I love this opinion from a customer! Markus, CTO & CMO of Hiisi Homes & Hotels, shares how Bookboost helps turn guest data into personalized experiences. Serviced apartments, like any other hospitality business, can collect a lot of data, but why is that important? Like Markus says, when you can get visibility of everything that has happened, you can provide a better experience and cater to the guests’ needs better too. #data #guestexperience #hospitality
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🌟 Hotel Grand Stay Dashboard: Simplifying Insights for Better Decisions! Check out our detailed dashboard for the Hotel Grand Stay! With real-time insights into room type revenue, occupancy rates, and guest trends, we're bringing data-driven decisions to the forefront. This dashboard empowers hotel management to optimize operations and maximize profits with clear, actionable metrics. 💼 Key Metrics Highlighted: Total Profit: 15,700 Total Revenue: 21,850 Extra Bookings: 4,150 Room Type Revenue: Suite, Single, and Double trends Occupancy Rate: Day-by-day analysis Guest Trend: Revenue vs. Profit In a fast-paced industry like hospitality, a well-designed dashboard is crucial for staying ahead! Tamkeen Ahmed | Irfan Bakaly | AIN GenX #DataVisualization #HotelManagement #DashboardDesign #BusinessIntelligence #RevenueManagement #ExcelDashboards #DataDriven
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Always great to talk with Vassilis Syropoulos of Juyo Analytics and hear his views on everything data, revenue and decision intelligence related. This discussion around Net Revenue, the complexities involved, challenges with data and growing profile of the Commercial and Finance functions alongside the emerging role of Chief Intelligence Office is really interesting. You can see the full video here: https://bit.ly/4aAFk8W #hotels #hoteliers #hotelrevenue #revenuemanagement #netrevenue #hoteltech #video #expertinsights Bram van Berkel - Karin van Rhee
Here are some soundbites from our recent conversation with Vassilis Syropoulos, CEO & Founder at Juyo Analytics Vassilis reflects on yesterdays video about Net Revenue, highlighting some of the trends and challenges. You can watch the full video here: https://bit.ly/4aAFk8W We ask what he sees in terms of Net Revenue adoption across the hotel industry. We discuss the complexities faced when trying to embrace net revenue and we touch on the evolution of the commercial role, where the financial team fit in and the new role of chief intelligence officer. Please note, Juyo Analytics are one of our Expert Partners (https://lnkd.in/diyPemnZ) #hotels #hoteliers #hotelrevenue #revenuemanagement #netrevenue #hoteltech #video #expertinsights Bram van Berkel - Karin van Rhee
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Today's Revenue Management thought:- This week, we're uncovering 5 pricing myths that could be holding you back — and why they’re mistaken. More Occupancy Equals Higher Revenue While filling rooms might seem like a win, high occupancy at low rates can mean missed revenue. It’s often better to maintain slightly lower occupancy but at higher average daily rates (ADR), especially if your market has a healthy demand for premium room types or seasonal packages. Have a profitable week ! ✌🏼 N. HALL Consulting 🔔 Ring the bell ➕ Hit "+ Follow" 💬 Leave me a comment 👍 Like this, give it a thumbs up #Hotels #Hospitality #Distribution #RevenueManagement #OutsourcedRevenueManagement #Revenuegrowth #Consultant #Hotelgrowth #Coaching #Hotelrevenue #Hoteldistibution #Hoteltech #Hotelmarketing
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Understanding the difference between constrained and unconstrained demand is crucial for optimizing revenue. Constrained demand: refers to the actual bookings a hotel can accommodate within its current capacity, reflecting operational limits. Unconstrained demand : is the total potential demand without any restrictions on room availability, showing the full market potential. By analyzing both, hotels can identify missed opportunities and make informed decisions to adjust pricing strategies, optimize occupancy, and drive profitability. 🏨💼 #Hospitality #RevenueManagement #DemandForecasting #HotelStrategy #RevenueOptimization
