Xotels

APRIL 3, 2024

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Horizon Hospitality

JULY 10, 2024

Dynamic pricing, or yield management, involves adjusting room rates in real-time based on supply and demand, with the ultimate goal being to increase the Revenue Per Available Room ( RevPAR ). Channel Management Software will help manage room inventory across multiple online travel agencies (OTAs) and booking platforms.

Occupancy 52

Occupancy Revenue Yield Management Forecasting 52

SiteMinder

OCTOBER 9, 2022

Few roles in the hotel industry have evolved as quickly as the revenue manager.Powered by technological advances, the rapid sharing of knowledge and online training, the discipline is synonymous with smart pricing decisions and expectations are always high in the highly competitive accommodation market. What is a revenue manager?

Revenue Management 59

Revenue Management Revenue Management Occupancy 59

Catala Consulting

JULY 30, 2023

In the fiercely competitive hospitality industry, the essence of successful resort revenue management lies in data-driven decision-making. This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. Why is Revenue Management Imperative for Resorts?

Revenue Management 52

Revenue Management Revenue Resorts Management 52

SiteMinder

MAY 21, 2023

The remarkable service and awe-inspiring ocean views leave a lasting impression on both local and global travellers, making it a coveted destination on their must-visit lists. This has minimised revenue loss from vacant rooms while maximising our occupancy rates.”

Resorts 98

Resorts Overbooking Yield Management OTA 98

Hotel Business

JULY 12, 2023

The all-too-common assumption among many hoteliers is that limited-service hotels don’t benefit from revenue management technology and practices when compared to full-service and resort hotels. Part of the problem, from the operators’ perspective, is the viability of revenue management technology today versus even a few years ago.

Revenue Management 52

Revenue Management Services Revenue Management 52

Xotels

JULY 26, 2024

Were going to get down and dirty with the real-world strategies that we have actually seen working as a revenue management consulting company. What is Yield Management, Really? In a nutshell, yield management means adjusting your room rates in real-time based on demand , seasonality, events, and even the day of the week.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Xotels

JULY 26, 2024

As someone who spent his fair share of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. What is Yield Management, Really? That’s yield management in action.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Cloudbeds

FEBRUARY 28, 2024

When travelers make a hotel reservation, they expect a seamless experience , or they may decide to stay elsewhere. For hotels, meeting this expectation means moving away from manual processes and investing in booking software that allows travelers to book a room when they want on the channel of their choice.

Revenue Management 98

Revenue Management Hotels Revenue Operations 98

Xotels

JULY 26, 2024

As someone who spent his fair share of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. What is Yield Management, Really? That’s yield management in action.

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

Hotel Speak

APRIL 12, 2023

HotelRunner, the leading hospitality and travel technologies platform, has launched HotelRunner Elite, an exclusive service designed to add exponential value to independent and chain hotels, helping them overcome the challenges of strategic positioning and yield management.

Yield Management 59

Yield Management Accommodation B2B Services 59

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

MediaBoom

AUGUST 1, 2024

McKinsey & Company estimates that domestic travel will experience a three-percent rate of growth per year. Hospitality and tourism marketing is the strategic process of creating demand and building a strong brand for products and services within the travel industry. Get on local travel directories.

Tourism 94

Tourism Market Marketing Hospitality 94

Hotel Business

SEPTEMBER 11, 2024

Finally, the company is debuting the My Place Business Suite, a flexible option for the individual business traveler or small family. Across revenue management, sales, marketing and loyalty, there’s a lot of excitement about this new opportunity,” he said. My Place’s foundational three-story, 64-unit box is also still available.

Yield Management 59

Yield Management Upsell Revenue Management Marketing 59

SiteMinder

AUGUST 1, 2024

By using the extranet, you can ensure that your hotel information is up-to-date and appealing to potential guests, which is crucial for increasing your bookings and revenue. Trip.com is a global online travel agency that connects millions of travellers with hotels worldwide.

