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5 Best Ancillary Revenue Ideas to Increase Hotel Revenue Streams

Revenue Hub

With well-equipped meeting rooms and banquet halls, hotels can cater to both business and social gatherings, providing catering, audio-visual equipment, and coordination services. Parking and valet services: Offering parking facilities, especially in urban areas, is a practical necessity.

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Ancillary revenue: Guide and examples for hotels

SiteMinder

With well-equipped meeting rooms and banquet halls, hotels can cater to both business and social gatherings, providing catering, audio-visual equipment, and coordination services. Parking and valet services: Offering parking facilities, especially in urban areas, is a practical necessity.

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Parking as a source of revenue for hotels

Hotel Business

Enhance the overall guest experience When monetizing parking, understanding, and catering to your guests’ preferences is critical. For upscale properties, a high-touch valet service can add a sense of luxury, while a technology-based self-parking experience might be more appropriate for guests who value efficiency and independence.

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Guide to hotel fees and surcharges for hotels

SiteMinder

Parking fees Whether it’s self-parking or valet service, parking fees provide secure and convenient options for guests who arrive with their own vehicles. These fees can be tiered based on the level of service offered. This can also include room service delivery surcharges.

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