Increasing Revenue and Guest Satisfaction: The Art of Hotel Pricing
As a hotelier, your ultimate objective is to guarantee the success of your establishment. A vital aspect of accomplishing this goal is to effectively price your rooms. Dynamic pricing, particularly for last-minute bookings, can have a substantial impact on both your revenue and the satisfaction of your guests. So, let’s dive in and explore some […]
Advantages of Using a Real-Time Property Management System for Your Hotel
When it comes to running a successful hotel, one of the most important things is managing your property efficiently. This means taking care of everything from booking reservations to housekeeping and maintenance. Using manual processes can sometimes lead to mistakes and delays that can make guests unhappy and affect your overall revenue. That’s where a […]
Preno’s New Dynamic Pricing Feature
Automatically increase your revenue with Preno’s new Dynamic Pricing tool: Surge Pricing. With this tool Preno can now increase your rates when demand is high—without you having to lift a finger. 4 Advantages of using Preno’s Dynamic Pricing: Let’s delve into what Surge Pricing can do for your hotel: 1. Surge Pricing: Increases Your Mid-Week […]
Dynamic Pricing Strategy: Increase vs. Decrease
Dynamic pricing is a crucial strategy in the hotel industry that aims to optimise revenue and achieve maximum occupancy based on the principles of supply and demand. By dynamically adjusting prices in real-time, hotels can effectively respond to market fluctuations and capitalise on revenue opportunities. In this article, we will explore the concept of dynamic […]
A Guide to Hotel Dynamic Pricing
In the ever-evolving hospitality industry, staying competitive means keeping up with the latest trends and strategies. One such strategy that has proven to be a game-changer for many hotels is dynamic pricing. This pricing model, based on real-time supply and demand, allows hotels to optimise their revenue and stay competitive in a fluctuating market. In […]
What Is Dynamic Pricing in Hotels and How Does It Work?
In the fast-paced and highly competitive realm of the hospitality industry, staying ahead requires more than just superior customer service and luxurious amenities. It’s all about innovative strategies in revenue management, like dynamic pricing. But what exactly is dynamic pricing, and how does it work in the context of hotels? That’s what we will be […]
How To Integrate Xero with Preno: A Step-by-Step Guide
Efficient financial management is crucial for businesses in the hospitality industry. By integrating Xero with Preno, you can streamline your property management and accounting processes. This step-by-step guide will walk you through the process of connecting Xero with Preno, ensuring you reap the benefits of a seamless integration. What is Xero? Xero is a revolutionary […]
Why You Need a Hotel Property Management System (PMS) in 2023
Are you looking to improve your hotel business in 2023? Well, now is the time to invest in a hotel management system. Why? Using good software will not only help your business become efficient but also help it grow at a faster pace. In the hospitality industry, a hotel property management system (PMS) is software […]
Choosing the Right Bed and Breakfast Booking System: Tips to Get Started
When it comes to choosing a bed and breakfast booking system, there are many factors to consider. But with so many options on the market, how can you choose the right one for your business? In this blog post, we’ll share some tips on how to choose a bed and breakfast booking system that’s right […]
Why You Should Use an Online Booking Calendar for Your Hotel
If you manage a hotel, you know that managing reservations can be a time-consuming and tedious process. You also know that it’s important to have an organised system in place to keep track of all your bookings and avoid overbooking or duplicate bookings. That’s where an online booking calendar comes in. An online booking calendar […]
Is a Customisable Booking System Important for Your Hotel?
You may already be using a booking system for your hotel, but is it customisable? A customisable booking system is important for your hotel for a number of reasons. First, it allows you to tailor the system to your specific needs and preferences. Second, it can help you save time and money by automating many […]
Why Are Channel Managers Essential for Hotels?
As the hospitality industry becomes increasingly competitive, hotels are looking for ways to stand out from the crowd and attract more guests. One of the most effective ways to do this is to make sure your hotel is visible on as many online booking platforms as possible. However, managing multiple booking platforms can be a […]