Revenue Hub

MAY 22, 2023

It also includes indirect costs like the salaries of the marketing and sales teams, the cost of promotions, the cost of running events or campaigns, and the commission paid to travel agents or online booking platforms. High Competition : The hotel industry is highly competitive, with many hotels vying for the same guests.

Guest Retention 78

Guest Retention Budgeting Article Marketing 78

eZee Absolute

SEPTEMBER 20, 2022

What Is Guest Journey? Understanding The Different Stages of Hotel Guest Journey. What Is Guest Journey? A guest journey can be defined as a collection of events that starts and goes beyond the physical walls of the hotel. Understanding the Different Stages of Hotel Guest Journey. Budgeting comes third?

Budgeting 96

Budgeting Reservations Book Article 96

Hotelogix

OCTOBER 18, 2023

So, how much does it cost to acquire a booking at your hotel? However, it's much more complicated than that, so understanding what GAC is and how to calculate Guest Acquisition Cost (GAC) correctly is crucial. Better Resource Allocation GAC allows your hotel to allocate the marketing budgets more efficiently.

Guest Retention 100

Guest Retention Marketing Pricing Training 100

Revenue Hub

MAY 18, 2023

By reducing costs, hotels can offer better rates to guests, enabling them to better position themselves to budget-conscious travellers. This can help hotels attract more guests and compete more effectively with other hotels in the area. Competitive advantage: Cost control can also provide hotels with a competitive advantage.

Front Desk Operations 80

Front Desk Operations Cost Reduction Book Training 80

eZee Absolute

AUGUST 10, 2023

Then figure out the services that fall under both budgets. Depending on it, create email or WhatsApp campaigns with special offers that will meet their budget and preferences. The majority of family bookings typically include at least one child, and this often gives rise to distinct requirements throughout their stay.

Marketing 52

Marketing Book Budgeting Information 52

Xotels

SEPTEMBER 22, 2022

Increase bookings? If it’s true that social media rarely play any role during the final step of guests’ reservations, they do in the first micro-moments of the booking journey. Make sure to engage your guests with enticing content and encourage them to share their positive experiences. Get more MICE requests?

Marketing 40

Marketing Blog Book Communication 40

Les Roches

AUGUST 22, 2024

This expansive reach reinforces Marriott’s dominant market position and shows its ability to cater to a broad clientele, ranging from luxury travelers to budget-conscious guests. Wyndham, through its focus on franchising, has adapted its offerings to local tastes and budgets, making it a strong contender in these regions.

Catering 52

Catering Travel and Tourism Budgeting Marketing 52