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Hotel Revenue Management for Small Hotels [Free-Ebook]

Hotelogix

Static pricing involves setting fixed rates based on seasons or days of the week, which does not account for changing market conditions. Dynamic pricing, on the other hand, adjusts rates in real-time based on current market data, including demand, supply, competitor rates, and special events.

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The Ultimate Guide to Local Restaurant Marketing 2025

7 Shifts

Host special events Special events like trivia nights, live music, or charity fundraisers help bring in foot traffic and create lasting memories, encouraging customers to return. Reach out and propose a collaboration, such as a sponsored post or a takeover of your restaurant's social media account.

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Understand Today’s Guest and Capture Revenue Beyond Rooms

Revenue Hub

In this case, if Jane is traveling with her husband and their children, she may be interested in paying more for connected rooms, activities that apply to different ages, special events, and ancillary services that apply to families.

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Understand your Guest and Capture Revenue Beyond the Room

Revenue Hub

In this case, if Jane is traveling with her husband and their children, she may be interested in paying more for connected rooms, activities that apply to different ages, special events, and ancillary services that apply to families.

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How To Create a Fair Holiday Work Schedule For Restaurants

7 Shifts

If sales don't differ too much from the rest of the year, your restaurant might not need much extra consideration for staffing outside special events. However, if your restaurant is a desired venue for holiday events, your staffing may need to be adjusted depending on their size, nature, and frequency. Send to the Team.

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Identifying Ancillary Revenues and Driving Additional Revenues

Revenue Hub

Ask the team if this space could generate revenues by offering food & beverage delivery such as picnic baskets or special occasion dinners, celebrations outside of catering, identifying communal workspace, or promoting outside guest passes to the local community.

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Starting a New Hotel: From Groundwork to Guestbook

Hotelogix

Key Considerations for OTA Accounts Pictures : High-quality, professional images of your rooms, amenities, and surroundings can significantly impact your listing’s performance. Instead, start with 3–5 well-chosen OTAs that cater to your target market and region.

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