Revenue Hub

MARCH 7, 2024

When it comes to the hotel industry, commercial intelligence is quite literally the blueprint to success. Leveraging BI analytics and the data-driven insights means your hotel is always in line with, or even ahead of, the curve. Increasingly, they are data-driven. How are these decisions made?

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Revenue Hub

APRIL 23, 2024

While traditional marketing tactics still hold value, Artificial Intelligence (AI) is emerging as a game-changer, offering a powerful tool to reach the right audience and maximize your return on investment (ROI). This can increase the conversions by two (2) fold – this is the magic of AI in hotel marketing.

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Hospitality Net

JULY 14, 2023

We’re excited to introduce a game-changing tool for managers and decision-makers in the hotel and travel industry.

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Revenue Hub

OCTOBER 11, 2023

Big data refers to data sets so large and complex that it’s difficult to process and analyze them using traditional data management tools. Subscribe to our weekly newsletter and stay up to date Volume: by 2025, it is estimated that 463 exabytes of data will be created each day globally.

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Revenue Hub

OCTOBER 19, 2023

Guest wants and needs are everchanging, and adapting quickly to market demands and changes is crucial for today’s hotel marketers. NB: This is an article from Hotelchamp On top of that, in this digital age, it never hurts to be more data-driven in your overall business strategy. Here are some of your main sources of customer data.

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Revenue Hub

SEPTEMBER 20, 2023

Subscribe to our weekly newsletter and stay up to date Leverage Personalization: A Cost-Effective Path to More Direct Bookings As independent hotels may not have the marketing budgets of OTAs or large hotel chains, they can outshine them in personalization.

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Revenue Hub

MAY 2, 2024

AI is already emerging as a game changer in the hospitality industry, reshaping guest experiences and revenue strategies for hoteliers. Goldrich’s latest eBook on hotel marketing trends. Read the full article at The Hotels Network The post AI Driven Technologies and Trends: What’s Next for Hoteliers?

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Hotelogix

NOVEMBER 13, 2023

Pricing strategies in the hotel industry is one topic that will forever be discussed by hoteliers the world over. After all, there is no magic mantra that is universally approved for hotels to achieve their goals and increase hotel Revenue! What is Hotel Room Pricing Strategy?

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Hospitality Net

AUGUST 27, 2023

Like many industries, if you are in the casino or hospitality space, your customer data is entering your business through a growing variety of channels. Collecting data from these different sources in a standardized manner can be quite challenging.

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Hospitality Net

DECEMBER 14, 2023

Data is a game changer for making informed decisions and increasing return on investments. Surprisingly, many hotels lack proper data analysis to assess the value of their decisions, and instead rely on hit-or-miss tactics.

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Revenue Hub

SEPTEMBER 26, 2023

NB: This is an article from Revinate This is where hotel data revenue can help. Hotel data revenue is the revenue that’s generated from using the zero-party and first-party data you receive directly from your guests. Furthermore, by marketing directly to your audience, you gather more valuable customer data.

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Revenue Hub

DECEMBER 14, 2023

Hotel owners and operators are best positioned for success when they measure their business from every angle. Further, Forward STAR completes the performance picture in tandem with top-line historical data, profitability and forecasting. Historical data is like receiving a score card for the performance you have already achieved.

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Hotel Owner

MARCH 11, 2024

Generator and Freehand Hotels, boutique and lifestyle hospitality brands, have recorded a surge in 48-hour stays, according to its recently shared key travel trends and insights from its latest 2024 booking data.

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Revenue Hub

JANUARY 26, 2024

It’s about creating an experience so compelling that guests choose your hotel over others, time and time again. Technology: A Game-Changer in Guest Retention While the above strategies are effective, their implementation can be challenging without the right technological support.

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Revenue Hub

JULY 19, 2023

In the ever-evolving world of travel marketing, metasearch has emerged as a game-changing tool for hotel chains. NB: This is an article from RateGain It provides travelers with a platform to compare hotel prices and options, making it an essential resource for those who have narrowed down their travel plans and are ready to book.

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Revenue Hub

APRIL 8, 2024

While German football fans are hoping that die Mannschaft , or men’s national team, will be resurgent given their home advantage in this year’s Euros, the German hospitality industry is similarly optimistic of a strong performance for its hotels and short-term rental accommodation.

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Revenue Hub

OCTOBER 23, 2023

Today’s revenue management systems – integrated with the other hotel systems – are providing highly accurate and useful data that allows hotels to calculate total guest value, offer personalized rates that reflect demand and inventory, and ultimately increase the property’s bottom line.

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Revenue Hub

MARCH 12, 2024

If you aren’t sure how to start or where you could improve, we listed 9 useful tips to elevate your game and help you convert more reservations. This means sending DMs (direct messages) to hotels on social media, for example. We all know how expensive it is to have a team working 24/7.

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Revenue Hub

DECEMBER 13, 2023

What is the key to enhancing your hotel or lodging business’s revenue? 2) Harnessing Technology for Revenue Growth Technological integration is a game-changer in increasing hotel revenue. Revenue Management Software : These tools analyze booking data and market demand to inform pricing and availability decisions.

