Revenue Hub

AUGUST 7, 2023

Subscribe to our weekly newsletter and stay up to date By leveraging sophisticated technologies and analyzing vast amounts of data, revenue management analytics empowers hoteliers to make informed decisions that drive revenue, enhance guest satisfaction, and secure a competitive edge.

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Guest Satisfaction Pricing Article Book 90

InnQuest

OCTOBER 17, 2023

They are a result of a delicate balance between maximizing revenue and providing guest satisfaction. While overbooking can lead to guest inconvenience and potential financial losses for the hotel, it is a revenue management strategy used to achieve high occupancy rates. Hotel Overbooking: Concerning or Not?

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Reservations Guest Satisfaction Book Pricing 221

Hotelogix

FEBRUARY 1, 2024

High-end hotel management software or hotel property management systems (Hotel PSM) have a hefty price tag. Trust me, this solution will revolutionize how you run your hotel and improve overall guest satisfaction.  For this, small hotel owners often need more time and resources to make the most of it.  Get demo NOW.

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Guest Satisfaction Training Budgeting Demo 130

Revenue Hub

NOVEMBER 9, 2023

Step 1: Understand the Group Booking Landscape The journey to profitable group booking management begins with understanding the landscape. Step 2: Strategic Pricing and Inventory Management Now it’s time to dive into pricing and inventory management. This step holds the key to maximizing revenue.

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Book Pricing Guest Satisfaction Article 94

Revenue Hub

APRIL 4, 2024

Guests today relish hyper-personalized experiences and tailored offers throughout their stay. With this in mind, hotel executives should leverage guest data to customize offerings and experiences to enhance guest satisfaction and drive loyalty. By 2024, 75% of hotels are expected to use AI for personalized pricing.

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Book Guest Satisfaction Customer Service Pricing 91

Revenue Hub

APRIL 30, 2024

This article debunks these misconceptions, highlighting the complex nature of revenue management that goes beyond pricing to include market analysis and customer behavior. Join us as we uncover the truth about how revenue management can enhance profitability and guest satisfaction. However, this is far from the truth.

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Pricing Information Article Marketing 81

Revenue Hub

SEPTEMBER 13, 2023

NB: This is an article from Demand Calendar If so, you may miss substantial revenue streams and opportunities for greater guest satisfaction. In today’s competitive landscape, full-service hotels and resorts must look beyond room bookings to become truly profitable.

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Guest Satisfaction Pricing Article Book 82

STAAH

FEBRUARY 14, 2024

In the dynamic landscape of the hospitality industry, efficient management of room inventory, rates, and reservations is paramount for success. With real-time updates on room inventory and rates, hotels can implement strategic pricing and promotional strategies to attract more bookings and revenue.

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Reservations Book Guest Satisfaction Pricing 87

Revenue Hub

SEPTEMBER 5, 2023

This allows them to adjust pricing strategies, allocate rooms accordingly, and maximize revenue during peak seasons while avoiding vacancies during off-peak periods. By utilizing revenue management systems, hotels can optimize prices in real-time to strike a balance between attracting guests and maximizing revenue.

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Pricing Reservations Training Article 100

Revenue Hub

OCTOBER 18, 2023

Dynamic Pricing Strategies Dynamic pricing allows hotels to adjust room rates based on demand and booking behaviour. By monitoring user behaviour, hoteliers can identify peak booking times and adjust pricing accordingly. This strategy maximises revenue without alienating potential guests.

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Book Marketing Pricing Guest Satisfaction 84

Revenue Hub

MARCH 20, 2024

By investing in robust direct booking engines, dynamic pricing solutions, and AI-powered chatbots, hoteliers can streamline the booking process and enhance the user experience. By leveraging personalised offers and website notifications, they can entice guests to book directly through their website.

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Book Guest Satisfaction Reservations Article 95

Revenue Hub

JANUARY 19, 2024

This integration ensures that non-room revenue is factored into the overall revenue management strategy, empowering hoteliers to make informed decisions regarding pricing, promotions, and service offerings to maximize RevPAG. This flexibility ensures that prices are aligned with the perceived value of these services.

