Growth in ancillary revenue POR, plus a 5.6 percent ADR increase, resulted in a 7.3 percent gain in total operating revenue POR for resorts The post Ancillary Revenue In 2020: Resorts Benefit the Most appeared first on Revenue Hub.
Rising infection rates and chaos caused by incoherent accommodation bans could accelerate restructuring activity in German hotel market The post German Hotel Sector Facing ‘a Wave of Restructuring’ appeared first on Revenue Hub.
Data continues to show booking lead times are shortening but travellers are spending more time researching potential destinations and lodging The post Ski Destinations See Recovery Faster Than All Lodging Verticals appeared first on Revenue Hub.
Google Hotel Ads is powerful, but also complex; the devil is in the details. Many hotels are integrated, but just the basics so losing out The post Getting the Most Out of Google Hotel Ads: The Top 15 Check-List appeared first on Revenue Hub.
Budgeting for 2021 is a new horizon for us all. Financial planning is not business as usual and crafting the perfect budget is challenging The post Hotel Budgeting 2021: Planning For Season Unlike Any Other appeared first on Revenue Hub.
Revenue management decision making is influenced by many factors, making it a complex speciality; most independent hotels are missing out The post Hotel COVID-19 Recovery: It’s Time to Outsource your Revenue Management appeared first on Revenue Hub.
Expanding your focus on the conversion funnel to see the full conversion cycle will make you better marketer and help minimize cancellations The post Wake Up! Your Post-Booking Conversion Rate is Costing You Money appeared first on Revenue Hub.
The effects of the pandemic isn’t over yet. Anticipate changes and adapt your digital marketing strategy accordingly, but never abandon it The post The True Cost of Cutting Back on Your Digital Marketing appeared first on Revenue Hub.
Collect all interactions into one profile to better understand who your guests are and create smart guest lists for effective communication. The post Automating Guest Communication? Chatbots Just The Tip Of The Iceberg! appeared first on Revenue Hub.
Key takeaway is to leverage QR codes that will drive interaction which impacts a hotel’s satisfaction scores, reputation, and even revenue The post QR Codes To Increase Hotel Satisfaction Scores and Maximize Revenue appeared first on Revenue Hub.