Stop Getting Ghosted by Guests! 👻
Prevent No-Shows and Last-Minute Cancellations at Your Hotel!
Is your hotel haunted by no-shows? These unexpected absences and last-minute cancellations can wreak havoc on your planning and profitability.
🔍 Did You Know?
- Hotels lose between 1-5% of revenue annually due to no-shows.
- Cancellation rates vary across booking channels, with OTAs like Booking.com hitting as high as 42%!
Let’s break the curse! Here’s how you can slash no-shows and boost bookings:
🎯 Top Strategies:
- Flexible Yet Firm Policies: Shorten the free cancellation window to boost guest commitment.
- Prepayments: Reduce cancellations by 50% with upfront payments.
- Personalized Guest Communication: Automate booking confirmations, reminders, and day-of messages.
- Trustworthy Channels: Prioritize GDS and direct bookings for lower cancellation rates.
- Dynamic Pricing: Adjust rates in real-time to optimize revenue.
- Smart Overbooking: Balance bookings with predictive data.
- Last-Minute Offers: Attract spontaneous travelers with timely promotions.
💼 Join the Conversation!
What strategies have worked best for your hotel? Share your tips and experiences below! 👇
Looking to Implement These Tactics?
📧 Contact Augrev Hotel Consulting to craft a customized strategy for your hotel’s unique needs.
Let’s make your hotel the top choice, not the last-minute cancellation!
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