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One of the most lucrative aspects of a hotel business can be your meeting and event space rentals. If you want this to be a significant part of your business, you need to make sure your meeting and event space…
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If you have an upper-scale hotel, your guests will have certain expectations beyond a regular hotel. You need to foster loyalty from these guests by making their experience stand out. Your concierge service is a great way to do this.…
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Rate parity is an unavoidable part of doing business in the hotel industry. While it’s not an ideal situation for hotels, it is necessary. Today in the Southeast International Hotel Brokers blog, we’ll talk about what rate parity is, why…
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Dynamic pricing is an important concept in a variety of industries, and it’s definitely an important one in the hospitality industry. In order to maximize your revenue, it’s a good idea to be familiar with dynamic pricing. Today in the…
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Customer retention is extremely important in the hospitality industry. If you have good customer retention, it means you have a constant, almost guaranteed source of income on a fairly regular basis. There are plenty of ways to improve your customer…
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In the hospitality industry, bad guest experiences are a worst case scenario. Your entire business depends on guests enjoying their stay so, when they have a bad experience, you want to do everything you can to fix it and prevent…
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Hotel managers have to do what their name implies, manage their employees. But that doesn’t mean they should have to walk them through every step of their jobs at all times. Employees need to have a decent degree of autonomy.…
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Guests like to have varied community spaces when they stay at a hotel. Including an outdoor space could be especially enticing for any would-be guest. Having an outdoor space at your hotel can provide a lot of benefits. Today in…
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When you start browsing hotels for sale, it’s good to get an idea of what type of hotel you’ll want to purchase. There are actually a wide variety of different hotel types to choose from, each with their own unique…
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Telling the Difference Between a Hotel Gimmick and a Real Innovation If you’re in the hotel industry, you see many trends come and go. Some of them are lasting, while some of them are gimmicks that quickly fade away. These…
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