In today’s competitive hospitality industry, well-structured sales and revenue strategies are the key to success. To help you along the path to success, we’ve developed a number of related guides and checklists to help take your strategies to the next level. Download the complete toolkit now to receive:
• The Hotel Revenue Management Guide: Understand the many strategies and tactics your property can leverage to accelerate revenue
• Data-Driven Insights Checklist: Learn how to unlock the power of data to inform your sales and revenue strategies and tactics
• Group Sales Strategies: Boost the bottom line with the latest group sales strategies and tactics
• RFP Season Checklist: Maximize revenue from corporate relationships through key RFP season actions
• Group and Business Performance Checklist: Take group business prospecting to the next level with the latest market data
The Hotel Revenue Management Guide: The Fundamental Foundation
|As hospitality continues to evolve, sales and revenue managers must stay up to date with the latest trends and technologies to maximize their hotel’s profitability.
Learn how to evaluate and implement the latest pricing, segmentation, channel management, and other key strategies to deliver results and understand the role of technology to help you work smarter – not harder.
Data-Driven Insights: The Cornerstone of Success
|In today’s digital age, data is king. Occupancy rates, Average Daily Rate (ADR), and Revenue per Available Room (RevPAR) are just a few core metrics that can shape your decisions.
Learn to decipher these metrics but also discover innovative ways to leverage them for sustained revenue growth. Imagine being able to predict demand patterns, adjust prices dynamically, and optimize your revenue based on real-time and future-looking data. This is the power of data-driven insights.
Group Sales Strategies: The Revenue Booster
|Group sales are a vital contributor to hotel revenue. However, effective group sales strategies require a deep understanding of the market, focused distribution and prospecting plans, flawless event execution, and cross-solution technology integrations.
Learn how to develop comprehensive group sales strategies that significantly impact your revenue and outpace the competition. These strategies will not only boost your revenue but also enhance your hotel’s reputation and guest satisfaction.
RFP Season: Winning Strategies
|Request for Proposals (RFPs) season is a critical time for hotels. It’s where corporate relationships are fostered, and your property can shine.
Apply winning strategies and tactics to ensure you’re not only participating in RFPs but winning them – by understanding the intricacies of the RFP process, and crafting compelling proposals that stand out and secure valuable corporate partnerships.
The Hospitality Group & Business Performance Index: Your Secret Weapon
|Lastly, we introduce you to the Hospitality Group & Business Performance Index.
The insightful Hospitality Group & Business Performance Index (powered by Amadeus Demand360 hotel booking data and Knowland event data) can help refine your strategies for driving group business.
With just three easy steps, you can unlock greater potential and supercharge your group business efforts. It’s a game-changer that can provide you with valuable benchmarks and insights to make informed decisions.