SiteMinder

OCTOBER 29, 2024

Property management companies are hired by property owners to oversee day-to-day operations, maintenance and leasing of residential, commercial or industrial properties. Property management process flow chart A process flow chart helps to clarify and streamline operations by visualising how you’ll manage your properties.

Business 52

Business Management Target Marketing Revenue 52

StayNTouch

MAY 5, 2022

Leveraging Mobile Technology to Combat 5 Common Hotel Operational Hiccups Efficient operations are the backbone of any well-run hotel and the foundation of an exceptional guest experience. Because of this, it’s important for hoteliers to avoid legacy systems with complicated and clunky user interfaces.

Operations 52

Operations Hiring Hotels Services 52

Inn Quest

MARCH 2, 2023

This means identifying who your target market is, their needs and preferences, and how you can best serve them. For example, your target market is mainly business travelers. Develop a Strong Marketing Strategy Once you clearly understand your target market, developing a solid marketing strategy is next.

Management 89

Management Target Marketing Marketing Strategy Revenue Management 89

Hotel Management

SEPTEMBER 24, 2024

The hotel sector is a major target market for many businesses. Our work with EECA around power usage surveying is a simple, but overdue, practical step that will help hotels to benchmark their own operations and make improvements,” Doolan said. L-R Tony Ryan (Trilogy Hotels), Luke Moran (LA Co.)

Events 147

Events Hotels Target Marketing Accommodation 147

Hotel Business

JULY 10, 2024

With more than 30 years of experience in the hospitality industry, including roles at Mint House and Starwood Hotels & Resorts Worldwide, he will lead the company’s strategic expansion, especially in the full-service and luxury hotel sectors across the company’s target markets.

Target Marketing 59

Target Marketing Hotels Resorts Management 59

A Sales Guy

APRIL 10, 2013

Today we’re going to go a little deeper and talk about the difference between an operating expense and a capital expense and why it matters. It also spent 25,000 dollars for the ice cream, and another 15,000 in operating expenses (electricity, payroll, napkins, cups, plastic spoons etc.). can be deducted against revenue.

Operations 106

Operations B2B Sales Shopping 106

Hotel Management

OCTOBER 31, 2024

It operates as a hotel environment, but with shared accommodation – about 30% private to 70% shared – and design-led communal spaces that are far more pronounced. The target market is anywhere from young to young at heart. We have established a strong executive team that sits across the portfolio that we own and operate.

Accommodation 130

Accommodation Market Marketing Branding 130

STAAH

DECEMBER 18, 2023

It plays a key role in the overall success of a hotel’s operations. It involves identifying target markets, setting sales goals, and creating a plan to achieve those goals. Read full blog 7Ps of Hotel Marketing Hotel Marketing is only effective if the execution is done right.

Hospitality 90

Hospitality Occupancy Target Marketing Hotel Sales 90

Hotel Management

JUNE 20, 2024

“We have a very ambitious target to triple the number of hotels from 80 to 250 by 2035. The majority of [new hotels] will be outside Japan, and Australia is one of the key target markets. Japanese hospitality meets western management.

Resorts 147

Resorts Hotels Target Marketing Tourism 147

Hotel Business

JANUARY 16, 2024

” He added, “Having operated hotels for more than 40 years, Wurzak Hotel Group understands how to manage lifestyle, full-service and extended-stay hotels in high-barrier-to-entry markets. “Such a strategic move underscores our commitment to adaptability.

Services 64

Services Management Target Marketing Operations 64

Hotelogix

AUGUST 6, 2024

You must also negotiate better rates with suppliers and streamline operations to cut unnecessary expenses. Strategic marketing and distribution: Optimize your presence across all distribution/sales channels. Run targeted marketing campaigns to attract high-value guests. It helps in brand building and loyalty creation.

Revenue 52

Revenue Management Upsell Target Marketing 52

Hotelier Magazine

JANUARY 24, 2024

Established in 2005, the brand currently operates nine pet-friendly hotels across Canada, including locations in Kelowna and Prince George in B.C., the Calgary Airport and Edmonton-West in Alberta, downtown Montreal, Ottawa-West, Mississauga and Brampton in Ontario and Moncton in New Brunswick.

