SiteMinder

DECEMBER 3, 2023

What are holiday bookings? Holiday bookings refer to the reservations made by individuals or groups for accommodation, travel, and other related services during their vacation period. For hotel managers, effectively managing holiday bookings is crucial.

Book 105

Book Pricing Reservations Budgeting 105

SiteMinder

SEPTEMBER 10, 2023

What is a hotel budget? A hotel budget is a financial plan that outlines the projected income and expenditures for a specific period, usually one fiscal year. It serves as a financial blueprint, detailing various revenue streams such as room bookings, food and beverage sales, and ancillary services.

Budgeting 59

Budgeting Maintenance Front Desk Operations Document 59

Revenue Hub

OCTOBER 26, 2023

This innovative payment solution is revolutionizing the way travelers make reservations, dine at restaurants, and access a wide range of services within the hospitality sector. The significance of integrating Buy Now, Pay Later in your hotel booking engine BNPL has revolutionized how travelers secure their accommodations.

Book 90

Book Reservations Budgeting Guest Satisfaction 90

Revenue Hub

DECEMBER 13, 2023

For hotel managers, effectively managing holiday bookings is crucial. It ensures that guests have a seamless experience from the moment they make a reservation to the time they check out. Additionally, 88% of respondents from the UK prefer to book hotels and alike with the assistance of a person during travel.

Book 96

Book Budgeting Article Reservations 96

SiteMinder

MARCH 13, 2024

What is a hotel booking app? A hotel booking app is an application or website that travellers use to book a stay at a hotel. Often travellers will use apps via their mobile devices to research, book, and pay for hotel accommodation. Table of contents Why should you be aware of the best hotel booking apps?

Book 60

Book Reservations Blog Housekeeping 60

Hotelogix

DECEMBER 7, 2023

To be very precise, it has shaped the way guests book their accommodations at hotels. This gives them a better idea of what fits their requirement and budget best. If you want to generate incremental OTA bookings well, you need to work with the best of them with a well-thought-out strategy. Then this guide is all you need. 

Book 268

Book Budgeting Catering Strategic Planning 268

Synergy Suite

MARCH 14, 2023

And that’s not even mentioning the benefits a quality restaurant reservation system provides to your front-of-house staff, allowing them to communicate and collaborate, find solutions in real-time, and generally have an ease and organization to their work. So, how do you choose the right restaurant reservation software for you?

Reservations 52

Reservations POS Systems Front of House Communication 52

Hotelogix

JANUARY 30, 2024

The report also covers cancellations, no-shows, and temporary reservations for the day. Additionally, it includes reports on no-shows, occupancy, market analysis, company contributions, business analysis, MIS, and a manager flash report with budget details for comprehensive analysis. Benefits of these reports Here they are.

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Housekeeping Reservations Budgeting Book 147

Revenue Hub

DECEMBER 14, 2023

That is why no benchmarking experience can be considered comprehensive without frequent insight into future booking levels in the marketplace. This gives you the most accurate, like-for-like insights into how your business on the books is shaping up. Pickup shows the change in bookings from one data collection period to the next.

Book 92

Book Article Marketing Pricing 92

SiteMinder

OCTOBER 15, 2023

What are booking channels? Booking channels are platforms by which your hotel can accept reservations online or offline. Examples of booking channels include your own website, online travel agents like Booking.com, metasearch sites like Google, traditional travel agencies, global distribution systems (GDS), and more.

Book 59

Book Travel and Tourism Reservations Blog 59

Blue Magnet Interactive

OCTOBER 27, 2023

This article unravels the significance of each component of a well-balanced 2024 Hotel Marketing Budget and offers insights into how you can invest wisely. Here’s why it’s absolutely pivotal to channel a significant portion of your 2024 hotel marketing budget into digital arenas: Global Reach: The internet knows no boundaries.

Budgeting 52

Budgeting Marketing Blog Book 52

Revenue Hub

MARCH 22, 2023

Direct bookings have become essential to any independent hotel’s distribution mix. Subscribe to our weekly newsletter and stay up to date Still, it’s important to note that all bookings are innately good. Different types of bookings will bring you varying amounts of revenue and profit.

Book 74

Book Reservations Article Budgeting 74

Revenue Hub

FEBRUARY 2, 2023

This led to their search for a solution to effectively increase their direct bookings, without doing so at the expense of their promotional budget. A Smart Note with a 10% discount was shown to low-intent users with a 0 to 40% probability of completing a reservation, and who were in Group A.

