❓ Ever compared sports with running a hotel? Our Director of Hospitality Solutions, LATAM, Arturo Gracia Pimentel - CRME, did just that. Check out his LinkedIn article, where he draws parallels between hotel revenue management and NBA champions like the Denver Nuggets, diving into: • Informed adjustments and personalized strategies • Enhanced recovery and performance optimization • Psychological benefits and confidence building • Increased competitiveness • Long-term success and sustainability. 👉 Read the full article here: https://lnkd.in/dHeEKc2S #HotelTech #RevenueManagement #HospitalityIndustry #Innovation
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🌟 Attention Hotel Marketers! 🌟 Don't miss out on "The Hotel Marketer's Playbook" – your essential guide to mastering hotel marketing strategies! Discover cutting-edge tactics for: - Increasing direct bookings and reducing OTA dependency - Enhancing upselling and cross-selling techniques - Driving higher TRevPAR with innovative approaches See comments for more! #HotelMarketing #DirectBookings #Upselling #CrossSelling #TRevPAR #DigitalMarketing #Sojern
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Welcome to a new frontier where hoteliers can enhance guest experiences and boost profits through online upselling strategies 🚀 Are you ready to unlock the potential of online upselling? Slide through our carousel to uncover the three key upselling strategies 🔍 And click the link below to read our full blog article ⬇️ https://lnkd.in/d3ShG6r9
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Today's Revenue Management thought:- The balancing act….. Boosting revenue through direct bookings is the ultimate goal for all hotels. However, it's important to bear in mind the associated costs of acquisition, and this matters greatly. If you can't beat the OTA commission, steer clear. ' Acquiring reservations through your own website will come with hidden costs, so weigh your options carefully. Have a profitable week. ✌🏼 N. Hall Consulting 🔔 Ring the bell ➕ Hit " Follow" 💬 Leave me a comment 👍 Like this, give it a thumbs up #Hotels #Hospitality #Distribution #RevenueManagement #OutsourcedRevenueManagement #Revenuegrowth #DistributionStrategies #Consultant
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Today's Revenue Management thought:- The balancing act….. Boosting revenue through direct bookings is the ultimate goal for all hotels. However, it's important to bear in mind the associated costs of acquisition, and this matters greatly. If you can't beat the OTA commission, steer clear. ' Acquiring reservations through your own website will come with hidden costs, so weigh your options carefully. Have a profitable week. ✌🏼 N. Hall Consulting 🔔 Ring the bell ➕ Hit " Follow" 💬 Leave me a comment 👍 Like this, give it a thumbs up #Hotels #Hospitality #Distribution #RevenueManagement #OutsourcedRevenueManagement #Revenuegrowth #DistributionStrategies #Consultant
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Winning Over the Competition: How to Select the Right Comp Set - Learn how to select the proper comp set for your hotel to maximize RGI, attract the right guests, and outperform your competitors. https://hubs.ly/Q02FNy7c0
Winning Over the Competition: How to Select the Right Comp Set
demandcalendar.com
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The day-to-day responsibilities of revenue leaders have evolved along with the technologies they use. If they haven't already, it's time for hoteliers give some serious consideration to how they can build a solid foundation of support for today's revenue professionals. This piece from IDeaS Revenue Solutions' Christian Boerger offers some excellent suggestions for making it happen. #Hospitality #HotelManagement #RevenueManagement
How to elevate the people behind your revenue
hotelmanagement.net
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Today's Revenue Management Tips: Group Sales Optimization Group sales optimization is a vital revenue management strategy for hotels, focusing on the effective management of bookings and events involving large groups, conferences, weddings, and other gatherings. To maximize revenue from group sales, hotels should have a proactive approach in identifying and targeting group booking opportunities through tailored pricing packages, dedicated sales teams, and personalized event planning services. By strategically allocating room blocks, offering group discounts, and customizing experiences, hotels can attract and retain group bookings while maximizing revenue potential. Moreover, optimizing group sales involves efficient coordination between revenue management, sales, and operational teams to ensure seamless execution and guest satisfaction during group events. By leveraging data analytics and forecasting tools, hotels can anticipate group booking trends, adjust pricing strategies, and capitalize on additional revenue streams such as catering, AV services, and room upgrades. Embrace group sales optimization strategies to elevate guest experiences, drive revenue growth, and establish your hotel as a top choice for group bookings! 🎉🏨 #Hotels #Hospitality #RevenueManagement #GroupSalesOptimization #EventPlanning #RevenueGrowth #DataAnalytics #BusinessStrategy #HotelEvents
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Don't Just Get Guests, Get Loyal Fans! In today's competitive hospitality landscape, a one-time stay isn't enough. You need to build instant loyalty to keep guests coming back for more. Here's how Profitroom Loyalty can help: Reward from the First Booking: Offer discounts and perks right from the start, making your offer more enticing and setting you apart from competitors. Boost Direct Bookings: Encourage guests to book directly on your website by rewarding them for skipping the middleman. Loyalty Tiers that Motivate: Customize your loyalty program with different levels and benefits. Watch guest engagement soar as they strive to unlock the next tier! Profitroom Loyalty lets you: Set the number of loyalty tiers and corresponding discounts. Pick exciting bonuses and freebies to keep guests engaged. The result? Loyal guests who become your biggest advocates! #hospitalitymarketing #guestloyalty #profitroom P.S. Want to learn more about how Profitroom Loyalty can help your property? Drop a comment below and let's chat! https://lnkd.in/dXs3y_TC
Profitroom Loyalty - a loyalty club created for hotels in mind
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"The success of any hotel relies heavily on its sales department to function efficiently and productively." Find out how to increase revenue in your sales department with these best practices. ⭐ 📊 📈 #reworkhotelsales #directorofsales #hotelsandmotels #hospitality #hotelsalesdepartment #salesdepartment #salesmanager #salescoordinator #revpar #revenue #groupsales #businesstravel
How Hotel Sales Departments Can Achieve Optimal Efficiency and Revenue
reworkhotelsales.com
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