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Pricing Article Workshop Guest Satisfaction 86

Hotelogix

FEBRUARY 13, 2024

Operating a large independent hotel with 200+ rooms, 4-5 in-house restaurants, a couple of gyms, spas, and gift shops is multifaceted, where precision, efficiency, and guest satisfaction are paramount.   Attracting potential guests Competition is heating up, and guests have become more price-conscious.

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Housekeeping Regulatory Compliance Guest Satisfaction Maintenance 148

Revenue Hub

MAY 17, 2023

In today’s dynamic world, where guests are spoiled for choice and hotel supply is increasingly abundant, hoteliers must continually adapt and innovate to maintain and increase occupancy rates. Direct bookings help you build stronger relationships with your guests while avoiding OTA commissions.

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Book Guest Satisfaction Pricing Article 84

Hotelogix

OCTOBER 18, 2023

It's a comprehensive solution that empowers your hotel to optimize operations, deliver exceptional guest experiences, and thrive in a competitive industry.  It enhances guest satisfaction, optimizes operational efficiency, and drives revenue growth for your hotel business. 

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Reservations Book Information Guest Satisfaction 100

Revenue Hub

JANUARY 9, 2024

Today, we navigate a landscape marked by changing guest expectations, technological advancements, and a competitive market that demands agility and foresight. Room sales are on par with pre-pandemic levels, and hotels have started to experience a slight price resistance.

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Guest Satisfaction Article Pricing Catering 82

Revenue Hub

JANUARY 11, 2024

NB: This is an article from Userguest , one of our Expert Partners As we step into 2024, several key trends are set to redefine the landscape of hotels and accommodations. Whether it’s adding extra nights, bringing family members, or indulging in luxury amenities, personalised experiences contribute to higher guest satisfaction.

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Guest Satisfaction Pricing Guest Retention Catering 84

Metasphere

AUGUST 11, 2023

AI-powered CRM systems have developed how hotels manage guest interactions, analyze data, and deliver highly personalized services. In this blog, we will present the exciting advancements and benefits of AI in hotels for CRM, shedding light on how this cutting-edge technology is reshaping the landscape of the industry.

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Customer Service Guest Satisfaction Blog Information 52

Revenue Hub

JULY 11, 2023

Subscribe to our weekly newsletter and stay up to date Demystifying Revenue Management At its heart, revenue management is a strategic toolkit in the hotel industry that allows businesses to forecast consumer behavior, optimize product availability, and fine-tune pricing to maximize revenue growth.

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Pricing Book Article Events 66

NV Hotels

OCTOBER 24, 2023

Our guest blogger today is Corning. In today’s hospitality landscape, every guest has high expectations when booking a stay – exceptional customer service, competitive prices, and, most importantly, reliable high-speed internet.

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Guest Satisfaction Customer Service Pricing Book 52

Hotel Business

MARCH 13, 2024

By Jared Lerner In the competitive landscape of the hospitality industry, hotels are constantly seeking innovative ways to optimize their operations, increase revenue and enhance guest satisfaction.

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Guest Satisfaction Catering Budgeting Scheduling 69

STAAH

NOVEMBER 21, 2023

Embrace Technology to Attract and Convert While rate parity clauses may tie your hands, smart pricing models can still make direct rates irresistible. Introduce add-ons, packages, and incentives, crafting a pricing model that draws guests directly to your doorstep. Incentivize them to champion direct bookings.

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Book Guest Satisfaction Pricing Training 78

Revenue Hub

AUGUST 22, 2023

NB: This is an article from berner+becker , one of our Expert Partners But instead of violins and cellos, you’re working with bookings, rates, staff schedules, and guest satisfaction. Industry Benchmarks and Competitive Landscape No hotel is an island! Customer Behaviour and Preferences Remember, every guest is an ocean of data.

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Travel and Tourism Guest Satisfaction Book Article 82

Hotel Business

JUNE 21, 2023

Over the past couple of years, Artificial intelligence (AI) has greatly improved hotel operations and efficiency by automating processes such as booking and contactless check-in, allowing staff to focus on providing premium, personalized experiences to guests faster and at reasonable prices.

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Accounting Guest Satisfaction Reservations Pricing 98

Revenue Hub

DECEMBER 11, 2023

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date This shift is revenue-driven and aims to enhance guest satisfaction, strengthen the brand, ensure customer loyalty, and attract more patrons in a highly competitive market for overnight accommodations.

