How Does Hotel Overbooking Impact Your Revenue?
Overbooking is a common practice in the hotel industry, strategically employed to secure maximum occupancy and guarantee the sell-out of rooms. While this approach holds undeniable benefits for hoteliers, there
Supercharge Your Hotel’s Revenue Using Strategic Pricing
In the hospitality industry, strategic revenue management allows hotels to achieve consistent profitability, no matter how the market changes. In revenue management, your goal is to fill rooms and maximize
Embracing Revenue Management Technologies in 2024: A Guide for Progressive Hoteliers
As we navigate through 2024, the hospitality sector is undergoing a transformative phase, heavily influenced by the integration of cutting-edge technologies and innovative strategies. These changes are pivotal in not
5 Ways For Hotels to Minimize Booking Engine Drop-Off
Your hotel's website might be buzzing with traffic due to all the hard work and resources you're putting into attracting visitors. But is your website as efficient as you wish
OTA Trends for 2024: What Lodging Businesses Should Know
2024 is set to witness significant changes in how travelers book accommodations, with online travel agencies (OTAs) playing a crucial role. From the return of corporate and group travel to
Hospitality Trends: The Latest Trends in The Hospitality Industry for 2024
Hospitality Trends Hospitality trends encompass the evolving practices, technologies, and consumer preferences shaping the industry. These trends, reflecting advancements like sustainable practices, personalized experiences, and digital integration, are vital for
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Guest Communications: Gold Standards, Key Challenges, and the AI
Time and effort going into answering guest queries should not be underestimated. How to optimize the process to benefit your guests and your staff? This article explores how hotel tech
A Guide to Marketing Hotel Sustainability
Today’s travelers aren’t just better-educated and better-informed, they’re more concerned than ever about adopting responsible practices around their journeys. The upshot is that these savvy travelers actively seek experiences and
Hotel Marketing; The Latest Trends in the Hotel Industry in 2024
Hotel Marketing Hotel marketing involves strategies and techniques hotels use to promote their services, enhance brand visibility, and attract guests. It includes digital marketing, social media engagement, personalized email campaigns,
15 Key Technology Trends Emerging in the Travel Industry in 2024
Technology Trends in the Travel Industry Travel technology trends represent the latest digital and technological solutions advancements in the travel industry. They are important for enhancing customer experience, streamlining operations,
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Guest Communications: Gold Standards, Key Challenges, and the AI
Time and effort going into answering guest queries should not be underestimated. How to optimize the process to benefit your guests and your staff? This article explores how hotel tech
A Guide to Marketing Hotel Sustainability
Today’s travelers aren’t just better-educated and better-informed, they’re more concerned than ever about adopting responsible practices around their journeys. The upshot is that these savvy travelers actively seek experiences and
Hotel Marketing; The Latest Trends in the Hotel Industry in 2024
Hotel Marketing Hotel marketing involves strategies and techniques hotels use to promote their services, enhance brand visibility, and attract guests. It includes digital marketing, social media engagement, personalized email campaigns,
15 Key Technology Trends Emerging in the Travel Industry in 2024
Technology Trends in the Travel Industry Travel technology trends represent the latest digital and technological solutions advancements in the travel industry. They are important for enhancing customer experience, streamlining operations,
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Open Pricing: Why Is It the Next Hotel Revenue Management Strategy
Open pricing is an increasingly important strategy for increasing hotel revenue. It allows hotels to target various customers across different budgets, maximizing revenue and raising occupation levels all year round.
Revenue Management Consulting; Benefits of Hiring a Consultant
Revenue Management Consulting Revenue management consulting involves expert advice and strategies to optimize a business's revenue, particularly in industries like hospitality and travel. Consultants analyze data, market trends, and business
12 Revenue Management Strategies to Grow Your Hotel Business
Revenue Management Strategies in the Hotel Industry Revenue management strategies in the hotel industry involve using analytical processes to predict consumer behavior and optimize product availability and price to maximize
Revenue Management vs Yield Management
Revenue Management vs Yield Management "Revenue Management versus Yield Management" distinguishes two crucial concepts in business strategy. Revenue Management encompasses various activities to maximize income, focusing on pricing strategies, market
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Best AI Use Cases and Strategies in Hotel Revenue Management
Question for Our Revenue Management Expert Panel: What are the most beneficial use cases and practical applications of AI in hotel revenue management? Where do you think the opportunities
Hotel Innovations; Different Ways to Revolutionize Your Hotel Business
Hotel Innovations Hotel innovations refer to adopting new technologies, services, and practices in the hospitality industry to enhance guest experience and operational efficiency. These innovations are important as they keep
The Benefits of Reputation Management Software for Travel Companies
Companies operating in the travel and tourism industry can live or die based on their online reputation. For this reason, a reputation management strategy is crucial, and reputation management software
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Front Office Department in Hotel: Everything You Need to Know
Front Office Department in Hotel The front office department in a hotel is a critical area where guests first encounter hotel staff. It manages key functions like reservations, guest services,
Hotel Front Office: Learn About Tasks, Responsibilities, Roles & More
Hotel Front Office The hotel front office is the hub of guest services and operations in a hotel. It's where guests first interact with the hotel, handling check-ins, check-outs, guest
Housekeeping Job Description: Key Duties and Skills Required
Housekeeping jobs are some of the most vital positions within any business in the hotel industry, but there is sometimes some confusion about what these jobs entail and the skills
Is Conversational AI a Good Fit for Guest Communications?
The power of Artificial Intelligence (AI) has been making waves in the hospitality industry. Considering rapid developments in AI-based hotel tech solutions, rising expectations of tech-savvy travelers, and challenges the
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13 Travel Business Opportunities: Become a Part of the Travel Industry!
A travel business can be described as any business that falls within the travel industry. This includes hotels, restaurants, aviation, travel agencies, and much more. In this article, you can
Hotel Companies: List of 10 Biggest Worldwide Hotel Company Examples
Hotel companies come in all sizes, from those with just a handful of properties to huge global organizations with hundreds of hotels. These companies offer some great opportunities for people
Travel Careers: Tips to Find a Career in the Travel Industry
Many people seek out travel careers, because they offer a combination of interesting day-to-day challenges, variety, and long-term progression. However, finding and securing your ideal job will require you to
How to Solve Hotel Staff Shortages and Keep Teams Motivated
Staffing issues are one of the main issues in the hospitality industry, and there are no quick or easy fixes for this problem. As hoteliers worldwide struggle to meet the