How to Get Guests to Spend More at Your Hotel with Online Hotel Management Systems
Remember that catchy jingle from the 90s, “Mo money, mo problems”? Well, in the hospitality industry, the saying might be better phrased as “More guest spending, more revenue, more satisfied guests!” In today’s fiercely competitive market, hoteliers are constantly seeking ways to maximize guest spending without sacrificing the guest experience. While inflated parking fees and exorbitant room service costs might spring to mind, those tactics often leave a sour taste in guests’ mouths. So, how do you encourage guests to loosen their purse strings while keeping them singing your praises? The answer lies in a strategic approach that leverages the power of modern technology and a deep understanding of guest behavior. The Hospitality Landscape: Trends in Guest Spending Before diving into the nitty-gritty, let’s acknowledge the current trends in guest spending. Here are some key points to consider: Travelers today prioritize unique experiences over simply accumulating “stuff.” ...