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. ...
Technologies likerevenue managementsystems andhotel PMScan make this process a bit simple for you (if not completely). A revenue management system allows you to analyse the market and helps you determine the rates that are being offered at competing hotels. And when you have this information hand...
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 ...
However, it is worth noting that while enjoying the many advantages brought by LED display screens, hotels also need to pay attention to challenges in technical maintenance, legal compliance, and customer experience to ensure that this innovative means can continue to contribute to the development of...
hotelsbyday.com Byhours.com dayrooms.com Can your property unlock extra revenue? The crux of the matter is that in the 21st century, people want and need to use space outside of traditional hours. The compelling argument for day use already exists. And in an increasingly competitive mark...
Project these figures for a year and the difference in room revenue could be as much as $1.456 million. Who wouldn’t want to add that much money to their total room revenue? That being said, it can be a challenge getting customers to leave reviews. ...
RevPAR stands for revenue per available room and is one of the most significant factors that build your hotel revenue. When you understand the power of RevPAR, you can plan better room rates and increase your revenue. We have listed 10 proven strategies to increase your property’s RevPAR....
The hotel industry is always looking for ways to increase occupancy rates and maximize profits. One of the key metrics they track, next to ADR, is the hotel occupancy rate or OCC. So let’s take a look at what the OCC is and how hotels can increase it. So what is the occupancy ...
It’s the tool that helps your hotel drive revenue and even increase profitability. In a way, it’s like high-octane fuel for your pricing. Let’s take a closer look at yield management for hotels and why it can turbo-charge your results. What is yield management for hotels? Hotel ...
but these do little to get the guest excited about splurging on a wrap or a massage. The spa experience is one that ignites the senses, and actions that can recall the spa bliss will serve better to increase guest capture rates. Initiatives may include placing an aromatherapy candle in the...