Revenue Hub

MARCH 6, 2024

NB: This is an article from 3&6 , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Summer last year the head of Instagram shared the first insight into how the various algorithms actually works. If they’re actively engaging with an account, Instagram knows. So let’s break it down.

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Revenue Hub

FEBRUARY 22, 2024

NB: This is an article from Tambourine Subscribe to our weekly newsletter and stay up to date Why does that matter? Google Explains… A customer is signed in to their Google account and opts into location history in their account settings. Early test results show a conservative 8:1 ROAS. How Does It Work?

Accounting 96

Accounting Article Marketing 96

EHL Insights

JUNE 9, 2023

This article explores his proven strategies and firsthand experiences in building trust, effective communication, and promoting accountability. Oscar Postma, General Manager of Conrad, offers valuable insights into fostering such a culture in Singapore's growing hospitality industry.

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Accounting Communication Article 98

Revenue Hub

APRIL 19, 2024

NB: This is an article from Travelboom Subscribe to our weekly newsletter and stay up to date And while paid search options like Google Ads and Microsoft Ads can yield impressive outcomes, they still lack the capability to dynamically integrate a hotel’s rates into the travelers’ decision-making process.

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Marketing Book Article Reservations 91

Revenue Hub

NOVEMBER 17, 2023

In our previous article, we shared insights and advice from global hospitality experts on how to make the 2024 hotel budget process as smooth and painless as possible. NB: This is an article from HotStats Subscribe to our weekly newsletter and stay up to date 1. That is absolutely critical.”

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Budgeting Article Strategic Planning Accounting 92

Revenue Hub

APRIL 10, 2024

If you’re a regular reader of our informational articles on hospitality marketing, chances are you caught our previous piece on Gmail and Yahoo’s new sender requirements. And while these safeguards aren’t perfect, they’re still incredibly effective at filtering most emails that account holders would likely find not valuable.

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Communication Accounting Article Marketing 82

Revenue Hub

DECEMBER 4, 2023

NB: This is an article from DynamEat Today’s solutions excel at generating price choices and adjustments automatically by using advances in artificial intelligence and machine learning. Read more articles from DynamEat The post An AI-Powered Approach to Hotel Restaurant Revenue Management appeared first on Revenue Hub.

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Special Events Pricing Accounting Article 91

Revenue Hub

APRIL 3, 2024

NB: This is an article from Direct Your Bookings Subscribe to our weekly newsletter and stay up to date Increased visibility, because more visibility offers better chances of securing bookings. The algorithm takes various factors into account, with one of the most important being the conversion rate. Naturally, it would be Hotel B.

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Reservations Book Document Article 92

Revenue Hub

MARCH 24, 2023

NB: This is an article from Knowland A data-driven strategy keeps hotels agile when it comes to revenue management, marketing, guest relations, and specifically, sales. When used to drive decision-making, market, and account data can help your sales team stay agile and highly productive at every stage of your sales funnel.

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Accounting Book Article Marketing 88

Revenue Hub

MARCH 11, 2024

NB: This is an article from Mews Subscribe to our weekly newsletter and stay up to date A cost-plus strategy puts a profit margin on top of your prices, which should be your go-to strategy during times of regular demand. Read the full article at Mews The post Why Use a Cost-Based Pricing Strategy in Your Hotel?

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Pricing Article Accounting Information 97

Revenue Hub

NOVEMBER 16, 2023

NB: This is an article from STR For many hoteliers, reading profit & loss statements can be challenging, but it’s a crucial step to knowing what affects overall profitability. Read more articles from STR The post How P&L Statements Help You Understand Your Hotel Profitability appeared first on Revenue Hub.

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Maintenance Accounting Article Information 95

Hospitality Net

JUNE 12, 2023

This article explores his proven strategies and firsthand experiences in building trust, effective communication, and promoting accountability. Oscar Postma, General Manager of Conrad, offers valuable insights into fostering such a culture in Singapore’s growing hospitality industry.

