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Revolutionize Hotel Event Revenue With Dynamic Pricing

Revenue Hub

Dynamic pricing is vital for hotel success today, but only some operators can see beyond the guestroom when applying this technology. NB: This is an article from IDeaS Many factors impacting guestroom dynamic pricing, like seasonality and occupancy, also play a role when optimizing event revenue. What could that look like in practice?

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Unveiling the Future: Hotel and Travel Trends in 2024

Revenue Hub

By tracking and analysing customer journeys through cookies, hotels gain insights into guest behaviour, engagement, and other valuable metrics. This data-rich approach enables hotels to measure guest retention, acquisition rates, and consumer engagement scores, providing a solid foundation for strategic decision-making.

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Hyper Personalized Marketing in Hotels: Try These 8 Audiences

eZee Absolute

By customizing campaigns for families and solo travellers, hotels can provide amenities, services, and experiences that cater to their specific requirements, enhancing overall satisfaction and loyalty. This makes business travellers less price-sensitive and leisure travellers a bit more price sensitive.

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Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

. “The TableUp team are experts in restaurant CRM, loyalty, and guest engagement and, like all of us, are deeply passionate about the industry and the success of their customers. ” The TableUp guest retention platform empowers restaurants of all sizes to increase customer engagement and reward guests for their loyalty.

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10 Effective Cost-Saving Strategies for Hotels

Revenue Hub

The reliance remains heavily on manual processes, outdated systems, and disjointed software solutions, which can lead to inefficiencies, errors, and poor guest experiences. Leverage Word of Mouth Hotels can leverage the power of word of mouth to reduce costs by increasing guest retention and decreasing marketing expenses.