SiteMinder

MAY 8, 2024

What is an Airbnb property management service? An Airbnb property management service is designed to streamline your short-term rental operations by handling essential tasks such as listing optimisation, guest communication, and check-in/check-out logistics. Manage finances effectively by tracking income and expenses.

Property Management 52

Property Management Maintenance Communication Housekeeping 52

Revenue Hub

JULY 31, 2024

The ongoing manual calculations and pricing updates across all your distribution channels are huge headaches to most hoteliers, especially if pricing isn’t your only responsibility at your property. How can you use data to improve your pricing strategy? Do they have shared price sensitivities?

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Pricing Book Marketing Article 92

Revenue Hub

JULY 4, 2023

NB: This is an article from WebRezPro But as inflation and high flight prices persist, the revenge travel surge may start to wane. As the cost of living continues to rise, so will travelers’ price sensitivity. Keep reading for ideas… Value-added packages Attract price-sensitive guests by offering added value.

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Pricing Reservations Property Management Article 77

STAAH

JULY 23, 2024

In the ever-evolving landscape of the hotel industry, finding the right pricing strategy can significantly impact your business’s success. One approach that has gained traction among savvy hotel owners and managers is dynamic pricing. But what exactly is dynamic pricing?

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Pricing Marketing Book Accounting 98

Hospitality Net

MAY 30, 2024

Stayntouch, a global leader in cloud hotel property management systems (PMS) and guest-centric technology, unveiled UpsellPRO, an advanced upselling tool designed to expand and maximize revenue opportunities for hotels.

Pricing 92

Pricing Reservations Property Management Book 92

STAAH

JULY 11, 2023

The “HospiTech” space is awash with solutions that promise they are the new panacea or can provide silver bullets to unwary hoteliers; non more so than “All-in-One Property Management System (PMS)” providing channel management and booking engine capabilities (as well as of course managing reservations).

Property Management 87

Property Management Front Desk Operations Pricing Reservations 87

Les Roches

JULY 21, 2023

Known as hotel property management systems or hotel PMS , this software enables hotel management to use digital platforms to streamline operations such as bookings, guest check-ins and housekeeping coordination, while enhancing guest experiences. What is a hotel property management system (PMS)?

Property Management 52

Property Management Reservations Training Housekeeping 52

SiteMinder

OCTOBER 18, 2023

What is competitor based pricing? Competitor-based pricing or competition-based pricing is a data-driven approach where businesses use advanced analytics to set their prices based on competitors’ rates. But it’s not just about matching or undercutting competitors’ prices.

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Pricing Book Events Marketing 105

STAAH

MAY 22, 2024

By leveraging advanced algorithms and data analytics, these solutions enable hotels to strategically adjust pricing and inventory to maximize revenue. With dynamic pricing capabilities, they ensure rates reflect demand fluctuations, driving higher yields. Cost: Pricing is free to all STAAH Max Channel Manager Subscribers 2.

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Pricing Catering Information Marketing 80

PhocusWire

APRIL 14, 2023

Airbnb stock dropped recently after a report that many hosts are marking up prices on its website to encourage guests to book direct and save money.

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Property Management Pricing Book 103

Revenue Hub

FEBRUARY 15, 2023

Attribute-based pricing is becoming an increasingly popular pricing model in the hotel industry. NB: This is an article from BEONx , one of our Expert Partners It enables property managers to establish a range of rates in line with the features and services that a guest is willing to pay for.

Guest Satisfaction 95

Guest Satisfaction Pricing Book Reservations 95

STAAH

APRIL 11, 2023

The integration brings two of the hospitality industry’s key service providers closer together and has simplified access to vital pricing intelligence, for joint customers. OTA Insight’s team of international experts supports more than 60,000 properties in 185 countries.

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Pricing Marketing Property Management Information 88

Software Suggest

JULY 8, 2021

Property Management Software (PMS) or hotel management software (HMS) are technologies blessing for the hospitality industry. Such as that these software act like the brains behind the operation of the entire property, how many rooms are available and the prices of the same.