Accounting 74

Accounting Communication Article 74

Revenue Hub

FEBRUARY 29, 2024

NB: This is an article from Topline Revenue , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Debunking the Dream At first glance, the notion of selling out every room might seem like a hotelier’s fantasy come true. But what if there’s a simpler way?

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Guest Satisfaction Pricing Article Accounting 90

Revenue Hub

JANUARY 26, 2024

NB: This is an article from EHL Subscribe to our weekly newsletter and stay up to date Mistakes are now magnified (and even go viral), consumers have hundreds of alternative options, and errors come at a higher cost. This underscores the importance of not only addressing errors but also turning discontent into happiness.

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Article Customer Service Accounting Training 84

Revenue Hub

APRIL 10, 2024

NB: This is an article from Cloudbeds , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date TikTok’s algorithm makes it easy to find other users and brands with similar values and interests — and increasingly attracts broad demographics.

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Article Marketing Book Accounting 90

Revenue Hub

FEBRUARY 23, 2024

NB: This is an article from Arise Subscribe to our weekly newsletter and stay up to date Embrace whitespace: But what is whitespace? This means taking into account elements such as mobile compatibility. Read the full article at Arise The post What Makes a Good Hotel Website? appeared first on Revenue Hub.

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Information Article Accounting Marketing 95

Revenue Hub

FEBRUARY 15, 2024

NB: This is an article from WebRezPro Subscribe to our weekly newsletter and stay up to date Identify Your Audience Do you have a specific guest segment that’s more likely to book last minute? Read the full article at WebRezPro The post Avoid Empty Rooms: How to Attract and Manage Last Minute Bookings appeared first on Revenue Hub.

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Book Housekeeping Article Reservations 93

Revenue Hub

FEBRUARY 14, 2024

NB: This is an article from mirai , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Nevertheless, they happily pay 20% commission for reservations from intermediaries such as Booking.com, Expedia, Hotelbeds, etc. Read the full article at mirai The post Spend on Commissions or Invest in Your Direct Sales?

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Reservations Article Marketing Accounting 86

Revenue Hub

JUNE 12, 2023

NB: This is an article from Proven Partners One of the key elements of a successful hotel business is a strong digital marketing strategy. It’s also helpful to optimize your website for mobile devices and include links to the hotel’s social media accounts so visitors can find and follow you on the platforms of their choice.

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Marketing Article Accounting Blog 89

Revenue Hub

FEBRUARY 15, 2024

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date This shift will enhance adaptability, increase profitability, and empower data-driven decision-making – crucial advantages in today’s market. By starting with a data-backed forecast, your budget becomes grounded in reality.

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Budgeting Article Pricing Marketing 99

Revfine

OCTOBER 7, 2023

A hotel night auditor has one of the most important roles within a modern hotel, handling many of the critical end-of-day tasks, including both front desk and accounting duties. The post Hotel Night Auditor: How Technology is Changing the Role in Hotels appeared first on Revfine.com.

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Accounting Article 52

Revenue Hub

MARCH 11, 2024

It is calculated by estimating the total profit generated by a customer for the entire duration of their patronage and takes into account how many repeat bookings they’ve made, gross revenue from the customer, and the length of the relationship (churn rate). The average time span across all your guest data gives you the mean duration value.

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Reservations Book Article Information 85

Revenue Hub

JUNE 29, 2023

NB: This is an article from Hotelchamp Unlike most online consumers, travel planners don’t have the opportunity to test out your hotel before making a purchasing decision. Take advantage of positive reviews and share them on your social media accounts. However, that doesn’t mean you can’t steer the narrative.

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Article Accounting Information Book 87

Revenue Hub

FEBRUARY 5, 2024

In this article, we will explore effective strategies to boost your hotel’s presence on Instagram, comprising both essential tactics and creative methods. Repost images from guests on your Instagram account and redirect traffic to your website, where potential guests can view a collection of social proof.

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Book Article Accounting Marketing 93

Revenue Hub

FEBRUARY 22, 2024

NB: This is an article from Knowland Subscribe to our weekly newsletter and stay up to date The landscape of hotels and group bookings is changing rapidly, and it’s important to understand what planners need and how your property can address those needs. If so, consider a new approach when selling to meeting planners.

