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Hotel Magazine

Hotel Magazine2020-07-08T20:21:49+02:00

Why a Hotel Reservation System Is Important to Your Business

A hotel reservation system is one of the most essential technology investments for modern guest accommodation businesses. Using such a system, hotels and similar properties can maximize direct bookings, which are not subject to the same commission fees associated with bookings generated via third-party online travel agencies. In this article, you will learn more about hotel reservation systems, their features, and their overall value. Table of Contents: What is a Hotel Reservation System? 3 Reasons

Hotel Reputation Management Software Guide

Online reviews are extremely important for those in the hotel industry, as they help shape your wider reputation. This is precisely why many hotel owners and marketing leaders are coming to appreciate the benefits of hotel reputation management software. In this article, you will learn more about how these solutions can help. Table of Contents: What Does Reputation Mean? Why is Hotel Reputation Management Important? What is Hotel Reputation Management Software? What Are the Advantages

Hotel Real-Time Data: The Secret to Smarter Pricing

Hotel demand can flip in an instant. A sudden storm, a sold-out concert, a strike, or a new flight route can reshape booking patterns faster than any static report can keep up. By the time you open yesterday’s numbers, the market has already shifted, and competitors have adjusted. Real-time data closes that gap. It shows what is happening now across pick-up, channels, and rates. In this article, you’ll learn how real-time hotel data and automated

Top 3 Hotel Rate Parity Issues and How to Fix Them

Are you a hotelier struggling to maintain rate parity in today's ever-changing hospitality industry? If so, you're not alone. Despite the challenges of the last few years, rate parity remains a significant issue for hotels, and it's only getting more complicated. Top 3 Hotel Rate Parity Issues As a result of the pandemic, many hotels focused on generating short-term business and revenue, often at the expense of rate parity. However, maintaining consistency across distribution channels

How Upselling Provides Low-Cost Revenue and Loyal Customers

All kinds of businesses use upselling to enhance their customer experience and maximize revenue on existing sales. From the McDonald’s server asking, “Do you want fries with that?”, to airlines offering seat upgrades. Upselling provides the opportunity to maximize the value of every customer. Not all upselling efforts are well-received — particularly efforts driven by the sole desire to make more money. If done correctly, upselling can bring you closer to your guests, earn more

How to Write a Restaurant Description: A Complete Guide

How to write a restaurant description is a concept at the center of every great culinary experience. A well-crafted description lets you attract guests and enrich the experience of regulars. Succinctly describing your establishment is vital to success in today’s competitive market. In this article you’ll learn how to create and leverage a restaurant description to establish brand identity and attract loyal customers. Table of Contents: Understanding Restaurant Descriptions The Importance of Restaurant Descriptions Essential

How to Use Your (Guest) Data to Increase Revenue?

The recent years with a turbulent and unpredictable market have made hoteliers used to dramatic change. Guest booking behavior and previously established travel patterns have been replaced by new ones belonging to a hotelier's daily challenges. New travel trends and changing guest behavior are here to stay; they must act upon them. The Importance of Guest Data If you, as a hotelier, manage to monitor, predict, and act on these changes, you can leverage these

Best Practices for Managing Length of Stay Restrictions in Hotels

Question for Our Revenue Management Expert Panel: What are the best practices for managing Length of Stay restrictions? What considerations should be given to their usage, and what are the possible risks to avoid? (Question by Niko Krauseneck)  Our Revenue Management Expert Panel

What are the Best Marketing Strategies for Hotels on a Budget?

Question for Our Hotel Marketing Expert Panel For hotels with a smaller budget, what marketing strategies carry the biggest impact? What could move the needle the furthest, but with the lowest amount of investment? (Question by Cory Falter) Our Marketing Expert Panel

Best Hotel Reservation Sites for Hoteliers to Receive Bookings

The best hotel reservation sites serve as intermediaries between travelers and hotels. These platforms include online travel agencies and metasearch engines, which can be used by travelers to search for and book accommodation Online reservation platforms are important because they make it easier to attract guests and fill vacancies. A

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