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How to Improve Efficiency in Hotels? Reduce Operating Cost

Hotelogix

  Improved decision-making: Gain insights into business performance and market trends to make informed pricing decisions. Serve guests with contactless solutions In today's world, providing a safe and convenient experience is paramount.

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Unveiling the Future: Hotel and Travel Trends in 2024

Revenue Hub

This data-rich approach enables hotels to measure guest retention, acquisition rates, and consumer engagement scores, providing a solid foundation for strategic decision-making. To capitalise on this trend, hotels should ensure they are utilising the right tools for gathering guest demographics.

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Hospitality training: Courses and programs for hotels

SiteMinder

This approach helps staff better retain information and apply their new skills effectively in their daily tasks. These courses cover a broad spectrum of topics, from operational efficiency and financial management to guest relations and sustainability practices. Certification Choose programs that offer certificates upon completion.

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A Roadmap to Enhanced Hotel Operations: 10 Strategic Insights

eZee Absolute

Streamlined hotel operations can significantly impact a hotel’s bottom line by enhancing guest retention , attracting positive reviews, and optimizing resource utilization. Hotel operations play a crucial role in defining the guest experience. This is where hotel improvement ideas come in.

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How to Create a Commercial Mindset that Will Drive Revenue

Revenue Hub

Every employee, from the front desk to the kitchen, plays a significant part in driving revenue and guest satisfaction. By relying on data, you can make informed decisions that lead to increased revenue and guest satisfaction, instilling a sense of confidence in your team.

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How to Calculate Hotel Guest Acquisition Cost (GAC)

Hotelogix

GAC is a significant financial indicator because it provides insights into the efficiency and effectiveness of your hotel's marketing and guest acquisition strategies.  This information is valuable for making informed decisions about resource allocation, marketing campaigns, pricing strategies, and overall business planning.

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10 Effective Cost-Saving Strategies for Hotels

Revenue Hub

As indicated by a recent study by Statista , hoteliers highlight the wider economic situation as the next biggest challenge (48%), followed by staff acquisition and retention (43%) and cost of staff (42)%. Without this valuable data, hotels will struggle to make informed decisions which will directly result in lost revenue opportunities.