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Broadening Scope: Why Hotels Must Rethink Revenue Management

Revenue Hub

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date While necessary and partly automated by a revenue management system, this operational focus consumes considerable time, leaving little room for strategic planning and innovation.

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Hotel Forecasting- Methods, Reports & Software to use

Hotelogix

Hotel forecasting, also known as hotel demand forecasting, is a strategic process that predicts future demand for hotel rooms and services based on historical data, market trends, and various influencing factors. It serves as a guide for strategic planning and decision-making.

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What is a Hotel PMS? All about Hotel Property Management System

Hotelogix

In essence, a hotel PMS automates and streamlines operations, saving time and enhancing guest service. The automation provided by a PMS enhances guest satisfaction, increases operational efficiency, and allows for better data-driven decision-making. to make key business decisions.

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Mastering The Art of Resort Revenue Management

Revenue Hub

NB: This is an article from Catala Consulting This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. These forecasts are instrumental in strategic planning, enabling resorts to manage their resources effectively and maintain a consistent revenue stream all year round.

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The Three Most Critical Roles in a Hotel for Business Success

Revenue Hub

We explore how the General Manager, the Revenue Manager, and the often-overlooked Guest Experience Manager collectively steer a hotel toward profitability, customer satisfaction, and sustainable growth. However, having a dedicated GEM is critical for achieving high guest satisfaction.

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8 Tips to Boost Your Hotel Holiday Revenue

Revenue Hub

However, this year’s shortened holiday season means early strategic planning is crucial. Bundling these experiences helps differentiate your property in a competitive market, encouraging guests to pay more upfront and increasing the chance of additional spending during their stay.

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How To Select The Right OTAs For Your Hotel - A Comprehensive Guide

Hotelogix

To be very precise, it has shaped the way guests book their accommodations at hotels. It allows travellers to compare rates and services of multiple properties. Choosing the right OTAs to partner with requires research and strategic planning. This gives them a better idea of what fits their requirement and budget best.

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