more Why are guest activities important in hotels?

Upsell 59

Upsell Events Hotels Revenue 59

Cloudbeds

AUGUST 12, 2024

However, in the past few years, there has been a rapid acceleration of solutions as travelers become more sophisticated, with higher expectations , and hotels are expected to do more with less. RMS for all A significant result of the growing integration in hotel technology is the growing adoption of revenue management systems.

Hotels 98

Hotels Operations Revenue Management Revenue 98

SiteMinder

OCTOBER 10, 2023

Discount pricing is a revenue management strategy where prices are lowered temporarily or for certain conditions to attract guests and boost occupancy rates. By offering discounted prices, hotels aim to increase demand, especially during off-peak periods, without compromising on profitability. OTAs OTAs are a double-edged sword.

Occupancy 59

Occupancy Events OTA Revenue 59

SiteMinder

AUGUST 30, 2023

What is a hotel package? A hotel package is a curated bundle of amenities, services, and experiences designed to enhance a guest’s stay while offering added value. Far more than just a room booking, a hotel package aims to provide a holistic experience, often at a discounted rate compared to purchasing each element separately.

Hotels 98

Hotels Services Revenue Business 98