How Much Revenue Could Your Hotel Make From Upselling? [Including Upsell Calculator]
Upselling is a great way to boost both your guests’ experience and your revenue through paid upgrades and ancillary services. In this article you will learn how you can calculate additional revenue, made by upselling. Additionally you find a handy tool to help you to estimate the potential. Success Factors for Upselling A recently published benchmarking report shows that elements like property type (e.g. resort, downtown hotel, hostel…) and location (e.g. mountains, beach, downtown…) strongly impact
Travel Trends: 12 Opportunities for the Travel Industry
It's an exciting time for the travel industry. Change and evolution is more fast-paced than ever, with shifting demographics and developing technology creating brand new travel trends. Businesses who identify key travel trends and take advantage of them will be uniquely positioned to thrive in this dynamic environment. In this article, you'll read about 12 travel trends to watch in the near future. Why Is It Important to Keep up With the Latest Travel Trends?
How Can a Chatbot Increase Your Direct Bookings?
Hotels often prioritise direct bookings, because they tend to result in wider profit margins and greater overall control. Therefore, many hotel owners are keen to explore new ways to encourage guests to book directly and chatbots are emerging as one of the best options. In this article, you will find out how a chatbot can increase your direct bookings. The Importance of Direct Bookings In order to optimise financial results, hotels try to encourage as
How the Internet of Things (IoT) can Benefit the Travel Industry
For those in the travel industry, one of the most important and powerful emerging technology trends, which needs to be understood and explored, is the Internet of Things, or IoT for short. It has the potential to fundamentally change how many tourism companies operate, improve their revenue management, and enhance the customer experience. In this article, you will learn more about what the Internet of Things actually is and find out how it can be
Latest Industry News
Wyndham Hotels Named a Best Place to Work for LGBTQ Equality
21 January 2020 - Wyndham Hotels & Resorts (NYSE: WH) announced today that it received a perfect score on the
10yr. Partnership Between Sabre & Google to Build the Future of Travel
21 January 2020 - Google Cloud today announced it has joined forces with Sabre Corporation (NASDAQ: SABR)— a leading software
Lufthansa Group Selects Google to Optimise Operational Performance
20 January 2020 - Flight delays, rebookings due to missed flights and extreme weather conditions are some of the many
Latest Practical Tips to Optimise Revenue
10 Tips To Increase Your Hotel Bookings Through OTAs
Maximising demand for rooms is a vital component of revenue management and long-term business success for hotels, and online travel agents, or OTAs, can be ideal for achieving this. However, hotel owners, marketers and revenue managers need to put the work in to get the most from them. In this article, you will find out more about what an OTA can do for you, and find 10 tips for increasing the number of bookings you
14 City Marketing Strategies to Attract More Travellers
Effective city marketing strategies can assist local governments, tourist boards, hotels, travel companies and other businesses, by helping to attract more travellers to the city in question. In this article, you will learn more about what city marketing is, what it entails, and some of the main techniques that can help you to boost tourism. Quick menu: What is City Marketing? Why is City Marketing Useful and Important? What is the Difference Between City and
By How Much Can Upselling Boost Your Hotel’s Revenue? [Free benchmark report]
The importance of upselling within the hotel industry has increased over recent years. No wonder, because a good upselling strategy can significantly boost a hotels revenue. But is upselling beneficial for every type of hotel? Is it worth for your hotel? In this article you find a comparison of the
8 Corporate Travel Agents for Hotels to Gain More Business Travellers
Corporate travel agents specialise in organising business trips and events for the employees of companies. By presenting your property correctly to these agents, including delivering real-time availability and rates, hotels can create the possibility to attract more corporate travellers. In this article you learn what corporate travel agents are, why
Hotel Management Software: What Are the Benefits for Hotels?
Hotel management software is increasingly important for those in the hotel industry, offering more efficient, cost-effective ways to take care of many tasks and operations. In this article, you will learn about the various hotel management software solutions that are available, as well as the key benefits hotel software can
Tourism Marketing: Brand New Marketing Tips to Boost Your Results
For those operating in the tourism industry, the various different tourism marketing strategies that are deployed can go a long way towards determining long-term business success. With that in mind, in this article, you will find out more about tourism marketing and also find 11 of the best tourism marketing
What is a Destination Management Organisation (DMO)?
Destination management is a broad management process, based around ensuring tourism is beneficial for a particular destination. It is usually the responsibility of a destination management organisation, or DMO for short. Over the course of this article, you will find out more about what a destination management organisation actually is.
RMS System: An Overview of the Most Important Features
Revenue management is an important concept for those in the hotel industry, and a revenue management system (RMS system) can go a long way towards ensuring you are making informed decisions, based on evidence and data. In this article, you will find out more about RMS software, and the most