Revenue Hub

NOVEMBER 23, 2023

Giving guests confidence when booking by allowing them to cancel by a certain deadline for a full or partial refund when unavoidable circumstances arise. Non-refundable Policies These are best applied to last-minute bookings, late cancellations (such as within 24 hours of check-in), and no-shows.

Reservations 93

Reservations Book Special Events Article 93

7 Shifts

JULY 22, 2022

Special Events. Event management. The shift to warmer weather signals the start of a busy event season, from weddings to birthday parties to networking parties. These events will often bring new guests to your restaurant, and you want to make sure you maintain a high level of service to turn them into loyal customers!

Scheduling 156

Scheduling Document Special Events Communication 156

Hotelogix

JANUARY 31, 2024

It's not just about the amenities or the quality of the room; it's about the entire journey of your guests, from the moment they consider booking to the moment they leave your property and even beyond. This could mean user-friendly booking systems, efficient check-in procedures, and readily available assistance.

Guest Services 130

Guest Services Customer Service Demo Book 130

EATER

DECEMBER 1, 2022

No matter which pop-up you make it to, you can expect book signings and chats with our favorite cookbook authors, interactive tastings of everything from wine to chile oil, and demos from experts in coffee, spices, and more. plus extended hours for special events (see below). plus extended hours for special events (see below).

Demo 69

Demo Marketing Special Events Book 69

Hospitality Magazine

AUGUST 28, 2023

The rest of the year is full of special events at Midden, food shows, and more visits to communities, schools, festivals, and finishing my new book. The post Mark Olive on opening Midden at the Sydney Opera House appeared first on hospitality | Magazine.

Special Events 130

Special Events Magazine Book Events 130

Revenue Hub

NOVEMBER 15, 2023

When demand is strong, such as during weekends, holidays, and special events, prices increase to capture a higher average rate. When demand is soft, such as during the winter season and on shoulder nights, prices go down to attract more bookings. Have you booked a flight lately?) And they know it works both ways.

Pricing 100

Pricing Book Special Events Article 100

EATER

NOVEMBER 29, 2023

Sunday, plus extended hours for special events (see below) Friday, December 8: Oyster shucking with Greenpoint Fish & Lobster 5 p.m. A book signing will follow. Read on for more details on what you can find, and check back here for more programming updates. Tuesday to Saturday, 11 a.m. Capacity is limited.

Marketing 91

Marketing Demo Workshop Special Events 91

Revenue Hub

JULY 10, 2023

Wholesale The wholesale segment refers to those leisure guests or FITs (free independent travelers) who book through a wholesaler with special negotiated rates. Transient Transient travelers are FITs or business travelers who typically book last minute directly through the hotel, travel agent, or an OTA.

Marketing 80

Marketing Special Events Book Article 80

Hotel Business

JUNE 12, 2023

Together, the three properties offer a total of 380 suites, building Island’s presence in new urban markets while attracting a mix of special events, corporate bookings and group business. The properties feature furnished and unfurnished suites with fully equipped kitchens and in-room washer and dryer.

Special Events 52

Special Events Hospitality Management Book Events 52

Revenue Hub

JANUARY 9, 2024

That said, there are a few foundational factors that typically influence hotel forecasting projections.

Special Events 75

Special Events Book Article Information 75

Revenue Hub

JUNE 27, 2023

Subscribe to our weekly newsletter and stay up to date Dynamic pricing algorithms can be targeted to focus on: ● Occupancy demand. ● Guest booking patterns. ● Different market segments. ● Day of week patterns. ● The average length of stay (ALOS) of guests. ● Room type preferences. The Pros 1. Create or increase demand.

Pricing 94

Pricing Book Special Events Maintenance 94

Revenue Hub

JULY 24, 2023

You don’t want to damage your reputation by having guests unable to book during their preferred dates without understanding why. Hosting Events : Hotels can create demand by hosting events, conferences, or partnering with local businesses for special events. Strategies to attract more guests could include.

Maintenance 78

Maintenance Travel and Tourism Special Events Guest Satisfaction 78

Revenue Hub

SEPTEMBER 25, 2023

If a small increase in price leads to a significant drop in bookings, we can say that guests are highly price-sensitive. On the other hand, if the number of bookings remains relatively stable despite rate changes, the guests are considered less price-sensitive.

