Hotelogix

OCTOBER 11, 2024

A no-show in the hotel industry occurs when a guest makes a reservation but fails to show up or cancel their booking in advance. Booking Mistakes: Sometimes, guests might accidentally double-book or forget about their reservation. The financial impact of no-shows can lead to budget shortfalls and hinder long-term planning.

Reservations 130

Reservations Guest Satisfaction Communication Book 130

Revenue Hub

OCTOBER 13, 2023

Say a big hello to “Reservation” – the new kid on the block, and oh boy, does it have perks for your hotel business! Diving deeper into the bustling world of Facebook ad strategies, it’s crucial to understand the landscape before “Reservation” came along, shaking things up. But what truly sets “Reservation” apart?

Reservations 109

Reservations Budgeting Concierge Article 109

Revenue Hub

OCTOBER 12, 2022

Beginning in the spring , we saw leisure demand surpass pre-pandemic levels globally with some markets reporting record-high reservation rates. With such positive indicators heading into 2023, how are you preparing to allocate your technology budget to tackle your greatest needs? Subscribe to our weekly newsletter and stay up to date.

Budgeting 98

Budgeting Reservations Book Article 98

STAAH

JANUARY 5, 2025

STAAH s list of top distribution channels is based on hotel reservations that have passed through its channel manager network of 500+ integrations across the world. The data also reveals OTA dominance and influence at every stage of trip planning and booking thanks to their unmatched reach and budgets.

Book 109

Book Travel and Tourism Budgeting Catering 109

Hotelogix

JANUARY 10, 2025

Even though there are loads of reservation tools out there, many small hotel operators are going with something they already know how to use: Google Calendar. Challenges with Reservations Staff at small hotels often find it challenging to handle reservations effectively. The answer you are searching for is, Yes.

Book 100

Book Reservations Scheduling Housekeeping 100

Revenue Hub

NOVEMBER 25, 2024

Embrace the Staycation Trend With rising costs affecting travel budgets, staycations are a popular alternative for those seeking a getaway close to home. Early booking discounts, multi-night packages, or “New Year, New You” wellness retreats can entice guests to reserve early and stay longer.

Book 108

Book Article Budgeting Catering 108

EATER

DECEMBER 2, 2024

Restaurants may also require a deposit on a reservation to ensure you show up. Make a reservation ASAP For major holidays, it’s wise to start looking at least a month and maybe even two months out for a reservation. Arrive on time Holidays are chaotic, but punctuality for your reservation is important.

Reservations 104

Reservations Book Budgeting Scheduling 104

Revenue Hub

DECEMBER 12, 2022

Hotels have probably submitted the budget for 2023 by now, most likely in the traditional format of the P&L with revenue by a few revenue sources and then an endless number of rows outlining the different cost categories. This is a direct cost of acquiring the reservation. Hotels pay transaction costs for some reservations.

Budgeting 98

Budgeting Reservations Definition Article 98

Hotelogix

OCTOBER 18, 2023

A hotel reservation system is far more than a booking tool.   As technology continues to reshape the hospitality landscape, the importance of an effective reservation system cannot be overstated—it's the key to unlocking efficiency and excellence in modern hotel management.

Reservations 100

Reservations Book Information Guest Satisfaction 100

STAAH

JANUARY 6, 2025

STAAHs list of top distribution channels is based on hotel reservations that have passed through its channel manager network of 500+ integrations across the world. OTAs continue to dominate and influence every stage of trip planning and booking thanks to their unmatched reach and budgets.

Book 109

Book Travel and Tourism Budgeting Reservations 109

Modern Restaurant Management

NOVEMBER 4, 2024

Restaurants are going digital, with innovations like contactless ordering, reservation apps, and personalized marketing driven by data. Cost-Effective Digital Solutions Okay, maybe you don’t have the budget of a restaurant giant, but that doesn’t mean you can’t play the tech game.

Budgeting 88

Budgeting Marketing Reservations Communication 88

Hotelogix

NOVEMBER 28, 2024

Whether it's business travelers seeking efficiency, luxury seekers craving unique experiences, or budget-conscious families planning their vacations, each group has distinct needs and preferences that present unique revenue opportunities.

Marketing 100

Marketing Guest Satisfaction Book Budgeting 100

STAAH

JANUARY 6, 2025

STAAHs list of top distribution channels is based on hotel reservations that have passed through its channel manager network of 500+ integrations across the world. Wielding unmatched reach and budgets, OTAs continue to dominate by influencing every stage of trip planning and booking.

