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Hotel Industry

Hotel Dynamic Pricing Guide; An Essential Overview of All Price Tags

2023-12-06T12:41:32+01:00

Revenue management underpins six different main types of hotel room pricing. Called dynamic pricing or “price tags,” this article illustrates these various pricing approaches. As you adopt revenue management for your hotel, you’ll want to understand these concepts to interpret the phases of your property’s pricing path to maximize revenues or minimize damages. Quick menu: Hotel Dynamic Pricing Guide; Overview

Hotel Dynamic Pricing Guide; An Essential Overview of All Price Tags2023-12-06T12:41:32+01:00

Streamlining F&B Operations: Revenue Management Strategies for Success

2023-12-06T12:42:19+01:00

In today's competitive landscape, optimizing revenue and maximizing profitability is crucial for success in the food and beverage (F&B) industry. F&B establishments need to implement effective revenue management strategies to achieve these goals.  Streamlining F&B Operations Businesses can streamline their operations and enhance their financial performance by adopting a systematic approach to pricing, inventory management, and customer segmentation. In this

Streamlining F&B Operations: Revenue Management Strategies for Success2023-12-06T12:42:19+01:00

5 Ways to Increase Revenue With a Hospitality CRM

2023-12-06T12:43:43+01:00

If there is something that people working in marketing in hospitality is talking about is the power of a CRM system. But why has it become so important? Today, the challenges of hotel marketing are increasing consistently. People demand more personalization, better reach, multi-channel approaches, etc. And if you are not meeting these requirements, the numbers will show it.  The Benefits

5 Ways to Increase Revenue With a Hospitality CRM2023-12-06T12:43:43+01:00

Top Tips for Attracting Talent in Revenue Management Recruitment

2023-12-06T12:50:19+01:00

Question for Our Revenue Management Expert Panel: Attracting talent in the hospitality industry remains a challenging task. What are your top tips for successful recruitment in revenue management teams? What approaches do you find the most useful?  Our Revenue Management Expert Panel Tanya Hadwick - Group Revenue & Yield Leader, SunSwept Resorts

Top Tips for Attracting Talent in Revenue Management Recruitment2023-12-06T12:50:19+01:00

ChatGPT Hotel Guide: Learn How Hotels Can Benefit from ChatGPT!

2024-06-01T14:00:02+02:00

ChatGPT is an emerging technology disrupting many industries, including hotels and similar businesses. The various ChatGPT hotel applications can not only make life easier for hoteliers and their employees, but also for hotel customers too. Here, you can learn much more about ChatGPT hotel technology and how it can benefit you. Table of Contents: Defining the Hotel Industry What is

ChatGPT Hotel Guide: Learn How Hotels Can Benefit from ChatGPT!2024-06-01T14:00:02+02:00

Steps to a Superior Hotel’s Online Presence

2023-12-06T12:54:23+01:00

Before a guest sleeps a night in your hotel, you can be sure they’ve evaluated your online presence. Social feeds, websites, blog posts, and reviews are the digital touchpoints travelers use to get a feel for the guest experience at your property as they consider a stay. In this article, you’ll learn how to rise above your competitors and establish

Steps to a Superior Hotel’s Online Presence2023-12-06T12:54:23+01:00

How to Solve Hotel Staff Shortages and Keep Teams Motivated

2024-01-18T17:04:01+01:00

Staffing issues are one of the main issues in the hospitality industry, and there are no quick or easy fixes for this problem. As hoteliers worldwide struggle to meet the rising guest demands despite reduced staff, it’s time to unveil some surprising truths about staff motivation. Keep reading to get some inspiring insights about hotel staff shortages and discover what

How to Solve Hotel Staff Shortages and Keep Teams Motivated2024-01-18T17:04:01+01:00

6 Easy Ways to Spruce Up Your Hotel’s Website

2023-12-06T12:55:14+01:00

Have you ever seen a great deal online and hesitated once you reached the seller’s website? Most of us spend a lot of time on the Internet, and we develop a sense of which websites are legitimate and which aren’t. Most people are reluctant to spend their money on a website that looks old and inactive. On the other hand,

