[20 October, London] Mews, the industry-leading hospitality cloud, announced its automated space management feature within its PMS to help hotels diversify their revenue streams and increase profit. Hoteliers can now utilise every square metre of their property by selling additional spaces and managing the inventory through Mews PMS to let guests – and non-guests – book.
Thinking beyond rooms and overnight stays, Mews has helped over 800 customers so far to optimize their properties by utilizing every square metre to offer guests a well-rounded stay. With over 360,000 bookings for spaces outside of traditional overnight stays, Mews customers have seen the biggest increase in revenue from selling parking spaces and meeting rooms, which guests can upgrade during booking or check-in.
Currently, almost 2,900 parking spaces in 189 hotels are managed with Mews. An additional 1,200 meeting rooms across 312 hotels are managed with Mews PMS, where hotel staff can track digital bookings and manage dynamic pricing all within one platform. Hotels can also sell these spaces to non-guests, who might be travelling with work or living locally.
This announcement comes as the industry keeps pace with ever-changing guest needs. With the growing demand for members clubs and the increase of blended work and leisure requiring longer stays, some hoteliers are moving further away from traditional overnight stays. Mews has started to see an increase in this approach, with 90 of its hotel customers today offering hourly services to guests and 55 offering monthly stays.
Josef Lapka, VP Product Management at Mews, commented, “Many hoteliers sit on real estate, one of their most expensive costs, that could be a real revenue generator for them. By selling spaces outside of the traditional room and offering guests much more, hoteliers are seeing a much larger impact on their bottom line. Initially, we’ve seen the focus on parking spaces and meeting rooms, but this can be extended to all areas of a property, be it a spa, gym or event space.”
The Julius, which has 168 residences based in Prague, has generated €107,000 revenue from its 29 parking spaces this year alone.
Julius Meinhl, CEO of Julius, commented, “One of the big benefits of Mews is that it’s really easy to use. Parking spaces can be managed in the same way as a room or apartment. Guests can reserve their spot in the booking engine, and it automatically update.”
To learn more about how to diversify your revenue with Mews, book a demo.
Mews is the leading platform for the new era of hospitality. Powering over 3,500 properties across more than 80 countries, Mews Hospitality Cloud is designed to streamline operations for modern hoteliers, transform the guest experience and create more profitable businesses. Customers include Accor, Generator-Freehand, The Strawberry Group, The Social Hub, Life House and Airelles. Mews has been named the World's Best Independent Hotel PMS Provider by World Travel Tech Awards (2022) and Best Place to Work in Hotel Tech (2021, 2022) by Hotel Tech Report. The company has offices in Europe, the United States and Australia.