Hotel Management Blog2020-09-30T07:52:30+00:00

Hotel Blog

Hospitality Industry Tips & Ideas by Xotels

The Importance of Capturing Hotel Guest Data and Email Addresses

Revenue Management Strategies during an Economic Downturn or Global Financial Crisis by Xotels

Capturing hotel guest data and information including email addresses and other contact details has become a fundamental part of any successful hotel management strategy. Central to a winning strategy is an intelligent, modern email marketing approach. Even with the rise of social media and other digital communication channels, email remains the channel of reference for hotels to build a well-rounded distribution strategy, drive direct sales, issue special offers, and promote online reputation management.

September 8th, 2020|Categories: Hotel Management & Operations Blog, Hotel Management Blog|

Revenue Management in a Crisis or Economic Downturn

Revenue Management Strategies during an Economic Downturn or Global Financial Crisis by Xotels The unofficial definition of Revenue Management used by insiders is ‘the art of turning away business’. This certainly does not apply during the current Covid-19 (coronavirus) global healthcare crisis, and the economic downturn the hotel industry is facing in its aftermath. All the standard strategies and playbooks are out of the window right now. So what to do?

August 5th, 2020|Categories: Hotel Management Blog, Revenue & Yield Management Blog|

Why Outsource Revenue Management? Advantages and Benefits for Hotels

Why Outsource Revenue Management? Advantages and Benefits for Hotels by Xotels It is a question I often hear when explaining what we do at Xotels. People seem surprised hotels are willing to hand over a vital part of their strategies to a 3rd party. Such a sensitive and key part to the success of your business as revenue management should not be left to an ‘outside’ company many hoteliers respond.

July 10th, 2020|Categories: Hotel Management Blog, Revenue & Yield Management Blog|

Hotel Feasibility Study & Example

Hotel Feasibility Study & Example

In over ten years of helping hotels to open and remodel successfully as a Hotel Management Company, we have seen time and again at XOTELS how indispensable a hotel feasibility study is.

We have also seen how many would-be hoteliers simply assume that their vision will succeed, without conducting any notable research on building a hotel business that will be consistently profitable and competitive.

In this article we look at the steps involved in carrying out an effective hotel feasibility study and provide practical examples on how to obtain one effectively.

July 1st, 2020|Categories: Hotel Management & Operations Blog, Hotel Management Blog|

The Hotel Asset Manager: Understanding the Role, Importance and Benefits

The Hotel Asset Manager: Understanding the Role, Importance and Benefits Operating hotels for over more than a decade and a half with the Xotels team, we have noticed that many hotel owners and investors do not always see the need to engage with a hotel asset manager to oversee the strategic management of their lodging business. But if you're not an industry insider, or are not up to speed with the rapidly evolving complexity and competitiveness of the hospitality industry, you might find yourself with a missed opportunity of optimizing profitability as well as mitigating risk exposure. Hotel Asset Management plays a key role in achieving a strong return on investment.

April 5th, 2020|Categories: Hotel Management & Operations Blog, Hotel Management Blog|
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