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Today's Revenue Management thought:- The Foundation of Trust In the realm of hospitality, rate parity isn't mere industry jargon; it's the cornerstone of your hotel's commitment to fairness and transparency. When guests encounter consistent pricing across platforms, they not only appreciate the simplicity but also develop a sense of trust. Rate parity, therefore, is not just a pricing strategy—it's your hotel's promise of value and integrity. 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

Today's Revenue Management thought:- The Foundation of Trust In the realm of hospitality, rate parity isn't mere industry jargon; it's the cornerstone of your hotel's commitment to fairness and transparency. When guests encounter consistent pricing across platforms, they not only appreciate the simplicity but also develop a sense of trust. Rate parity, therefore, is not just a pricing strategy—it's your hotel's promise of value and integrity. 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

Excited to share insights into Manchester's thriving hotel scene! 🌟 Over the past 12 months, TrustYou analyzed 293,432 reviews across 327 properties. What caught our eye? Manchester boasts an impressive average response rate of 63%, surpassing the European average of 40%. 🚀 Intrigued to uncover the key players driving this success, we focused exclusively on non-branded hotels, considering reviews collected within the past year and a minimum of 1,000 responses. 🥁 Here's the curated list of top performers, complete with their Performance scores (aggregated review scores from all major guest feedback platforms and OTAs): Townhouse Hotel Manchester - 99% response rate | 2168 reviews | 8.02 performance score The Gardens Hotel - 97% response rate | 3349 reviews | 6.91 performance score The Midland Manchester - 93% response rate | 8539 reviews | 8.24 performance score The Lowry Hotel - 93% response rate | 1754 reviews | 8.88 performance score Velvet Hotel - 79% response rate | 1184 reviews | 8.67 performance score The Waterside Hotel - 77% response rate | 1365 reviews | 8.31 performance score King Street Townhouse - 74% response rate | 1072 reviews | 9.07 performance score The Alan - 70% response rate | 4119 reviews | 8.34 performance score The Castlefield Hotel - 70% response rate | 1735 reviews | 8.32 performance score The Mitre Hotel - 68% response rate | 1922 reviews | 7.11 performance score 🌟 The data reveals a crucial insight: a high response rate doesn't always translate to a high-performance score. 📈 The quality of responses and proactive measures in addressing guest concerns are pivotal in building and maintaining a stellar reputation in the hospitality industry. 🛎️🌐 🤝 Taking meaningful actions on guest feedback and addressing concerns with excellence contribute significantly to a positive guest experience and, ultimately, a standout reputation. This serves as a reminder to prioritize not just responsiveness, but the art of effective communication and customer-centric problem-solving. 🌐🏨 👉 https://lnkd.in/dH8cYtHD 👉 https://lnkd.in/dvH2hddf 🏨 #ManchesterHotels #CustomerEngagement #HospitalityExcellence #CustomerExperience #HospitalityInsights #QualityOverQuantity #ResponseAI #TrustYou #ReputationManagement #ORM #hotels

Boutique hotel operators understand the value of making the most out of what's available to them - and the tools they invest in should reflect that! Check out how advanced revenue management systems like G3 RMS from IDeaS Revenue Solutions help boutique hoteliers stay scrappy and maintain a competitive edge. #RevenueManagement #Hospitality #HotelManagement

As the hospitality industry continues to grow and evolve, new terms and concepts are emerging all the time. To help you stay informed and up-to-date, we've compiled a definitive glossary of hotel revenue management terms. Check it out 👉 https://lnkd.in/eF2VN-sr #HotelRevenueManagement #RevenueStrategy #Hoteliers #HotelTechnology #HospitalityIndustry

2023 wrapped - RoomRaccoon edition 🦝 Check out our 2023 report for all the latest independent hotel industry trends! #hoteltech #hospitality #2023trends #hoteliers #yearinreview #insights

Why is hospitality management so important for your business? According to Sundance College, it's all about creating a welcoming environment that satisfies the needs and desires of guests. "To provide excellent guest experiences, businesses need hospitality managers to oversee daily operations and strategic planning," informs their website. Does your place of business make people feel comfortable and valued? #hospitality #management #hotels #motels #business #customers #guests #customerservice #customersatisfaction #guestexperiences #comfort #value

💡 Caught in the whirlwind of competitive pricing? Unveil the secret to maintaining profitability while staying competitive in the hotel industry. Join us as we simplify pricing decisions and empower your team with strategic insights! 🚀 Ready to transform your pricing strategy? Visit our website now at www.toplinerm.com and submit the brief form to book a consultation with one of our revenue management experts! 🌟 #Hotels #HotelRevenueManagement #HospitalityIndustry #PricingStrategy #ToplineInsights #InnovativeSolutions

Excited to share this comprehensive Buyer's Guide from HotelTechReport.com, a must-read for anyone in the hospitality industry looking to navigate the complexities of Central Reservation Systems. With the landscape of hospitality technology rapidly evolving, making informed decisions is more critical than ever. This guide not only sheds light on the latest trends and predictions but also provides valuable pricing models, budget insights, and comparisons of top-rated providers. It's a resource that promises to simplify the decision-making process, whether you're managing a boutique hotel or a sprawling resort. Dive in to discover how you can leverage technology to elevate your business and stay ahead in this competitive industry! 🌟💡 #HospitalityTech #Innovation

Boutique hotel operators understand the value of making the most out of what's available to them - and the tools they invest in should reflect that! Check out how advanced revenue management systems like G3 RMS from IDeaS Revenue Solutions help boutique hoteliers stay scrappy and maintain a competitive edge. #RevenueManagement #Hospitality #HotelManagement