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Guest Satisfaction Article Blog Catering 97

SiteMinder

NOVEMBER 30, 2023

These technologies are designed to automate routine tasks, free up staff for personalised guest services, and provide valuable data insights for improved operations and guest satisfaction. Once upon a time your guests would book over the phone, by walking into a hotel, or through a travel agent.

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Guest Satisfaction Book Property Management Pricing 52

Revenue Hub

SEPTEMBER 7, 2023

Subscribe to our weekly newsletter and stay up to date The evolving landscape of customer attention – and the challenge for hotels At the turn of this century, planning a holiday might have entailed a visit to the local travel agent, a well-thumbed guidebook or word-of-mouth recommendations. Price points can reflect loyalty tier.

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Book Guest Satisfaction Article Information 94

Revenue Hub

SEPTEMBER 12, 2023

Price Comparison Tools: Give guests the power to compare rates between your website and OTAs, showing your unwavering commitment to providing the best deals. Reviews and Testimonials: Trust in the Words of Others Reviews and testimonials are the real deal in today’s travel landscape.

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Book Pricing Guest Satisfaction Article 85

Xotels

APRIL 3, 2024

Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? Many define revenue management as: “Selling the Right Room to the Right Client at the Right Moment at the Right Price.” IKEA (offering lower prices at times when it is least busy).

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Pricing Book Budgeting Marketing 52

Revenue Hub

MARCH 7, 2024

Whether it’s determining your pricing strategy, managing your occupancy rates, or identifying your guests’ favorite food, data analytics allow you to take a more strategic, informed approach. Studies show that: Data-driven decisions can have a 25% increase in guest satisfaction scores and a 15% increase in RevPAR.

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Information Pricing Guest Satisfaction Article 86

Hotel Owner

JUNE 30, 2023

Investing in employees’ well-being, work-life balance, and work culture can create a motivated and dedicated workforce that contributes to enhanced guest satisfaction. Energy prices, inventory management, and employee productivity all play critical roles in the profitability of a hotel.

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Travel and Tourism Strategic Planning Procurement Concierge 105

SiteMinder

NOVEMBER 14, 2023

Having a Hostelworld inbox login is a gateway to solving this administrative challenge, as the platform provides a suite of functionalities geared towards streamlining hotel operations, enhancing guest satisfaction, and ultimately, boosting revenue growth. But what does Hostelworld actually do?

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Communication Reservations Guest Satisfaction Book 52

eZee Absolute

JANUARY 24, 2024

It plays a vital role in ensuring the security of transactions, providing convenience to guests, and ultimately impacting your hotel’s reputation. A reliable and efficient payment gateway not only enhances guest satisfaction but also contributes to the overall success of your business.

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Guest Satisfaction Book POS Systems Catering 59

eZee Absolute

AUGUST 29, 2023

Hotel operations play a crucial role in defining the guest experience. They ensure that guests experience a seamless, enjoyable stay without facing any trouble. When operations are streamlined and fine-tuned, it resonates in your guests’ satisfaction, the positive reviews they leave, and the loyalty they develop toward your property.

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Housekeeping Training Guest Services Communication 91

SiteMinder

AUGUST 29, 2023

Hotel operating costs Hotel operating costs encompass a wide array of expenses, from staff salaries, utility bills, and maintenance to marketing, guest amenities, and food & beverage supplies. These recurring costs are vital for the smooth functioning of the hotel and ensuring guest satisfaction.

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Housekeeping Guest Satisfaction Book Maintenance 52

SiteMinder

FEBRUARY 25, 2024

These leading brands often command higher prices and a loyal following. In contrast, lesser-known or emerging brands may struggle to make their mark, competing on price or niche offerings to attract guests. Econo Lodge : One of the best-known names in budget hotels, offering basic accommodations at an affordable price.

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Catering Budgeting Guest Satisfaction Marketing 52

eZee Absolute

NOVEMBER 10, 2023

Highlight the convenience your hotel offers by organizing tours, making it easy for guests to explore the local area. This enhances guest satisfaction and attracts those seeking a richer, more immersive travel experience.

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Workshop Catering Events Presentation 59