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

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

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

OCTOBER 31, 2024

Despite positive experiences, many travellers are not returning to hotels they’ve enjoyed. To delve deeper into this issue, we spoke with Tony Marshall, VP Managing Director APAC at Agilysys. Your study highlights a “rebooking paradox” where only 37% of APAC travellers rebook despite 86% expressing high satisfaction.

Hospitality 100

Hospitality Revenue Yield Management Dining 100

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. Generate more revenue.

Revenue Management 98

Revenue Management Hotels Revenue Operations 98

Catala Consulting

JANUARY 18, 2024

This article explores the top trends in hotel revenue management, yield management, and revenue management in the UK, offering insights and strategies for hotel professionals. Dynamic Pricing: The Heartbeat of Yield Management Dynamic pricing remains at the forefront of yield management strategies.

Revenue Management 52

Revenue Management Revenue Management Market 52

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 Market 59

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

APRIL 25, 2024

The exact genesis of yield management (now revenue management) in the hospitality sector is hotly debated,” says Stuart-Hill. As the pandemic brought travel to a standstill and gave rise to “quarantine hotels”, revenue managers had to rethink their strategies, starting with technology, in order to sustain their businesses.

Revenue Management 111

Revenue Management Revenue Management Hotels 111

SiteMinder

MAY 14, 2023

The management team saw this as a challenge. Ms Atchara stated that during the pandemic, “we were able to increase RevPAR by more than 30% by executing yield management on the platform swiftly and accurately.” “ All staff members have now got the third dose of the vaccine.

Sales 97

Sales Revenue Yield Management Occupancy 97

SiteMinder

AUGUST 1, 2024

Trip.com is a global online travel agency that connects millions of travellers with hotels worldwide. Market focus : Ctrip focuses on Chinese travellers, whereas eBooking caters to a global audience. We were able to increase RevPAR by more than 30% by executing yield management on the platform swiftly and accurately.”

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

Experience Hotel

MAY 30, 2024

Part des OTA (Online Travel Agencies) La part des OTA dans les ventes de l’hôtel est un indicateur clé pour comprendre l’influence des plateformes de réservation en ligne sur le chiffre d’affaires. Cela nécessite une compréhension du Yield Management de la part des équipes pour agir efficacement.

KPI 52

KPI Yield Management Occupancy OTA 52

Xotels

APRIL 3, 2024

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Article Summary: What is the Definition of Revenue Management? Why is Revenue Management Important to Hotels & Other Industries?

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Xotels

APRIL 3, 2024

Guest & Market Segmentation Hotel market segmentation is an important component of effective revenue management, allowing hotels to target diverse consumer groups based on their behaviours and budget levels. Focus on what leisure travellers want to add value to their stay.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

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.

Hospitality 52

Hospitality Hotels Digital Marketing Revenue 52

Catala Consulting

JULY 30, 2023

Resort revenue management has become an indispensable tool for businesses, fostering strategies that maximize yield and build strong customer relationships. The Cornerstones of Resort Revenue Management Resort revenue management , interchangeably used with yield management, revolves around a strategic pricing approach.

Revenue Management 52

Revenue Management Revenue Resorts Management 52

Hotel Business

JULY 12, 2023

Breaking old habits with new ones Revenue management technology has been around for more than 40 years, but that’s a drop in the bucket for the broader history of travel and hospitality. For as long as rooms have been rented, hoteliers set a single rate for an undefined period and let the bookings roll in.

Revenue Management 52

Revenue Management Services Revenue Management 52

SiteMinder

OCTOBER 9, 2022

The art is to maximise revenue with rate premiums when there is an abundance of demand and also set competitive and sustainable rates in the low season when market demand is more fiercely contested: in short, yield management. Revenue managers continuously solve an ever-changing puzzle, where occupancy and ADR are two key pieces.

Revenue Management 59

Revenue Management Revenue Management Occupancy 59

SiteMinder

OCTOBER 10, 2023

Learn more Key factors to consider when implementing the cost-based pricing method Implementing cost-based pricing requires a thorough understanding of various factors that could impact the effectiveness of this pricing strategy, as well as a mastery of yield management.

Target Marketing 59

Target Marketing Revenue Yield Management Market 59

eZee Absolute

OCTOBER 11, 2023

This advanced channel manager enabled the resort to efficiently distribute its inventory across multiple OTAs, ensuring maximum exposure. eZee Centrix empowered Sidus Galaxy Resort & Spa to streamline their operations and also ensure they sold rooms at the most competitive rates through intelligent yield management strategies.

Resorts 52

Resorts Management Sales Yield Management 52

Xotels

AUGUST 9, 2021

Google in Travel: Some History. All these features opened the way, in 2019, for what may be described, without exaggerating, as “Google’s OTA on steroids:” Google Travel (google.com/travel). However, this says a lot about the will to innovate that Google is showing in travel. But how did we get here?

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

Xotels

DECEMBER 12, 2024

These channels connect hotels with travelers, enabling bookings through platforms like your hotels website, OTAs, GDS , and even traditional tour operators. This approach can be particularly valuable for older travelers or those booking complex stays. Article Summary What Are Hotel Distribution Channels?

OTA 40

OTA Global Distribution System Revenue Revenue Management 40

Xotels

APRIL 3, 2024

Guest & Market Segmentation Hotel market segmentation is an important component of effective revenue management, allowing hotels to target diverse consumer groups based on their behaviours and budget levels. Focus on what leisure travellers want to add value to their stay.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Experience Hotel

MARCH 10, 2020

Nous avons analysé environ 400 000 séjours effectués en 2019 pour dégager les nouvelles tendances en matière de Lead Time. Pour rappel : le Lead Time est le nombre de jours entre le moment où un client réserve sa chambre et celui où il est supposé arriver dans l’établissement.

Revenue Management 52

Revenue Management Management Business Yield Management 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. Channel manager integration : Keep Online Travel Agencies (OTAs) and your booking system in sync without effort. Yield management integration : Tweak rates based on current demand.

Management 58

Management Hospitality Hotels Services 58

SiteMinder

NOVEMBER 24, 2023

General response to SiteMinder reviews on Capterra Currently, SiteMinder connects with 450+ global distribution channels, including top online travel agents (OTAs) such as Booking.com, Expedia, Airbnb, etc., Executing yield management on the platform swiftly and accurately, they experienced a 50% increase in overall bookings.

Revenue 52

Revenue Revenue Management Management General Manager 52