Revenue 52

Revenue Yield Management Overbooking Management 52

Hotelogix

AUGUST 27, 2024

Online travel distribution is growing fast—faster than the overall travel market. Today’s digital travelers have many booking options. This means using a mix of online and offline channels, like Online Travel Agents (OTAs), meta-search engines, direct bookings, reviews, Global Distribution Systems (GDS), and more.

Global Distribution System 52

Global Distribution System OTA Revenue Hotels 52

SiteMinder

OCTOBER 10, 2023

Master cost-based pricing and boost revenue Take the guesswork out of pricing. SiteMinder's tools are designed to provide a clear path to optimal pricing strategies that cover costs and maximise revenue. Adjusting prices accordingly can ensure maximised revenue during high-demand periods while maintaining occupancy during slower times.

Target Marketing 59

Target Marketing Revenue Yield Management Marketing 59

Experience Hotel

MAY 30, 2024

Les différents objectifs pour un hôtel Il existe une multitude d’objectifs que peut poursuivre un hôtel : maximiser son RevPar (revenu par chambre disponible), améliorer sa e-réputation ou encore garder un taux d’occupation élevé en permanence. Chaque objectif doit être en adéquation avec la réalité et les défis propres à votre hôtel.

KPI 52

KPI Yield Management Occupancy OTA 52

Xotels

DECEMBER 12, 2024

Trust me, as the CEO of a revenue management consulting company, I can tell you that a balanced and strategic mix of channels is essential to maximize your hotels visibility, profitability, and allows you to attract and convert the right guests. Have you ever wondered what makes a hotels distribution strategy truly effective?

OTA 40

OTA Global Distribution System Revenue Revenue Management 40

SiteMinder

JULY 10, 2024

These podcasts can cover a wide range of topics; from optimising hotel business revenue, to talking about hospitality industry trends, to light-hearted travel and tourism stories. Skift Podcasts One of the most reliable publications in the travel industry, Skift also produces podcasts. Don’t miss out on all the key insights.

Hospitality 52

Hospitality Hotels Digital Marketing Revenue 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. Google in Travel: Some History.

Market Share 52

Market Share Hotels OTA Cancellation 52

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. After all, travelers can’t book a property they don’t find! With a good channel manager, you can save time, get more bookings, and distribute room inventory easily.

Management 76

Management OTA Cancellation Overbooking 76

eZee Absolute

OCTOBER 11, 2023

They opted for eZee Centrix – a cutting-edge Channel Manager , to significantly enhance their visibility and revenue streams. This advanced channel manager enabled the resort to efficiently distribute its inventory across multiple OTAs, ensuring maximum exposure.

Resorts 52

Resorts Management Sales Yield Management 52

SiteMinder

NOVEMBER 24, 2023

Evaluating SiteMinder reviews enables accommodation providers to determine its suitability for their specific needs and operational requirements, allowing them to invest in solutions that align with their business goals and increase overall efficiency, guest satisfaction, and revenue results.

Revenue 52

Revenue Revenue Management Management General Manager 52

Hotelogix

JANUARY 29, 2025

Seamless connectivity : From mobile check-ins to in-room voice assistants, technology is creating a frictionless stay for tech-savvy travelers. Driving Revenue Growth in a Competitive Landscape In the cutthroat world of hospitality, every edge counts. Yield management integration : Tweak rates based on current demand.

Management 58

Management Hospitality Hotels Services 58

Experience Hotel

MARCH 10, 2020

Mais pourquoi ne pas aussi appliquer cette segmentation à votre stratégie de Yield ? Dire que vos solutions CRM et RMS (Revenue Management System) doivent fonctionner ensemble pour optimiser vos revenus est un nouveau point de vue.

Revenue Management 52

Revenue Management Management Business Yield Management 52

SiteMinder

MAY 14, 2023

It aids hotels in evaluating their overall revenue management approach. As a result, the RevPAR indicator is critical for maximising revenue per room. The management team saw this as a challenge. It provides services with over 18 years of experience showcasing a unique identity.

Sales 97

Sales Revenue Yield Management Occupancy 97