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Direct Pre-Authorizations Can Boost Hotel Revenue Starting Today

Revenue Hub

NB: This is an article from Revenue Team by Franco Grasso , one of our Expert Partners. This is especially true in high season when you’re counting on maximizing your revenue. Last-minute cancellations and no-shows can leave you with a hole in your revenue projections if you don’t use them or if you leave them in the hands of the OTAs.

Book 52
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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

revenue projections) and will detail your coffee shop's unique selling proposition. In his classic book, Setting the Table, Danny Meyer outlined his process for hiring at Union Square Hospitality Group—the 51% solution. The findings will guide you to best answer the following question: “Is my idea worth pursuing?”.

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Identifying Ancillary Revenues and Driving Additional Revenues

Revenue Hub

Although occupancy rates and room revenues projection are now approaching 2019 levels, the outlook for ancillary revenue is expected to lag behind due to business travel, meetings, and a slower return of group bookings. Update your website to promote and book all ancillary opportunities.

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How to Start a Hotel Business

Xotels Hotel Revenue Management

Location Where you choose to locate your property has proven to be critical in the way your hotel can be positioned in the market, and how guests can be drawn to book your hotel. MS, Web Booking Engine, CRS, GDS, Channel Manager, Rate Shopper, CRM. Covering this will be the revenue projections for the next five years.