Target Marketing 59

Target Marketing Real Estate Branding Market 59

Hotelogix

SEPTEMBER 19, 2024

Travel Agency: While agents can manage bookings for clients, they often operate within set hours and may require more time for changes. Additionally, direct bookings provide valuable customer data for targeted marketing and loyalty programs. They can modify their bookings anytime without needing to consult an agent.

Travel 52

Travel OTA Target Marketing Occupancy 52

Little Hotelier

FEBRUARY 11, 2024

Attracting guests relies on a holistic approach including a strong online presence, targeted marketing, and partnerships. However, to make this process easy and effective, Wan and the team required the help of technology.

Revenue 98

Revenue Target Marketing General Manager Dining 98

Boutique Hotel News

MARCH 14, 2023

Mendoza said: “Life House have been supporting our project with all their experience and knowledge as we are not hotel operators – we are just investors trying to develop a profitable business with a great customer experience for our guests. Life House operates nearly 70 hotels across North America.

Target Marketing 52

Target Marketing Operations Management Market 52

SiteMinder

AUGUST 1, 2024

It serves as a roadmap for your hotel’s success, helping you attract investors, secure funding, and make informed decisions about your operations. It’s a vital tool for any hotel owner or operator, whether you’re starting a new hotel, expanding an existing business, or improving your current operations.

Business 52

Business Revenue Hotels Occupancy 52

STAAH

OCTOBER 15, 2024

The right software is a game-changer for hotel success, shaping everything from operational efficiency to guest satisfaction. Property Management System (PMS) A Property Management System (PMS) is the heart of hotel operations, handling everything from reservations and check-ins to billing and room assignments.

OTA 52

OTA Overbooking Revenue Management Revenue 52

gcommerce

DECEMBER 4, 2023

Google Analytics 4 (GA4) provides a powerful platform for hotels to gain valuable insights, optimize marketing strategies, and enhance the guest experience. We will explore effective ways to maximize your hotel's GA4 implementation, enabling you to make data-driven decisions, improve operational efficiency, and drive revenue growth.

Average Daily Rate 52

Average Daily Rate Target Marketing Marketing Strategy Hotels 52

Hotel Business

NOVEMBER 9, 2023

The CoreSelect solution caters specifically to hotel owners, operators and management companies managing portfolios of one to five hotels, the company reports. The initial target market for M3 CoreSelect is hotel portfolios currently relying on manual solutions or off-the-shelf products that are not hospitality specific.”

Target Marketing 59

Target Marketing Services Management Market 59

Cloudbeds

APRIL 15, 2024

In this article, we explore the basics of hotel automation and actionable ways that it can streamline hotel operations in 2024. Hotel automation is the use of machines and computers to conduct tasks typically performed manually by employees to increase productivity and reduce operating costs. What is hotel automation?

Revenue Management 98

Revenue Management Hotels Operations Revenue 98

SiteMinder

NOVEMBER 18, 2024

Performance analysis: Allows you to understand the effectiveness of strategies and overall operational efficiency. Industry benchmarking: See how you compare to local industry standards and competitors. Financial planning: Gives you insights for future investment decisions and budgeting.

ROI 52

ROI Revenue Management Revenue Hotels 52

Catala Consulting

JANUARY 9, 2024

Although simple, this formula is incredibly insightful, offering a transparent view of the efficacy of marketing endeavours. Effective Strategies for CAC Optimization Targeted Marketing Approaches Customizing marketing initiatives for specific customer segments can notably reduce CAC.

Hotel Marketing 52

Hotel Marketing Market Marketing Real Estate 52

STAAH

MAY 28, 2024

4) Local Experiences and Tours Partnering with local tour operators and attractions to offer curated experiences can be a win-win. Market Effectively: Use targeted marketing campaigns to promote ancillary services to both current guests and potential visitors.

Ancillary Revenue 89

Ancillary Revenue Revenue Services Events 89

Hotel Management

DECEMBER 20, 2023

Veriu Collingwood is part of a mixed-use development with 95 studio apartments operating under the Veriu brand and 45 Built to Sell luxury residential apartments above us, which Tim Gurner has developed under the Atelier brand. Then there’s a couple of shops on either side of our lobby which are intended for hospitality operators.

Construction 267

Construction Shopping Pipeline Occupancy 267

SiteMinder

MAY 21, 2023

Silavadee Pool Spa Resort Samui, a renowned 5-star establishment with over 14 years of operation, is nestled on the tranquil Lamai Beach in Surat Thani, Koh Samui. Although the target market has since changed, what remains constant is the hotel’s standards and work ethic.

