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Revolutionize Hotel Event Revenue With Dynamic Pricing

Revenue Hub

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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How to Improve Efficiency in Hotels? Reduce Operating Cost

Hotelogix

This can be daunting, but leveraging the right technology can transform your hotel into a streamlined, guest-centric, and profitable establishment. Top 5 Tips on How to Improve Efficiency in Hotels  1. Pro tip: Implement a Hotel PMS that is easy to use.

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Unveiling the Future: Hotel and Travel Trends in 2024

Revenue Hub

NB: This is an article from Userguest , one of our Expert Partners As we step into 2024, several key trends are set to redefine the landscape of hotels and accommodations. Data-Driven Marketing Campaigns In the quest for optimal resource allocation and marketing ROI, hotels are turning to data.

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How to Calculate Hotel Guest Acquisition Cost (GAC)

Hotelogix

So, how much does it cost to acquire a booking at your hotel? However, it's much more complicated than that, so understanding what GAC is and how to calculate Guest Acquisition Cost (GAC) correctly is crucial. GAC considers various costs related to marketing, sales efforts, and operational activities aimed at acquiring a guest.

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Essential Hotel Sales Strategies

Revenue Hub

There are various sales strategies you can employ to market and sell your hotel rooms. Create an appealing hotel website: Your property’s website should be user-friendly and feature attractive design, clear information about rooms, amenities, location, services, and reviews.

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Why Effective Reputation Management Is Key To Increasing Hotel Revenue

Revenue Hub

This has made it more important than ever for hotels to monitor and manage their online reputations. Not only can an effective reputation management strategy help a hotel build a positive brand image, but it can also lead to increased revenue through higher ADR (Average Daily Rate).

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Understand the Hotel Guest Journey to Enhance Experience

eZee Absolute

Over the last decade, hotels are inclining toward data-driven and psychological approaches. One such aspect of hoteliering is “understanding the guest journey”. What Is Guest Journey? Understanding The Different Stages of Hotel Guest Journey. Understanding the Different Stages of Hotel Guest Journey.