Property Management 52

Property Management Pricing 52

SiteMinder

OCTOBER 16, 2023

What is pricing intelligence? Pricing intelligence, also known as rate intelligence, is a way for hotels to optimise their pricing and profitability. It’s an essential part of a successful revenue management strategy and is implemented via the use of data and pricing intelligence tools.

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Pricing Information Marketing Book 59

Hotelogix

OCTOBER 11, 2024

Hopper’s predictive pricing feature helps travelers find the best rates, using AI to track price changes and recommend the right time to book. It provides real value with its smart pricing and predictive analytics. Hopper’s AI monitors prices and recommends the best booking time, helping users get the lowest rates.

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Pricing Book Download Budgeting 130

Hotelogix

NOVEMBER 7, 2024

This blog outlines simple, actionable strategies that hotels of all sizes can use to grow their business, from direct bookings to pricing strategies and everything in between. Promote a Best Rate Guarantee: Ensure guests know they'll get the best price when booking directly. For example, "Book now for 20% off on your stay!"

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Pricing Book Events Demo 130

Hotelogix

JULY 5, 2024

It helps small hotels by managing their rooms, setting prices, and deciding rules like minimum stay.    Property management systems like Hotelogix helps guests to book rooms directly on the hotel's website. One dashboard makes it easy to set prices based on demand and available rooms.

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Reservations Guest Satisfaction Book Property Management 130

Hotelogix

OCTOBER 4, 2024

In today’s competitive hospitality industry, managing bookings efficiently can make or break a hotel's success. For small and mid-size hotels, having the right OTA ( Online Travel Agencies ) channel manager is critical. What is a Channel Manager?  This prevents overbookings and reduces manual work.

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Pricing Guest Satisfaction Book Demo 130

InnQuest

SEPTEMBER 5, 2023

It involves tracking and controlling inventory in real-time, making informed decisions on pricing, room allocation and availability, and ensuring that the right resources are available at the right time. Effective management ensures that rooms are allocated efficiently and priced competitively.

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Guest Satisfaction Maintenance Pricing Book 218

Hotelogix

OCTOBER 24, 2024

A Central Reservation System (CRS)  helps hotels manage room availability, pricing, and bookings from different channels. A CRS hotel system makes sure that all room inventory and pricing are updated in real time.  Guest Satisfaction : A CRS ensures that room availability and pricing are always accurate and up to date.

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Reservations Guest Satisfaction Pricing Book 130

InnQuest

OCTOBER 28, 2022

Besides, independent hotel owners and hotel chains are also struggling to stay profitable due to a substantial rise in prices for food and essential commodities, a hike in energy prices and labour shortages. After all, with such a high cost of living, raising prices cannot be the solution to all problems. .

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Pricing Property Management Definition Information 218

InnQuest

APRIL 3, 2023

For example, using a property management system (PMS) can automate guest check-in and check-out, invoicing, and room assignment tasks. Integrating a property management system with third-party applications of your choice can also contribute to the hotel’s success.

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Training Property Management Special Events Guest Satisfaction 222

Hotelogix

MAY 16, 2024

Streamline operations with a cloud-based hotel property management system (PMS) Upgrading to a cloud-based Hotel PMS can significantly improve hotel operational efficiency. This tool is essential for understanding market trends and guest booking patterns and optimizing revenue through strategic pricing.

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Front Desk Operations Book Reservations Property Management 130

Revenue Hub

NOVEMBER 11, 2024

Room type mapping is the process of aligning different room categories across various systems, such as a hotel’s Property Management System (PMS), Channel Manager , OTAs , Global Distribution Systems (GDS), and market intelligence tools like rate shoppers.

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Pricing Article Property Management Information 96

InnQuest

OCTOBER 17, 2023

Integrate a Property Management System (PMS): A PMS, or property management system , allows hotels to manage inventory, reservations and other operations seamlessly. read a comprehensive guide to a hotel channel manager, click here. In a competitive market, dynamic pricing gives hotels an edge.

