Remove tag inventory
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Myths About Revenue Management Technology

Revenue Hub

In this blog we will focus on the five commonly held myths about revenue management technology and why you don’t need to worry. Frequent data synchronizations: ideally, your systems should update hourly or in real-time to prevent overbooking or other errors from using inaccurate reservation/inventory information.

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Late bookings: Guide to last minute bookings for hotels

SiteMinder

This blog will provide a full guide to late and last-minute bookings, and how your hotel can benefit from them. Last-minute hotel room bookings have a range of benefits including: Maximised occupancy : Filling rooms at the eleventh hour ensures that you’re making the most of your available inventory.

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Best gift shop point of sale (POS) system with easy inventory, billing, and more!

Lithos POS

Additionally, improved inventory management will help you easily track the items based on their category and combinations. by using an efficient POS system you can simplify and keep your business operations such as sales, inventory, reporting, and customer relationship management, and you can save time and cost.

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Shrinkage in retail and how to prevent it

Lithos POS

The shrinkage can be calculated as Shrinkage = System inventory – Physical inventory. For example, the System inventory is 20 lks, and the Physical Inventory is 19.5 Primary causes of retail inventory shrinkage. Primary causes of retail inventory shrinkage | LithosPOS. Audit inventory levels regularly.

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Your property’s guide to hotel advertising

SiteMinder

In this blog, we’ll explore the key role of advertising in bringing your hotel success, and how you can make your advertising strategy the best it can be. If you need help managing your inventory on multiple channels, use a channel manager to save time , reduce errors, and limit double bookings. Table of contents. Social media.

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How to write a restaurant marketing plan that puts butts in seats [Ideas and Strategies]

7 Shifts

They're people leaders, customer service providers, line cooks, inventory managers, occasional bartenders, public relations reps, number crunchers, and even marketers. Title tags are important for user experience, SEO, and social sharing, so display your restaurant name here. Create a blog on your website. “It

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Elevating Hotel Profits: A Deep Dive into Dynamic Pricing

eZee Absolute

In this blog, I will discuss everything Arjun told me (and what I know now) about dynamic pricing for hotels and how you can make the most out of it to mint revenue for your business. Dynamic pricing is like a flexible price tag for products or services that can change depending on different factors.

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