Inn Quest

AUGUST 8, 2023

In other words, it is a form of dynamic pricing where businesses vary the prices based on the changes in demand and real-time market conditions. Offering competitive rates during off-peak seasons allows hotels to remain active in the market and attract guests even when other competitors might be struggling to maintain occupancy.

Overbooking 88

Overbooking Hotels Occupancy Revenue 88

Little Hotelier

DECEMBER 4, 2023

Restaurants, dive shops, community markets, and other shops are also easily accessible. While managing a small number of rooms may seem straightforward, advertising and selling on multiple channels can be challenging and lead to overbookings. human error is greatly reduced.” Technology has definitely made our lives much easier.

Email Marketing 52

Email Marketing Accommodation OTA Shopping 52

SiteMinder

NOVEMBER 30, 2023

What is travel technology? Travel technology comprises digital tools and platforms aimed at streamlining operations and enhancing guest experiences in the travel and hospitality sectors. Here’s how travel technology is changing the industry and the possible implications, negative and positive, for hotels.

Travel 52

Travel Hotels Services OTA 52

Little Hotelier

FEBRUARY 5, 2024

This feature helps streamline the booking process, reducing the risk of overbooking and ensuring a smooth check-in experience for guests. Automate your property's operations Use Little Hotelier’s software to manage reservations, guest communications and marketing to drive bookings with minimal hassle.

Management 59

Management Overbooking OTA Accommodation 59

Catala Consulting

MAY 17, 2024

Enhancing Occupancy Rates through Efficient Management Managing Overbookings and Walk-Ins Reception staff play a critical role in managing overbookings and walk-ins, which are common in the hotel industry. Cross-selling requires a good understanding of guest needs and the ability to match them with suitable offerings.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

SiteMinder

FEBRUARY 29, 2024

HotelsCombined is a hotel metasearch engine that aggregates hotel prices and availability from numerous online travel agencies (OTAs), hotel chains, and independent hotels, presenting users with a comprehensive overview of their options. What is HotelsCombined? This feature aids in building trust and legitimacy among its user base.

OTA 52

OTA Travel Overbooking Management 52

Little Hotelier

OCTOBER 11, 2023

For hoteliers, peak travel season is all about making hay while the sun shines. By positioning yourself as the first choice for your target guest, you can charge a higher rates for your rooms – which guests will be more willing to pay given they are competing against so many other travellers.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

Xotels

APRIL 3, 2024

This is done by thoroughly understanding your property, its customers, and the market. Understand your Hotel´s Market The success of your revenue management strategy depends on how well you understand your market. This is one of the first steps when creating a revenue management strategy, performing thorough market research.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Cloudbeds

APRIL 23, 2024

In the hospitality industry, RFPs are usually sent to hotels by event planners, corporate travel managers, tournament organizers, travel management companies, or production companies. These RFPs contain detailed specifications of what the customer seeks in terms of hotel services and accommodations. PMS integration.

Business 52

Business Events Hotels Sales 52

eZee Absolute

OCTOBER 16, 2023

This eco-friendly haven has been a tranquil retreat for travelers seeking a perfect blend of serenity and comfort. The resort offers an array of luxurious accommodations, including spacious rooms with panoramic views and more than 46 private cottages ensconced within lush greenery. Since then, their journey has been uphill.

Resorts 52

Resorts Tourism Fair Share Operations 52

SiteMinder

OCTOBER 20, 2022

In its early days around 2007, Airbnb appeared to be positioned in a niche for budget-conscious travellers, who did not mind sharing their accommodation with their hosts. Say hello to digital nomads or travellers who also work. What are the benefits of listing your hotel on Airbnb? Check your inbox, we've sent you an email.

Average Length of Stay 52

Average Length of Stay Hotels Accommodation Management 52

Cloudbeds

APRIL 30, 2024

Room price optimization is a catch-all term for the process of adjusting your prices in real-time based on various factors such as market demand and supply, competitor pricing, historical data, customer behavior, and market trends. If you can offer better value at a similar price to your compset, you’ll likely attract more bookings.

Revenue Management 52

Revenue Management Revenue Occupancy Hotels 52

Social Tables

SEPTEMBER 21, 2023

You shouldn’t have to change up your entire business to accommodate events if you utilize restaurant spaces well. In this section, we explore both, examine the pros and cons of each, and discuss how restaurant event spaces can accommodate diverse functions. How many guests can you accommodate? When do you have availability?

