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Hotel Pricing Strategies to Boost Revenue in 2023

InnQuest

However, one of the biggest challenges hoteliers face is determining the right pricing strategies to maximize their revenue in the post-pandemic world. That said, this blog discusses the important issue of hotel pricing strategies in 2023 and offers helpful advice on how to boost your revenue.

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Guide to hotel fees and surcharges for hotels

SiteMinder

In this blog you’ll learn how your hotel can effectively, transparently and considerately apply fees to boost your revenue, reduce your overall costs, and keep guests happy. Reservation cancellation fees These are charged when guests cancel their bookings, especially if done at the last minute.

Book 105
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What is ALOS and how do you calculate it?

SiteMinder

It’s a key hotel metric to track if you want to optimise your distribution, reduce costs and increase revenue. in Q3, 2022, each booking during that quarter was for 4.5 days on average. ALOS usually shifts throughout the year, depending on the season and its respective travel patterns. Table of contents.

Book 59
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Upcoming Challenges in Hotel Distribution That May Interest You

Revenue Hub

NB: This is an article from mirai , one of our Expert Partners We summarize here some questions about the current context, risks and implications, as well as our recommendations to maintain or increase your share of direct sales. At the same time, they are more demanding in a number of ways, such as searching for the best price.

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Hotel Revenue Management Strategies

Xotels Hotel Revenue Management

As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company. In short, revenue management is a disciplined approach that aims to increase the revenue success of your business.

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How To Increase Hotel Revenue in Low Season

Xotels Hotel Revenue Management

Hotel low season revenue has long been considered to simply be an unfortunate fact of the industry. But the industry has changed so much in such a short space of time, and hotels no longer have to accept that low season automatically means slow business. Identify When Low Season Periods Occur With Forecasting.

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Digital Nomads Are Flocking to Malaysia: How Can Hotels Attract them?

eZee Absolute

Offer flexible booking and payment options. Unlike traditional tourists who often prefer shorter stays, digital nomads tend to stay in one location for extended periods, ranging from a few weeks to several months. Offer flexible booking and payment options. Offer flexible booking and payment options. Table of Content.

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