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Hotel Revenue Management: 10 Ways to Boost Income in 2024

Revenue Hub

Despite signs of recovery in 2023, the hospitality sector’s 2024 outlook is unpredictable. While the effectiveness of these hotel revenue management strategies will vary by location, audience and the economy; here are ten effective ways to increase your hotel’s revenue in 2024.

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Maestro unveils 2024 tech roadmap

Hotel Business

Mobile tools, such as check-in/out, digital room keys, digital concierge services, workflow automation, digital payments and even robotics are positively impacting loyalty in many ways. Embedded payments Digital payments are trending and transforming the way guests are engaging with services and settling transactions. “We

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10 Booking Trends and Stats to Drive Guest Experience and Revenue

Revenue Hub

NB: This is an article from Flyr (formerly Pace Revenue) , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date In 2024, innovation seems to be waiting around every corner, and no industry is exempt from its influence and subsequent transformation. By 2024, 70% of guests are expected to prefer personalized offers.

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Leonardo Royal Hotel Edinburgh unveils £22.2m refurb

Hotel Owner

New facilities have also been added to the hotel, including a state-of-the-art gym and a guest concierge desk as well as a new enhanced look for the lobby and a brand new Leo’s bar and restaurant. The hotel is also in the process of a major expansion project that will add 100 rooms to the existing 186, which will be completed in summer 2024.

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2023 Reflections: The Year That Was in Restaurants, Part One

Modern Restaurant Management

which delivers drinks and provides a fun, novel experience for guests, while allowing employees to focus on customer service. Many companies sell robots, but do not service, integrate or repair the robots, making it more difficult for customers to maintain.