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HB on the Scene: Leaders discuss AI, labor and other issues at AAHOACON24

Hotel Business

They will know where you stayed the last time, and what chain scale you stayed at. ” Trivedi noted that AI-driven platforms like Google’s new search experience gives hoteliers the opportunity to “know your guest up close and personal, and you can do targeted marketing.”

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Embracing the Scientific Method: The Future of Hotel Management

Catala Consulting

Just as scientists hypothesize and experiment to understand phenomena, hoteliers can implement similar methodologies to test new ideas, services, or processes on a small scale before full implementation. The ability to quickly adapt and respond to market changes can set a hotel apart in a competitive market.

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Hotel Management: Meaning, Types, and Operations

SiteMinder

Placing yourself on a scale of personal growth is especially important for a hotel manager. You have to look beyond the four or five biggest channels and find partners that most suit your hotel’s target market and brand positioning. Build relationships with guests Develop a better rapport with your target market segment.

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How to Improve Hotel Sales for Small Properties

Little Hotelier

Segment your target market What do B&Bs, rentable treehouses, island getaways and massive hotel chains all have in common? Establish a direct channel with a booking engine OTAs charge commissions which can cut directly into the profitability of your enterprise. Does the font scale properly? Don’t worry, we’ll wait.

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Hotel Management: Meaning, Types, and Operations

SiteMinder

Placing yourself on a scale of personal growth is especially important for a hotel manager. You have to look beyond the four or five biggest channels and find partners that most suit your hotel’s target market and brand positioning. Build relationships with guests Develop a better rapport with your target market segment.

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Hotel costs: How to reduce expenses and boost revenue

SiteMinder

It’s something to carefully consider and may come down to who your target market is. Don’t put all your eggs in one basket Statistics from HSMAI show 76% of independent hotel room nights are reserved through OTAs, costing hotels billions in commissions every year.

Revenue 52
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Hotel guest loyalty strategies for the modern traveler

Cloudbeds

For independent properties, another challenge is competing with global loyalty programs offered by big hotel brands and online travel agencies (OTAs). In marketing, it’s often said that it costs five times more to acquire a new customer than to keep an existing customer. Many OTAs offer loyalty programs, too.

Travel 52