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Revenue Management Systems for Hotels: Products and Features

Altexsoft

A solid revenue management system (RMS) serves as a trusted steering wheel, guiding in the right direction and making that journey smoother. With the right RMS in place, hotels and vacation rentals can optimize room pricing, enhance occupancy rates, and boost overall revenue. What is a revenue management system for hotels?

Hotels 52
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Metasearch in Hospitality: an Overview of Hotel Search Engines

Altexsoft

In April 2020, the hotel occupancy in the US dropped to its lowest level ever — the bewildering 24.5 The annual average was roughly 44 percent, which means that more than half of hotel rooms were empty during the whole year. This means a hotel is charged every time the ad is clicked and redirection occurs.

Hotels 119
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Brex takes a swipe at Concur with an expansion into travel

TechCrunch

Sometimes companies have the perception that the best way to reduce travel costs is to get people to get cheaper flights or cheaper hotels and make two stops on the way to two places,” he said. “We And if a company requests it, employees can only see flight and hotel options that are in policy.

Travel 192
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Guide to Digitizing Hotel Upselling and Cross-Selling: Strategies and Tools

Altexsoft

Upselling and cross-selling provide hotel owners and managers with the ability to drive greater profit from the same guest by timely offering valuable services. This post aims at explaining the key hotel upselling and cross-selling strategies, ways to digitize them effectively, and examples of existing software serving that purpose.

Hotels 59
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Hotel Online Payments: How and Why to Transform Your Payment Process

Altexsoft

Let’s be honest, for many hotels, payment functionality is not a priority. Once integrated, the payment gateway or processing solution isn’t customarily upgraded or reviewed. Hotel payments challenges. Currently, there are four main areas where hotels experience shortcomings with their payment technology.

Hotels 52
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Sequoia heats up early-stage startup investments in India and Southeast Asia

TechCrunch

On a recent winter morning in New Delhi, Rajan Anandan and Pieter Kemps were pacing on the floor of a five-star hotel, quizzing a group of over two dozen young startup founders about their goals. One founder set eyes on getting the most downloads in the mobile gaming category. They have built a great brand.

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Email Marketing Software in the Travel Industry: Benefits, Challenges, and Success Stories

Altexsoft

This was largely due to the COVID-19 pandemic uprooting the status quo for both international and domestic travel. This article will explain how email marketing software manages to produce winning campaigns for travel enterprises. What Email Marketing Software Does. The Challenges of Marketing to Travelers. Personalization.

Travel 86