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Managing Hotel Cancellations to Optimize Revenue and Guest Satisfaction

Revenue Hub

NB: This is an article from RateGain Whether due to unforeseen circumstances, changing travel plans, or other factors, cancellations can disrupt a hotel’s occupancy and revenue forecasts. Flexible policies not only enhance guest satisfaction but also incentivize them to retain their bookings rather than canceling.

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Transactional Marketing vs Relationship Marketing in Hotel Industry

Revenue Hub

NB: This is an article from Bookboost This means the focus is mainly on short-term relations with guests, and once the transaction is done (the booking is made), the relationship ends. This approach promotes enticing offers, discounts, and special deals to attract guests and encourage them to make a reservation.

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How Hoteliers Can Increase Their F&B Poolside Revenue

Revenue Hub

Hotels are constantly seeking innovative ways to enhance guest experiences while increasing revenue – and summer time is no exception! In this blog, we consider how hotels can leverage poolside dining and mobile dining apps to maximise their profits and elevate guest satisfaction.

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3 Tips to Boost Your Hotel’s Total Revenue Management Strategy

Revenue Hub

NB: This is an article from BEONx , one of our Expert Partners In fact, most professionals in the hospitality industry now recognise that strategic revenue management is one of the key levers of business success. Think about everything that a typical guest experiences when they book a room at your hotel.

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Upselling and Cross-Selling: Driving Hotel Ancillary Revenue

Revenue Hub

NB: This is an article from Userguest , one of our Expert Partners Savvy hoteliers are tapping into the power of upselling and cross-selling techniques to unlock additional revenue streams and enhance the guest experience. An example could be suggesting spa treatments or restaurant reservations during the booking process.

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Exploring the world of guest services: from definitions to job descriptions

Les Roches

Catering to the needs of guests and ensuring their satisfaction is a fundamental aspect of running a successful hospitality business and achieving customer excellence. We also look at guest experience and the skills required to excel in guest services jobs.

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Why is Upselling in Hotels Important

InnQuest

Even without COVID-19, profitability in the hotel industry is still a significant concern due to factors like: Increased dependence on web-based travel agencies The growth of tough competition Rising customer demands Sit tight, for you will learn some of the essentials for upselling in hotels in this article! What is Upselling?

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