Remove B2B Remove Cancellation Remove Operations
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What is a bed bank? List of bed bank examples for hotels

SiteMinder

A bed bank is a business-to-business (B2B) travel provider that connects hotels with travel distributors, such as online travel agencies (OTAs) and tour operators. Bed banks operate by purchasing large room allotments from hotels at a discounted bulk rate. What is a bed bank? How does the concept of a bed bank work?

OTA
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Hotel Acronyms & Abbreviations: The 2025 Glossary Every Hospitality Professional Should Know

STAAH

BEO – Banquet Event Order : A document outlining the details of an event for the operations team. B2B – Business-to-Business : Sales or services provided to other businesses (e.g., GOI – Gross Operating Income : Revenue left after operating expenses. N No-Show – A guest who doesn’t arrive without cancelling.

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STAAH Product Updates You Can’t Miss – July 2025

STAAH

You can now link cancellation policies to specific payment types or gateways for greater flexibility when offering multiple payment options. Key Highlights: Link applicable payment gateways directly to cancellation policies. This ensures more flexibility and a smoother user experience during checkout. Find out more on their website.

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7 of the Top Event Planning Conferences in 2021

Social Tables

Many event planning conferences were canceled or postponed, and most of those that weren’t took place virtually. Professionals who attend include: Officiants Venues Planners DJs/MCs Caterers Confectioners Bakers Photographers Florists Designers Videographers Gown shops Photo booth operators Beauty/makeup professionals More 5.

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MaxiRoom – Hotelbeds extranet: How does it work for hotels?

SiteMinder

The wholesaler offers a range of features that helps users capitalise on Hotelbeds’ global network of B2B markets. Hotelbeds is a Spain-based, B2B-focused wholesale travel platform that provides a range of B2B travel solutions. Hotelbeds is owned by the HBX Group, which calls itself “The leading B2B TravelTech ecosystem player”.

B2B
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Exclusive: Expedia’s lodging lead points to upswing in Asia travel as India’s growing middle-class explores

Hotel Management

The number one thing that we hear from hotels, particularly in a post-Covid environment, is that cost of operating a hotel has gone up, therefore, there’s pressure on the bottom line. The cost of operating a hotel has gone up and that has resulted in hotels putting up prices. Number two is the cost of talent has gone up.

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What is a channel manager? All you need to know

Cloudbeds

The same happens with a cancellation. It then pushes ARI updates to that channel and, for two-way sync, it imports reservations/cancellations into your Channel Manager, PMS, and/or CRS dashboard. In the case of one-way sync, reservations or cancellations will not be imported.