Hotel Revenue Management
Beyond OTAs: The Best Alternative Revenue Streams for Hotels
For many hotels, Online Travel Agencies (OTAs) are a significant source of bookings. However, relying too heavily on OTAs can cut deeply into your profits due to high commission fees and competitive pricing pressures. To maximize revenue and create a more sustainable business model, hoteliers must explore alternative revenue streams that go beyond traditional room bookings. At RevOptimum, we help hotels uncover innovative revenue opportunities that enhance profitability. Here are some of the best ways to generate additional income for your property.
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