STAAH
FEBRUARY 6, 2024
Overbooking can be a cost-effective strategy if implemented correctly. What is a hotel overbooking strategy? The hotel overbooking strategy is a revenue management technique that hotels use to maximise occupancy and revenue. Tips to make your overbooking strategy a success 1) Be data-driven in your approach.
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. While for some hoteliers it’s best to avoid overbookings altogether, for others, a good strategy can increase revenue, improve the occupancy rate and mitigate losses. What is an overbooking strategy?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Inn Quest
OCTOBER 17, 2023
Overbooking is a common problem in the hospitality industry, causing major issues for both – hoteliers and guests. Striking the perfect balance between fully booked rooms and avoiding overbooking can be a challenging task. This is why our guide discusses how to avoid overbooking in hotels. Why Do Hotel Overbookings Happen?
Little Hotelier
MAY 12, 2024
Mamori House at Koh Larn is a private Japanese-style accommodation with only five rooms available. When we first started the business, we didn’t know which channels to sell through and what to do if overbooking occurs when selling through multiple channels at the same time,” said Licha.
SiteMinder
SEPTEMBER 6, 2023
Reduced cancellation risks : The closer the booking is to the stay date, the less likely it is to be cancelled. The report states that almost 45% of travellers used a mobile app to book their accommodation and tours, while nearly 85% of travellers booked activities using their mobile device.
SiteMinder
NOVEMBER 15, 2022
Hotel overbookings can be a divisive topic. Some hoteliers love using this strategy to boost their revenue and protect their property from losing out due to last-minute cancellations. However, you can minimise the risk of having to walk travellers if you have a solid overbooking strategy. What happens when a hotel overbooks?
Little Hotelier
OCTOBER 11, 2023
Don’t overbook as a strategy Some accommodation providers deliberately overbook their rooms to anticipate cancellations. However, overbooking means that you risk double booking, which is not worth the risk. Instead of overbooking, look to your cancellation policies to make sure you don’t operate at a loss.
Expert insights. Personalized for you.
89 
Let's personalize your content