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Today's Revenue Management thought:- This week, we're uncovering 5 pricing myths that could be holding you back — and why they’re mistaken. More Occupancy Equals Higher Revenue While filling rooms might seem like a win, high occupancy at low rates can mean missed revenue. It’s often better to maintain slightly lower occupancy but at higher average daily rates (ADR), especially if your market has a healthy demand for premium room types or seasonal packages. Have a profitable week ! ✌🏼 N. HALL Consulting 🔔 Ring the bell ➕ Hit "+ Follow" 💬 Leave me a comment 👍 Like this, give it a thumbs up #Hotels #Hospitality #Distribution #RevenueManagement #OutsourcedRevenueManagement #Revenuegrowth #Consultant #Hotelgrowth #Coaching #Hotelrevenue #Hoteldistibution #Hoteltech #Hotelmarketing
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🔍 Unlocking Hotel Success with Dynamic Pricing 🏨📈 Dynamic pricing is revolutionizing the hospitality industry! By adjusting room rates based on real-time demand, market conditions, and competitor pricing, hotels can optimize occupancy and revenue. 🔑 Key Benefits: Maximized Revenue: Capture higher revenue during peak times and attract more guests during off-peak periods. Increased Occupancy: Fill more rooms by offering competitive rates tailored to market demand. Data-Driven Decisions: Leverage historical data and predictive analytics for smarter pricing strategies. Embrace dynamic pricing and watch your hotel’s profitability soar! 🚀 #HotelManagement #DynamicPricing #RevenueManagement #HospitalityIndustry #BusinessGrowth
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Today's Insight: - Optimizing Revenue through Strategic Renovation Projects is a crucial aspect of hotel revenue management that can enhance guest experience and drive profitability. Strategic renovations aimed at improving guest satisfaction, updating facilities, and enhancing the overall ambiance can lead to increased demand, higher room rates, and improved revenue generation. By investing in renovation projects that align with market trends and guest preferences, hotels can stay competitive and attract a broader customer base. Stay ahead of the curve by strategically planning renovation projects that contribute to long-term revenue growth and elevate your hotel's brand image. #RevenueManagement #RenovationProjects #GuestExperience #HospitalityIndustry #Profitability #StrategicPlanning #RevenueGrowth
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Amid a growing travel market and steady inflation, hoteliers are under increased pressure to differentiate themselves from competitors and remain profitable. While room rentals are often considered the greatest source of hotel revenue, your culinary offerings also serve as a valuable opportunity to attract and retain business. 🔗 Discover the reasons why having a solid data strategy is key to menu engineering success in the #hospitalityindustry: https://lnkd.in/erXimkmv #FutureLog #menuengineering #hoteltechnology #restauranttechnology #datadriven #datastrategy #hospitalitytechnology Keen to know more? Please get in touch: [email protected]
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Are you ready to maximize your hotel revenue to new heights? With our cutting-edge solutions, you can unlock untapped potential and maximize profitability. From optimizing room occupancy to enhancing guest experiences, we've got you covered. Don't wait any longer to take your business to the next level. Book a demo now #MovieBeam #HotelRevenueBoost #ProfitMaximization #RevenueGrowth #HospitalityIncome #IncomeGeneration #MaximizeRevenue #HotelExperience #GuestExperience #GuestSatisfaction #Customers #ResiidentialExperience
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Here are some soundbites from our recent conversation with Vassilis Syropoulos, CEO & Founder at Juyo Analytics Vassilis reflects on yesterdays video about Total Revenue Management and highlights some of the legacy, and institutionalized, factors that hinder implementation. We question why department silos are still so prevalent, how hotel contracts and KPIs influence the hotel performance focus, and where technology, specifically BI tools, can have an impact on (eventually) achieving total revenue management You can also see the full video discussion here: https://bit.ly/3wshdvv Please note, Juyo Analytics are one of our Expert Partners (https://lnkd.in/diyPemnZ) #hotels #hoteliers #hotelrevenue #revenuemanagement #totalrevenuemanagement #hoteltech #video #expertinsights Bram van Berkel - Karin van Rhee
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