Book 109

Book Travel and Tourism Budgeting Reservations 109

Hotelogix

DECEMBER 17, 2024

Reservation : Is your booking process simple, quick, and intuitive? Whether you’re a luxury resort, a boutique property, or a budget-friendly stay, your rates must align with what you offer: Luxury Hotels : Guests paying premium prices expect exclusivity think bespoke experiences, high-end amenities, and flawless service.

Pricing 130

Pricing Book Marketing Budgeting 130

7 Shifts

OCTOBER 22, 2024

With 90% of diners checking a restaurant online before visiting, you also need a strong online presence to attract and boost reservations. Use email newsletters in marketing your restaurant Email marketing is one of the most effective restaurant marketing strategies for driving engagement and increasing reservations.

Book 78

Book Marketing Reservations Blog 78

Hotelogix

DECEMBER 7, 2023

This gives them a better idea of what fits their requirement and budget best.   Benefits of Partnering With OTAs With about 40% to 50% of reservations being driven from OTAs, these online platforms have become crucial to every hotel's distribution strategy.

Book 268

Book Budgeting Catering Strategic Planning 268

SiteMinder

SEPTEMBER 10, 2023

What is a hotel budget? A hotel budget is a financial plan that outlines the projected income and expenditures for a specific period, usually one fiscal year. The budget also accounts for all types of expenses, including operational costs, capital expenditures, and marketing budgets. Why is a hotel budget important?

Budgeting 59

Budgeting Maintenance Front Desk Operations Document 59

Hotelogix

MARCH 11, 2025

It's a financial drain that can quickly turn your budget into a leaky bucket. Hotelogix makes it a breeze, reducing headaches for your reservation team. You're not just losing their skills and experience; you're also facing the costs of advertising the position, interviewing candidates, and training new hires.

Guest Satisfaction 133

Guest Satisfaction Communication Training Guest Retention 133

EATER

AUGUST 23, 2023

Going out to eat in New York versus Los Angeles is a splurge, whereas I feel like you can go out to eat in LA every night and it’s not going to break the budget for the month, even at beautiful, really incredible restaurants. First of all, because the produce situation is what it is, restaurants are facing so many more costs.

Reservations 98

Reservations Definition Budgeting 98

Modern Restaurant Management

DECEMBER 13, 2021

Yelp Kiosk, which was originally introduced in 2018 for restaurants that didn’t have the budget to hire a dedicated host, has seen a spike in adoption this year as restaurants around the country leveraged the solution as a defacto host.

Communication 189

Communication Reservations Budgeting Pricing 189

Modern Restaurant Management

DECEMBER 28, 2022

Operating Expenses (OpEx) are the recurring monthly bills a restaurant or bar usually budgets for: electricity and water, rent, food and alcohol, etc. Without the cash reserves and collateral that lenders want to see, these small businesses are much less likely to secure loans when they need them most.

Maintenance 197

Maintenance Budgeting Reservations Back of House 197

Modern Restaurant Management

OCTOBER 1, 2022

Let’s look at low-budget restaurant marketing ideas to succeed in inflationary times. Three Tips to Promote a Restaurant on a Low Budget. Implement a chatbot to assist users with making reservations, getting information, and answering frequently asked questions. Optimize the Website for Search and Usability.

Marketing 203

Marketing Budgeting Communication Information 203

7 Shifts

MARCH 11, 2020

Don’t forget to budget for training, installation, and support costs. month ) and a reservation management tool ($200+/month). Utilities Budget 5% of your operating budget for utilities. We recommend setting aside a marketing budget of at least $1,000 to launch your restaurant. Check out these U.S.

Budgeting 141

Budgeting Scheduling Training Bookkeeping 141

Hotelogix

NOVEMBER 7, 2024

For example, if your property is a luxury beach resort, it makes more sense to list it on high-end OTAs like Luxury Retreats or Mr & Mrs Smith, rather than budget-focused platforms like Hostelworld or Booking.com. Focus on the ones that best fit your target guests.

Pricing 130

Pricing Book Events Demo 130

Modern Restaurant Management

APRIL 13, 2021

Simple tap-to-call function to enable them to make reservations. We recommend that if you are starting with a small budget to manage yourself stick with Google Adwords and Facebook Marketing to deliver hyper location targeted campaigns. An special item or offer that's only available at a certain time of day (ex: happy hour).

