Guest loyalty is highly relevant for revenue in hospitality. But it is evolving. The same techniques that were focused on points and programs are not the only way.
Squeezing revenue beyond hotel rooms
Hoteliers are starting to realise that room rates alone can’t drive the profits they need.
Unlocking hidden revenue through improved reservation conversions
Who wouldn’t want to make a few hundred thousand more in immediate room revenue and see most of that go to the bottom line?
10 Creative Ways Hotels Can Boost Revenue Through Upselling
In the competitive landscape of the hospitality industry, hoteliers are constantly exploring innovative ways to increase revenue and enhance the guest experience. Upselling presents a lucrative opportunity for hotels to maximize their profits while providing added value to guests. By implementing creative upselling strategies, hotels can drive additional revenue streams and foster guest loyalty. Here are ten creative ways hotels can engage in upselling:
S Hotels & Resorts reinforces focus on profitability with THB 12bn target in total revenue
S Hotels and Resorts PCL, announced business strategies to boost profitability with the target to achieve THB 12 billion in total revenue for 2024 across five markets globally.
Hotels embrace ancillary revenue in 2023, reports Mews
Revenue per available guest increased by almost 10% in the UK, according to the Mews data dive for 2023.
Cendyn and SiteMinder establish strategic partnership to grow revenue for hotels
Cendyn, and SiteMinder, are excited to announce a strategic partnership to mutually grow each other’s revenue management capabilities for the benefit of more than 70,000 hotels.
IDeaS G3 Revenue Management Software now in Spanish and French
IDeaS announces its flagship product, G3 Revenue Management Software (RMS), is now available in Spanish and French. The software is already available in English, German, and Chinese, with Japanese to quickly follow in the future.
Cendyn acquires WIHP reinforcing commitment to driving profitable revenue
Global technology and services leader for the hospitality industry, Cendyn, continues its legacy of innovation with strategic acquisition of WIHP, a trailblazer in hotel metasearch services and technology.
Six hotel sales strategies to increase occupancy and revenue
A hotel sales strategy is a plan of action designed to increase hotel revenue and bookings. It involves identifying target markets, setting sales goals, and creating a plan to achieve those goals.
