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Direct Pre-Authorizations Can Boost Hotel Revenue Starting Today

Revenue Hub

NB: This is an article from Revenue Team by Franco Grasso , one of our Expert Partners. This is especially true in high season when you’re counting on maximizing your revenue. Last-minute cancellations and no-shows can leave you with a hole in your revenue projections if you don’t use them or if you leave them in the hands of the OTAs.

Book 52
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Some Fresh Air Is Necessary to Jumpstart Restaurants Reopening

Modern Restaurant Management

It is especially important that these considerations are addressed in advance of implementation, as it is likely that municipal employees and funds will need to be diverted to these programs at a time when revenue projections are dismal and the goodwill and taxes generated by the participating businesses may not be enough to support its operation.

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Identifying Ancillary Revenues and Driving Additional Revenues

Revenue Hub

When thinking of ways to increase revenues, most revenue managers focus on the room and look for ways to increase revenues by offering early check-in, late check-out, upgrades to suites and other room types, as well as generating no-show revenue. NB: This is an article from RealTime Reservation.

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How to Start a Hotel Business

Xotels Hotel Revenue Management

Sales reservation fees. Reservations: Prior to this it is possible to have staff taking inquiry and answering questions with scheduled callbacks at a later stage once everything is organized. However, from 3 months prior to the opening the reservations call center needs to be up and running. Royalty fees. Marketing fee.