Resorts 98

Resorts Overbooking Yield Management OTA 98

SiteMinder

OCTOBER 10, 2023

For hoteliers, understanding cost-based pricing as a method for hotel pricing is crucial for setting room rates that not only cover the costs of operations but also provide a healthy profit margin. Customer perception – Gauge how price changes are perceived by your target market.

Target Marketing 59

Target Marketing Revenue Yield Management Market 59

Little Hotelier

NOVEMBER 18, 2024

Hotels that don’t charge a deposit are typically smaller, independently run operations, such as boutique hotels, B&Bs and hostels. No, not all hotels require a deposit, but most, including the majority of the world’s larger chains, do. This poses a question: is a deposit negative or positive?

Motels 52

Motels Hotels Cancellation Target Marketing 52

Hotel Business

MARCH 14, 2024

Scandic Hotels Group, one of the largest Nordic hotel operators with 280 hotels across six countries, is the first chain to go live on OPERA Cloud Central at its properties. Built-in dashboards allow for goal setting and progress tracking, optimized monitoring and the easy management of account and team performance.

Hospitality 59

Hospitality Sales Business Target Marketing 59

Inn Quest

SEPTEMBER 5, 2023

Managing your hotel’s inventory efficiently can significantly impact your bottom line, guest satisfaction and overall operational effectiveness. The Impact of Inventory Management on Hotel Operational Costs Inventory management directly impacts a hotel’s operating costs in several ways.

Management 87

Management Overbooking Revenue Hotels 87

Hotelogix

OCTOBER 4, 2024

This tool not only simplifies operations but also helps maximize revenue and improve the guest experience. Optimize Pricing: Some channel managers offer dynamic pricing tools to help you adjust rates based on demand, occupancy, and market conditions. How to choose the Right Channel Manager for Your Hotel Distribution 1.

OTA 52

OTA Management Overbooking Revenue 52

Cloudbeds

AUGUST 8, 2024

With business intelligence, you have the knowledge to drive hotel operations, increase your revenue, and enhance your guest experience. We’ll cover several different types of hotel performance data, including reservation behavior, revenue management , finance and accounting, operational, and marketing data.

Business 40

Business Revenue Management Forecasting Revenue 40

Cloudbeds

MARCH 20, 2023

Hotel market segmentation is the process of grouping hotel guests into categories based on shared behavior and characteristics. It is a fundamental process of revenue management, but also brings benefits to marketing, operations, and the guest experience. Save operational costs. Save operational costs.

Hotel Marketing 52

Hotel Marketing Market Marketing Average Daily Rate 52

Hotel Business

MARCH 31, 2023

“We are thrilled about the continued growth of our global presence and the rapid growth of BWH Hotel Group internationally to include our WorldHotels portfolio,” said Ron Pohl, president, international operations, BWH Hotel Group and president, WorldHotels.

Hotels 59

Hotels Target Marketing Branding Travel 59

Hotelogix

SEPTEMBER 12, 2024

  Constructive criticism and praise serve as a barometer for guest satisfaction and can guide management in making necessary adjustments to services, amenities, and operations. Marketing Insights  The aggregate data collected from review websites can offer profound marketing insights.

Hotels 52

Hotels Services Management Travel 52

SiteMinder

MARCH 25, 2024

It operates a platform that allows users, primarily speakers of Spanish and Portuguese, to search, book, and manage flights, hotels, and other travel-related services. Despegar is a legitimate and well-established online travel agency that operates primarily in Latin America. What is Despegar?

OTA 52

OTA Hotels Travel Services 52

Little Hotelier

NOVEMBER 20, 2023

Hotel CRM solutions are powerful tools that can help your hotel to transform guest interactions, optimise operations, and drive business growth. Designed specifically for smaller operators, it has everything you need in one simple interface, with tools to manage bookings, guest details, guest payments, and more. This includes: 1.

Upsell 59

Upsell Hotels Occupancy Revenue 59

SiteMinder

APRIL 11, 2024

How to advertise your Airbnb listings Advertising Airbnb listings , especially for hotel owners and operators with multiple properties or those managing medium-sized groups and chains, requires a strategic and organised approach. Guest feedback : Actively solicit and review guest feedback to identify areas for improvement.

Dining 98

Dining Hotels Average Daily Rate Target Marketing 98