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Hotel rate shopping: How to use rate shopper software

SiteMinder

What is hotel rate shopping? Hotel rate shopping is the practice of tracking and monitoring hotel rates amongst your local market and competitors. Hoteliers use rate shopping to benchmark against other properties, optimise pricing decisions, and find opportunities to maximise revenue and profitability.

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Opening soon: The Keith Motel is set to make its Mornington Peninsula debut next month

Hotel Management

“We have a fantastic location, moments from the beautiful sandy arc of Rye Beach, but seemingly miles away in its own quieter ‘beach house’ ambience,” said Lisa Moloney, venue manager, The Keith. With the vibrant cafes, shops, and restaurants of Rye practically on our doorstep, there are myriad dining choices,” said Moloney.

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Exclusive: Veriu Group CEO talks Collingwood success, mixed-use developments, office conversions and more

Hotel Management

Then there’s a couple of shops on either side of our lobby which are intended for hospitality operators. A lot of the target [market] was around project-focused corporate opportunity. There is a small meeting space or boardroom, and we have a separate lobby and a separate entry point for the residents as well. It is a mix.

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Hotel revenue management strategies and solutions

SiteMinder

What is hotel revenue management? Hotel revenue management is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. What is the primary purpose of revenue management? Why is revenue management important for the hotel industry?

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How to start a hotel business plan

SiteMinder

Here’s what to include in your executive summary: Hotel concept: Briefly describe your hotel’s unique features, target market, and overall vision. Marketing strategy: Highlight your key marketing initiatives, such as online advertising, social media engagement, or partnerships with travel agencies.

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Hotel Management: Meaning, Types, and Operations

SiteMinder

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities.

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Hotel Management: Meaning, Types, and Operations

SiteMinder

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities.