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Broadening Scope: Why Hotels Must Rethink Revenue Management

Revenue Hub

The role of the hotel revenue manager, while foundational to maximizing a hotel’s room revenue, has become increasingly operational. The absence of a holistic view means that efforts are not necessarily aligned with the overall goal of maximizing revenue per guest.

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How To Select The Right OTAs For Your Hotel - A Comprehensive Guide

Hotelogix

To be very precise, it has shaped the way guests book their accommodations at hotels. This is the primary reason why as a hotelier, you should know how to select the right OTAs for your hotel. OTAs are now a great marketing resource for hotel owners, allowing them to reach a wider audience and optimize revenue.

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The Ultimate Guide to Hotel SMS Marketing

Revenue Hub

In today’s world, instant digital connectivity is the norm and SMS text marketing has risen to prominence as a key strategy in the hotel industry, pivotal for boosting guest engagement and satisfaction. The Essential Role of SMS Marketing in Hotels SMS marketing is revolutionizing the way hotels communicate with their guests.

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Hotel Budgeting for Change (Part 1)

Revenue Hub

NB: This is an article from Global Asset Solutions This is no less true for budget season, although for many in the hotel sector, it can also come with a sense of foreboding. Each plan should include S&M actions, deadline, cost and the ROI of each action and who is responsible for completing each action.

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Why Should The Hotel General Manager Care About Forecasting?

Revenue Hub

NB: This is an article from Demand Calendar The main reason for forecasting is not competition in accuracy; it is to use the forecasts for planning to achieve a healthy profit. As the hotel owner focused on maximizing the return on investment (ROI), forecasting is critical in helping you achieve your goals in several ways.

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Mastering The Art of Resort Revenue Management

Revenue Hub

NB: This is an article from Catala Consulting This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. These forecasts are instrumental in strategic planning, enabling resorts to manage their resources effectively and maintain a consistent revenue stream all year round.

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10 Strategies to Skyrocket Profitability in City Hotels

Revenue Hub

Boosting profitability while maintaining high-quality service in city hotels is both an art and a science. NB: This is an article from Lybra , one of our Expert Partners In this article, we delve into ten comprehensive strategies that can help you drive revenue and enhance guest experiences. Continue reading to discover them all!

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