Pricing 93

Pricing Travel and Tourism Special Events Article 93

Revenue Hub

NOVEMBER 2, 2022

Of course, from discounted rates to special inclusions, there are many ways that hoteliers can tempt potential guests and encourage them to book a stay. That said, there are extra steps hoteliers can take to maximize holiday bookings and make sure their marketing efforts hit the right notes and drive conversions.

Book 83

Book Special Events Article Events 83

Revenue Hub

FEBRUARY 20, 2023

According to research conducted by Google and Bain , the top factors influencing people to travel include the following: 17% of travelers felt motivated to book a trip because they often thought about trips they’d like to go on. 7% wanted to celebrate a special event. 16% wanted to go on vacation.

Special Events 81

Special Events Article Book Pricing 81

Revenue Hub

SEPTEMBER 5, 2023

Leveraging historical data, market trends, and special events, hotels can predict periods of high and low demand. MinLOS ensures that guests don’t book for only one night during busy times, while MaxLOS prevents extended bookings that could lead to a loss of potential revenue from other guests.

Pricing 96

Pricing Reservations Training Article 96

InnQuest

SEPTEMBER 13, 2022

In addition, chatbots can be useful for marketing purposes because of the huge amount of data they collect, and they allow hotels to promote special events and promotions directly to customers. The booking engine is what allows customers to book rooms and other facilities in a hotel online.

Housekeeping 130

Housekeeping Book Guest Satisfaction Information 130

SiteMinder

OCTOBER 10, 2023

Offer lower rates for guests booking multiple rooms, ideal for group travellers or event attendees. Example: A 10% discount for bookings of 5 rooms or more. Example: Book a room at a 20% discount and receive a voucher for 50% off spa services. Example: Book within 48 hours of check-in and receive a 30% discount.

Pricing 59

Pricing Guest Satisfaction Book Events 59

Modern Restaurant Management

FEBRUARY 27, 2024

“Now, they include online booking information, online ordering, reviews and Q&As to provide customers with a richer experience. Restaurants should constantly update their online profiles for accuracy, especially during holidays or special events when operating hours may change.

Information 188

Information Special Events Marketing Training 188

Revenue Hub

APRIL 10, 2024

Ensure your hotel’s information is current, including amenities, services, and any special events or promotions. For hoteliers, embracing these changes and optimizing their presence on Google Maps can lead to increased visibility, engagement, and ultimately, bookings.

Information 87

Information Special Events Article Blog 87

Hotel Owner

APRIL 6, 2023

By using a loyalty programme, building your social media presence, or creating direct marketing campaigns, it allows you to reach potential guests and incentivise them to book directly with the hotel. You need to offer your clientele something special, something different, which will attract them to come and spend their money at the property.

Events 102

Events Travel and Tourism Book Special Events 102

Revenue Hub

FEBRUARY 23, 2024

Special Events Watch for festivals, concerts, trade shows, sporting events, Comic-Cons, or literary events in your area. Tailor your hotel’s offerings to these events with themed rooms, special packages, or exclusive services.

Travel and Tourism 83

Travel and Tourism Events Special Events Article 83

SiteMinder

OCTOBER 5, 2023

It allows you to manage bookings, adjust nightly rates, availability, and streamline inventory management. This global exposure means that hotels, regardless of size or location, have the opportunity to attract travellers from various regions, enhancing their booking potential. A particularly useful feature is the rate management tool.

Competitive Analysis 59

Competitive Analysis Book Property Management Information 59

Revenue Hub

JULY 11, 2023

This allows your hotel to maximize revenue during high-demand periods and stimulate bookings during slower periods. Distribution Channel Management Distribution channels refer to the various ways a guest can book a room at your hotel. This could be through an Online Travel Agency (OTA), direct booking through your website, or walk-ins.

Pricing 63

Pricing Book Article Events 63

Revenue Hub

APRIL 11, 2023

One example is when a front desk employee receives an inquiry for a hotel room that is fully booked; the employee will tell the guest that the hotel is fully booked and then do nothing else. It is even worse in hotels with extensive meeting spaces when employees tell the customer that the hotel is fully booked.

