Remove Communication Remove Guest Satisfaction Remove Risk Management
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Hotel Overbooking: Balancing Risks and Guest Satisfaction

Revenue Hub

Operational Challenges : Overbooking creates complexities in managing room inventory, allocating rooms fairly, and handling guest complaints or relocations. It requires efficient communication and coordination among various hotel departments. Should Hotels Engage in Overbooking?

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HVMG hosts engineering conference

Hotel Business

the company’s VP, engineering, the event provided critical education on the role today’s engineers are playing and how their performance is impacting operations, guest satisfaction and the bottom line. The OpsTechPro asset-management system streamlines operations by automating and tracking the entire interactions cycle.

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Why Should The Hotel General Manager Care About Forecasting?

Revenue Hub

Risk management: Forecasting helps you identify potential risks and develop contingency plans to mitigate their impact on your investment, protecting your financial interests and ensuring the hotel’s long-term success.

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The Strategic Advantage of a Unified Guest Profile in Your PMS

Revenue Hub

Enhanced Engagement and Superior Customer Service With a complete view of the guest journey, we can also engage with guests more effectively, using targeted communication and personalised promotions. This leads to a stronger, more positive relationship.

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How to start a hotel business plan

SiteMinder

online advertising, social media, email marketing, partnerships, events) Marketing messages: What key messages will you communicate to your target audience? Risk management What’s life without a little risk? Marketing channels: Which channels will you use to reach your target audience?

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HVMG bolsters leadership team

Hotel Business

. “In the first half of 2023, HVMG again set an industry benchmark, demonstrating robust same-store and portfolio-wide performance across financial, market share and guest satisfaction measures,” said Cole. She joined HVMG in 2010 as VP, strategic planning and human resources.

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Everything you need to know about resort development

Les Roches

Legal considerations include contractual agreements with contractors, suppliers, vendors, liability insurance and risk management strategies. Community engagement and public hearings may also be necessary to address local concerns and gain support for the project.