Your hotel dynamic pricing guide: an overview of all price tags
eHotelier
MAY 30, 2023
Ready to boost your hotel’s profits? It starts with dynamic pricing. You can adjust for other factors with the correct bottom and starting prices.
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eHotelier
MAY 30, 2023
Ready to boost your hotel’s profits? It starts with dynamic pricing. You can adjust for other factors with the correct bottom and starting prices.
Revfine
MAY 21, 2023
Revenue management underpins six different main types of hotel room pricing. Called dynamic pricing or “price tags,” this article illustrates these various pricing approaches. Quick menu: The post Hotel Dynamic Pricing Guide; An Essential Overview of All Price Tags appeared first on Revfine.com.
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Revenue Hub
JUNE 13, 2023
First, consider your hotel has a pricing path. Below, you can see a graph we’ll call “price tags.” Let’s start with these two types of hotel dynamic pricing. If you want an overview of fixed and variable costs and calculating them, you can consult this article It’s fundamental to define the bottom rate for the hotel room.
Hotel Management Network
APRIL 15, 2024
The Caves Hotel, a 12-key property in Negril, Jamaica, has been listed for sale with a price tag of $18.9m. The post The Caves Hotel in Jamaica’s Negril listed for sale appeared first on Hotel Management Network.
Hospitality Net
MAY 25, 2023
Smart hoteliers view revenue management as a strategic way to improve profits. One component is "dynamic pricing." You’re familiar with this model when considering your rack rate vs. your bottom prices. Those bottom prices may not cover much more than your costs, but they impact your rack rate months away when you can see higher profits.
Revenue Hub
FEBRUARY 5, 2024
NB: This is an article from Staah Subscribe to our weekly newsletter and stay up to date The Instagram Essentials: 1) Share Photos of Your Hotel: Capitalize on the visual appeal of your hotel by sharing high-quality photos. 3) Add Relevant Tags to Photos: Enhance the discoverability of your content by incorporating relevant hashtags.
InnQuest
JULY 26, 2023
In today’s highly competitive hospitality industry, effective destination marketing plays a crucial role in attracting guests to hotels. With the rise of online travel platforms and social media, hotels must employ strategic marketing tactics to stand out from the crowd. Firstly, What is Destination Marketing?
Revenue Hub
MARCH 15, 2024
The change means that for hotels to continue to track guest behaviour on their website and booking engine, hotels will be required to switch on Consent Mode – a feature provided by most major cookie consent solutions. What are the implications for hotels?
Hotel Owner
DECEMBER 21, 2023
A planning application to transform Chester’s former Mecca Bingo Hall into a 142-bedroom hotel has been formally submitted. Hotel Chester will feature standard and deluxe rooms over seven storeys, and will reportedly be run by a “world-leading” hotel operator. every year.”
STAAH
JANUARY 30, 2024
For hotels, leveraging Instagram ads is not just about showcasing the aesthetics but a strategic approach to drive direct bookings. In this article, we will explore effective strategies to boost your hotel’s presence on Instagram, comprising both essential tactics and creative methods.
Horizon Hospitality
OCTOBER 10, 2023
The hotel industry is not known as an “early adopter” of cutting-edge technology. However, hospitality technology has been gaining speed lately, resulting in some futuristic hotel experiences. While this creates an impressively smooth stay for guests, how does this technology help hotel staff behind the scenes?
STAAH
MARCH 26, 2024
In today’s digital age, social media has become a powerful tool for hotels to engage with guests, build brand awareness, and drive bookings. However, with so much content out there, it can be challenging for hotels to get noticed among all the competition.
Revenue Hub
JULY 6, 2023
The hospitality industry is a highly competitive market, with hotels fighting to attract guests and expand their customer base. NB: This is an article from Up Hotel Agency Optimising your hotel digital marketing plays a vital role in gaining visibility and driving more customers to your website and, most importantly, completing a booking.
Hotelogix
FEBRUARY 1, 2024
Independent hotels stand out in the bustling hospitality industry with their unique charm and personalized service. To deal with it, they need user-friendly hotel management software. However, this dedication often comes with a trade-off - grappling with the complexities of hotel management. Let's dive in to know more.
