Hotelogix

OCTOBER 24, 2024

Be it F&B costing, giftshop, materials management, maintenance management, financial accounting management or HR & Payroll management, a Hotel PMS streamlines everything across all the departments. It analyses several factors including demand, season, occupancy forecast, and competitor pricing, etc.

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Revenue Hub

MARCH 29, 2023

With the right approach and the right pricing strategy, rate parity can actually be a great opportunity to enhance your guest experience and generate increased ancillary revenue streams for your hotel. Where hotels are able to offer OTAs discounted prices provided they don’t do it publicly. What is rate parity? Narrow rate parity.

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Pricing Accounting Book Reservations 93

STAAH

JULY 23, 2024

In the ever-evolving landscape of the hotel industry, finding the right pricing strategy can significantly impact your business’s success. One approach that has gained traction among savvy hotel owners and managers is dynamic pricing. But what exactly is dynamic pricing?

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Revenue Hub

OCTOBER 4, 2024

A hotel Booking Engine is an online platform or software that allows customers to search for, view, and book hotel rooms and self-catering accommodation directly on a hotel’s or property’s website. Tailored offers such as promotions and special discounts can entice guests to book direct, saving on hefty OTA commissions.

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STAAH

JULY 3, 2024

Are you looking for new ways to attract more travellers and increase your bookings? Expedia Group package deals are all-in-one booking options that combine at least two of the three major travel products: flights, lodging and hire cars. Offer unbeatable value Packages are also one of the most appealing types of offers for travellers.

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InnQuest

APRIL 5, 2023

Yield management, also known as revenue management, is a strategy hotels use to optimize their revenue by adjusting prices and inventory according to consumer demand. Yield management is a pricing strategy that predicts customer demand and adjusts prices to maximize revenue. And that’s where yield management comes in.

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Revenue Hub

FEBRUARY 20, 2024

NB: This is an article from Lighthouse (formerly OTA Insight) Subscribe to our weekly newsletter and stay up to date Your property should have a tailored pricing strategy that fits its unique needs, but there are common industry practices that can be honed to compliment your business and improve performance.

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Revenue Hub

MAY 23, 2023

With this information, hoteliers can make more informed decisions about pricing, inventory, and marketing strategies. Data analytics tools allow hoteliers to access real-time data on occupancy rates, demand trends, and competitor pricing. This has resulted in more efficient revenue management and increased profitability.

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Revenue Hub

FEBRUARY 15, 2023

Attribute-based pricing is becoming an increasingly popular pricing model in the hotel industry. Subscribe to our weekly newsletter and stay up to date In this post, we are going to discuss what attribute-based pricing is, and how using an efficient rate structure can help you boost your overall revenue and profits.

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Hotelogix

JANUARY 10, 2025

From ensuring guest satisfaction to m anaging room inventory , keeping accurate track of bookings stands out as a crucial function. But  But is the booking system with google calendar the right choice for your hotel business ? Let’s find out. Curious about how that works?

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InnQuest

NOVEMBER 30, 2022

Transparent Pricing: Easy-to-read statements, upfront pricing with no hidden fees. Subject per account. To learn more, contact us at support@innquest.com or book a free demo today! This is why we offer competitive pricing, without sacrificing quality or functionality in our software solutions. No gateway fees.

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Revenue Hub

MARCH 4, 2024

OTAs are offering guests the best of both worlds: lots of information about properties, pricing comparisons and real guests reviews. Fortunately, there are a few strategies that hoteliers can use to checkmate OTAs and encourage more hotel direct bookings. ‍ Your direct booking channels -a.k.a. among others.

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Revenue Hub

DECEMBER 15, 2023

NB: This is an article from Hotelivate Subscribe to our weekly newsletter and stay up to date Moreover, from their initial target segment of price sensitive customers, the AI model has rapidly evolved to include elaborate food and beverage offerings, unique experiences, and wellness treatments among others. Why does All-Inclusive Work?

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STAAH

MARCH 3, 2024

The vibrant city hotel’s revenue strategy, driven by STAAH’s OTA connections, resulted in a remarkable 300% year-on-year increase in direct bookings since the transition. Prior to STAAH, IDEAS direct bookings were a hit and miss. Usability apart, STAAH is well-known for its smart features driven by dynamic pricing.

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Hotelogix

OCTOBER 3, 2024

In today's digital world, Online Travel Agencies (OTAs) like Booking.com and Expedia have become essential for hotels looking to reach a larger audience and increase bookings. This blog will provide simple yet effective strategies to help you market your hotel successfully on OTAs, boost your visibility, and increase your bookings.

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Revenue Hub

NOVEMBER 7, 2022

One of the most important elements of an effective revenue management strategy is offering the right prices. Pricing can be based on cost, competition, or demand. It’s also about adapting your rates to market fluctuations so that you offer the right price, to the right guest, at the right time.

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Revenue Hub

APRIL 3, 2023

By offering these free ads, trivago hopes to demonstrate the traffic and booking potential of the metasearch engine to the hotel and encourage them to activate a paid campaign (either CPC or CPA). Unlike Google free booking links, there will be no additional slot for these ads or any other difference that identifies them as free ads.

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Hospitality Magazine

FEBRUARY 21, 2024

If you’re working with a PR agency, put together a list of publications you’d like to be featured in and have an account manager pitch to editorial teams with information about your venue as well as an invitation to come in. But profiting from delivery should be front of mind, which means condensing your menu and pricing it accordingly.

