Hotels

A Revenue Leader’s Guide to Hotel Budgeting and Forecasting

Hotel budgeting requires a strategic approach combining current performance, financial goals, revenue optimization strategies and cost control measures

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Yield Management: How Your Hotel & Spa Data Makes You Money

While yield management increases revenue, it has more benefits that can improve operations and help businesses run more smoothly. For example:

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blocks being stacked in the same way a hotel rate strategy is not just about price but the building block of how you distribute fence and position the rooms

5 Best Ancillary Revenue Ideas to Increase Hotel Revenue Streams

Ancillary revenue becomes a creative and strategic way to level the playing field by leveraging the uniqueness of an independent hotel

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neon hotel vacancy sign illustrating the impact of low season and how hotels can fill rooms by using AI powered ads

Best Practices for Hotel Inventory Management

From optimizing revenue to enhancing guest experiences, a well-structured inventory management strategy is essential

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4 Ways a Hotel CRM Can Level Up Your Marketing Efforts

There are 4 ways in which hotel CRM software can help marketers automate their workflows and uplift their marketing efforts

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What the Best Hotel Loyalty Rewards Programs Have in Common?

Hotel loyalty points programs provide an easy opportunity for an independent property to establish loyal customers

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Not-so-Invisible Link Between Revenue Management and Operations

Integrating revenue management strategies with hotel operations creates a significant opportunity to improve hotel profitability

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Why Hotels Need to Shift from RevPAR to NetRevPAR

We examine risks of having a myopic focus on RevPAR and explore how a balanced approach can lead to long-term success and customer satisfaction

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Most Common Guest Complaints and How to Handle Them

The more prepared you are to handle guest complaints, the less likely negative experiences will damage your hotel reputation and guest reviews

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Responding to Hotel Guest Reviews: How to Do It Right!

Responding to hotel guest reviews can be very time-consuming. There are a few tips to be as efficient as possible when dealing with this task

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