Cloudbeds

NOVEMBER 8, 2023

To provide background into the intricacies of hotel payments and how an experienced team and customized solution can be a game-changer for lodging operators, we spoke to Marcus Marcondes de Carvalho, Payments Risk Compliance Manager at Cloudbeds. Cancellations and refunds. Multiple payment methods. Online travel agencies.

Management 98

Management Cancellation Operations Hotels 98

eZee Absolute

SEPTEMBER 22, 2023

They usually come with flexible booking and cancellation policies, allowing guests to make changes or cancel reservations without incurring significant penalties. Non-Refundable Rates: Non-refundable rates are typically lower than standard rates but come with stricter cancellation policies.

Revenue 52

Revenue Management Occupancy Revenue Management 52

Cloudbeds

AUGUST 21, 2023

Overbookings can be stressful for the front desk and the guest, but you can manage them with ease if you have a proper plan in place. A good channel manager refreshes every minute or so, leaving an unavoidable small window where multiple guests can book the same room. All channel managers and individual channels require careful setup.

Overbooking 98

Overbooking Cancellation Occupancy OTA 98

Hotelogix

FEBRUARY 8, 2024

Most importantly, we will see how a user-friendly hotel management software can help you in this.  Become sustainable An increasing number of guests are looking for sustainable options in their accommodations. It will let you cancel or modify reservations as per guests' preferences.   Wait. There is more to it.

Management 59

Management Services Hotels Cancellation 59

SiteMinder

NOVEMBER 6, 2023

Airbnb host fees come in two forms: Host-only fee: This fee structure is mandatory for what Airbnb calls ‘traditional hospitality listings’, such as hotels, hostels, serviced apartments, etc, and for any other owners that publish and manage listings through a PMS like SiteMinder. The guest then pays a fee of approximately 14%.

Cancellation 59

Cancellation Hotels Services OTA 59

SiteMinder

JANUARY 8, 2024

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities.

Operations 59

Operations Management OTA Hotels 59

Hotel Business

FEBRUARY 22, 2023

SiteMinder’s new Hotel Booking Trends report, a hotel commerce data analysis of more than 36,000 hotels and 450+ connected booking integrations, has revealed travelers booked their trips on average eight days earlier, and canceled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Travel 102

Travel Average Length of Stay Average Daily Rate Global Distribution System 102

Inn Quest

OCTOBER 17, 2023

That being said, this blog explores some best practices for avoiding overbooking in the hotel industry as well as how to accurately track occupancy rates and manage inventory across multiple channels. However, when guests don’t cancel as expected, it can lead to overbooking. The question yet remains: is it the right thing to do?

Overbooking 88

Overbooking Cancellation Forecasting Occupancy 88

STAAH

JULY 12, 2023

Over a half of travellers who responded to a recent Expedia Group survey said they would not book non-refundable accommodation, even if it was discounted.* On Expedia Group sites, your property will show ‘Free Cancellation’ in traveller search results. We recommend a 100% refund for cancellations within a short.

Cancellation 79

Cancellation General Manager Travel Accommodation 79

SiteMinder

JANUARY 8, 2024

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities.

Operations 52

Operations Management OTA Hotels 52

Little Hotelier

MARCH 25, 2024

Cancellation data: How types of guests and times of year affect cancellation and no-show rates. bad weather, surprise events or event cancellations). Three of the most common hotel forecasting methods include: Revenue management forecasting: Used to predict future demand.

Forecasting 52

Forecasting Cancellation Average Length of Stay Revenue 52

Little Hotelier

JUNE 21, 2023

If they have a bad experience with your accommodation and leave a review on Booking.com saying so, that can have big impacts on your business. With 28 million accommodation listings on the site, Booking.com is the most visited travel and tourism website in the world. How often should you manage your Booking.com host reviews?

Management 59

Management Cancellation Services Travel 59

SiteMinder

MARCH 13, 2024

Often travellers will use apps via their mobile devices to research, book, and pay for hotel accommodation. Hotel booking apps are now a dominant source of bookings for accommodation providers, with travellers booking their trips online more often than not. Table of contents Why should you be aware of the best hotel booking apps?

