will inevitably see a drop off as the weather changes. City centres, by contrast, have been suffering, with people avoiding public transport and many of the usual attractions off limits. Ordinarily, these hotels can hope for a boost in ...
Hotels are finding that general marketing is failing to cut through the noise and build loyalty with repeat guests. With more advanced marketing techniques and an increased level of personalized communication, hoteliers can can drive a higher revenue per guest through the entire guest lifecycle. In...
How Mobile Check-Ins Drive Revenue Access to an extensive and authentic data bank is the primary benefit. Mobile check-in tools capture customer contact data which help hotels grow their email lists. This data bank can be used for promotional activities and exclusive offers that induce guests to...
which can drastically reduce profit margins. A booking engine hotel solution eliminates these fees, allowing hotels to retain a larger portion of their revenue. By investing in a robust booking engine,hotels can redirect
Hotel revenue managementis important for a number of reasons. First, it helps hotels to maximize their profits. By setting prices that are aligned with market demand, hotels can ensure that they are generating as much revenue as possible from their rooms. Second, hotel revenue management helps ...
To project changes in profits, we obviously need to look at the expected relative changes in revenues and expenses. Profit growth can only be realized when the dollar value of the change in revenue exceeds the dollar value of the change in expenses. ...
how can anybody get a how can i be smiling how can i believe how can i get to the how can i not miss he how can it be this wa how can the world jus how can you change a how can you part with how canst thou say i how cant i love you how chivalrous how correct view how...
How many hoteliers can boast a similar percentage of non-room and non-F&B revenues? How many hotels can boast that 15%, 25% or 35% of their revenue comes from the sale of non-core and ancillary products like this is the case with a typical airline? A hotel has significantly greater ...
See examples of successful hotels and resorts in the APAC region using water parks to attract family visitors and increase revenue.
Here are some strategies to increase hotel occupancy in the low season. Market to Repeat Guests Repeat guests are one of the most valuable demographics to hoteliers, with data revealing this demographic can add as much as 20% to total room revenue figures. Further research suggests returning cus...