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Revenue Hub

APRIL 3, 2024

NB: This is an article from ARO Digital Subscribe to our weekly newsletter and stay up to date For hotels and businesses in the hospitality industry, it’s crucial to recognize that every month is not the same. Example: Analyzing a generic keyword like “Hotel deals Ireland” reveals fluctuations throughout the year.

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Revenue Hub

APRIL 22, 2024

With 40% of Americans saying they plan to travel even more in 2024 1 , there is a massive opportunity for hotel owners and operators to drive even more revenue by leveraging ancillary offerings. By now, you’re likely familiar with the concept of ancillary revenue in the hotel industry – it’s not just about selling products.

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eZee Absolute

MAY 13, 2024

Well, the answer lies in how well you’re using your Hotel Revenue Management System (RMS) reports. They unlock valuable insights into guest behavior, pricing trends, and competitor data. But with so many reports available, how do you find the ones essential for maximizing your hotel’s revenue?

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Revenue Hub

SEPTEMBER 13, 2023

Subscribe to our weekly newsletter and stay up to date Like the thousands of athletes competing in the 2024 games, your hotel needs a preparation plan to maximize its potential. Can guests use a mobile device to easily book their rooms?

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Revenue Hub

SEPTEMBER 14, 2023

Both solutions are game changers. And they’ve already begun to transform many areas of the hotel and travel industry -from guest communication to marketing and revenue management. Among other things, this includes learning from data, problem-solving and data-driven decision-making. And there’s a good reason for it.

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Revenue Hub

APRIL 2, 2024

In fact, the hotel PMS market size was estimated at USD 7.15 On the other hand, hotels investing in digital transformation may be held back by fragmented tech stacks that disrupt organizational cohesion and efficiency. AI-powered features Hotels can take an integrated PMS a step further with artificial intelligence (AI).

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Revenue Hub

MARCH 18, 2024

In the early days, hotels drove sales via word-of-mouth recommendations from happy customers and personal relationships between hoteliers, travel agents, tour operators and corporate travel managers. Fast forward to today, and technology is the critical driver shaping hotel sales strategies.

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Revenue Hub

MARCH 4, 2024

We’re here to expose the top hotel marketing myths as fact or fantasy. Unfortunately, digital marketing for hotels is not a one-size-fits-all approach, and assuming that “anyone can do it” oversimplifies the complexities involved. These fabled misconceptions can sour any strategic marketing plan.

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Hotel Business

JANUARY 10, 2024

This month, G6 Hospitality will launch a new version of its training program, “The Room Next Door,” which the company developed to help hotel teams identify the signs of human trafficking in the lodging industry. G6 was an inaugural donor to the AHLA Foundation “No Room for Trafficking” (NRFT) Survivor Fund.

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Revenue Hub

DECEMBER 4, 2023

It’s a strategic shift from viewing rooms as the primary source of income to understanding the hotel as an ecosystem where various elements like amenities, services, and customer experience play a vital role in generating profit. Hotels began to realize that a room sold is just the beginning of revenue generation.

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Revenue Hub

MAY 13, 2024

When new luxury and upper-upscale hotels enter a market, it can serve as a call to action for other hotels to up their game. For these legacy hotels, the challenge is not just to maintain market share but also to reinforce their foothold among new entrants. This is something hotels in Jakarta and Bangkok do well.

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Revenue Hub

FEBRUARY 27, 2024

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 Business

JANUARY 2, 2024

Las Vegas, well known as a premier gaming and entertainment destination, has dynamically expanded in recent years with the arrival of major league sports teams, the Sphere and Formula 1 racing, to capture an even larger segment of leisure travel demand,” said Nelson Knight, president, real estate and investments, Apple Hospitality. “In

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Pricing 64

Revenue Hub

FEBRUARY 16, 2024

NB: This is an article from eZee Absolute Subscribe to our weekly newsletter and stay up to date Metasearch engines, such as Google Hotel Ads, TripAdvisor, and Trivago act as central hubs where potential guests can effortlessly compare prices, read reviews, and make informed decisions – all in one place. But what about your hotel?

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Revenue Hub

APRIL 11, 2023

Why Are Hoteliers Still Playing a Game of The Price is Right? On the contrary, many hotels often rely on guesswork, which can best be described as an unintentional game of ‘The Price is Right.’ As such, hotels could rely almost entirely on historical demand. Today, however, it’s all about data.

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Revenue Hub

JANUARY 18, 2023

Hotels are driven by benchmarking to understand their performance versus their competitors. If the hotel is performing better than the competition, everyone is happy. On the other hand, if the hotel is performing worse than competing hotels, general managers and owners will put a lot of pressure on the team to shape up.

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Hotel Owner

MAY 19, 2023

Even our own March Planet Intelligence data is showing signs of green shoots, with UK hotel payments set to rise by 18% compared with 2022 and by 37% for the year to date. For decades, the hotel industry has been undergoing a technological revolution. Hotels should be able to offer a similar experience.

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Smart Brief Hospitality

MARCH 10, 2024

Frank Wolfe, CEO of HFTP The long-held reputation for the hotel industry and its use of technology has been that it is slow in adoption, and it’s been behind the technological curve in comparison to other industries. Another big game changer, over the last decade, is the automation of operational and accounting processes.

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