B2B Cancellation Operations 
SiteMinder
JANUARY 8, 2025
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?
Social Tables
JANUARY 27, 2021
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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SiteMinder
OCTOBER 8, 2024
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”.
Hotel Management
MAY 22, 2024
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.
Cloudbeds
JULY 15, 2023
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.
Anthony Iannarino
JULY 29, 2020
A client who continually cancels meetings, pushes dates and struggles to bring the right people into the conversation because “something came up” demonstrates what you can expect in the future. Real consequences include lost clients, missed deadlines, increased operating costs, and a loss of profits. Keep Score on Commitments Missed.
Hotel Speak
AUGUST 15, 2023
HotelRunner is among the selected partners that now offer a net CPA model, a step toward a holistic approach, accounting for cancellations and amendments, and truly embodying Cost-per-Stay where hoteliers will only pay for realized bookings. The integration stands out in the competition in so many ways but especially with its invoicing model.
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