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Anuska Linc1

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  • 10 min

Must-follow revenue management metrics in hospitality

💰 Revenue management uses data to optimize total revenue by predicting demand and adjusting prices, crucial for hotels with high fixed costs. Key metrics include RevPAR, ADR, Occupancy Rate, and GOPPAR. The Social Hub utilizes 350 co-working spaces, and The Julius generated €107,000 from 29 parking spaces in 2023. Successful revenue management involves demand forecasting, dynamic pricing, and inventory control. Revenue managers should leverage technology, monitor market trends, and train teams for effective strategy implementation.
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  • 3 min

Mews Coffee Corner with Westcord Hotels and Flexkeeping | Mews blog

☕ WestCord Hotels, a Dutch chain with 15 properties, experienced a 70% increase in rooms ready by 3 PM and a 90% reduction in interdepartmental calls after integrating Mews PMS and Flexkeeping. The ROI tripled in the first year, demonstrating significant efficiency gains and enhanced guest experiences through automation. Key takeaways for hoteliers include prioritizing guest experience, supporting staff with the right tools, and leveraging data for informed decision-making.
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  • 2 min

Mews Coffee Corner with harry’s home and Gauvendi | Mews blog

☕ harry's home, founded in 2006, partnered with Gauvendi to implement hyper-personalization and dynamic inventory management. This collaboration has led to a 50% increase in direct bookings, 70% automation of the reservation process, a 24% rise in incremental revenue through upselling room features, a 30% improvement in Net Promoter Scores, and a 20% boost in average revenue. Mews Marketplace offers over 1,000 hospitality solutions to build a tech stack without connection fees.
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  • 3 min

Hospitality IT metrics for tech leads | Mews

💻 A study by Hospitality Technology found 68% of hoteliers see digital transformation as essential for growth. Unplanned downtime costs average $5,600 per minute, with hospitality breaches reaching $3.86 million per incident. By 2025, IDC predicts 80% of hospitality businesses will use cloud-based systems. 76% of hoteliers intend to invest more in integrations, and frequent software deployments are linked to a 40% higher likelihood of achieving business goals. Mews deployed 150 product releases in 2023.
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