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Article Events Marketing Accounting 82

Revenue Hub

JANUARY 30, 2024

NB: This is an article from TCRM Subscribe to our weekly newsletter and stay up to date A Travel Management Company (TMC) manages a company’s complete business travel requirements. Read the full article at TCRM The post How Hotels Benefit from Consortia and TMCs appeared first on Revenue Hub.

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Article Accounting Book Marketing 88

Revenue Hub

FEBRUARY 14, 2024

NB: This is an article from Triptease , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date We’ll outline the options to ensure your metasearch strategy remains high value and impactful. Read the full article at Triptease The post Google Kills Metasearch Commission Bidding (CPA): What Next?

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Article Blog Book Accounting 83

Revenue Hub

MAY 24, 2023

NB: This is an article from Hotel Financial Coach That is what this piece is all about: How and why you should balance your hotel credit cards daily. Then the data is sent to the bank, and in turn back to you as cash (less the commissions) deposited directly to your bank account. OMG, can you imagine? Look how far we have come!

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Accounting Article Property Management Book 79

Revenue Hub

JANUARY 9, 2024

NB: This is an article from berner+becker , one of our Expert Partners Revenue management has always been a critical aspect of the hospitality and travel industry, it involves optimizing pricing and distribution strategies to maximize revenue, considering various factors such as demand, competition, and customer preferences.

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Revenue Hub

MAY 15, 2023

NB: This is an article from Demand Calendar Unintentionally, USALI and other accounting standards are masters in hiding valuable information within the Profit & Loss statement and in the different accounts. One example is Customer Acquisition Cost (CAC), spread over several other accounts in several schedules.

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Accounting Article Pricing Information 90

Revenue Hub

MARCH 1, 2024

‍ NB: This is an article from Canary Technologies Subscribe to our weekly newsletter and stay up to date Take online check-in as an example. In the past, it usually required downloading a hotel’s custom-built native app and creating a user account. This often resulted in a lower guest adoption than most hotels would hope for.

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Download Article Accounting 82

Revenue Hub

JULY 6, 2023

NB: This is an article from Travelboom Whether you’re running a hotel or bed & breakfast, you can use a Google Business Profile to better promote your property and increase your presence in the local search results. To claim your listing: Enter the name of your business in the Google Maps search bar.

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Accounting Article Information Communication 87

Revenue Hub

FEBRUARY 20, 2024

NB: This is an article from Lighthouse (formerly OTA Insight) Subscribe to our weekly newsletter and stay up to date Your property should have a tailored pricing strategy that fits its unique needs, but there are common industry practices that can be honed to compliment your business and improve performance.

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Pricing Article Accounting Training 89

Revenue Hub

FEBRUARY 6, 2023

NB: This is an article from Hotel Financial Coach The reason is simple: the GM has not been given any formal accounting training and they are intimidated by the numbers and their lack of knowledge. This puts the GM in a difficult position. How can they manage the news when someone else is creating it?

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Accounting Article Definition Budgeting 81

Revenue Hub

MARCH 4, 2024

NB: This is an article from Bookboost Subscribe to our weekly newsletter and stay up to date However, it comes with a price: they charge commission fees that can significantly cut into hotels’ profits, they reduce the amount of data available for the properties and interrupt the direct communication needed to foster loyalty.

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Book Communication Reservations Article 83

Revenue Hub

APRIL 22, 2024

NB: This is an article from gcommerce Subscribe to our weekly newsletter and stay up to date They look at their media mix, replete with reasonable allocations to paid search, social media, display, SEO, and metasearch, and feel like they have covered their proverbial bases. They are letting 87% of the revenue walk out the door.

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Budgeting Book Presentation Marketing 105

Revenue Hub

APRIL 16, 2024

This article explores the imperative role of structured guest data in enhancing marketing strategies, improving operational efficiencies, and elevating guest experiences, ultimately driving increased revenue for hospitality businesses.

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