Revenue Hub

JANUARY 21, 2025

NB: This is an article from HotStats Subscribe to our weekly newsletter and stay up to date The right comp set doesnt just offer data; it delivers context, enabling hotel operators to make informed decisions that optimize operations and boost profitability. Similarity: Finding Comparable Hotels The foundation of any comp set is similarity.

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Revenue Hub

JANUARY 10, 2025

In the competitive world of hotel sales, effective communication can make or break a deal. Email remains a powerful tool for hotel prospecting, offering a direct line to potential clients. Take the time to research their company or role, showcasing your understanding of their business and how your hotel can truly add value.

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Hotelogix

JANUARY 12, 2025

As a hotel owner you’ve navigated the chaos of permits, watched the first brick get laid, and seen your vision take shape room by room. The next step is just as important— getting your hotel noticed. The next step is just as important— getting your hotel noticed.  

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Revenue Hub

NOVEMBER 29, 2024

Here is our round up of 8 Success Stories from our Expert Partners outlining revenue growth, increased ADR, occupancy, booking growth, pricing changes and direct channel success. With BEONx, Hoteles Estelar aimed to optimize RevPAR, streamline operational processes, and free up their Revenue team’s time for higher-value activities.

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Hotelogix

FEBRUARY 13, 2025

In today's digital world, your hotel's website is often the first thing potential guests see. But here's the problem: many hotel websites don't do a good job of turning visitors into paying guests. Let’s look at the important parts of a hotel website that gets more bookings.

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Revenue Hub

NOVEMBER 25, 2024

As the holiday and winter seasons approach, hotels have a prime opportunity to attract guests and increase revenue through creative holiday hotel promotion strategies. Deck the Hotel Holiday decor is a must for creating a festive atmosphere that captivates guests and encourages spending.

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Hotel Business

NOVEMBER 22, 2024

IDeaS, a SAS company, a provider of hotel revenue management software and services, has released its annual trends report, 5 Predictions That Will Shape Hospitality in 2025. The cloud revolution will continue to accelerate: Hotel systems continue to reach end-of-life cycles, forcing an ongoing migration to the cloud.

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Hospitality Magazine

MARCH 3, 2025

” Australians have increased their household spend at cafes, restaurants, and hotels by 72 per cent over the past 4 years, according to ABS data, but growth slowed in 2024 to 4.3 “This suggests Australians arent just paying more due to price increases they are actually dining out more often or splurging on higher-end meals.”

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Hospitality Magazine

FEBRUARY 12, 2025

On the trends front, the report found 40 per cent of customers opted for lower-priced menu items and 31 per cent chose to forgo sides and avoid premium dishes. Cafes made the most changes followed by bars and pubs, hotels, and restaurants. Takeaway was also on the up, increasing by 34 per cent in the last year.

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Hotelogix

MARCH 21, 2025

Consider this: A guest comes to your hotel after a long flight, weary and ready to check in. Intelligent hotels are embracing AI-based communication tools at a breakneck pace, not only to wow technology-aware travelers but also to automate operations, increase revenue , and establish long-term guest loyalty.

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SiteMinder

JANUARY 8, 2025

A bed bank is a business-to-business (B2B) travel provider that connects hotels with travel distributors, such as online travel agencies (OTAs) and tour operators. Serving as intermediaries in the travel industry, bed banks enable hotels to increase occupancy without directly managing complex distribution channels.

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Revenue Hub

DECEMBER 15, 2023

For hotels, this time offers a golden opportunity to implement effective pricing strategies that not only cater to the surge in guests but also optimize revenue generation. Dynamic Pricing Model Implementing a dynamic pricing model allows hotels to adjust rates based on demand fluctuations.

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Revenue Hub

JULY 27, 2023

Hotel management is multi-faceted, and each decision carries significant weight. NB: This is an article from Demand Calendar One of the most pivotal decisions is setting the right price policy for hotel rooms. A hotel’s pricing strategy can be the difference between empty rooms and a bustling, thriving business.

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InnQuest

MARCH 2, 2023

Hotel management is a complex and challenging task requiring business acumen and customer service skills. In that case, you can focus on providing amenities that cater to their needs, such as a well-equipped business center or high-speed internet. For example, your target market is mainly business travelers.

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Revenue Hub

MARCH 17, 2025

Effective yield management isnt just about dynamic pricing (as much as we do love dynamic pricing). Here are some innovative yield management approaches that go beyond the conventional demand-based pricing model. Its about creatively optimizing revenue while enhancing the guest experience.

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STAAH

MAY 22, 2024

Revenue management solutions are indispensable tools for hotels seeking to optimize their RevPAR (Revenue per Available Room). By leveraging advanced algorithms and data analytics, these solutions enable hotels to strategically adjust pricing and inventory to maximize revenue. Read in detail here.

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STAAH

DECEMBER 3, 2024

10 Game-Changing Hotel Trends to Prepare for in 2025 1. As technology advances, so does the modern guest’s expectation for a seamless, tech-driven hotel experience. From virtual concierges offering 24/7 support to mobile check-ins and dedicated hotel apps, these innovations are redefining convenience and personalisation.

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STAAH

DECEMBER 12, 2023

Here are 8 smart pricing strategies for hotels to boost revenue and drive more bookings during the holiday season The holiday season marks a period of increased travel, festive cheer, and heightened demand in the hospitality industry. Let’s explore some tips to maximize your hotel’s profitability during this festive period.

