Revenue Hub

JULY 19, 2023

While occupancy rate is essential for deciding whether your management strategies succeed or fail, there are a few things you should keep in mind regarding this KPI. So, when using the occupancy rate, you should be careful with it and take into account other measurements to get a fuller picture. Why track occupancy rate?

Maintenance 81

Maintenance Article Pricing Scheduling 81

Revenue Hub

DECEMBER 8, 2023

NB : This is an article from Infor Subscribe to our weekly newsletter and stay up to date The good news is that the outlook remains promising, with recent Expedia data revealing that almost half of people prioritize travel more now than they did pre-pandemic, and nearly 80% plan to embark on leisure travel into 2024.

Travel and Tourism 100

Travel and Tourism Procurement Maintenance Information 100

InnQuest

NOVEMBER 21, 2022

In this article, we’ll explore more about consumer attitudes to travel post-pandemic and what that means for your property. Rates should be determined in real-time based on analytics that take into account numerous factors including supply and demand, customer loyalty, and competitor pricing.

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Housekeeping Book Property Management Pricing 130

Revenue Hub

JUNE 6, 2023

NB: This is an article from Hotellistat , one of our Expert Partners In general, TRM is a strategic approach to increase any revenue in the hotel. Customer relationship management (CRM) software provides support here. Property management systems (PMS), ideally with an open interface to export and analyze relevant data.

Pricing 64

Pricing Reservations Marketing Communication 64

eZee Absolute

NOVEMBER 29, 2022

And in this article, I will help you with a complete guide that covers all the stages of running a perfect homestay business. You can also allow your guests to book your property right from your Facebook page or WhatsApp Business account. They can check out your property, book it, and even make payments.

Book 52

Book Communication Blog Property Management 52

Revenue Hub

APRIL 29, 2024

Channel Manager for hotel software manages the real-time, safe, and secure online distribution of your hotel’s rooms. NB: This is an article from RateGain Subscribe to our weekly newsletter and stay up to date It enables you to rapidly and concurrently update room availability and the most recent room pricing across numerous channels.

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Reservations Book Article Pricing 104

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? Social Media Channels: Instagram, Facebook, TikTok, etc.

Pricing 52

Pricing Book Budgeting Marketing 52

Revenue Hub

FEBRUARY 15, 2023

NB: This is an article from BEONx , one of our Expert Partners It enables property managers to establish a range of rates in line with the features and services that a guest is willing to pay for. Attribute-based pricing is becoming an increasingly popular pricing model in the hotel industry.

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Guest Satisfaction Pricing Book Reservations 96

SiteMinder

NOVEMBER 24, 2023

Generally, reviews also contribute to transparency and accountability within the industry, fostering a culture of improvement as software developers can leverage on feedback to refine and upgrade their tech products. Very easy for reservation management. Also, a HUGE thank you to their support and accounts team.

Reservations 52

Reservations Book Information Definition 52

Revenue Hub

AUGUST 22, 2023

NB: This is an article from Agilysis While revenue per available room (RevPAR) has been the most common metric to hotels in the past, today they are finding revenue per available guest (RevPAG) to be even more important. billion in room revenue lost in 2020 and 2021.

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Special Events Book Information Reservations 74

Revenue Hub

OCTOBER 28, 2022

NB: This is an article from Agilysys. Instead of solely looking at the occupancy (OCC) and average daily rate (ADR) for one room, now properties are looking more closely at the guest (or guests) that reserve these rooms, what they are interested in, and how to capitalize on those interests and capture more of their spend.

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Special Events Book Information Reservations 79

SiteMinder

FEBRUARY 1, 2024

“We were aided by SiteMinder because they truly brought about a ‘revolution’ for our property. All tasks are integrated between our website, booking page, and property management system - effective handling of booking channels, thereby increasing revenue, and most importantly, improving our customer experience.”

Travel and Tourism 52

Travel and Tourism Procurement Blog Book 52