Catala Consulting

JULY 30, 2023

Overbooking: Though counterintuitive, it helps mitigate revenue loss due to last-minute cancellations or no-shows. Channel Management: Ensures profitable utilization of distribution channels, such as online travel agencies (OTAs), direct bookings, and travel agents.

Revenue Management 52

Revenue Management Revenue Resorts Management 52

Xotels

APRIL 3, 2024

Collaboration with other departments The Future: Total Revenue Management What is Revenue Management? Also, gone are the days of selling the majority of your rooms through OTAs. Encourage Direct Hotel Bookings Encouraging customers to book directly should be a main priority included in your revenue management strategy.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

StayNTouch

NOVEMBER 16, 2022

This can include a hotel’s website, its social media platforms, phone or email reservations, metasearch engines, or OTAs. Although hotels can 一 and should 一 diversify their income streams and realize the potential of ancillary revenue, distribution remains the cornerstone of hotel profitability and success.

OTA 52

OTA Hotels Revenue Overbooking 52