Book 76

Book Download Reservations Article 76

Xotels

AUGUST 15, 2022

How far are you with your targets, budget, and plan of attack for next year? Did you make your new hotel budget already or are you right in the middle? Now is the time to take action to build your hotel budget plan! Hotel Budgets: Where it All Starts… The basis of the target or budget lies in a detailed demand calendar.

Budgeting 59

Budgeting Marketing Blog Accounting 59

Revenue Hub

APRIL 24, 2024

In order to maximize revenue across the business, hoteliers should focus their budget on elevating the guest experience using advanced reservations, distribution, marketing, and data services. When travelers feel like a brand knows them and what they want, it increases their likelihood to book and deepens loyalty.

Book 90

Book Reservations Article Information 90

Revenue Hub

SEPTEMBER 25, 2023

Running a hotel is a complex and balancing act: you want to ensure all your rooms are booked and your guests are happy, but how do you set the right prices to make this happen? rate types are designed to cater to different guest preferences, needs, and booking behaviours. These packages provide added value for guests.

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Reservations Book Pricing Catering 97

Hotel Owner

NOVEMBER 2, 2022

Cloudbeds, the hospitality management platform powering more reservations and happier guests for lodging businesses around the globe, has announced the global launch of Cloudbeds Amplify. Travelers have endless choices when it comes to booking their next stay,” said Adam Harris, CEO and Co-Founder of Cloudbeds.

Book 52

Book Reservations Budgeting Marketing 52

Hotel Owner

OCTOBER 17, 2023

While occupancy levels still lag behind pre-pandemic levels, many consumers are opting for budget hotels, squeezing middle-market options. and budget hotels at £108.70. This gap has widened, with luxury hotel prices 268% higher than budget hotels in July 2023, compared to the pre-pandemic peak season at 244%.

Budgeting 98

Budgeting Events Reservations Marketing 98

MEWS

JANUARY 16, 2023

They generally appeal to a younger audience on a shoestring budget who is willing to forgo privacy to spend less. A hostel works the same way as a hotel in the fact that you can book ahead of time. Similarly, the best thing about hostels is that you can usually find a bed (oftentimes hostels even reserve some beds for walk-ins).

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Budgeting Reservations Book Housekeeping 130

Revenue Hub

NOVEMBER 15, 2022

Yet ADR in UK hotels is still growing, business on the books remains strong and travel sentiment from consumers is positive. If your hotel is not currently considering including new technology in the 2023 budget, below are 5 things you may wish to consider – plus an added bonus: 1 reason NOT to adopt new technology.

Budgeting 52

Budgeting Guest Satisfaction Article Document 52

Revenue Hub

AUGUST 24, 2023

Hoteliers and marketing executives in the hotel industry are faced with a multitude of challenges, including budgeting, marketing decisions, selecting appropriate distribution channels, and proper pricing. ” or “What reservation revenue was achieved?” ” need to be answered.

Pricing 86

Pricing Budgeting Article Reservations 86

Revenue Hub

OCTOBER 25, 2023

As a hotel owner or manager, you’re continually exploring ways to boost your property’s visibility, manage bookings efficiently, and maximize revenue. They allow hotels to reach a global audience through travel agencies and online booking platforms. Corporate travel agencies and large businesses often use GDS to make reservations.

Book 96

Book Reservations Guest Satisfaction Pricing 96

Revenue Hub

NOVEMBER 14, 2023

Plan : Using proprietary algorithms and AI technology, you can highlight opportunities and threats, build accurate forecasts and budgets, giving you a map for your property’s success. By leveraging the Vertical Booking CRS, in conjunction with Hotel IQ Decision Cloud, a fifth pillar of business intelligence is added: Action.

Reservations 57

Reservations Book Budgeting Scheduling 57

Revenue Hub

SEPTEMBER 27, 2023

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. It aims to drive immediate sales and bookings through various promotional tactics. Can you see what this approach is lacking?

Marketing 91

Marketing Guest Satisfaction Reservations Book 91

Blue Magnet Interactive

OCTOBER 31, 2023

While OTAs typically charge a commission for every booking, the volume of potential guests they bring to a hotel often offsets this cost. Direct Bookings through Hotel Websites With the right marketing strategy, hotels can drive a significant amount of traffic to their official websites.

