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 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.
Understand how hotel sales and marketing teams drive revenues through strategic promotions, campaigns, partnerships, public relations, analytics, customer insights, and aligned initiatives tailored for property success.
If you want to sell hotel reservations online, it is crucial to leverage technology in your hotel operations and management to make a strong web presence and do effective marketing.
Understand the key objectives, responsibilities, activities, and focus areas of hotel sales teams in attracting bookings, driving revenues, and supporting property success.
It is best to understand Chinese tourists' unique needs and preferences to attract them with strategies that resonate with them.
Discover how hotel sales agents can elevate your bookings and profits. Learn how Emersion Wellness can help you maximize revenue
As the new year approaches, hotel revenue managers worldwide are gearing up for another year of maximizing profits in an increasingly complex digital landscape. With the rise of OTAs and meta-search engines, one of the biggest challenges we face is tackling rate parity issues that restrict our ability to stay competitive. Maintaining consistent room rates […]