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    Hotel Revenue Post-Crisis

    The Six Step Plan to Revive Your Hotel's Marketing Strategy

    We could have never imagined that the world would come to a complete stop. Who would have thought that social distancing would become a practice or that a large percentage of the population would be staying at home under strict guidelines?
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    Hotel Revenue Management

    International Travel is Booming, Let's Prepare Your Hotel

    As the world reopens and pre-COVID travelers become hungry to get out of their homes, hotel bookings are only quickening. On the World Hotel Index, it seems that eleven countries are now surpassing their pre-pandemic booking volumes, while a further six are just above 90% -- so what is driving this strong performance? The key ingredient in this drastic uptick in international bookings is the final stage of the hotel booking reset = global acceleration.
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    Hotel Revenue Management

    Using the Gig Economy for Low Cost Revenue Management

    You have probably heard the term "gig economy" before. You might instantly think of ridesharing or food delivery, but in truth, the gig economy impacts all industries, including oversized, multinational corporations are becoming part of this exploding workforce development.
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    Hotel Revenue Management

    How to Maximize from the New Age of Bleisure

    There is a new age of work-life. A hybrid that is growing in popularity as boundaries begin to blur. Bleisure is quite obviously the combination of business and leisure and refers to combining professional business travel with personal leisure time.  Before the pandemic, we heard and saw the digital nomad writing a blog post on a beach or a manager checking their emails on a ski lift. These business travelers usually tried to enjoy the weekend off somewhere they visited for a conference or work. With this new scenario, technology has blurred the barriers between work and play, professional and personal, career and downtime. 
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    Hotel Revenue Management

    The Importance of Expert and Personalized Revenue Management

    For independent properties, revenue management has always been the least understood part of operations. Most hoteliers accept that decent revenue management strategies can boost occupancy; however, they don't consider it crucial to their hotel's success. On top of this, because of independent's strict budgets, hotel owners and general managers stick to a basic, cheap, and frankly unfruitful revenue management service or a trainee who doesn't know the in-depth strategies for maximum profit.
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    Hotel Revenue Post-Crisis

    How to Adapt to the Post-COVID Hotel Staffing Issue

    Independent hotel businesses are struggling to fill open position throughout their operation as well as finding suitable candidates for key positions, which is contributing to a harsh impact on the hotel's revenues. Many Hospitality Revenue Management Companies are now advising hotel businesses to hold their current room rate but push the guest length of stay to attain more revenue growth.
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    Hotel Revenue Management

    4 Steps to Earning More Revenue Without Raising Hotel Room Rates

    For those operating in the hotel industry, to hoteliers and general managers, maximizing revenue is a top priority. However, achieving this goal requires the optimal pricing strategy at the right time. Thus, pricing plays a critical role in the hyper-competitive industry that is hotel and travel.
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    Hotel Revenue Management

    5 Advantages of Staying Independent vs. Converting into a Brand Hotel

    The competitive hotel market is driving revenues for the large brands due to their high budgets to attract guests. Small hotel chains and independent hotel brands are becoming concerned about their position in the aggressive marketplace and determine to convert to a branded hotel chain.
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    Hotel Revenue Management

    Increase Revenues Without Hotel Revenue Management Software

    Independent hoteliers with no budgets for expensive digital hotel revenue systems can now compete with large hotel chains. Independent revenue management companies can help independents ramp up profit without the need of purchasing an expensive revenue management software.
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    Revenue Management Tips

    3 Reasons Why Hotels Must Capture Guest Data

    It is surprising to know that regardless of the rise of social media and other digital communication channels, email remains the main channel of reference for hotels to: drive more direct sales, issue special offers, promote online reputation management, and build a successful distribution strategy.
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