6 Easy Ways to Spruce Up Your Hotel’s Website2023-12-06T12:55:14+01:00

Hotel Maintenance Tips to Optimize & Increase Profitability

2024-10-17T21:32:59+02:00

Hotel maintenance staff have a crucial role to play in the success of a property because they are responsible for ensuring technology, equipment, and facilities are in full working order and for fixing problems when they arise. In this hotel maintenance guide, you can access tips to optimize your maintenance strategy and increase profitability. Table of Contents: All You Need

Hotel Maintenance Tips to Optimize & Increase Profitability2024-10-17T21:32:59+02:00

Hotel PMS: Customization and Automation

2024-06-01T19:31:22+02:00

A hotel PMS is a property management system designed for use within hotels and similar forms of accommodation. Such software offers several benefits, but two of the most significant are customization and automation. In this article, you can learn why these are valuable and how they can be used. Table of Contents: What is a Hotel PMS? Why is a

Hotel PMS: Customization and Automation2024-06-01T19:31:22+02:00

7 Tips For an Impeccable Online Reputation for Hotels

2023-12-06T12:56:27+01:00

Global digitalization, the growth of OTAs, and the influence of social media have made businesses in the travel industry heavily reliant on their online reputation—and hotels are not an exception. This article will teach you seven methods that should become vital to your online reputation management strategy. Why You Should Care About Your Online Reputation Unlike most online consumers, travel

7 Tips For an Impeccable Online Reputation for Hotels2023-12-06T12:56:27+01:00

Accommodation Providers: Strategic Tips to Get More Revenue

2024-06-01T15:28:17+02:00

If you've ever considered becoming an accommodation provider or already own accommodation and want to maximize your revenue, this article is for you. In this in-depth dive into accommodation ownership, you can learn about the many different types of accommodation available for travelers and how you can get more revenue as an owner. Table of Contents: What Is the Hotel

Accommodation Providers: Strategic Tips to Get More Revenue2024-06-01T15:28:17+02:00

The Rise of Experience-Based Travel and How Hotels Can Prepare

2023-12-20T17:20:45+01:00

Traditionally, lodging properties spent much time and money implementing new amenities like fancy equipment or special devices to attract travelers. Many of these amenities were fads and ended up cluttering rooms or lying forgotten in storage. Since the pandemic, traveler priorities have shifted from one-off amenities to experience-driven travel. What Does This Mean for Lodging Operators? With this shift, hoteliers

The Rise of Experience-Based Travel and How Hotels Can Prepare2023-12-20T17:20:45+01:00

How to Trigger Dopamine to Maximize Your Hotel’s Direct Revenue

2023-12-20T18:39:34+01:00

If you're a hotelier struggling to improve your website conversion rates, you're not alone. Maximizing hotel revenue through direct bookings is crucial, and a little something known as “dopamine” could be the key. In this article, we'll explore the connection between dopamine and positive online experiences and how personalization can help you create a memorable guest experience that boosts conversion

How to Trigger Dopamine to Maximize Your Hotel’s Direct Revenue2023-12-20T18:39:34+01:00

What is the Role of Human Judgement in Revenue Management Decisions?

2023-12-06T12:58:47+01:00

Question for Our Revenue Management Expert Panel: With so much technology available, how does human judgement factor into making revenue management decisions? Should the RMS ever be overruled by human judgement? (Question by Fabian Bartnick) Our Revenue Management Expert Panel Fabian Bartnick - Founder, Infinito Dr. Betsy Stringam-Bender - Professor of Hotels &

What is the Role of Human Judgement in Revenue Management Decisions?2023-12-06T12:58:47+01:00

10 Hotel Restaurant Management Tips to Impress Guests and Increase Efficiency

2023-12-06T12:59:21+01:00

When you’re from the outside looking in, running a hotel restaurant appears to be very similar to running a separate food-service business. Besides, both companies are restaurants that specialize in food and hospitality. But, the truth is, hotel and restaurant management, on the other hand, is an art form in and of itself. A Recipe for Reaching Hotel Restaurant Management

10 Hotel Restaurant Management Tips to Impress Guests and Increase Efficiency2023-12-06T12:59:21+01:00
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