Top 10 Revenue Management Tools: The Ultimate Revenue Toolkit
Xotels Blog
by Patrick Landman
2w ago
Alright As a leader in revenue management consulting, we're always at the forefront of what is happening in the hotel industry ─ and keeping a close eye on how revenue management trends keep evolving. In this article, we take you on a deep dive to understand the most important trends in revenue management and highlight which opportunities will help your hotel stay ahead of the game. The post Top 10 Revenue Management Tools: The Ultimate Revenue Toolkit appeared first on Xotels ..read more
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Test case study individual page
Xotels Blog
by
3M ago
Resort Revenue Management Case Study How to increase your direct sales to 60+ % for a boutique resort property. Book a Consultation Achievement Highlights PERCENT DIRECT SALES ADR INCREASE PERCENT OCCUPANCY Our 3-step Plan to Success [...] The post Test case study individual page appeared first on Xotels ..read more
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The Ultimate Guide to Hotel Distribution Channels
Xotels Blog
by
3M ago
Have you ever wondered what makes a hotel’s distribution strategy truly effective? Hotel distribution isn’t just about listing your rooms on a few booking sites and hoping for the best. Trust me, as the CEO of a revenue management consulting company, I can tell you that a balanced and strategic mix of channels is essential to maximize your hotel’s visibility, profitability, and allows you to attract and convert the right guests. In this article, we take you on a deep dive to understand the most important trends in revenue management and highlight which opportunities will help your hotel stay a ..read more
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8 Revenue Management Trends that Define 2024 & Beyond
Xotels Blog
by
6M ago
Alright As a leader in revenue management consulting, we're always at the forefront of what is happening in the hotel industry ─ and keeping a close eye on how revenue management trends keep evolving. In this article, we take you on a deep dive to understand the most important trends in revenue management and highlight which opportunities will help your hotel stay ahead of the game. The post 8 Revenue Management Trends that Define 2024 & Beyond appeared first on Xotels ..read more
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How to Really Make Money with a Hotel: Maximizing Hotel Profit
Xotels Blog
by
6M ago
Alright then, let’s cut to the chase. You’ve got a hotel, right? And you’re probably wondering how to get it full with happily paying guests. Well, buckle up, because I’m about to spill the beans on how to squeeze every last penny out of your hotel venture. Forget those boring textbooks and those stuffy advisors. We’re going to get down and dirty with the real-world strategies that we have actually seen working as a revenue management consulting company. We’re talking about the kind of moves that’ll have your competitors scratching their heads and your accountant doing a happy dance. So, grab ..read more
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How to Really Make Money with a Hotel: Maximizing Hotel Profit
Xotels Blog
by
8M ago
Alright then, let's cut to the chase. You've got a hotel, right? And you're probably wondering how to turn that building full of beds into a building full of Benjamins. Well, buckle up, because I'm about to spill the beans on how to squeeze every last penny out of your hotel venture. Forget those boring textbooks and those stuffy advisors. We're going to get down and dirty with the real-world strategies that we have actually seen working as a revenue management consulting company. We're talking about the kind of moves that'll have your competitors scratching their heads and your accountant doi ..read more
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Occupancy vs ADR, the Never Ending Discussion in Revenue Management
Xotels Blog
by
10M ago
Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. What drives more value to the business, ADR, average daily rate, or occupancy? I have been in hotel revenue management consulting since 2006, and it is a question that keeps coming back. ‘How can I make more profit with my hotel?’ Owners that are closely watching the P&L statement are especially keen to understand how they can drive the bottom line of their hospitality business. Article Summary: Which is it? Occupancy or ADR? Hotel Room Profit The Real Question Theory Vs ..read more
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What is Hotel Management?
Xotels Blog
by
1y ago
What is hotel management, you might ask? And that’s a really good question. The hotel industry is broad and complex, with many stakeholders involved. Did you, for example, know hotels are not just managed by one party but typically have many different players involved in operating the hotel? This is just one of the many important things discussed in this article. As a hotel management company, we hope this article will help you with the basic concept of hotel management to explore different hotel positions and everything in between. We want to make sure you get the complete picture of what ..read more
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What Does a Hotel Management Company Do?
Xotels Blog
by
1y ago
Whether you’re a senior hotelier or an entrepreneur in the hospitality sector, understanding what a hotel management company does is essential to thriving in today’s competitive hospitality landscape. Running a successful hotel demands not only a passion for exceptional guest experiences but also a deep understanding of numerous intricacies to ensure revenue management, finance, marketing, and operations all keep running perfectly. Let’s uncover the invaluable support that is offered and explore why this collaboration has emerged as a strategic necessity. Article Summary:  What Do Hot ..read more
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What Does a Hotel Management Company Do?
Xotels Blog
by
1y ago
Whether you’re a senior hotelier or an entrepreneur in the hospitality sector, understanding what a hotel management company does is essential to thriving in today’s competitive hospitality landscape. Running a successful hotel demands not only a passion for exceptional guest experiences but also a deep understanding of numerous intricacies to ensure revenue management, finance, marketing, and operations all keep running perfectly. Let’s uncover the invaluable support that is offered and explore why this collaboration has emerged as a strategic necessity. Article Summary:  What Do Hot ..read more
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