How To Boost Hotel Occupancy Rate? Clearly Explained!

How To Boost Hotel Occupancy Rate? Clearly Explained!

After the onset of COVID-19, hotels are struggling and making general efforts to boost profits by increasing their occupancy rate. Keeping hotel occupancy rates at an optimum level helps hotel business owners to stay profitable in the long run. And looking at the average occupancy rate for hotels in 2022, the hospitality industry is optimistic…

Hotel Competitor Analysis: How to Do & Why Does It Matter

Hotel Competitor Analysis: How to Do & Why Does It Matter

Competition has significantly increased in every other industry and has forced many business owners to adopt different strategies to stay ahead in the competition. The hospitality industry also suffers from cut-throat competition for which it is important for hoteliers to adopt a suitable Hotel competitor analysis to get an edge in the market. A competitor…

Hotel Revenue Management Strategies: 5 Tools & Importance

Hotel Revenue Management Strategies: 5 Tools & Importance

Every business survives on revenue generation and profitability in this tech-forward competitive world. But strategically planning and boosting revenue management provide you the leverage to stay ahead of the competition. It is something hoteliers thrive to achieve through dynamic pricing strategies and analyzing fluctuating demands. In this article, we have covered everything about Hotel Revenue…

Hotel Pricing Monitoring: Definition, Importance & How to Do

Hotel Pricing Monitoring: Definition, Importance & How to Do

Hotel Pricing plays a key role in the hospitality industry because of such a highly competition-driven field and to maximize profits. Thus, Hotel Pricing Monitoring is a crucial strategy that many hoteliers adopt to maintain and sustain the competition. This not only helps hoteliers to adjust and fluctuate their pricing strategy according to changing market…

How Poor Mapping Can Affect Your Travel Business Revenue?

How Poor Mapping Can Affect Your Travel Business Revenue?

Picture this: A traveler booked a hotel in Philadelphia from an online travel agency (OTA) at a discounted deal. Upon reaching the hotel destination, he is informed that the hotel he booked is actually in New Jersey. The traveler then spends hours trying to get his refund for the wrong hotel booking. Imagine the hassle…

5 Yield Management Pricing Strategies For Hotels & Advantages

5 Yield Management Pricing Strategies For Hotels & Advantages

If you’re a hotel owner or manager, you’ve likely heard of yield management pricing strategies for hoteliers. But if you don’t know what it is, exactly? And more importantly, what benefits can it bring to your business?  In this blog post, we’ll break down yield management and explore seven pricing strategies you can use to…

How to Improve Your Online Booking System with Hotels API?

How to Improve Your Online Booking System with Hotels API?

Online bookings earn around 63% of the tour and travel industry’s revenue yearly. Automating reservation methods with a good hotel booking system decreases the chance of human errors and troubles in business. An excellent hotel booking system will let you efficiently handle online bookings. Hotel API integration delivers online booking systems that are open and…