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Automatic

2947 posts

Hotel upselling: Techniques, strategies, and examples

🏨 Upselling in hotels increases revenue and guest satisfaction by offering enjoyable services and upgrades. As of Sep 9, 2024, over 60% of consumers spend more on services that complement their purchase, highlighting the value of personalized, guest-centric upselling approaches. Effective upselling enhances the guest experience, potentially leading to repeat visits.
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Airbnb urges NYC to roll back short-term rental regulations

🏡 In NYC, Airbnb listings plummeted by 83% to 3,700 in August 2024, following nearly a year of strict regulations. This decline impacts travelers with limited lodging options and hosts facing financial challenges. Despite the drop, Airbnb anticipated $85 million in net revenue from New York for 2022. The company urges easing of the rules as rents soar and affordable accommodations become scarce.
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End of price parity a major blow for Booking.com

📊 Booking Holdings, facing new regulations enabling hotels to offer rates lower than on its platform, could see its dominance in the European market wane. As of September 9, 2024, the repeal of parity clauses in Europe allows direct bookings to flourish, potentially increasing Booking.com's marketing costs and impacting its earnings. Despite Booking's strong past performance, future earnings may slow with more competition and higher expenses.
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