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In a resounding achievement, MMR Hotels, India’s premier Revenue Management Company, has proudly marked a significant milestone by securing 500 hotels as their esteemed clients. With an exceptional track record of managing hotels across India and generating a remarkable 100,000-plus room nights on a monthly basis, MMR has solidified its reputation as a leader in […]
In today’s dynamic and competitive business environment, revenue management is a pivotal aspect of success. It serves as the backbone of every organization, driving profitability and ensuring sustainable growth. For businesses in various sectors, including the hotel industry in India, the best revenue management software is a powerful tool to navigate the complexities of optimizing […]
The hotel industry is a competitive one, and in order to stay ahead of the curve, hotels need to find ways to increase revenue. There are a number of strategies that hotels can use to achieve this goal, and in this blog post, we will discuss 10 proven strategies how to increase hotel revenue 1. […]
As the hospitality industry continues to evolve and become increasingly competitive, hotels need effective revenue management strategies to maximize profitability. One crucial aspect of revenue management is choosing the right revenue management system. In this blog post, we will explore the key factors to consider on how to choose a revenue management system for your […]
In the highly competitive hospitality industry, knowing how to increase your hotel online business is crucial for success. MMR Hotels, India’s leading Revenue Management Company, specializes in managing over 400+ hotels across the country, generating over 50,000 room nights on a monthly basis. With a dedicated team of experts, MMR Hotels aims to increase hotel […]
In the competitive hotel industry, attracting guests and increasing sales is essential to the success of a hotel business. With the rise of online booking platforms and increased competition from alternative accommodations, hoteliers need to adopt effective strategies to attract guests and increase sales. In this blog, we’ll explore some effective ways that hoteliers can […]
In today’s digital age, online reviews have become a crucial aspect of the hospitality industry. Guests often rely on these reviews to make decisions about where to stay during their travels. However, not all reviews are positive, and negative reviews can have a significant impact on a hotel’s reputation. Therefore, it’s essential to respond to […]
The hotel industry is constantly evolving, and with each passing year, new challenges arise. As we enter 2023, the hotel industry is facing several challenges that threaten to impact its growth and profitability. In this blog post, we will discuss 10 solutions that can help the hotel industry overcome these challenges. Embrace Technology: Technology is […]
This blog will give you plenty of tips on increasing occupancy at your small property even when tourists aren’t flocking to your destination. So you know when your low season occurs and you know who you should be targeting. Now let’s look at some examples of the marketing activities you can perform to bring in […]
In this blog we will discuss the Advantages of hotel management system. Let’s put light on some of the major advantages – Here are some of the advantages of hotel management system. Let’s get started! Get better at revenue management You’ll also have more access to crucial data by integrating a channel manager, pricing tools, […]
As a hotel owner or manager, it is essential to focus on generating revenues to sustain and grow the business. In this article, we will discuss some effective ways and methods to generate revenues for hotels. Room Revenue: Room revenue is the primary source of income for hotels. To increase room revenue, hotels can focus […]
In the hospitality industry, hotel management is a complex and demanding task. Managing bookings, reservations, sales, and revenue can be overwhelming, especially when there is no efficient system in place. To streamline hotel management, Property Management Systems (PMS) and Point of Sale (POS) solutions from a single vendor can be extremely beneficial. PMS and POS […]
Hotel revenue management is the process of optimizing revenue and profitability from hotel operations through effective pricing, demand forecasting, and inventory management. In today’s competitive hospitality industry, revenue management has become a critical success factor for hotels and resorts of all sizes and styles. Here are some key reasons why hotel revenue management is important: […]
Digital marketing has become an essential tool for the growth and success of hotels and resorts. With the rise of online travel booking platforms, social media, and the increasing use of mobile devices, hotels need to adopt digital marketing strategies to reach new and existing customers, build brand awareness, and drive revenue. Here are some […]
Artificial intelligence (AI) is rapidly transforming the hospitality industry, offering new ways for hotels and other hospitality businesses to engage with their guests and streamline operations. ChatGPT, a large language model trained by OpenAI, is one example of how AI is being used to improve guest experiences. What is ChatGPT? ChatGPT is an AI-powered chatbot […]
So, if you’re struggling with new hotel terminology or need some help deciphering hospit/ality jargon, we’ve put together a useful list of commonly used terms. Most commonly used and popular hotel terminology If you’ve been in the industry for a while, you will most likely know a lot (if not all) of these hospitality terms. […]
Revenue management is an extremely important and as crucial for small accommodation businesses as it is for large hotels. It allows hotel owners to anticipate demand and optimise availability and pricing, in order to achieve the best possible financial results. Successful revenue management strategies hinge on the ability to forecast demand and to control room […]
Running a hotel requires a lot of attention and effort. Hoteliers have many things to keep an eye on, and pretty much all of them take place offline. If your online reputation is perfect, you’ll need to maintain it. If there are any issues, you’ll need to find a way to recover. Whatever your case […]
Welcome! Whether you’re a new property owner looking to learn or an existing operator looking to optimize this blog will give you plenty of help to sell your accommodation’s rooms effectively. Let’s look at some tactics that will help you attract the attention of more guests and win them over. Here’s 11 ideas you can […]
Remember, how you communicate with your guests can make all the difference when it comes to brand loyalty and future bookings. Guest communication is certainly one of the biggest priorities you should have at your property, because it can go a long way to influencing whether your guest has a good or bad experience. One […]
In the intricate world of hospitality, where every room night counts, finding the perfect revenue management system for hotels is paramount. Enter Make My Revenue (MMR), India’s unparalleled Revenue Management Company, renowned for steering over 400+ hotels across the nation and consistently generating an astounding 50,000-plus room nights monthly. With an ardent team of experts […]
