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Operational CostReduction Switching to a cloud-based PMS can help hotels reduce their operational costs significantly. Lower Maintenance and Support Costs According to a report by Hospitality Technology, cloud-based PropertyManagement Systems can reduce maintenance and support costs by up to 30%.
Here are some thoughts on how propertymanagers and owners can promote both costreduction and loyalty—bringing together two aspects of propertymanagement that are not usually considered complementary to accelerate both profitability and revenue uptake. In fact, loyal guests spend, on average, 22.4%
Waste management: Food and beverage, linen, and cleaning are all areas where you can become more efficient, depending on guest preferences and staff effectiveness. Costreduction Efficiency and costreduction often go hand in hand but there are specific ways to reduce costs that don’t involve day-to-day operations.
Hotel marketing automation Automated email campaigns and AI-powered social media analytics can enhance targeted guest communication and offer valuable insights into customer sentiment. While deciding upon any given solution, consider usability, scalability, integration with existing systems, and cost-effectiveness.
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