SiteMinder

JANUARY 30, 2023

He also added that SiteMinder’s features allowed for improved yield management , which resulted in an increase of average daily rate (ADR) for the property. Thanks Besral and keep up the great work at The Hanging Gardens of Bali!

Average Daily Rate 98

Average Daily Rate Global Distribution System Management Sales 98

Hotel Speak

FEBRUARY 26, 2024

Unplanned overbookings, front desks staffed 24/7, and marketing or finance degrees to optimize revenue will soon be a thing of the past. With travelers expected to be more price-sensitive this year, hoteliers may struggle to raise their average daily rates (ADR) and should explore new ways to hedge inflation.

Average Daily Rate 86

Average Daily Rate OTA Overbooking Travel 86

STAAH

APRIL 16, 2024

An RMS that can sync seamlessly with various channels allows hoteliers to update room rates and availability across all platforms simultaneously, minimizing the risk of overbooking and ensuring maximum exposure to potential guests.

Revenue Management 79

Revenue Management Revenue Management Forecasting 79

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

Cloudbeds

FEBRUARY 26, 2024

Unplanned overbookings, front desks staffed 24/7, and marketing or finance degrees to optimize revenue will soon be a thing of the past. With travelers expected to be more price-sensitive this year, hoteliers may struggle to raise their average daily rates (ADR) and should explore new ways to hedge inflation.

Average Daily Rate 52

Average Daily Rate OTA Overbooking Travel 52

SiteMinder

OCTOBER 10, 2023

Here’s how to get started: Understand key metrics Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Total Revenue are essential metrics included in comprehensive revenue forecast reports. The more data you can gather, the less uncertainty you’ll have and the stronger your plans will become.

Forecasting 52

Forecasting Revenue Average Daily Rate Occupancy 52

SiteMinder

SEPTEMBER 6, 2023

This allows you to maintain or even increase your average daily rate (ADR). There are several drawbacks to this approach… Preventing last minute overbookings Firstly, you may overbook your rooms. By synchronising room availability across all distribution channels, you eliminate the risk of overbooking.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98