Hotel group business: how to attract group bookings
🏨 Hotel group business is vital for the hospitality industry, enhancing revenue through corporate, social, association, and tour groups. These bookings offer stable revenue, fewer cancellations, and lower acquisition costs. Hotels like Marriott and Hilton excel in this sector by offering necessary spaces and services. Strategies like optimizing visibility, diversifying channels, aligning sales and marketing, and dynamic pricing are key to maximizing group bookings and profitability. They ensure efficient operations and attract repeat clients.
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