Revenue Hub

FEBRUARY 6, 2024

By mitigating these friction points, hotels can not only elevate their online reservation experience for customers but also significantly enhance their bookings. Adopting a data-driven approach also equips hoteliers to remain competitive and agile in response to market fluctuations. Some potential guests will, of course, simply retry.

Book 95

Book Reservations Guest Satisfaction Article 95

Revenue Hub

JANUARY 27, 2023

While many property management systems auto-generate simple transactional emails, proper email marketing software for hotels does so much more than the basics. NB: This is an article from Fuel Travel A full-featured hotel guest messaging solution makes it easy to communicate with future, current, and past guests.

Marketing 86

Marketing Guest Satisfaction Property Management Article 86

Revenue Hub

APRIL 19, 2024

NB: This is an article from Tripleseat Subscribe to our weekly newsletter and stay up to date This technology’s primary goal is to centralize and streamline all customer data. Read the full article at Tripleseat The post CRM for Hotels: 6 Benefits to Unlock Group Sales Success appeared first on Revenue Hub.

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Guest Satisfaction Catering Information Document 100

Revenue Hub

MAY 14, 2024

If you’re looking for avenues to amplify revenue and create a more loyal guest base, look towards fine-tuning your hotel’s direct booking strategy. Delving into guest data and market research provides invaluable insights into your guests’ preferences, behaviours, and needs.

Book 77

Book Guest Satisfaction Reservations Communication 77

Revenue Hub

FEBRUARY 21, 2024

In the vast expanse of direct marketing literature, vouchers emerge as a formidable strategy to amplify revenue streams. They are not merely a tactic employed by online travel agents to foster additional bookings or transform casual browsers into confirmed guests. Nor are they exclusively the realm of e-commerce platforms.

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Guest Satisfaction Maintenance Book Article 96

Revenue Hub

APRIL 24, 2023

NB: This is an article from Demand Calendar Of course, no specific percentage or amount represents the average revenue leak for the hotel industry, as it varies depending on factors like location, property size, and management efficiency. Regularly review and update room rates based on market demand, competitor pricing, and occupancy levels.

Reservations 90

Reservations Guest Satisfaction Pricing Article 90

Revenue Hub

APRIL 16, 2024

Effective data management in hospitality transcends mere collection; it requires transforming unstructured guest data into structured, actionable insights. The Importance of Guest Data in Hospitality In the hospitality industry, guest data serves as the foundational element that informs and enhances every aspect of the guest experience.

Information 90

Information Article Book Guest Satisfaction 90

Revenue Hub

JUNE 27, 2023

The properties that have meaningfully increased their direct booking rates, overall loyalty and guest satisfaction have done so by fully committing to a data-driven approach that forges memorable moments across every interaction point along each guest’s journey. This is the difference between being well run and well loved.

Marketing 90

Marketing Book Travel and Tourism Communication 90

Revenue Hub

SEPTEMBER 11, 2023

NB: This is an article from innQuest Managing your hotel’s inventory efficiently can significantly impact your bottom line, guest satisfaction and overall operational effectiveness. It should provide real-time updates on room availability, reservations, and guest information.

Pricing 103

Pricing Guest Satisfaction Article Book 103

Revenue Hub

JUNE 7, 2023

NB: This is an article from Staah If you are a smart hotelier or any type of accommodation provider, you would not want to miss the chance of converting your website visitors from an OTA (or any other source) and bag the commission-free direct bookings. This ensures that guests have access to real-time data and can make informed decisions.

Book 83

Book Guest Satisfaction Pricing Reservations 83

Revenue Hub

SEPTEMBER 5, 2023

NB: This is an article from BEONx , one of our Expert Partners Effective management of room inventory can make or break a hotel’s reputation and bottom line. From optimizing revenue to enhancing guest experiences, a well-structured inventory management strategy is essential.

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Pricing Reservations Training Article 99

Revenue Hub

SEPTEMBER 6, 2023

NB: This is an article from Staah Let’s explore the various types of online distribution that every hospitality industry should embrace to maintain their prominence in the eyes of potential guests. Streamlined Booking Engine An online booking engine is a pivotal element in closing the sale with potential guests.

