Learn proven strategies to sell unused hotel rooms through last-minute promotions and incremental demand generation. Monetizing excess inventory this way provides added revenue and market intelligence.
Learn proven strategies to sell unused hotel rooms through last-minute promotions and incremental demand generation. Monetizing excess inventory this way provides added revenue and market intelligence.
Looking for ideas to improve business stay in hotel? Have a look at these effective tips to ensure top-tier customer care and satisfaction.
Hotel owners must implement creative sales prospecting strategies across databases, online listings, events, and local networking to identify potential guests. Learn innovative ways to uncover and convert high-value prospects into bookings.
Wondering how to maximize hotel lead generation? It is best to follow the top ten tips shared below.
Understand key hotel funding sources like commercial loans, SBA financing, crowdfunding, opportunity funds, franchisor programs, PE investment, and more that provide growth capital.
You should incorporate smart strategies that attract corporate travelers if you want to sell your business hotel room to potential clients in the commercial industry.
The average profit margin in the hotel industry is a measure of the amount of net money the business is making after taking out all the expenses.
The concept of revenue management should widely be taught to hotel staff and managers so that they can take the relevant steps to increase profitability.
Dive deeper into strategies for selling hotel rooms to corporate clients. Learn about crafting irresistible packages, building relationships, attracting corporate events, and leveraging technology for success.
Silo mentality translates to hotel departments getting isolated from each other and focusing solely on their objectives.