Events 88

Events Dining Services Accommodation 88

SiteMinder

OCTOBER 23, 2023

First and foremost it will help you simultaneously distribute your rooms across online travel agents, travel agents, tourist centres, and anyone else who books rooms on behalf of guests. Its primary function is to ensure real-time updates across these channels, preventing overbookings and rate discrepancies.

Management 59

Management Global Distribution System Hotels Overbooking 59

SiteMinder

MARCH 16, 2023

Any kind of hotel booking reservation system should easily integrate with the accommodation provider’s existing technology infrastructure. It is the easiest way to increase productivity when you manage a hotel or any other type of accommodation. Generally, there are 2 major types of hotel booking reservation systems: 1.

Overbooking 52

Overbooking Hotels Accommodation Global Distribution System 52

Cloudbeds

JULY 15, 2023

After all, travelers can’t book a property they don’t find! And even then, manually-managed distribution is risky: any delays in updating rates and availability on a channel’s extranet could mean selling a room that isn’t available or selling at a lower rate, which can lead to overbooking and sub-optimal yield management.

Management 76

Management OTA Cancellation Overbooking 76

Clock Software Hospitality

NOVEMBER 24, 2020

Independent hotels have seen significant growth since online travel agencies transformed the hospitality market place. Independent hotels are the response to a growing demand for boutique hotels on the part of Millennial travellers.

Upsell 52

Upsell Hotels Accommodation Events 52

SiteMinder

NOVEMBER 20, 2023

This tool offers a full two-way sync of rates, content, and availability, allowing hoteliers to manage their listings across various online travel agencies (OTAs) efficiently. One of the unique aspects of Eviivo is its emphasis on independent properties, catering to a wide range of accommodations from B&Bs to student lodgings.

OTA 59

OTA Revenue Management Overbooking 59

SiteMinder

SEPTEMBER 6, 2023

Direct bookings are the lifeblood of your business , offering a pathway to profitability that sidesteps the commissions paid to online travel agents. This global reach can significantly expand your customer base, making your hotel a go-to choice for travellers worldwide. But it’s not just about the bottom line.

Hotels 98

Hotels Revenue Occupancy Services 98

SiteMinder

SEPTEMBER 13, 2022

Modern hotels are set up to welcome a wide variety of guests, from couples to families, business travellers and groups. A hotel room type describes the accommodation on offer at a hotel and helps guests understand exactly what they’re booking when planning a stay at a hotel. It’s meant to accommodate two to four people.

Hotels 72

Hotels Accommodation Occupancy Management 72

Little Hotelier

MARCH 10, 2024

By providing real-time data and analytics, it helps hotels understand market trends and customer preferences, aiding in the development of targeted sales strategies. Manage your hotel sales with the best software in the market Use Little Hotelier’s revenue management features to manage your hotel sales and boost hotel bookings.

Hotel Sales 52

Hotel Sales Sales Revenue Management Revenue 52

Cloudbeds

JUNE 8, 2023

This year, more properties will invest in technology to help create new revenue opportunities, build better websites , manage marketing campaigns, automate services, and improve the guest experience. If you were to invest that 15 minutes (or $47.82) into marketing or technology that earned a new booking, you’d nearly quadruple your money.

Management 98

Management Hotels Revenue Digital Marketing 98

Hotelogix

OCTOBER 18, 2023

What is a Hotel Reservation System A Hotel Reservation System is a software solution designed to facilitate and manage booking accommodations and other guest-related services at your hotel.  This prevents overbookings, eliminates misunderstandings, and ensures that guests receive precise information when making reservations.

Business 40

Business Global Distribution System Cancellation Hotels 40

SiteMinder

AUGUST 29, 2023

Hotel operating costs Hotel operating costs encompass a wide array of expenses, from staff salaries, utility bills, and maintenance to marketing, guest amenities, and food & beverage supplies. Reduce your hotel’s marketing costs Paid promotion isn’t always guaranteed to garner more results.

Revenue 52

Revenue Hotels OTA Operations 52

Hotel Operations

FEBRUARY 12, 2023

“We do little studio apartments, which are a little bit bigger and have a kitchen, which gives us a wider market to target. We don’t only serve overnight hotel guests, but also what we call mid-stay or temporary housing markets we can tap into. We looked at what we appreciated ourselves as frequent travelers. “We

Operations 52

Operations Real Estate Hotels Revenue 52