Book 95

Book Guest Satisfaction Reservations Article 95

Revenue Hub

OCTOBER 26, 2023

The hospitality industry has consistently led the way in adapting to the ever-changing needs of travelers and guests. NB: This is an article from Cendyn , one of our Expert Partners One notable innovation that has recently gained substantial momentum is the “Buy Now, Pay Later” (BNPL) payment option.

Book 91

Book Reservations Budgeting Guest Satisfaction 91

Revenue Hub

APRIL 3, 2023

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.

Guest Satisfaction 73

Guest Satisfaction Book Reservations Article 73

Revenue Hub

MARCH 13, 2024

As we delve deeper into the nuances of the guest journey within the hospitality sector, it becomes increasingly clear that the traditional narrative may overlook a critical initial phase: problem recognition. Moreover, this approach facilitates a deeper understanding of the diverse reasons behind guest travel.

Guest Satisfaction 87

Guest Satisfaction Article Book Marketing 87

Revenue Hub

OCTOBER 25, 2023

NB: This is an article from RateGain In the realm of hotel distribution and connectivity, two essential tools are often in the spotlight: GDS vs Channel Manager. GDS connects travel professionals, such as travel agents, with hotel inventory, facilitating real-time reservations. appeared first on Revenue Hub.

Book 97

Book Reservations Guest Satisfaction Pricing 97

Revenue Hub

OCTOBER 6, 2023

NB: This is an article from Revinate Ever since the introduction of online travel agencies (OTAs) in the ‘90s, hoteliers have struggled to achieve the optimal distribution mix between OTAs and hotel direct bookings. Prior to the pandemic, OTAs held the majority of the market share for bookings. There’s a battle raging.

Book 103

Book Communication Guest Satisfaction Article 103

Blue Magnet Interactive

OCTOBER 27, 2023

From the undying power of social media to the continued importance of search engine marketing, maintaining a robust online presence is no longer a luxury – it’s a vital aspect of success. But where exactly should you channel your funds to maximize visibility and guest engagement? Versatility: Digital marketing is diverse.

Budgeting 52

Budgeting Marketing Blog Book 52

Revenue Hub

JULY 31, 2023

NB: This is an article from CartStack Subscribe to our weekly newsletter and stay up to date The hospitality industry has been consistently investing in its online presence, and key players are banking on the success of their digital offerings. After the pandemic in 2021, Google searches for hotels increased by 92%.

Book 85

Book Travel and Tourism Guest Satisfaction Reservations 85

Revenue Hub

MARCH 26, 2024

NB: This is an article from Flyr for Hospitality (formerly Pace Revenue) , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Case in point: 2.5 Anticipating needs and tailoring experiences become second nature, enhancing overall guest satisfaction.

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Guest Satisfaction Procurement Information Article 62

Revenue Hub

JUNE 20, 2023

NB: This is an article from CartStack They hold the key to attracting more guests, boosting direct bookings, and ultimately increasing your hotel’s revenue. In this article, we’ll unlock the secrets of effective online reputation management that can propel your hotel to new heights of success.

Book 77

Book Article Guest Satisfaction Reservations 77

Revenue Hub

AUGUST 22, 2023

NB: This is an article from Roomdex , one of our Expert Partners The industry loves to talk about it, but it has been very hard to achieve. First, you need to know what the guest will want, and second, you need to have the operational bandwidth to deliver it. ABS is one technology that enhances both guest experience and revenue.

Guest Satisfaction 73

Guest Satisfaction Reservations Pricing Article 73

Revenue Hub

MAY 17, 2023

In today’s dynamic world, where guests are spoiled for choice and hotel supply is increasingly abundant, hoteliers must continually adapt and innovate to maintain and increase occupancy rates. Direct bookings help you build stronger relationships with your guests while avoiding OTA commissions. Apply this to dynamic to discounting too.

Book 83

Book Guest Satisfaction Pricing Article 83

Revenue Hub

SEPTEMBER 12, 2023

Welcome, hoteliers, to a journey to skyrocket your bookings and conquer the direct reservation game! NB: This is an article from Userguest , one of our Expert Partners In the dynamic world of the hospitality industry, grabbing the reins of direct bookings is like capturing the golden fleece.

