Worldpay’s Post

🌟 "I want more direct bookings." It's a phrase we hear often—but are you taking the right steps to maximize your direct revenue? 📈 Direct bookings are essential, but they're only one piece of the puzzle. There are many strategies to elevate your revenue and boost your brand's independence from third-party platforms. Ready to explore ways to enhance your direct revenue? Take a look at our latest article and let’s chat! 🗣 #DirectBookings #RevenueManagement #HospitalityTips #DirectRevenue #MoreRevenue #profitroom

📖 Maximizing Revenue in the UAE’s Luxury Hotel Market: The Power of Direct Booking Tools We’re thrilled to share our latest article, which dives into strategies for boosting direct revenue in the competitive UAE luxury hotel market. From mobile-optimized booking solutions to AI-driven personalization, the article highlights how Profitroom’s advanced booking engine supports hotels in achieving higher profitability and stronger guest loyalty. 📊 We’re also proud to have sponsored this year’s h2c GmbH study, with several key findings reflected in the article 🔍. These insights underline the growing value of direct bookings and the latest trends shaping the future of hospitality. Read here: https://lnkd.in/dm2yjAkg #Profitroom #UAEHospitality #DirectBookings #RevenueOptimization

Hospitality chain Hilton Hotels & Resorts Hotels today announced the signing of a strategic licensing agreement (SLA) with Olive by Embassy to open 150 Spark by Hilton hotels across India over the next 10 years. Spark is a premium economy brand. This move marks the brand’s debut in the Asia Pacific market. Spark by Hilton initially launched in the US, followed by Canada and the UK. Next, Austria and Germany will witness the launch. Spark by Hilton currently accounts for 200 properties globally. #mediaandbrandchronicles #hiltonhotel #HiltonHotels #hiltonhotels #spark #BusinessNews #businessnews #businessnewsdaily #businessnewsindia

"The best way for a hotel to get more direct bookings is to dynamically lower their price." That strategy might have been fine pre-COVID when OTAs didn't have their own loyalty clubs dangling cherries in front of your guests even when you set the lowest price. Or when virtual payments were not making it possible for OTAs to use their 18%+ commissions to undercut your BAR rate, and still win that booking. It's not viable in 2024. A focus on price as the lowest common denominator is only going to end badly. If your hotel is being recommended that as a strategy, know that it is not a strategy, it's more likely a product goal! There are much better ways to achieve: - Higher ADR - More Upsells - More Revenue - Happier Guests Change the strategy. Start here: https://lnkd.in/dxCkyaVS #revenuemanagement #hotelmarketing #hoteldigital #digitalrevenuemanagement #veribooking #internetaffected #hotels #luxuryhotels #otas #ota #traveltechnology

HOTEL MARKET UPDATE SEP/24 👉 RevPAR increased significantly in Stockholm in July compared to the same month in 2023, while it sharply decreased in Gothenburg. 👉 The hotel market statistics for Sweden in July 2024 were practically identical to July 2023 for the main key metrics. The number of rooms sold increased by almost 2 percent while occupancy rate, ADR and RevPAR remained the same. 👉 However, we saw larger variations among the 25 largest hotel municipalities in Sweden. Gothenburg for example saw a 2.1 percent increase in the number of rooms sold despite the fact that there were no concerts at Ullevi. Stockholm and neighboring municipality Solna saw single-digit increases in the number of rooms sold and occupancy rate and larger increases in ADR and RevPAR. 👉 Furthermore, none of the Nordic countries and capitals saw a decrease in any of the main key metrics compared to July 2023, nor were there any significant increases. 👉 Please read the full report here: https://buff.ly/3ZlMa0n #annordia #hotels #markettrends

Minimum Room Rates a needed market push: Hiran Cooray Jetwing Hotels Chief Hiran Cooray defended the Minimum Room Rates (MRR) as a necessary market push under the current environment for Colombo City hotels to return to profitability while increasing earning capacity for  their employees. “You try to market a hotel and see, it’s not easy. People don’t have the confidence, and when there is fear, you don’t necessarily go out and sell at a higher price. That’s why it’s necessary for someone to come and push it up. Finally, hotels are making money, do you want to stop that? ” Cooray questioned. He pointed out that MRR which came into effect from 1 October last year has not only supported hotels to return to profitability, but also their employees to increase their income in service charges, averaging up to around Rs.70,000-80,000 per month. #SriLanka #Tourism #Colombo #Jetwing #CityHotels #Hotels https://lnkd.in/g8wjdsgd

📊 Dive into the latest stats and trends of the Indian hotel industry! From soaring occupancy rates to technological innovations, discover how the market is evolving and growing. Stay ahead with insights on market size, revenue, top performers, and more. Swipe through to get all the details! 🏨✨ #HotelIndustry #HospitalityTrends #HotelGrowth #MarketInsights #Hotelier #TravelTrends #HotelTechnology #Sustainability #BusinessGrowth #IndiaHotels #TourismIndustry #HotelGrowthHub #RAKhospitality

It is great to explore these insights from Discover Global Network featuring interviews of hotel industry experts. Learn more about the key moments in the consumer journey as they research and book a hotel stay and the trends and opportunities for payments technology.    #DiscoverEmployee #Hotel #Hospitality #Payments #Trends 

It is great to explore these insights from Discover Global Network featuring interviews of hotel industry experts. Learn more about the key moments in the consumer journey as they research and book a hotel stay and the trends and opportunities for payments technology.    #DiscoverEmployee #Hotel #Hospitality #Payments #Trends 

This video snippet highlights the challenges faced by hotels, and Jason Mace, CEO of Gala Technology, presents how #SOTpay provides a solution that transforms these payment challenges into a seamless and enjoyable experience, as one would anticipate from a hotel stay. Watch the full video here: https://lnkd.in/epj295SH Here is another link, especially for hoteliers: https://lnkd.in/efMmbkNk #hotel #hotellife #hoteltechnology #hotelinvestments #hotels #hotelsandmotels