Hotels 78

Hotels Accommodation Global Distribution System Travel 78

STAAH

DECEMBER 12, 2023

During peak holiday periods, consider adopting a revenue management system that factors in various parameters such as historical booking data, competitor pricing, local events, and even weather forecasts. Create attractive holiday-themed packages that include accommodation, festive meals, entertainment options, or exclusive amenities.

Target Marketing 79

Target Marketing Cancellation Forecasting Revenue 79

Hotel Business

DECEMBER 1, 2023

This commitment is a result of joining forces with The Neu Project, an initiative from Google’s Experience Institute (Xi) that aims to share resources designed to better accommodate and create a more inclusive experience during meetings and events for neurodivergent attendees. 28 through Dec.

Events 111

Events Cancellation Accommodation Closing 111

SiteMinder

FEBRUARY 13, 2023

SiteMinder’s new Hotel Booking Trends report, the only hotel commerce data analysis of more than 35,000 hotels and 450+ connected booking integrations, has revealed travellers booked their trips on average eight days earlier, and cancelled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Average Length of Stay 52

Average Length of Stay Average Daily Rate Travel Global Distribution System 52

STAAH

JUNE 6, 2023

A hotel booking engine is a crucial tool for hotels and accommodation providers in today’s time. If you are a smart hotelier or any type of accommodation provider, you would not want to miss the chance of converting your website visitors from an OTA (or any other source) and bag the commission-free direct bookings.

Cancellation 72

Cancellation OTA Global Distribution System Revenue 72

Inn Quest

JUNE 6, 2023

Emergence of alternative lodging options: Firstly, it is clear that OTAs have become an integral part of the travel and hospitality industry, providing a convenient and efficient platform for travellers to book accommodations and experiences. Book a demonstration of our award-winning hotel management software here.

OTA 52

OTA Hospitality Cancellation Consumer 52

SiteMinder

MAY 16, 2023

Table of contents Introduction from SiteMinder: The bleisure market and hotel booking trends Following the pandemic, the bleisure market changed from a growing niche to a mainstream source of bookings for accommodation providers. The good news is that they don’t discriminate when it comes to choosing their accommodation.

Average Length of Stay 105

Average Length of Stay Occupancy Average Daily Rate Revenue 105

Inn Quest

OCTOBER 11, 2023

Booking.com If you’re looking for a user-friendly OTA with a wide array of accommodation options, Booking.com is a top pick. Airbnb For a unique twist on travel accommodations, Airbnb remains a standout choice. Booking Flexibility: Look for options that allow changes or cancellations.

OTA 88

OTA Travel Cancellation Accommodation 88

STAAH

MAY 30, 2023

With the rise of online travel sales and the influence of e-commerce and review sites, accommodation providers must adapt to the evolving distribution landscape. A Hotel Channel Manager is an essential tool that not only helps manage multiple channels but also provides valuable data for informed distribution decisions.

OTA 82

OTA Hotels Revenue Travel 82

Hotel Business

SEPTEMBER 27, 2023

“The health and recovery of the Asian travel segment is paramount to the overall vitality of the global tourism marketplace, so the world is undoubtedly keeping a close eye on this audience’s intent to travel,” said Cees Bosselaar, managing director, Europe, MMGY Travel Intelligence. “As

Travel 59

Travel Cancellation Intent Closing 59

SiteMinder

SEPTEMBER 6, 2023

While they can be a wild card in the hotel management game, they offer a unique opportunity to maximise occupancy and revenue. Reduced cancellation risks : The closer the booking is to the stay date, the less likely it is to be cancelled. The answer is a pooled inventory system via a tool like SiteMinder’s channel manager.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

Hotel Business

NOVEMBER 15, 2022

Using technology that tracks and analyzes key touchpoints, such as guest reviews, cancellations, in-stay feedback, call propensity and relocations, can all help to build an accurate picture of the overall experience. Hari Nair is global SVP/GM, account management at Expedia Group.