Book 84

Book Pricing Guest Satisfaction Article 84

Revenue Hub

JULY 11, 2023

NB: This is an article from Lybra , one of our Expert Partners Amid a sea of considerations, ranging from efficient staff management and impeccable property upkeep to top-tier customer service, revenue management emerges as a critical linchpin. This could involve dynamic pricing, special promotional offers, or targeted marketing campaigns.

Pricing 65

Pricing Book Article Events 65

Xotels

NOVEMBER 23, 2023

This is just one of the many important things discussed in this article. As a hotel management company , we hope this article will help you with the basic concept of hotel management to explore different hotel positions and everything in between. Article Summary What Is Hotel Management All About, And Why Is It Important?

Housekeeping 40

Housekeeping Maintenance Article Concierge 40

Xotels

NOVEMBER 23, 2023

This is just one of the many important things discussed in this article. As a hotel management company , we hope this article will help you with the basic concept of hotel management to explore different hotel positions and everything in between. Article Summary What Is Hotel Management All About, And Why Is It Important?

Housekeeping 40

Housekeeping Maintenance Article Concierge 40

Revenue Hub

OCTOBER 2, 2023

In the world before the Internet, the ramifications of disappointing a guest were more contained than they are in modern times. percent of the global population – and active Internet usage in hospitality’s highest spending market, the United States, has passed 90 percent.

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Reservations Pricing Guest Satisfaction Article 90

InnQuest

FEBRUARY 3, 2023

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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Book Reservations Communication Pricing 220

Revenue Hub

NOVEMBER 24, 2022

NB: This is an article from The Hotels Network , one of our Expert Partners. Welcome returning users to encourage reservations. Grow your marketing database. The luxury hospitality industry, like no other, thrives on positive reviews and guest satisfaction. Read more articles from The Hotels Network.

Pricing 77

Pricing Book Article Guest Satisfaction 77

Revenue Hub

MARCH 7, 2024

It’s about making smart decisions that continuously fuel growth and adapting swiftly to an ever-changing market. Studies show that: Data-driven decisions can have a 25% increase in guest satisfaction scores and a 15% increase in RevPAR. With commercial intelligence, you’re not just surviving; you’re thriving.

Information 85

Information Pricing Guest Satisfaction Article 85

Revenue Hub

DECEMBER 8, 2023

Moreover, these advancements will not only redefine the guest experience but also push the boundaries of what is possible in the sector. In fact, the global hotel industry is expected to reach a market value of $870 billion by the end of 2023, with the luxury hotel market estimated at $115.8

Travel and Tourism 98

Travel and Tourism Procurement Maintenance Information 98

Les Roches

DECEMBER 27, 2023

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.

Guest Services 52

Guest Services Definition Customer Service Concierge 52

Revenue Hub

NOVEMBER 14, 2022

NB: This is an article from Beonprice , one of our Expert Partners. The first stage of the guest experience is when a guest makes a reservation at your hotel. These days, most reservations are booked online. Your revenue generation strategies shouldn’t end after a guest has left your hotel.

Communication 52

Communication Reservations Book Concierge 52

Xotels

APRIL 3, 2024

Article Summary: What is the Definition of Revenue Management? Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? Prompt Reactions: Respond swiftly to market fluctuations, demand shifts, and competitor actions.

Pricing 52

Pricing Book Budgeting Marketing 52

Revenue Hub

NOVEMBER 15, 2022

Most people have probably heard the inspirational business mantra: NB: This is an article from Right Revenue , one of our Expert Partners. Reservations Manager doesn’t have time to update rates daily? Of course, the level of expectation will vary hugely depending on the guest, market and hotel. The choice is out there.

Budgeting 52

Budgeting Guest Satisfaction Article Document 52

SiteMinder

NOVEMBER 24, 2023

Evaluating SiteMinder reviews enables accommodation providers to determine its suitability for their specific needs and operational requirements, allowing them to invest in solutions that align with their business goals and increase overall efficiency, guest satisfaction, and revenue results. Very easy for reservation management.

Reservations 52

Reservations Book Information Definition 52