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Reservations Guest Satisfaction Book Pricing 221

Revenue Hub

OCTOBER 10, 2024

Determine the Perfect Price Once you’ve come up with the perfect combo, the next step is determining the perfect price. Instead, consider your booking patterns, forecasted demand, and competitor analysis to set a price that offers value without sacrificing revenue.

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Pricing Article Book Reservations 90

InnQuest

MARCH 2, 2023

This includes everything from online booking systems and inventory management to customer relationship management tools. For example, you can use a property management system (PMS) to manage your reservations, guest information, and room assignments. We prioritize extending support to hospitality enterprises.

Customer Service 224

Customer Service Training Guest Satisfaction Pricing 224

InnQuest

SEPTEMBER 12, 2023

This includes advertising, promotions, pricing strategies and partnerships with travel agencies and online booking platforms. Human Resource Management: Managing the hotel’s workforce is essential. Technology Integration: Keeping up with rapidly evolving technology is another challenge in hotel operations management.

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Maintenance Guest Satisfaction POS Systems Housekeeping 220

Hotelogix

JULY 11, 2024

From setting the right prices to attracting the right guests, every decision you make impacts your hotel's bottom line. In this blog, we will delve into different aspects of hotel revenue management and explore top tips and tricks to help you optimize your hotel’s revenue potential.

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Pricing Download Book Budgeting 130

InnQuest

JANUARY 5, 2023

In conclusion, a cloud-based property management system has multiple advantages over the traditional approach. InnQuest’s mission isn’t just to provide the best hospitality management system but to ensure hospitality businesses are supported whenever they need it. Learn more about us here.

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Property Management Book Catering Reservations 224

Lodging Magazine

FEBRUARY 23, 2024

About three years ago, Oracle Hospitality acquired Nor1 to deliver an AI (artificial intelligence) solution for real-time pricing and inventory management—specifically to create ancillary offers to guests—and embedded that tool into Oracle’s property management system, OPERA Cloud.

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Property Management Pricing Magazine 118

Hotelogix

OCTOBER 17, 2024

These metrics can inform pricing strategies and marketing efforts, ensuring you’re maximizing your revenue potential.    Informed Decision-Making: With access to real-time data, hotel managers can make informed decisions based on actual performance rather than gut feelings.

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Guest Satisfaction Book Information Property Management 130

Hotelogix

AUGUST 13, 2024

Attribute-Based Selling Conventional room selling typically involves categorizing rooms into standard types, such as single, double, suite, or deluxe, each with a predefined set of features and a fixed price. Optimized revenue management: Hotels can maximize their revenue potential by monetizing individual room attributes.

Guest Satisfaction 130

Guest Satisfaction Pricing Book Demo 130

InnQuest

OCTOBER 3, 2023

Real-time Updates: Thereafter, integration with property management system s (PMS) provides real-time updates on room availability and pricing. These insights inform pricing and marketing strategies, optimizing revenue management. These options include credit cards, mobile payments and digital wallets.

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Guest Satisfaction Information Property Management Blog 221

Revenue Hub

JUNE 28, 2024

NB: This is an article from Revinate Subscribe to our weekly newsletter and stay up to date These legislations, effective from July 1, 2024, focus on cancellation policies and pricing transparency, respectively. Potential impact on hoteliers: Transparent pricing: Hotels must ensure their advertised rates include all mandatory fees.

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Pricing Book Reservations Article 96

MEWS

NOVEMBER 5, 2024

Traditionally, hoteliers relied on manual processes and disconnected systems to manage reservations, pricing, guest services and more. The evolution of hotel technology The hotel industry has seen rapid changes in technology over the past decade.

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Reservations Guest Services Pricing Property Management 130

STAAH

OCTOBER 15, 2024

As technology continues to advance, hotels have transformed the way they manage daily tasks and interact with guests. Property Management System (PMS) A Property Management System (PMS) is the heart of hotel operations, handling everything from reservations and check-ins to billing and room assignments.

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POS Systems Book Pricing Catering 83