Xotels

JULY 26, 2024

Don’t Forget About Upselling: Train your staff to upsell guests to higher room categories or add-on services. Upselling and Cross-Selling: The Art of Turning Guests into Big Spenders Alright, let’s talk about the real money-makers in the hotel game – upselling and cross-selling.

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

Cloudbeds

JANUARY 22, 2025

F&B or events), tap into new market segments such as corporate or family groups, and implement upselling/cross-selling. Consider offsetting rent costs by subleasing underutilized spaces, such as conference rooms or retail areas. Control costs of goods sold (COGS) Use technology to monitor labor, utilities, and supply expenses.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

Xotels

JULY 26, 2024

Don’t Forget About Upselling: Train your staff to upsell guests to higher room categories or add-on services. Upselling and Cross-Selling: The Art of Turning Guests into Big Spenders Alright, let’s talk about the real money-makers in the hotel game upselling and cross-selling.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Xotels

JULY 26, 2024

Don’t Forget About Upselling: Train your staff to upsell guests to higher room categories or add-on services. Upselling and Cross-Selling: The Art of Turning Guests into Big Spenders Alright, let’s talk about the real money-makers in the hotel game – upselling and cross-selling.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Catala Consulting

FEBRUARY 19, 2024

Improved Product/Service Recommendations: Leveraging data-driven insights, businesses can make more accurate and effective recommendations, enhancing the customer’s journey and increasing opportunities for cross-selling and upselling.

Revenue Management 52

Revenue Management Revenue Management Business 52

Little Hotelier

FEBRUARY 25, 2024

Another common strategy utilised in hotel revenue management consulting is to identify other potential revenue streams, from value-adding services, to new target markets, to opportunities to upsell and cross-sell. Strategies include offering add-ons and extras during the booking process, or upselling a guest to a more premium room.

Revenue Management 52

Revenue Management Revenue Services Management 52

Amadeus Hospitality

JUNE 11, 2024

From analyzing consumer behavior and creating effective digital marketing campaigns, to providing appealing retail offerings and seamless service, technology is key along every step of the way. Distribution Capabilities : Hoteliers are looking to increase bookings and brand awareness by making efficient use of different selling channels.

Hospitality 52

Hospitality Business Consumer Digital Marketing 52

Cloudbeds

DECEMBER 2, 2024

Online retailers like Amazon use forecasting algorithms that analyze historical purchase patterns and real-time data, such as seasonal demand, competitor prices, and current stock levels, to adjust product prices and inventory.

Forecasting 75

Forecasting Revenue Management Occupancy Revenue 75

Little Hotelier

MAY 31, 2023

One of the most common is for your hotel to offer a specific deal, along with a recommended retail price, that travellers are then invited to bid on over a set period. Blind booking is useful for hoteliers who find themselves really struggling to fill rooms. Auctions Hotel auctions can work in a number of ways.

Hotels 52

Hotels Revenue ROI Upsell 52

Hotelier Magazine

JANUARY 24, 2024

They narrowed down the two after researching their options, attending technology conferences, talking with the various retailers and providers, and even quizzing other hoteliers about their systems.

Business 59

Business Hospitality Email Marketing Management 59

MediaBoom

MAY 18, 2023

By 2024, it’s estimated that consumer retail spending from chatbots will reach an impressive $142 billion. They can also upsell and nurture new customers as well, increasing engagement and retention, and driving sales by delivering personalized and targeted messaging at scale. It’s hard to ignore chatbot marketing these days.

Market 52

Market Marketing Business Marketing Strategy 52

Cloudbeds

SEPTEMBER 20, 2024

With all your F&B outlets connected in one system, upselling across revenue centers is seamless, making it easier for guests to get what they want (and for you to charge them for it). A post by Lightspeed Lightspeed is the unified POS and payments platform powering the world’s best businesses in over 100 countries.

Revenue 52

Revenue Operations Services Hotels 52

BCV

AUGUST 19, 2021

This creative way of upselling could begin unlocking average booking value while also capturing greater market share. Her client portfolio includes B2B and B2C concentrations with a focus on travel, retail, beauty, and pharmaceutical brands, and her work has resulted in recognition from Travel + Leisure, PRNews, PRWeek, and The Shorty Awards.

Consumer 52

Consumer Travel Market Marketing 52

BCV

JULY 20, 2021

Since people couldn’t go into physical retail locations and were using social media more often, those requests migrated to social platforms. You can also leverage your responsiveness into upsells and upgrades, using what you know about your guests to enhance their experience.

Hospitality 52

Hospitality Branding Business Closing 52

Cloudbeds

JANUARY 10, 2025

Upsell and cross-sell. You can promote higher-category rooms, packages, and amenities that may not be available on OTAs, as well as additional on-property services like the restaurant, bar, retail, spa, and activities. When travelers visit your website, you have more control over the booking experience. Target active trip planners.

Cost Per Click 52

Cost Per Click Market Marketing OTA 52

SiteMinder

OCTOBER 11, 2022

From the large OTAs and GDSs to individual retail travel agents, you’ll be able to instantly provide real-time booking information to your agents that will help drive bookings. Easy reservation and upselling processes. Manage your revenue. Some top features to look for: Cloud-based. Integration with other softwares. Multifunctional.

Hotels 52

Hotels Management Revenue Management Revenue 52

SiteMinder

JANUARY 8, 2024

Determine guest behaviours – If you notice that female guests correlate with more retail revenue in the hotel, think about implementing promotions during these periods to bolster sales even more.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

Determine guest behaviours – If you notice that female guests correlate with more retail revenue in the hotel, think about implementing promotions during these periods to bolster sales even more.

Operations 52

Operations Management OTA Hotels 52