Remove Hospitality Net
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How to Measure Guest Satisfaction in Hospitality Industry – 2023

InnQuest

In the hospitality industry, guest satisfaction is the ultimate goal. Satisfied guests are more likely to become repeat customers, leave positive reviews and recommend the property to others. To ensure continuous improvement and success, hospitality businesses must adopt effective methods to measure guest satisfaction.

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Why You Should Use Channel Forecasting To Drive Hotel Profits

Revenue Hub

Distribution strategy in the hospitality industry is changing. Hoteliers are becoming more selective in how they think about managing channels, focusing on the value of partnership and net key performance indicator performance. NB: This is an article from IDeaS. Subscribe to our weekly newsletter and stay up to date.

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How To Craft An Effective Hotel Distribution Strategy

InnQuest

Adopt A Dynamic Pricing Approach. Another valuable component of your hotel distribution strategy is competitive pricing. In addition to that, ensure that you set your pricing such that you cover your commission fee and any other charges applicable. Invest In A Hotel Management Software. About InnQuest.

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5 KPIs that every property should track

Hotel Owner

Setting clear goals, backed by the technology to help collect and analyze data, can help management make better business decisions to grow their property and attract more guests. . Therefore, we’ve identified 5 critical KPIs that every property, regardless of size, should track at a minimum to ensure success. Occupancy rate .

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RMS Cloud and Atomize Join Forces in Complete 2-Way Integration Endeavor

Hospitality Net

Atomize has finalized the 2-way integration with the property management system RMS Cloud which means hotels using RMS Cloud can now sign up with Atomize revenue management software and enjoy the benefits of price automation to increase operational efficiency and improve revenues.

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Inflation is No Deterrent for the Majority of Travellers

InnQuest

As business started picking up again after the pandemic, inflation and the cost of living crisis worsened, threatening more uncertainty for the hospitality industry. Rates should be determined in real-time based on analytics that take into account numerous factors including supply and demand, customer loyalty, and competitor pricing.

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IHM’s topsy-turvy Z-A: What to expect in hospitality and real estate in 2023

Boutique Hotel News

After a topsy-turvy 2022, here are the major hospitality and real estate trends we expect to see in the year ahead, some more unexpected than others. U is for understaffed Staffing issues will continue to be a focal point of conversation for hospitality providers.