Budgeting 196

Budgeting Marketing Document Reservations 196

SiteMinder

NOVEMBER 24, 2024

In exchange for fees, the franchisor provides access to brand recognition, marketing resources, reservation systems, and operational support. Budget brands like Motel 6 often have lower fees compared to luxury chains like Hilton or Marriott. This makes it an ideal choice for owners of small to medium-sized hotels.

Budgeting 52

Budgeting Catering Guest Satisfaction Training 52

Hotel Owner

APRIL 11, 2024

To maintain competitiveness in the contemporary hospitality sector, it is not merely advisable to invest in search and metasearch advertising campaigns; it is essential to do so in a professional, performance-oriented manner, optimising investments and accurately allocating budgets.

Budgeting 52

Budgeting Book Reservations Marketing 52

Hotel Owner

NOVEMBER 29, 2024

Despite nervousness in the lead up to the Budget and US election, which saw consumers hold back on retail spending and eating and drinking out, it didn’t cause them to cancel their staycation plans. However, pressure remains on daily room rates, with the sector finding it difficult to increase rates further. in Q3 to 0.3%

Budgeting 52

Budgeting Reservations Pricing 52

Hotelogix

JANUARY 30, 2024

The report also covers cancellations, no-shows, and temporary reservations for the day. Additionally, it includes reports on no-shows, occupancy, market analysis, company contributions, business analysis, MIS, and a manager flash report with budget details for comprehensive analysis. Benefits of these reports Here they are.

Housekeeping 147

Housekeeping Reservations Information Budgeting 147

Modern Restaurant Management

MARCH 3, 2025

It also involves logistics, such as determining budget and resource constraints and creating a systems foundation that ensures operational consistency. Reservation and waitlist data optimize staffing, table turnover, and guest flow for a seamless experience. Finally, data also drives marketing impact.

Marketing 100

Marketing Communication Budgeting Pricing 100

Hotelogix

OCTOBER 30, 2024

This is the time when they are most likely not aware of their destination or type of holiday (leisure, budget) they would want. Booking Stage : This is the stage when travelers go ahead with making a reservation. Key Tactics for the Dreaming Stage: Hotels can take advantage of this stage by using visually appealing content.

Book 222

Book Blog Reservations Information 222

Modern Restaurant Management

JULY 21, 2020

With the demanding day-to-day of the industry, marketing can sometimes be passed over for more pressing needs – especially by smaller restaurants with tighter budgets. QR codes are simple to create online and inexpensive to print, making it a great option for restaurants with limited marketing budgets. The best part?

Marketing 208

Marketing Sanitation Communication Budgeting 208

Revenue Hub

SEPTEMBER 6, 2023

Connecting a Central Reservations System (CRS) with Google ads works as a force multiplier for marketing campaigns. Maximize Ads ROI with smart budgeting : A Google Ads integration allows you to allocate your advertising budget effectively.

Book 98

Book Budgeting Reservations Information 98

Hotelogix

FEBRUARY 4, 2024

  Reservation management: This feature allows you to manage all your reservations from a single dashboard. You can also cancel or modify reservations based on guests' requirements here.  Reservation report: It provides insights into reservations by room type, including source, cancellations, no-shows, etc.

Housekeeping 147

Housekeeping Maintenance Reservations Accounting 147

eZee Absolute

DECEMBER 22, 2024

Booking Engine: eZee Reservation is one such tool that helps guests easily book rooms directly through your website, enhancing your online presence and reducing commission fees from third-party OTAs. During the 2013 Maha Kumbh, the event generated approximately 12,000 crore ($1.45

Travel and Tourism 52

Travel and Tourism Book Reservations Events 52

Modern Restaurant Management

OCTOBER 20, 2023

To attract customers while accommodating tightened budgets, restaurants should consider employing marketing strategies that leverage data-driven insights to tailor messaging according to consumer needs. In addition to the abovementioned sources of data, an increase in reservation and food delivery app use has led to a surplus of diner data.

Marketing 151

Marketing Information Budgeting Reservations 151

Modern Restaurant Management

MARCH 31, 2021

Restaurants can continue to foster the aura of personal service and exclusivity by using online booking services and offering phone reservations. Most importantly, this “hospitality kit” can be scaled up or down depending on budget availability. Elevating Hospitality.

Sanitation 189

Sanitation Reservations Budgeting Catering 189