Managing reservations is key to a hotel's success. Knowing where your bookings come from and where you might be losing out can help you make smarter decisions on pricing, marketing, and guest satisfaction. That's where Trip.com's eBooking extranet comes in! Our Reservation Insights & Competitive Set feature provides the key data you need to see the full picture, including reservation gains and losses, cross-visit rates, and competitive set index. Leveraging these insights allows you to analyze competition more effectively and uncover new opportunities to safeguard and enhance revenue. Login to eBooking today to unlock these reservation insights and boost your hotel's performance on Trip.com! https://lnkd.in/gyh9wKFy #hotelreservations #reservationmanagement #reservationinsights #competitiveset #competitionanalysis #revenuegrowth
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Combining smart room pricing with effective booking channels is like peanut butter and jelly 🥜🍇 - a match made in heaven for your hotel's revenue! But that's just the start. Add in demand forecasting, and you've got a full plate of tactics to serve up some serious cash flow. 📈 Wanna dig into more juicy tips? Check out our latest post on optimizing revenue management. Your wallet will thank you! 💰 Share your thoughts or tag a hotel buddy who needs to see this! 🏨✨ #HotelRevenue #HospitalityTips #RevenueManagement
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🛎 Hotelier, are you leveraging hospitality’s high demand to increase direct booking revenue and boost efficiency? 💡 Asksuite in partnership with RoomRaccoon Hotel Tech has just released the practical AskGuide that will help you achieve outstanding results using the right tech tools. In this accessible guide, you’ll learn how to: ✅ Boost direct bookings at your hotel; ✅ Empower your team to focus on revenue-generating tasks; ✅ Remove repetitive and manual processes; ✅ Take full advantage of the high demand. The link to get your free ebook is in the comments! 👇
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Revenue management consultants: Have you ever stopped to question "best practices"? Like many, I followed the traditional approach: Build a beautiful hotel website, then redirect visitors to a booking engine to complete their transaction. But then I started thinking differently. Instead of focusing on what we want to show guests, I asked: What do potential guests actually need to know? Three simple questions emerged: - Is this the room I want? - Is it available when I want it? - Is it within my budget? By bringing this critical information to your hotel's front-end website, you can help visitors make faster, more confident booking decisions. What industry assumptions have you challenged lately? #HotelMarketing #GuestExperience #RevenueManagementConsultant
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🌟 Maximise your hotel revenue with dynamic pricing strategies and linked products! 🌟 Dynamic pricing strategies and linked products are the key to increasing revenue and improving guest satisfaction. Through flexible pricing and customised offers, hotels can make the most of demand and offer their guests attractive packages at the same time. Close collaboration between revenue management and marketing is key to making data-driven decisions and achieving the best results. Discover how you can successfully implement these strategies: Read full article #HotelRevenue #DynamicPricing #LinkedProducts #RevenueManagement
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Do you know how much you’re spending to acquire each hotel booking? 🤔 Your CPA (Cost Per Acquisition) is more than just a number—it’s a key to smarter marketing decisions. In this video series, we’ll break down what CPA is and why it matters for your hotel. Watch now to learn how tracking CPA can transform your revenue strategy! #TITSolutions #HotelDigitalMarketing #DirectBooking #HotelRevenue #BookingOptimisation #HotelManagement #HospitalityTech #HospitalityIndustry #DataAnalytics #HotelMarketing #CostPerAcquisition #MohamedTaha #YouWillNeverWalkAlone
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Are you tracking your CPA effectively? It's not just a metric; it’s a mirror of how efficiently your campaigns drive bookings! Follow us at T.I.T Solutions LLC for more insights and tips on elevating your hospitality marketing game!
Do you know how much you’re spending to acquire each hotel booking? 🤔 Your CPA (Cost Per Acquisition) is more than just a number—it’s a key to smarter marketing decisions. In this video series, we’ll break down what CPA is and why it matters for your hotel. Watch now to learn how tracking CPA can transform your revenue strategy! #TITSolutions #HotelDigitalMarketing #DirectBooking #HotelRevenue #BookingOptimisation #HotelManagement #HospitalityTech #HospitalityIndustry #DataAnalytics #HotelMarketing #CostPerAcquisition #MohamedTaha #YouWillNeverWalkAlone
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We're thrilled to announce the release of our brand new eBook: "Boost your Hotel Revenue". This comprehensive guide explores the various pricing strategies used by hotels, and discusses how Artificial Intelligence can transform your approach to revenue management, helping you to: 💡 Optimize pricing strategies in real-time based on dynamic market conditions and guest behaviour. 💡 Predict future demand with greater accuracy, allowing you to make informed decisions about room rates and inventory allocation. 💡 Increase operational efficiency by automating tasks and streamlining revenue management processes. Whether you're a seasoned hotelier or just starting out, this eBook is packed with valuable insights and advice. Download your free copy today: https://lnkd.in/gh5T59QF
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Hotelier, are you leveraging hospitality’s high demand to increase direct booking revenue and boost efficiency? Asksuite, in partnership with RoomRaccoon Hotel Tech has just released the practical AskGuide that will help you achieve outstanding results using the right tech tools. In this easy guide, you’ll learn how to: - Boost direct bookings at your hotel; - Empower your team to focus on revenue-generating tasks; - Remove repetitive and manual processes; Link to get your free ebook in the comments section below!
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At Revenue Resolutions, we understand that successful hotel revenue management isn't just about crunching numbers—it's about connecting with people, perfecting your product, and driving profits. By focusing on guest satisfaction, tailoring your offerings, and optimizing your pricing strategies, you can create a harmonious balance that not only boosts your bottom line but also ensures memorable guest experiences. Let us help you refine your approach, so you can elevate every aspect of your business—because when you get the people and the product right, the profits will follow. #RevenueManagement #HotelSuccess #PeopleProductProfits
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In this video, Daniel Foreman dives into a key revenue management term to help you understand its meaning and practical use in hotel operations: Average Length of Stay (ALOS). ALOS = Total room nights in a hotel or segment ÷ Number of reservations in the hotel or segment. Understanding ALOS helps revenue managers optimize pricing and forecast demand effectively. Watch the video to learn how ALOS impacts hotel revenue management in real-life situations. 📚 For more essential hotel revenue management terms, explore our full glossary!
What is Average Length of Stay (ALOS) in hotel revenue management?
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Market Manager @ Trip.com Group | Building Trust, Communication
3moOur Reservation Insights & Competitive Set feature provides the key data you need to see the full picture, including reservation gains and losses, cross-visit rates, and competitive set index. Login to eBooking today to unlock these reservation insights and boost your hotel's performance on Trip.com! https://lnkd.in/gyh9wKFy