Remove Events Remove Guest Satisfaction Remove Marketing Remove Special Events
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Revenue Managers: Yes It’s a Seller’s Market But Don’t Get Greedy

Revenue Hub

As we waited for the promised wave of demand to arrive, we realized we had misjudged the market’s profile. Firstly, our city is a drive-in market; guests don’t stay for three nights for special events. Also, we didn’t consider the demographics of our target guests. Our demand dried up.

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Maximize Return on Experience (ROE) with Data Driven Marketing

Revenue Hub

Many hotels collect guest data with the guest’s permission but how many truly use it effectively? Guest profiles built by data offer hotel marketers a single pane of glass to view the guest’s stay history, preferences, and life events or celebrations.

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How to streamline daily operational tasks for your hotel today?

InnQuest

Maximizing Revenue in a Competitive Market Implementing a dynamic pricing strategy can improve revenue management and help hotels maximize profits. Accurate forecasting is another critical aspect of revenue management, allowing hotels to price confidently and prepare for high-demand seasons and special events.

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Decoding Hotel Demand: Mastering Hotel Seasonality for Profit

Revenue Hub

NB: This is an article from Demand Calendar Factors such as the destination’s appeal for tourism, business events, cultural festivals, and other attractions are the primary drivers of the demand for overnight stays. Instead, add values the guest will appreciate to make the offering attractive. Strategies could include.

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Maximizing Return on Experience (ROE) Through Data-Driven Marketing

Revenue Hub

The properties that have meaningfully increased their direct booking rates, overall loyalty and guest satisfaction have done so by fully committing to a data-driven approach that forges memorable moments across every interaction point along each guest’s journey. This is the difference between being well run and well loved.

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What is discount pricing? Strategy and examples for hotels

SiteMinder

Hoteliers utilise discount pricing to fill rooms during slow seasons, entice loyal customers, or to stay competitive when market conditions change. By understanding and employing discount pricing strategically, hotels can maximise revenue, improve guest satisfaction, and enhance their overall brand image.

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Why you should have a restaurant at your hotel

Hotel Owner

Beyond serving hotel guests, they often draw locals and tourists alike, becoming pillars of culinary excellence and community engagement. Understanding the market Before delving into the specifics, it’s crucial to grasp the dynamics of the UK’s culinary scene. Such initiatives foster goodwill and encourage repeat business.