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Maximizing Hotel Revenue: How Software Solutions Drive RevPAR Growth

Fuel Travel

Look at strategies to optimize guest spending via add-ons, services, and amenities. This KPI is a calculus of the total revenue generated per available room over a specific period. Optimize Revenue Channels: Diversify revenue streams by exploring additional offerings such as ancillary services, packages, and experiences.

Revenue 91
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Retargeting Ads – Bring Paying Customers Back

MediaBoom

How Retargeting Works When a user visits your website, they might consider using your product or service, but navigate off the page. Marketers who use a variety of audience lists through the Meta platform and first-party email lists find they get a better ROI on their retargeting efforts.

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Video Ads – How Brands Can Benefit From Engaging Video Ads

MediaBoom

Video ads are short or longer-form advertisements promoting a company, product, and/or service. More so, 92 percent of the marketers surveyed correlated a better ROI with the use of video ads. Mediaboom’s paid advertising services can help your business harness the power of video advertisements. What Are the Goals of Video Ads?

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150 – Introducing: Guest Experience Snapshot powered by TMG OneView®AI

Travel Media Group

And I think that’s really sort of industry standard where we get a metric or a KPI, we sit on that, we manage to that. And in some ways you sort of lose like what that KPI is for. So you’re sort of like almost the purpose for your improvement of a KPI is the KPI. Instead of for what the KPI was originally for.

KPI 52
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Utiliser la communication automatisée pour améliorer l’expérience client dans les hôtels

Experience Hotel

L’industrie hôtelière, marquée par une concurrence accrue et des attentes élevées en matière de service client, requiert un suivi précautionneux et une approche personnalisée. Une gestion proactive de ces éléments peut significativement influencer la perception du marché et le succès d’un établissement.

OTA 52
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What is a hotel CRM system: Benefits, features, and top 10 providers

Cloudbeds

For hotels, a CRM fosters a profound understanding of each customer, anticipates their needs, and delivers outstanding service, leading to satisfied guests and enduring relationships. Hotels can optimize their customer interactions and improve their customer service and marketing approach by automating processes across different departments.

Sales 52
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8 Revenue Management Trends that Define 2024 & Beyond

Xotels

Get ROI from Underutilised Areas: Got an empty space in your hotel? Turn it into a coworking space, a self-service kiosk, an event room—you name it. TRevPAR: A Holistic View of Performance TRevPAR ( T otal R evenue P er A vailable R oom) has been a K ey P erformance I ndicator ( KPI ) for a while now.