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Broadening Scope: Why Hotels Must Rethink Revenue Management

Revenue Hub

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date While necessary and partly automated by a revenue management system, this operational focus consumes considerable time, leaving little room for strategic planning and innovation.

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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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The Ultimate Guide to Hotel SMS Marketing

Revenue Hub

Real-Time Feedback and Interaction: SMS marketing opens opportunities for immediate guest feedback and interaction. Hotels can quickly gauge guest satisfaction, receive real-time responses to offers, and engage in two-way conversations, fostering a more interactive guest experience.

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Hotel Budgeting for Change (Part 1)

Revenue Hub

When necessary, the Asset Manager can ask in advance to include separate marketing strategic plans specific for each F&B outlet, sale of Suite products, and/or the spa. 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

Strategic planning: Forecasting enables you to develop long-term strategic plans for your hotel, such as market positioning, growth strategies, and sustainability initiatives contributing to increased profitability and ROI.

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

Hotelogix

Choosing the right OTAs to partner with requires research and strategic planning. Most importantly, it helps you understand which OTA is giving you the maximum number of bookings so that you can plan your room allocation accordingly.  Then this guide is all you need. 

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Navigating operational challenges in the hospitality industry

Hotel Owner

As it stands, the hospitality industry is facing a multitude of operational challenges that require careful navigation and strategic planning to overcome. Investing in employees’ well-being, work-life balance, and work culture can create a motivated and dedicated workforce that contributes to enhanced guest satisfaction.