Book 52

Book Budgeting Pricing Reservations 52

Larry Mogelonsky

AUGUST 2, 2023

Meanwhile, midweek occupancies aren’t looking so hot as companies are loathed to give up the huge cost savings from the videoconferencing boom by returning to the days of overly generous corporate travel budgets. Conquering this obstacle requires contextual data – that is, the how and when behind your conversion funnel.

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Budgeting Reservations Book Marketing 100

Revenue Hub

OCTOBER 4, 2023

NB: This is an article from three&six , one of our Expert Partners Google Ads , a pivotal platform in the hotel marketing toolkit, provides a variety of attribution models to help hotels understand how their ads contribute to bookings. They illuminate the interactions and marketing channels that shape a guest’s path to booking.

Marketing 87

Marketing Book Article Budgeting 87

Revenue Hub

JANUARY 25, 2023

Competing against online travel agencies (OTAs) and large hotel chains backed by billion-dollar marketing budgets can be intimidating for independent properties. The more travelers see your brand name through advertisements, the more top of mind you’ll be when they decide to book. Drive more reservations. Communicate value.

Reservations 79

Reservations Communication Book Article 79

eZee Absolute

SEPTEMBER 22, 2023

Running a hotel is a complex and balancing act: you want to ensure all your rooms are booked and your guests are happy, but how do you set the right prices to make this happen? rate types are designed to cater to different guest preferences, needs, and booking behaviours. These packages provide added value for guests.

Catering 52

Catering Reservations Book Pricing 52

Revenue Hub

APRIL 11, 2023

Still, it is one of the most critical decisions hoteliers can make to improve profitability and boost reservations. Marketing systems collect information about guests, and the hotel PMS has all the information about the reservations, which reflects guest behavior. That was when the hotel booking engines started to emerge and grow.

Book 76

Book Reservations Information Catering 76

Hotel Owner

MARCH 25, 2024

Implement digital booking systems, mobile apps for spa reservations, and interactive touch screens for browsing treatments and amenities. Cater to guests seeking holistic wellness experiences that encompass physical, mental, and emotional wellbeing.

Budgeting 98

Budgeting Training Scheduling Catering 98

Revenue Hub

JUNE 13, 2023

As we mentioned earlier, this will help bring traffic to your hotel website, and can possibly lead to more direct reservations. Hotels that use this platform regularly for marketing activities may benefit from great results, more direct bookings, and more brand awareness. appeared first on Revenue Hub.

Book 52

Book Presentation Article Marketing 52

7 Shifts

JULY 10, 2020

Having a specific goal will help you plan out your budget, labor needs, marketing strategy, messaging, and organization before the event. Set a budget ?? With your goal set, work backwards to determine your budget. When it comes to planning your schedule, you’ll want to work within your labor budget limits set above.

Events 140

Events Budgeting Reservations Scheduling 140

InnQuest

SEPTEMBER 12, 2023

It handles guest reservations, check-in/check-out processes, and room assignments and provides concierge services. This includes advertising, promotions, pricing strategies and partnerships with travel agencies and online booking platforms. Human Resource Management: Managing the hotel’s workforce is essential.

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Maintenance Guest Satisfaction POS Systems Housekeeping 220

SiteMinder

OCTOBER 11, 2022

Duties include greeting guests, making bookings, taking phone requests and managing complaints. This can include making restaurant reservations, arranging transport and providing information about the local area. Reservation agent. Duties can include managing a team, scheduling staff, processing payroll, and budgeting.

Maintenance 72

Maintenance Concierge Front of House Budgeting 72

Revenue Hub

APRIL 4, 2023

NB: This is an article from 80 Days This growing channel allows you to drive direct bookings at lower equivalent commissions and compete directly with OTAs (Online Travel Agents). This makes it easy for travellers to compare prices for your hotel across all booking channels. Lots and lots of direct bookings.

Book 71

Book Article Budgeting Reservations 71

Modern Restaurant Management

OCTOBER 1, 2022

Let’s look at low-budget restaurant marketing ideas to succeed in inflationary times. Three Tips to Promote a Restaurant on a Low Budget. Users should easily access the menu, book a table, and click on the phone number or other links without pinching. What you need is to have positive outcomes for every dollar spent.

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Marketing Budgeting Communication Information 199