HRS Hospitality & Retail Systems’ Post

🏨 Success Story: The Emblem Prague Hotel Boosts Revenue with hotellab We're excited to share how The Emblem Hotel, a 59-room lifestyle hotel in the heart of Prague's historic city centre, transformed its revenue management strategy with hotellab. Helena Valtrova LL.B LL.M, the General Manager, reports: "Before switching to hotellab, we were using another revenue management solution that focused mostly on our internal sales data. However, we wanted to take our revenue management to the next level by combining external market data from OTA Insight with our live updates of bookings pace and sales data from the MEWS PMS. That's why we decided to give hotellab a try, and we were not disappointed. The integration of external data helped us achieve higher results, with a particular focus on increasing our ADR." Results: ✅ 11% increase in ADR after just one month of implementation ✅ Seamless integration with Mews PMS and Lighthouse insights ✅ Enhanced ability to analyse market data, compare competitor pricing and identify booking trends ✅ Optimised dynamic pricing for maximum revenue and profitability Want to learn how hotellab can transform your hotel's revenue strategy? Check out the full case study in the attached PDF and get in touch with our team today for an audit https://lnkd.in/eWZA_KQN #HotelRevenue #RevenueManagement #HospitalityTech #SuccessStory #PragueHotels #RevenueManagementSoftware #Hotels #Hospitality

Hotel giant Accor is partnering with Amadeus for a new central reservations system (CRS). The goal is to have the first hotel live on the system in a year, and France-based Accor is prioritizing luxury properties in North America to migrate first. Learn more on #PhocusWire: https://bit.ly/3KsN0zN #travelnews #travelindustrynews #travelindustry #hotelindustry #traveltech #traveltechnology #traveltechnews #hoteltech

Do you have a strategy to fuel your ancillary revenue in 2024? Check out the guidelines from Pere Estela Pujals, Global Ancillary Director at Iberostar Group, and learn how to establish a robust ancillary revenue strategy for your hotel. Download the playbook now and explore where to start and how to scale your strategy, covering key areas such as: ✅ Defining your hotel positioning ✅ Evaluating target segments ✅ Optimising the guest journey ✅ Harnessing automation to boost your ancillary revenue results. Download now: https://hubs.li/Q02c078x0 #oaky #iberostar #hotelrevenue #hotelrevenuemanagement #ancillaryrevenue #hotelancillaryservices #hoteltech #hotelupsell

📣 Are you a hospitality vendor that offers upsell platforms to hotels? This is for you! We are excited to be adding upsell technology to Affixify. If your technology helps to enhance the guest experience through upgrades, and want to connect with hotels that need your platform, DM us. We want to chat! 📞 #hospitality #hoteltechnology #hotelupgrade #hospitalitysolutions

In today's digital world, personalization is power. Customers crave tailored experiences, with 71% expecting them and 76% frustrated without them. Are you delivering personalized interactions to boost loyalty, engagement, and sales for your hotel? #Hospitality #Hotels #Digital https://lnkd.in/gAV4qHPp

In the quest to meet the evolving needs of modern guests, Guestline GuestPay emerges as a beacon of innovation for hoteliers. By leveraging GuestPay, hoteliers can unlock benefits that elevate the guest experience and drive long-term loyalty. Want to learn more? Click here: https://shorturl.at/lpuBN Did you know a new hotel is powered by GuestPay everyday? Now you can join that list and enquire here: https://shorturl.at/goxF0.

In today's digital world, personalization is power. Customers crave tailored experiences, with 71% expecting them and 76% frustrated without them. Are you delivering personalized interactions to boost loyalty, engagement, and sales for your hotel? #Hospitality #Hotels #Digital https://lnkd.in/eEQgu3K8

In today's digital world, personalization is power. Customers crave tailored experiences, with 71% expecting them and 76% frustrated without them. Are you delivering personalized interactions to boost loyalty, engagement, and sales for your hotel? #Hospitality #Hotels #Digital https://lnkd.in/e7PRWtpf

Following on from our discussions last week about Total Revenue, here are some soundbites from our recent conversation with Karin van Rhee of Juyo Analytics, Amrita Makkar, CRME of Virgin Hotels and Jens Egemalm of Pandox, this time looking at Net Revenue and the challenges presented in trying to adopt it. In this discussion we ask is Net Revenue easier to achieve than Total Revenue? Do we know what Net Revenue actually means? And do hoteliers have a handle on guest acquisition costs - surely they must do by now??!! You can also see the full video discussion here: https://bit.ly/4aqCHXq Please note, Juyo Analytics are one of our Expert Partners (https://lnkd.in/diyPemnZ) #hotels #hoteliers #hotelrevenue #revenuemanagement #netrevenue #hoteltech #video #expertinsights Vassilis Syropoulos –Bram van Berkel

The discussion on Total Revenue was certainly fascinating and talking with Karin van Rhee of Juyo Analytics, Amrita Makkar, CRME of Virgin Hotels and Jens Egemalm of Pandox about Net Revenue didn’t disappoint either. There are some obvious challenges that need to be addressed. A clear definition might be a good starting point, but beyond that the rewards could be valuable if the time, energy and investment needed are properly applied. You can also see the full video discussion here: https://bit.ly/4aqCHXq #hotels #hoteliers #hotelrevenue #revenuemanagement #netrevenue #hoteltech #video #expertinsights Vassilis Syropoulos – Bram van Berkel