MMR Hotels

  Hotel Revenue Management Services  India is a culturally rich and diverse country, it has numerous heritages, places, religions, languages, and traveling sites. This generation whose lives are only their smartphones, have now come up with a new trend of traveling and exploring new places in India as well around the world. Clicking and making some aesthetic videos and pictures, then uploading them for likes, comments and shares and moreover for the attention.  You might have seen people are mostly traveling to mythological places, it may have 2 sides. One of them can be if they really want to worship or whether they are visiting because of the annoying trend. Well whatever the reason they are enjoying traveling. From booking tickets and cabs to booking hotels can now be done with only one click. The revenue of hotels and other places have been significantly increased. But have you ever wondered how they manage their revenue that is generated. So, today we especially talk...

  The sector of hospitality is a vast and diverse sector. It significantly contributes to the Indian economy by providing employment opportunities and fostering cultural exchange. In general terms the meaning of Hospitality is creating a welcoming and a friendly environment for the guests or visitors. It is not limited to providing a place or a meal to eat, but also ensuring that people feel comfortable and valued.  The hospitality industry encompasses a wide range of businesses and services that aim to cater the comfort, enjoyment, and well-being of the visitors. Here are various sectors in which the Hospitality Industry caters. Accommodation - this includes Hotels, Hostels,Resorts and other establishments that offer lodging services. The prime focus is to provide them a comfortable and a secure place to stay, ranging from pocket friendly to luxury ones. Travel and Tourism - this includes the services related to the transportation, travel agencies, tour operators and attract...

  Why Hotel Revenue Management System is Necessary? RMS (Revenue Management Software) streamlines the procedures of leveraging analytics. It is used in the hospitality industry to determine the best price for hotel rooms, maximising profitability and revenue. Such a tool, also known as a Yield Management System and Pricing Engine, is essential for all types of hotels, large and small, including Chain Hotels, Independent Hotels, Bed and Breakfasts, and others. This article will throw some light on features of hotel revenue management system . Meaning- What is it exactly? Whether one works for a professional services firm, a system, software, or technology company, or a company that provides tangible goods as a service, revenue management software should help one close the books quickly and accurately while offering a complete picture of the organisation's revenue. It's not just about pleasing the accounting team. It's also about combining the revenue streams into a single sy...

  A booking engine for hotels is essentially the hotel's website's shopping cart and checkout flow.  The guest learns about the hotel on the website, and when they click 'book now,' the hotel booking engine enters the picture, attempting to convert as quickly as possible while attempting to upsell guests to spend more while they're booking.  It is where transactions take place, and having the right system in place can literally make or break the hotel's profitability, so choosing Wisely is critical. Meaning A booking engine for hotels is a software application that is used on hotel websites and social media pages to gather and analyse direct online reservations. A commission-free direct booking engine is the key to optimising the property's sales strategy and maximising profit. Hotels have become reliant on travel booking sites to deliver reservations as most travellers now book their stays online. The benefits of listing on them include reaching large, new...