Today's Revenue Management thought:-

โœˆ๏ธ๐Ÿ’ฐ ๐–๐ก๐š๐ญ ๐‡๐จ๐ญ๐ž๐ฅ๐ฌ ๐‚๐š๐ง ๐‹๐ž๐š๐ซ๐ง ๐€๐›๐จ๐ฎ๐ญ ๐”๐ฉ๐ฌ๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐Ÿ๐ซ๐จ๐ฆ ๐‘๐ฒ๐š๐ง๐š๐ข๐ซ โ€“ ๐€๐ฎ๐ฑ๐ข๐ฅ๐ข๐š๐ซ๐ฒ ๐’๐š๐ฅ๐ž๐ฌ ๐€๐ซ๐ž ๐๐ซ๐จ๐Ÿ๐ข๐ญ๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ! โœˆ๏ธ๐Ÿ’ฐ

The Real Cost of Not Selling Moreโ€”And Itโ€™s Enormous! ๐Ÿ’ธ

Hotels say they want higher profitsโ€”but then ignore the easiest way to get there.

Letโ€™s break it down:

๐Ÿ”น Your hotel has 100 rooms.
๐Ÿ”น If just 30% of guests booked a โ‚ฌ20 upsell per stayโ€ฆ
๐Ÿ”น Thatโ€™s โ‚ฌ600 extra per night.
๐Ÿ”น Over a year? โ‚ฌ219,000 in additional revenue.

From just one small upsell. ๐Ÿคฏ

Now imagine if your front desk also sold:
โœ”๏ธ Priority early check-in (โ‚ฌ15) โœ”๏ธ Breakfast pre-booking (โ‚ฌ10) โœ”๏ธ Premium WiFi (โ‚ฌ5) โœ”๏ธ Welcome champagne (โ‚ฌ25)

Suddenly, youโ€™re adding hundreds of thousands in profitโ€”just by doing what Ryanair does every day.

The question isnโ€™t, โ€œShould we upsell?โ€
Itโ€™s, โ€œWhy on earth arenโ€™t we already doing this at scale?โ€

Tomorrow, we tackle HOW to make upselling foolproof. ๐Ÿ›Ž๏ธ

Have a profitable week.

โœŒ๐Ÿผ

Previous
Previous

Today's Revenue Management thought:-

Next
Next

Today's Revenue Management thought:-