Book 74

Book Reservations Information Catering 74

Hotel Business

SEPTEMBER 15, 2023

There will likely be a special event or sudden period of high demand, so always look for those opportunities. This helps you understand if there is market compression or depression that your on-books have not yet reflected, giving you the heads up to course-correct. Using external data about your market can assist here.

Special Events 64

Special Events Pricing Accounting Events 64

eZee Absolute

AUGUST 31, 2022

Host a special event. Every year, during Diwali, the global hospitality industry witnesses a great surge in bookings. The same report also stated that there has been a 22% increase in domestic travel bookings during the same time of the year. Host a special event. Plan around the gifts.

Special Events 52

Special Events Pricing Events Book 52

SiteMinder

NOVEMBER 30, 2023

It encompasses advanced booking engines, property management systems, customer relationship management (CRM) software, AI-driven chatbots, and more. Once upon a time your guests would book over the phone, by walking into a hotel, or through a travel agent. Secondly, technology is designed to simplify and accelerate specific tasks.

Guest Satisfaction 52

Guest Satisfaction Book Property Management Pricing 52

The Restaurant Times

APRIL 25, 2021

When we talk about restaurant marketing and promotion, most people think of discounts, coupons, and special offers, such as the classic buy-one-get-free deals. These techniques are some of the oldest tricks in the marketing book and work well to draw in customers. For one, offering special deals and discounts can be costly.

Special Events 52

Special Events Events Scheduling Pricing 52

Revenue Hub

OCTOBER 23, 2023

If they’re too high, the property is missing bookings that it would have received, and if they’re too low, the hotel is leaving money on the table for every individual booking. Even when an individual university shifts an event date like a family weekend, it can cause a sudden surge in bookings on an off weekend.

Pricing 80

Pricing Book Reservations Property Management 80

Revenue Hub

OCTOBER 17, 2023

When you offer extra services like dining, spa treatments, or tours, you can earn additional income on top of what you make from room bookings. Bundling services can increase the perceived value and encourage guests to book. This helps generate revenue from event bookings and showcases your hotel’s capabilities to a broader audience.

Concierge 91

Concierge Events Book Catering 91

SiteMinder

OCTOBER 15, 2023

Here are some of the advantages of using dynamic pricing at your hotel: Boost occupancy – When demand drops, you can drop your rate to increase the chances of a booking. It pays to take notice of what’s happening around you in real-time so you can quickly capitalise on opportunities to capture extra bookings or maximise profit.

Pricing 59

Pricing Definition Book Marketing 59

Synergy Suite

MARCH 7, 2023

A restaurant reservation system is a software tool that allows customers to book tables and make reservations at restaurants. Tock Tock is known for its innovative reservation system, offering customizable features, prepaid bookings, and unique dining experiences, such as chef’s tastings and special events.

Reservations 52

Reservations POS Systems Demo Book 52

Hotel Owner

NOVEMBER 24, 2022

I started as a porter in South Africa, which was followed by concierge roles doing a lot of special events and special projects, such as million-dollar golf. It’s a difficult one to get into, so we get bookings out two weeks in advance. How did your career in hotels begin and what makes you stay in this industry? .

Training 102

Training Concierge Special Events Housekeeping 102

Modern Restaurant Management

DECEMBER 10, 2021

Book in advance, or wait half an hour for a table. Once you have this information, you can reach out to customers a week before the special day and invite them to celebrate their special day at your restaurant. Then prepare to wow them with a special offer. If you pull a joker, the meal is on the house. Net result?

Marketing 226

Marketing Information POS Systems Demo 226

Revenue Hub

OCTOBER 30, 2023

From there, demand forecasting is influenced by performance data, price sensitivity, overrides, and other inputs like Special Event tags for appropriate outlier days. You control the initial setup, devise a strategy and provide a starting point for the system. The end result? For instance, consider this anecdote from an IDeaS client.

Pricing 87

Pricing Special Events Article Book 87

SiteMinder

AUGUST 29, 2023

Host events and functions Similar to the last point, if you have the space to host special events you should do so. In order to increase direct bookings , hotels need to think about their overall web presence, not just OTAs. How does a booking engine cut costs and increase revenue?

Housekeeping 52

Housekeeping Guest Satisfaction Book Maintenance 52