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Hotelogix

DECEMBER 7, 2023

To be very precise, it has shaped the way guests book their accommodations at hotels. This is the primary reason why as a hotelier, you should know how to select the right OTAs for your hotel. OTAs are now a great marketing resource for hotel owners, allowing them to reach a wider audience and optimize revenue.

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Revenue Hub

OCTOBER 10, 2024

You want to be sure you’re offering minimum pricing that’s beneficial for your company’s bottom line, and that makes sense for your customers. For restaurants, hotels, and unique venues, a strategy for determining these minimums is essential – and this is where tools like Tripleseat come in handy.

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Revenue Hub

MAY 9, 2024

Let’s talk about something revolutionary, yet as ancient as commerce itself: value-based pricing. It’s time to ditch the old-school, cost-plus mentality and hello to a pricing strategy that actually makes sense for your independent hotels. Why It Barely Works The fundamental flaw of cost-plus pricing is its inward focus.

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SiteMinder

OCTOBER 18, 2023

What is competitor based pricing? Competitor-based pricing or competition-based pricing is a data-driven approach where businesses use advanced analytics to set their prices based on competitors’ rates. But it’s not just about matching or undercutting competitors’ prices.

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InnQuest

SEPTEMBER 12, 2023

From the moment a guest walks through the doors until their departure, every aspect of their stay is carefully curated through the lenses of hotel operating systems and the adept oversight of a hotel operations manager. Human Resource Management: Managing the hotel’s workforce is essential.

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Hotel Business

FEBRUARY 26, 2025

” Just like a coffee machine that delivers barista-quality beverages with the push of a button, Kitchenless enables hotels, cafs and other businesses to prepare fresh, chef-curated meals in about a minute without the need for skilled chefs or expensive kitchen infrastructure. The meals are pre-prepared in the U.S.

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Revenue Hub

MARCH 13, 2025

Easter is more than just chocolate eggs and family gatherings – its a prime opportunity for hotels to maximise revenue and attract diverse traveller segments. Different traveller groups have varying lead times, and recognising these patterns will help you optimise your availability and pricing strategies.

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InnQuest

OCTOBER 3, 2023

The hospitality industry is a highly dynamic field, and hotels are constantly looking for ways to improve the client experience and streamline their processes. This blog explores how integrated solutions play a pivotal role in simplifying hotel payment processes and why they are crucial in today’s competitive landscape.

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Revenue Hub

AUGUST 22, 2023

Dynamic pricing is vital for hotel success today, but only some operators can see beyond the guestroom when applying this technology. NB: This is an article from IDeaS Many factors impacting guestroom dynamic pricing, like seasonality and occupancy, also play a role when optimizing event revenue.

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Revenue Hub

FEBRUARY 21, 2025

NB: This is an article from Duetto Subscribe to our weekly newsletter and stay up to date Over the years, theres been a shift away from just looking at room revenue, to focusing on focusing on total revenue optimization across all hotel profit centers. Why not take the same approach to event spaces, catering, and equipment rentals?

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Revenue Hub

OCTOBER 4, 2023

In the quest to maximize your hotel’s revenue, two buzzwords often come up: Revenue Management and Price Optimization. We demystify the differences between Revenue Management and Price Optimization and provide actionable insider tips to boost your hotel’s earnings. Think of it as precision pricing.

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Hotel Owner

JUNE 16, 2023

Welsh family-run seaside hotel, The Lion, has been brought to market for the first time since 1978 for a reduced asking price of £1.8m. The hotel is located in the heart of Criccieth, Gwynedd, just a short walk from the town’s main beachfront. To the back of the property, there is also the hotel’s popular beer garden and patio.

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MEWS

SEPTEMBER 3, 2024

What is a hotel business? A hotel is the broad term referring to an accommodation that includes a bed, bathroom, and various guest services, creating a comfortable, home-away-from-home experience for travelers. However, under certain circumstances, they can also cater to long-term guests.

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MEWS

MAY 2, 2023

A boutique hotel differs from a chain hotel or a larger property because it’s designed to offer a personalized service, featuring unique characteristics like design elements and special amenities, as well as offering something above and beyond a traditional hotel.

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Revenue Hub

NOVEMBER 18, 2024

Group travelers represent a highly sought-after segment in the hotel industry, yet they’re also among the most challenging to capture. To capture a share, hotels need to up their game with groups. Offer a Discount on Your Best Available Rates Let’s start with the most influential factor in group bookings: competitive pricing.

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Hotelogix

JULY 11, 2024

As an independent hotel owner, you understand the challenges of driving revenue in a competitive market. From setting the right prices to attracting the right guests, every decision you make impacts your hotel's bottom line.   What is Revenue Management in Hotels?

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STAAH

NOVEMBER 26, 2024

A seamless interaction pathway can be hugely beneficial for the hotel through increased revenue and improved loyalty. Best Practices to Enhance Gift Voucher Sales for Hotels 1. STAAH Vouchers offers multiple voucher types, such as gift certificates, room deals, packages, and special offers, to cater to different guest needs.

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SiteMinder

NOVEMBER 24, 2024

What is a hotel franchise? A hotel franchise is a business model where an independent hotel owner operates under the brand and management system of an established hotel chain. Franchising a hotel offers a powerful way to grow your business, boost visibility, and leverage established brand support.

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Hotel Owner

MARCH 18, 2025

The renowned Newby Bridge Hotel in Cumbria has hit the market with a guide price of offers over 3.5m. The current owners, who have operated the hotel for 32 years, are now looking to concentrate on other business interests. The Huntsmans Inn Bar and Restaurant attracts both hotel guests and local clientele.

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