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    Revenue Management Tips

    5 Easy Ways to Boost Guest Satisfaction and Hotel Revenue

    Like all other businesses, the core factor of the travel industry that determines the success of a hotel is guest satisfaction. In today's modern world, retaining hotel guests has become increasingly more important with such increasing competition. High quality service and thriving guest satisfaction is crucial for any hotel business.
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    Revenue Management Tips

    Proven Techniques to Boost Direct Hotel Bookings

    Do you want to boost your hotel’s direct sales? If you are like most hoteliers, you are looking for new ways to drive more direct traffic and bookings to your hotel’s website.  Unfortunately, an outdated website and marketing strategy can leave your hotel missing out on direct bookings, and unnecessarily paying the commission of OTAs. 
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    Hotel Revenue Management

    Are You Using Your Property Management System to Its Full Capacity?

    Your property management system (PMS) is the beating heart of your hotel operation. When it’s set up correctly, it can lift work off your team, organize tasks, improve the guest experience, and propel revenue gains. 
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    Hotel Revenue Management

    Rate vs. Occupancy: What’s the Perfect Formula for a Revenue Increase?

    It’s an age-old debate: Should your hotel revenue strategy focus on rate or occupancy? Hotel owners and general managers have long argued about if it’s better to focus on reaching more visitors or on bringing in more revenue from visitors they’re already attracting.
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    Hotel Revenue Management

    7 Immediate Reasons Why You Need to Revamp Your Hotel Revenue Strategy

    How sound is your hotel revenue strategy? If you’re like most hoteliers, you’re too busy to constantly revise and improve your revenue strategy. Unfortunately, a stale revenue strategy can leave your hotel missing out on massive revenue opportunities. 
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    Hotel Revenue Management

    5 Benefits of Partnering with a Remote Revenue Manager

    With COVID-19 steamrolling the hotel industry, most hoteliers are scrambling to regain their financial footing. The chaos may have left you in a panic. Luckily, there’s an untapped resource that many hoteliers are now turning to in order to breathe easier, lift revenue, and pave a path towards higher profits: remote revenue management. 
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    Hotel Revenue Management

    Ways to Improve Your Hotel’s Revenue Management: Think RevPar!

    Revenue is the fuel pumping through your hotel operation’s financial engine. The higher your revenue per available room (RevPAR) is, the more resources you have to drive your hotel toward higher profit. However, that hotel revenue engine needs to be fine-tuned if you want it to carry your hotel to financial success. 
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    Hotel Revenue Management

    How to Evaluate Revenue Management Software

    As hoteliers work to reassemble finances amid the chaos of the pandemic, revenue management software has become invaluable. This technology sheds light on revenue sources, unveils the path to more revenue, and can drive financial stability in shaky times. 
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    Revenue Management Tips

    Revenue Management Time Hacks for Busy Hoteliers

    Even before the pandemic pulled the rug out from under the hotel industry, hotel owners and GMs were overloaded. Just to keep the hotel operations running smoothly, you have to hit daily goals, manage chaotic schedules, and make strategic moves that chisel out higher hotel profit. At the end of the day, hoteliers rarely have time to focus on the ultimate goal: boosting revenue.
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    Hotel Revenue Recovery

    Boost Your Hotel's Revenue Now

    Accelerating Hotel Revenue Management Recovery Plan As we are exiting the most challenging times, it is time to plan and regain control by mapping all revenue scenarios and actions to deal with each one to reach hotel improvement, business recovery and to be prepared for the upcoming travel boom.
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