Travel 132

Travel Cancellation Accommodation Intent 132

STAAH

NOVEMBER 15, 2022

Align your accommodation to meet the needs of everyone in the family – accessibility for seniors, creche or bunk beds for kids, etc. In related trends, booking windows are much shorter and cancellation policies continue to be very flexible across the industry. Offers for the whole family. Sustainability is not yet old news.

Hospitality 84

Hospitality OTA Travel Upsell 84

SiteMinder

NOVEMBER 30, 2023

Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. Artificial intelligence will become an accommodation recommendation tool for 68% of millennials.

Travel 52

Travel Accommodation Tourism Hotels 52

Hotelogix

OCTOBER 18, 2023

  As technology continues to reshape the hospitality landscape, the importance of an effective reservation system cannot be overstated—it's the key to unlocking efficiency and excellence in modern hotel management. This leads to better utilization of room inventory and maximizes occupancy rates.

Business 40

Business Global Distribution System Cancellation Hotels 40

SiteMinder

APRIL 17, 2024

This tool is designed to help hotels attract more attention and, subsequently, increase their booking potential by reaching a wider, more relevant audience actively looking for accommodation options. The Agoda Partner Hub is an online platform designed for accommodation providers partnered with Agoda.

Email Marketing 52

Email Marketing Market Marketing Travel 52

TravelNet

DECEMBER 13, 2022

Shelley Warsaw, partner relationship manager at TNS, sat down recently with VacayHome Connect to discuss their experiences using Track. Introduction VacayHome Connect is the leading full-service channel manager for vacation rentals. VacayHome Connect is the leading full-service channel manager for vacation rentals.

Cancellation 52

Cancellation Services Management Accommodation 52

Webrezpro

MARCH 14, 2024

Over a half of travelers who responded to a recent Expedia Group survey said they would not book non-refundable accommodation, even if it was discounted.* Flexibility is a major priority for travelers today. A flexible policy can make all the difference between someone booking your listing, or another property’s listing.

Travel 52

Travel Accommodation Cancellation Management 52

Little Hotelier

APRIL 28, 2023

What is a hotel cancellation policy? Hotel cancellation policies offer hotel guests the opportunity to cancel their booking up until a certain amount of days before check-in. Once this date has passed, the hotel might charge the guest a set cancellation fee, a percentage of the booking, or the full amount.

Cancellation 52

Cancellation Hotels Events Revenue 52

SiteMinder

DECEMBER 4, 2023

Hotel industry statistics refer to data and metrics relating to hotels and other accommodations in the industry. Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. The average cancellation rate is 20%. s accommodation industry employs about 1.6

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

SiteMinder

FEBRUARY 28, 2023

These measures may slow down the influx of guests from China to your location but 2023 still promises to herald their return, especially since China’s aircraft were still operating domestically throughout the pandemic and are hampered only by the required ramping up of staff to manage international flights.

Tourism 105

Tourism Travel Accommodation OTA 105

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Cloudbeds

JULY 27, 2023

With over 12M accommodation searches daily , Trivago continues to be a popular metasearch platform and a key component of a hotel distribution strategy. As they search for the best value, Trivago enables them to compare hotel prices across different booking channels and find the best accommodation for their needs. Who are they for? .’

Cost Per Click 52

Cost Per Click OTA Digital Marketing Accommodation 52

eZee Absolute

OCTOBER 16, 2023

The resort offers an array of luxurious accommodations, including spacious rooms with panoramic views and more than 46 private cottages ensconced within lush greenery. Gopal Kaushik, managing partner at Beach Street Eco Resort & Spa, says,” Over the past 10 years our experience with eZee has been amazing.

Resorts 52

Resorts Tourism Fair Share Operations 52

Little Hotelier

MAY 31, 2023

What is the Booking.com cancellation policy? The Booking.com cancellation policy outlines the terms and conditions that apply when a guest cancels a reservation at your hotel. It includes specifics about refund procedures, penalties, and fees associated with cancellations.

Cancellation 52

Cancellation Revenue OTA ROI 52