Revenue Hub
APRIL 8, 2024
In the hotel industry, the traditional race to offer the best rates has often overshadowed the importance of guest experience and value. Read the full article from Demand Calendar The post Debunking Hotel Pricing Myths: A Shift in Perspective appeared first on Revenue Hub.
Revenue Hub
JULY 3, 2023
Before assessing user engagement on your hotel website, it’s critical to ensure they can access your content. Discrepancies in Page Load Time: A Case Study Two hotel pages with the page_load_tim e event installed serve as case studies. As such, addressing these issues promptly is paramount to the success of your hotel website.
Boutique Hotel News
DECEMBER 20, 2022
BHN editor Eloise Hanson outlines six hotel and travel trends expected to shape the industry in 2023. Hotel e-tail. In fact, research from HVS shows that over the past 50 years, daily rates across London hotels have grown 0.75 In Bullingham’s words, hotels need to be more like Selfridges.
Revenue Hub
SEPTEMBER 19, 2023
Imagine you are running a charming hotel named “Hotel Origami”. Use canonical tags: Implement canonical tags in your website’s HTML code to indicate the preferred version to search engines. However, as the internet evolved, accessing websites without the “www“ prefix became possible.
Revenue Hub
OCTOBER 27, 2023
NB: This is an article from ARO Digital Strategy To maximize bookings during this period, hotels need to leverage hotel digital marketing strategies and enhance their hotel website design. LEVERAGE SEO FOR VISIBILITY Search engine optimization (SEO) is a critical component of hotel digital marketing.
Revenue Hub
APRIL 24, 2023
It is important to stay current on popular social trends because it is a great way to reach new travel audiences and increase bookings at your hotels. Subscribe to our weekly newsletter and stay up to date Luckily, there are a few effective ways to find viral social media trends for hotels and how to leverage them to promote your properties.
Revenue Hub
OCTOBER 13, 2023
Take Facebook for example with their product tagging integration. Products from your store can be tagged in images and videos that you upload to your Facebook page. People can click or tap on the products you’ve tagged in your posts to begin shopping when they see them.
Revenue Hub
NOVEMBER 30, 2023
In this case study, we dive into the journey of a Hotel Management company located in the US that faced initial setbacks with their Facebook Ads efforts and how a strategic and complex approach led to remarkable success in driving bookings for their Branded Hotel.
Revenue Hub
SEPTEMBER 14, 2023
We already understand the the importance of social media marketing for hotels – but figuring out the most impactful way to use each platform can be intimidating. So, how should hotels be using social media in 2023? So, how should hotels be using social media in 2023?
Revenue Hub
DECEMBER 8, 2023
The holiday season is a time when people are looking to get away and relax which makes it perfect to promote holiday offers for hotels. But with travel preferences rapidly evolving due to factors like inflation affecting travel decisions and the rise of remote work, hotels need to think creatively to attract guests.
Boutique Hotel News
FEBRUARY 6, 2023
This includes museums, theatres, hotel lobbies and in commercial buildings. Sharing an image on social media of the host venues containing the postboxes, and hash tagging #londonloveaffair, will enter that individual into a competition to win a luxury hotel stay at one of London’s Blue Orchid Hotels.
Les Roches
FEBRUARY 14, 2024
In the wide-ranging world of the hotel industry, two major types of hotels are boutique hotels and chain hotels. In this article, we delve into the key differences between boutique properties and chain hotels, shedding light on what sets them apart and looking at which you might prefer to work in.
NV Hotels
NOVEMBER 7, 2023
In the ever-evolving landscape of the hospitality industry, the adoption of Real-Time Location Systems (RTLS) is paving the way for a revolution in guest services and hotel operations. RTLS utilizes a network of sensors and tags to track the precise location of assets, staff, and guests within a hotel’s premises.
Horizon Hospitality
JUNE 6, 2023
So, when your hotel or restaurant sees a spike in turnover, what toll does it take on your bottom line? After factoring in all these costs, you could face a price tag of anywhere from 50% of each entry-level worker’s pay or up to 200% of a management-level salary. For example, what knowledge is lost by an employee’s departure?
Revenue Hub
NOVEMBER 16, 2023
It’s that time of the year again, time to break out the content calendar and lay out a social media game plan for your hotel or portfolio of hotels in 2024. They’re looking for what your hotel experience is going to be like. But we also know that travellers on each one of these days are looking for inspiration.