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Revenue Hub

JULY 15, 2024

Perhaps you’ve found yourself wishing you had more direct bookings, but you’re unsure of how to get there. The article will answer key questions around enhancing direct bookings, boosting visibility on Google, improving overall ratings on booking platforms, managing guest reviews effectively, and evaluating the need for website optimization.

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SiteMinder

APRIL 16, 2024

New data from SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, reveals a 70% rise in the average booking lead time for hotels in Vietnam, following a sharp rise in international arrivals in 2023. The data was revealed by SiteMinder at the 7th Hospitality Vietnam Conference.

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Revenue Hub

FEBRUARY 15, 2024

Last-minute bookings are bookings that arrive days, hours, or minutes before the guests do. While these bookings can be trickier to handle (no one likes doing things last minute), they are worthwhile to pursue. Hint: There are OTAs specifically geared towards late bookings. Here is how to land guests in a hurry.

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SiteMinder

SEPTEMBER 6, 2023

What is the online booking process? The online hotel booking process is how guests book and pay for a stay at your hotel. It should include a smooth, secure booking system that shows real-time room availability and pricing, letting guests book a room without the back-and-forth of phone calls or emails.

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STAAH

SEPTEMBER 6, 2023

Boost your Expedia bookings with Package deals and Mobile promotions directly from STAAH MAX Channel Manager Expedia Group Package Deals via STAAH Channel Manager Are you looking for new ways to attract more travelers and increase your bookings? In fact, 54% of Expedia Group travellers book on mobile devices*. The best part?

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Revenue Hub

NOVEMBER 14, 2024

This helps create accountability, ensure consistency, and reduce errors. For example, which of the following are you more likely to book? Pricing: What Rates Will You Charge? Pricing is one of the most important tasks of revenue management. If your property is priced too high, you will miss out on bookings.

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Hotel Business

NOVEMBER 15, 2022

Today’s travelers have an unprecedented level of power when it comes to booking their trips online. While the benefits for the traveler are obvious, new challenges for the industry have arisen as the online travel market has become too price conscious, losing focus on offering the right product at a fair price. By Hari Nair.

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Hotelogix

JANUARY 12, 2025

How do you ensure guests find you, trust you, and book with you in a world dominated by established giants? Guests today search, compare, and book almost entirely online, and your digital presence is what puts you on their radar. It’s the gateway to putting your property on the map and attracting those first bookings.

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Hotelogix

JULY 11, 2024

From setting the right prices to attracting the right guests, every decision you make impacts your hotel's bottom line. Hotel revenue management involves strategically adjusting your hotel's pricing and availability to maximize revenue.   What is Revenue Management in Hotels?

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Revenue Hub

JULY 28, 2023

NB: This is an article from Net Affinity Not only this, but it looks like direct bookings for summer 2023 are aligning with 2022 levels, and also are continuing to significantly outperform all other channels’, including Booking and Expedia. If so, make details of availability very clear at booking stage.

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Revenue Hub

NOVEMBER 18, 2024

In today’s highly competitive hospitality landscape, understanding the digital customer journey is crucial for hotels looking to optimise their online presence and increase direct bookings. Consideration: They explore your website, reading about amenities, checking reviews, and comparing prices.

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STAAH

SEPTEMBER 1, 2024

Improved online channel management capability and direct booking capability on the website streamlines distribution and increases revenue. The challenge Before implementing STAAH, the group property faced challenges in managing online bookings efficiently.

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Modern Restaurant Management

MARCH 24, 2022

Chloe’s bistro will be opening for drinks and small lunches in the daytime and providing a limited number of hot meals (booking only – it’s a small place!) Chloe will have to adjust her monthly calculation to account for the complexities of each individual month. in the evening. So, she starts doing some calculations.

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Hotelogix

FEBRUARY 4, 2024

You can see which rooms are available, which are booked, and which guests are checking in and out. You can update prices, add new items, and manage inventory. Accounting Managing your hotel's finances is essential, right? With hotel management software, you can streamline your accounting operations. 

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Hotelogix

JANUARY 5, 2025

Google Ads help the hotels to enhance their online presence, increase direct bookings , and boost visibility on search engines. This guide explains how Google Ads can help you get more bookings and stand out from other hotels. Mobile-friendly : The responsive design ensures a smooth booking experience across all devices.

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Hotelogix

OCTOBER 1, 2024

These platforms have become the go-to for many travelers, offering a simple and convenient way to book everything from flights to hotels. Whether it’s suggesting hotels based on your past bookings or offering deals that match your budget, personalization is critical. It’s fast, convenient, and always in your pocket.

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Modern Restaurant Management

AUGUST 26, 2022

The consequences of even a single accounting error by a restaurant can snowball and incur late fees, accrued debt, and even damage relationships with vendors. Say goodbye to tedious manual calculations, data transfers, paychecks, balancing the books, and more. Automation takes these disastrous possibilities off the table.

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InnQuest

AUGUST 11, 2022

T his blog covers everything you need to know about roomMaster Anywhere – From securing bookings and streamlining operations to managing a workforce and enhancing the guest experience, there’s a lot that goes behind efficient property management. To book a demonstration of our award-winning hotel management software , click here.

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Revenue Hub

FEBRUARY 14, 2025

Hourly bookings are marketable to a variety of guests and increase hotel revenue by filling rooms that might otherwise go unsold. Hourly bookings can be lucrative and set your property apart from the competition. Hourly bookings can be lucrative and set your property apart from the competition. Shuffleboard, anyone?

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