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How to diversify hotel revenue

  • Automatic
  • 3 July 2024
  • 1 minute read
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This article was written by Hospitality Today. Click here to read the original article

Packed with expert tips, this guide to optimizing space and maximizing profits will show you how to effectively diversify your revenue

Jul 3, 2024

Relying on a single revenue stream, such as rooms, increases the risk to your business. This guide provides the best ways to future-proof your property’s success by diversifying revenue.

Key takeaways

  • Through real customer stories, you’ll learn how to capture blended travel, think of space as a resource, and most importantly, build a thriving community that attracts new business;
  • Invest in F&B. Maximize upsells. Offer unique experiences. We explore these three areas where you can reap big rewards from a more engaged, higher spending guest;
  • Looking for the best hotel technology solutions? We cover three high-impact areas that help diversify revenue: Open APIs and integrations, security and payments, and data and AI.

Download the guide at Mews

Please click here to access the full original article.

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