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Best Practices for Hotel Inventory Management

Revenue Hub

This system enables hoteliers to keep track of available rooms, reservations, and occupancy rates in real-time. By having accurate and up-to-date information, hotels can avoid overbooking, allocate rooms more effectively, and provide guests with a seamless check-in experience.

Pricing 97
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How travel technology is changing for hotels

SiteMinder

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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Mastering Revenue Optimization for New Hotels

Revenue Hub

Competitor Analysis Keeping abreast of the competitive landscape is crucial to ensure your pricing strategy remains effective. This involves tracking your competitors’ room rates, promotional offers, new services, and guest experience strategies. It can easily adapt to market changes, ensuring your hotel remains competitive.

Pricing 64
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Hotel costs: How to reduce expenses and boost revenue

SiteMinder

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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Hotel rate management: Best software to use

SiteMinder

Mastering the art of rate management is crucial for thriving (not just surviving) in an ever-competitive hotel landscape. Basically, hotel rate management is about understanding the market, knowing your guests, and using this knowledge to drive profitability while maintaining guest satisfaction.

Pricing 59