Revenue Hub
MARCH 16, 2023
If you are new to creating video content, here are some of the best ideas to help your hotel reach more travelers this spring. For example, an amenity video tends to have more horizontal panning of the camera, while a virtual tour will embody the guest’s POV as they adventure through the hotel. Think about it as a journey.
Revenue Hub
SEPTEMBER 12, 2023
Dynamic pricing is like a flexible price tag for products or services that can change depending on different factors. Hotels use dynamic pricing too. How Can Hotels Use Dynamic Pricing Strategies? When there’s high demand, during holidays or major events, hotels might increase prices slightly.
Revenue Hub
FEBRUARY 17, 2023
Social media for hotels is more important in 2023 than it ever has been. NB: This is an article from Arise More and more potential guests interact with social media on a daily basis and visibility on these channels for your hotel can increase both awareness and direct bookings. to reach more people.
Revenue Hub
OCTOBER 7, 2022
‘Authenticity is quickly becoming the new cultural currency’,- Richard Hyde, managing director of Small Luxury Hotels. The travel tag on TikTok is one of the most popular, with currently over 50 billion views. The post TikTok Marketing For Hotels: Is It Worth It? NB: This is an article from Net Affinity.
Revenue Hub
JULY 20, 2023
Search engine optimization (SEO) should be a go-to strategy for hotel marketing, especially to increase direct bookings – but it isn’t. NB: This is an article from CartStack When scored against SEO best practices, a recent report by three&six found that hotel websites achieved a rank of just 58.3% on average. Few – if any at all.
Boutique Hotelier
JANUARY 17, 2023
The White Hart Hotel in Dorchester-on-Thames has come to market in what Colliers is calling a ‘rare opportunity’ to acquire an asset of this size. The Grade-II listed 24-bedroom hotel is for sale with a price tag of £1.85m and has been owned by Nigel and Sue Oddy since 2000. They plan to retire following the sale.
Revenue Hub
MARCH 28, 2023
It is imperative to tell a consistent story about your hotel across all channels. To ensure higher guest satisfaction and higher conversion rates online, you should regularly audit your local listings as a part of auditing your hotel’s entire online presence. Pro Tip: Search for your hotel on Google and find your knowledge panel.
Revenue Hub
JUNE 26, 2023
Today, we’re focusing on the importance of creating a hotel-specific funnel report in Google Analytics 4 (GA4), an invaluable tool for identifying conversion ‘bottlenecks’—points in the customer journey where potential customers are most often lost. Following this, ‘booking_search’ represents those who start a booking search.
Larry Mogelonsky
OCTOBER 9, 2023
This brings us to our friend, Carlo Fontana, owner and operator of the Hotel Lugano Dante in Lugano, Switzerland and its onsite Flamel Restaurant and Bar which prides itself on being at the cutting edge of bar technology. While this price tag may induce sticker shock, it’s an example of pain now, profit later.
Hotel Owner
FEBRUARY 28, 2023
Achieving differentiation in the hotel industry is a key element for offering guests a memorable and quality experience. Over the last couple of years, the hotel industry has come under increasing pressure to adapt and modify their offering to match the changing needs of their guests, notably following the pandemic.
Revenue Hub
MAY 4, 2023
However, compared to physical products, experience-driven and customer-centric businesses like hotels are harder for travellers to determine the value of. However, they are not able to test out your hotel before booking. Marketing your hotel online is indeed less straightforward than your typical suitcase.
Revenue Hub
APRIL 3, 2024
UGC comes from standard guests who stay at your hotel and post their content on social media or review their stay online. Influencers are more likely than not paid by the hotel to stay at their property, create content, and post about their experiences in a review-like sense.
SiteMinder
OCTOBER 11, 2022
Instagram is one of the most effective social media platforms available to hotel owners in today’s social and digitally driven environment, with it boasting more than one billion users. Instagram is a very effective tool for social media marketing and makes advertising your hotel as effortless as possible. Table of contents.
SiteMinder
NOVEMBER 22, 2023
What is a hotel customer journey? A hotel customer journey maps the entire experience of a guest, from the initial spark of interest to the post-stay engagement. Customer journeys are crucial for successful hotels, as they reveal the key touchpoints that drive a guest’s decision to book – or not book – with their business.
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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