Inn Quest

AUGUST 8, 2023

Competitive Advantage: In the highly competitive hospitality industry, implementing seasonal pricing provides hotels with a competitive edge. During peak seasons, when rooms are in high demand, higher rates can help control the rate of bookings, preventing overbooking scenarios.

Overbooking 88

Overbooking Hotels Occupancy Revenue 88

Inn Quest

OCTOBER 3, 2023

The hospitality industry is a highly dynamic field, and hotels are constantly looking for ways to improve the client experience and streamline their processes. Multiple Payment Options: These solutions can accommodate various payment methods, making it easier for hotels to cater to guests’ diverse preferences.

Overbooking 88

Overbooking Hotels Marketing Strategy Revenue Management 88

Cloudbeds

APRIL 30, 2024

A question that likely keeps you up at night is, ‘How can I boost revenue per available room (RevPAR) and outpace my competitors?’ It’s the bedrock of hotel revenue management , and for good reason. Fast-forward several years, and the arrival of the pandemic once again upended the hospitality industry’s playbook.

Revenue Management 52

Revenue Management Revenue Occupancy Hotels 52

Little Hotelier

MARCH 10, 2024

Hotel sales software is a specialised tool designed for the hospitality industry to manage and optimise sales activities. It centralises information on bookings, customer interactions, and revenue streams, allowing hoteliers to efficiently track performance and make informed decisions. What is hotel sales software?

Hotel Sales 52

Hotel Sales Sales Revenue Management Revenue 52

Hotelogix

FEBRUARY 13, 2024

  Online distribution Managing online distribution across various channels (OTAs, direct bookings, GDS) without an integrated system is arduous in today's digital age. Plus, it leads to complexities such as rate parity/inventory disparity, overbookings, and guest dissatisfaction. 

Management 59

Management Hotels Revenue Management Occupancy 59

Cloudbeds

JUNE 8, 2023

As the hospitality industry becomes more complex, the role of technology to help streamline operations and automate processes becomes increasingly important. According to the Bureau of Labor Statistics Job Openings and Labor Turnover report , the hospitality industry has the highest turnover rate of any sector at 86.3%.

Management 98

Management Hotels Revenue Digital Marketing 98

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. In this guide for hospitality professionals, you’ll learn all about Channel Managers, from how they work to what makes great software for your business specifically.

Management 76

Management OTA Cancellation Overbooking 76

SiteMinder

NOVEMBER 30, 2023

Travel technology comprises digital tools and platforms aimed at streamlining operations and enhancing guest experiences in the travel and hospitality sectors. It encompasses advanced booking engines, property management systems, customer relationship management (CRM) software, AI-driven chatbots, and more.

Travel 52

Travel Hotels Services OTA 52

Hotel Operations

FEBRUARY 12, 2023

1: Organizational structure “Traditional hospitality industry has a very hierarchical approach. Its values are clashing with the hierarchical approach the traditional hospitality industry has. In hospitality, we’re creating revenue and an ROI per square meter for the property owner. It’s so outdated.

Operations 52

Operations Real Estate Hotels Revenue 52