SiteMinder

MAY 18, 2022

In this edition we spoke to Markus Seemann, founder of 9seemeilen Hospitality, about all things hotel revenue management. Every hotel deserves professional revenue management. I believe that not only chain hotels should have access to revenue management but also all other hotels. Table of contents.

Revenue Management 52

Revenue Management Revenue Management Occupancy 52

Hotel Business

MAY 11, 2023

Currently, hundreds of Wyndham branded hotels are live on OPERA Cloud with franchisees using the system to simplify everyday hotel tasks, personalize guest experiences and help boost revenue. ” The post Oracle to bring OPERA Cloud to 2K Wyndham hotels appeared first on hotelbusiness.com. .

Revenue Management 52

Revenue Management Scale Upsell General Manager 52

Anthony Iannarino

AUGUST 26, 2020

Many of us in sales have long ago recognized that the glut of suppliers shifted some power to buyers due to so many companies competing for their business and market share. Improving how you sell makes it easier to scale up results, and leaving salespeople without the tools they need ensures you struggle and prevent better results.

Sales 131

Sales Closing B2B Market Share 131

Hotel Business

APRIL 15, 2024

Luxury and upper-upscale posted the only positive chain scale performance during the month, up 2.7% Elevated costs meant total revenue growth failed to translate into profits. January’s total revenue growth of 3% failed to offset the 220-basis point contraction in margins, causing a 5.7% year-over-year (YOY) in February.

Occupancy 59

Occupancy Consumer Market Share Forecasting 59

Travel Media Group

JUNE 12, 2019

Ryan and Anne give tips on how to modernize your B&B’s marketing strategy and optimize your property’s presence online. They share several examples of how to leverage websites, social media, and online reputation in order to gain market share and grow online revenue. I am your host, Ryan Embree.

Marketing 52

Marketing Market Market Share Marketing Strategy 52

Xotels

AUGUST 9, 2021

Google is taking the hotel industry by storm to gain market share and grow their advertising revenues. We will take a look at how Google is penetrating the hotel distribution vertical with Google Hotel Ads, and what opportunities this gives in terms of hotel revenue management and marketing.

Market Share 52

Market Share Hotels OTA Cancellation 52

Hotel Business

MARCH 26, 2024

This creates greater economies of scale for our owners, as well as the ability to share relevant best market practices for our regional and general managers, all ultimately providing better financial results and stronger guest satisfaction scores.

General Manager 59

General Manager Sales Hotels Operations 59

Hotelogix

DECEMBER 13, 2024

Home-grown brands quickly adapt and negotiate terms that align better with local market dynamics, leading to rapid expansion and increased market share. Moreover, the flexibility to explore management contracts and franchise models significantly enhances their competitive edge over international chains.

Branding 52

Branding Hotels Marketing Market 52

SiteMinder

OCTOBER 10, 2022

Falling short of your competitors when it comes to guest experience, accommodation standards or your marketing and advertising strategy can quickly lead to lost revenue. Understand what qualifies as ‘good’ and ‘bad’ performance for your market. It compares your hotel’s data to your compset and your broader market.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 52

Hotel Speak

MARCH 13, 2024

By the end, you will know what a distribution strategy is and have the knowledge to create an optimized distribution approach to maximize reach, boost revenue, and enhance the customer experience. The resulting boost in market share directly translates to higher revenues. What is distribution strategy?

Global Distribution System 83

Global Distribution System Retail Shopping Consumer 83

Amadeus Hospitality

NOVEMBER 28, 2023

Even highlighting “free cancellation” or other flexible policies can work to enhance the hotel’s sales and revenue strategies. Don’t forget to market the same offers on third party channels you know leisure travelers use, such as social media, metasearch , online travel agencies, and more to maximize bookings.

Sales 52

Sales Hotel Sales Events Cancellation 52

Boutique Hotel News

APRIL 18, 2023

Another example is in revenue management, which is an area in which Yanolja Cloud offers various solutions. Perhaps that could be a revenue management solution to increase occupancy rates and optimise revenue. Hoteliers can start small and test what works for them.

Hospitality 52

Hospitality Revenue Management Occupancy Revenue 52

MediaBoom

AUGUST 6, 2024

In fact, a strong brand can increase revenue by up to 23%. A strong hotel brand builds trust, loyalty, and a lasting impression, ultimately driving revenue and market share. Less Spends on Advertising : Promotions are made much easier by niche marketing. A strong hotel brand is the cornerstone of enduring success.

Branding 90

Branding Hotels Services Market 90

Hotel Business

DECEMBER 18, 2023

provider of hotel franchise services in the chainscales that serve middle-income guests—economy and midscale—with more than 55% market share in each, resulting in significant uncertainty as to whether the FTC or courts would ever clear the transaction. Choice’s offer would create the largest U.S.

Ancillary Revenue 59

Ancillary Revenue Business Closing Branding 59

Hotelier Magazine

SEPTEMBER 26, 2023

In hospitality, brand acquisition and partnerships are driven by factors such as the hotels’ desire for rapid and significant growth or the capital markets’ rewards for delivering at scale. Compared to other sectors, however, the industry is still highly fragmented, without a single brand having significant global market share.

Hospitality 98

Hospitality OTA Market Share Revenue Management 98

Travel Media Group

JULY 19, 2023

And then within that they’re aligned by geography to really hone in on and, and leverage the unique market dynamics and to really become experts in seasonality and market knowledge. But then they also align very closely with our revenue strategy teams. Also revenue generation through paid media. Content is king.

Hospitality 97

Hospitality Marketing Market Business 97

Travel Media Group

AUGUST 7, 2024

And as time went on, Hampton was actually able to move up market and eventually created what we now call the upper mid-scale category. But what’s interesting is that loyalty and that desire, or the willingness to pay more for great quality then has driven really great market share and RevPAR premiums.

Hospitality 52

Hospitality Branding Consumer Services 52

Hotelier Magazine

MAY 16, 2023

WASHINGTON — CoStar Group has launched STR Benchmarking, a transformational market share product for the global hotel industry. This software is built to evolve and scale with new data sets and property types.” “STR

Average Length of Stay 52

Average Length of Stay Market Share Scale Occupancy 52

Travel Media Group

JANUARY 16, 2024

Uh, so from a priority standpoint, it’s always staying focused on revenue enhancement with the primary measure being, you know, market share changes, right? Making sure that we shape all the things that we do in our business around those clear set of priorities is important and a very strong culture.

Hospitality 52

Hospitality Digital Marketing Management Marketing 52

MediaBoom

JULY 19, 2023

The company clocked a revenue of $183 million in 2020 , even when the world signed away the first five months of the year to the pandemic. It has focused on targeted marketing on various platforms, including papers and billboards, to grab the attention of a broader clientele.

Branding 61

Branding Travel Services Marketing 61

Travel Media Group

OCTOBER 26, 2022

Which is, again, a, a historic asset, a flagship for Omni Hotels, substantial size, scope, scale, and again, had wonderful experience of leading that team for a number of years. When you start talking about folks like from a marketing perspective, Patricia Davis, right? RSVP of marketing and communications. Patrick Broderick.

Hospitality 52

Hospitality Marketing Market Operations 52

Little Hotelier

NOVEMBER 8, 2023

This Little Hotelier review demonstrates how the all-in-one hotel software strives to be a product that grows with its customers so that it’s easier for them to scale their business successfully. For the past three years, they have been awarding our cloud-based hotel management system with their highest honour, the Market Leader.

Accommodation 52

Accommodation Business Management Operations 52