Hotelogix

APRIL 4, 2025

Keep them coming back for easier and cheaper occupancy boosts. 👉 Read Also - Master Hotel Overbooking: Strategies That Work Hold onto your room keys, because the average consumer is reading a whopping 10 reviews before they trust a business. Their perception becomes the story they tell about your hotel.

Revenue 52

Revenue Hotels OTA Services 52

Hotelogix

JANUARY 12, 2025

Website: Your Digital Storefront Your hotel’s website is the first step in building your brand’s presence. Avoid overbooking by ensuring availability updates are instant. It’s where guests learn about your property, explore rooms, and understand why they should choose you.

OTA 52

OTA Hotels Travel Services 52

Hotelogix

APRIL 16, 2025

Meanwhile, nationwide hotel occupancy reached 67.5% 👉 Read Also - Motel vs. A cloud-based PMS not only streamlines front desk operations but also integrates seamlessly with tools like a channel manager to ensure real-time room availability across OTAs, reducing overbookings and manual errors.

Management 52

Management Revenue Management Revenue Average Daily Rate 52

SiteMinder

MARCH 16, 2025

With occupancy rates projected to increase by 2.5% In a highly competitive industry, even small improvements in service quality can lead to higher occupancy rates and repeat bookings. Channel management software Ensures room availability and pricing are synced across all booking platforms, reducing overbookings.

Operations 52

Operations Management General Manager Hotels 52

STAAH

FEBRUARY 6, 2024

Overbooking can be a cost-effective strategy if implemented correctly. What is a hotel overbooking strategy? The hotel overbooking strategy is a revenue management technique that hotels use to maximise occupancy and revenue. Tips to make your overbooking strategy a success 1) Be data-driven in your approach.

Overbooking 105

Overbooking Cancellation Upsell Revenue 105

Hotelogix

NOVEMBER 13, 2023

The hospitality industry is well acquainted with the concept of hotel overbooking. When refusing customers becomes inevitable due to overbooking, it leads to poor customer experience and a negative brand image. This is possible because all available rooms are booked to ensure full occupancy at all times.

Overbooking 59

Overbooking Cancellation Revenue Occupancy 59

SiteMinder

NOVEMBER 15, 2022

Hotel overbookings can be a divisive topic. However, you can minimise the risk of having to walk travellers if you have a solid overbooking strategy. However, you can minimise the risk of having to walk travellers if you have a solid overbooking strategy. What is the definition of overbooking for a hotel?

Overbooking 52

Overbooking Cancellation Occupancy Closing 52

SiteMinder

MARCH 20, 2024

We had to navigate through the extranets of each channel, often leading to overbooking or missed revenue opportunities,” she explained. Leveraging SiteMinder’s insights and pricing tools, the hotel swiftly adapted its strategies to capitalise on emerging opportunities, resulting in enhanced revenue and occupancy rates.

Revenue 98

Revenue Branding Overbooking Operations 98

STAAH

JUNE 11, 2024

This also helps foster brand loyalty. Channel management: Use a channel manager to synchronise availability and rates across all distribution channels, reducing the risk of overbooking and ensuring rate parity. Participate in OTA promotions selectively, targeting periods of low occupancy or launching new offerings.

OTA 111

OTA Shopping Occupancy Overbooking 111

Hotel Speak

AUGUST 13, 2024

Therefore, ensuring it’s easy for guests to book, whether direct or through third parties, is paramount to fulfilling a successful occupancy strategy and higher Average Daily Rate (ADR) goal. Niche channels can be particularly effective in this regard, leveraging lifestyle choices and brand affinities to attract specific guest segments.

Revenue 104

Revenue Sales OTA Average Daily Rate 104

Inn Quest

AUGUST 8, 2023

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. During peak seasons, when rooms are in high demand, higher rates can help control the rate of bookings, preventing overbooking scenarios.

Hotels 88

Hotels Overbooking Occupancy Revenue 88

Hotelogix

MAY 1, 2025

drop in occupancy nationwide. 👉 Read Also - ChatGPT for Hotels: Boost Direct Bookings & Reduce Costs Operationally, it’s critical that PMS integrations and channel managers are synced in real-time to prevent overbookings. Will it hurt my brand to use bidding sites? 👉 Read Also - Managing a Hotel?

Occupancy 45

Occupancy OTA Average Daily Rate Overbooking 45

STAAH

NOVEMBER 8, 2022

What’s significantly different from 2018-19 is the reliance on brand,” says Kamal. One of the rising innovations taking off in hotel revenue management is the growing sophistication of overbooking controls, which provides hotels control over excess bookings and cancellations to fly as close as possible to 100 percent occupancy consistently.

Revenue Management 98

Revenue Management Revenue Management Forecasting 98

Fuel Travel

JULY 11, 2024

It also prevents overbooking and keeps everything in sync, allowing guests to tailor their stay preferences and enhance their experience. A secure, seamless connection ensures that this data is shared in real time, preventing overbooking and cancellations. This integration ensures consistent availability and prevents overbooking.

Upsell 52

Upsell Overbooking Hotels OTA 52

Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. Once the playground of OTAs, airlines and large international hotel brands, metasearch is open to all hotels, providing a powerful price comparison to help drive direct hotel bookings.

OTA 101

OTA Hotels Revenue Market 101

Inn Quest

SEPTEMBER 12, 2023

Successful management in each of these areas contributes to a positive guest experience, a strong brand reputation and the hotel’s overall profitability and sustainability in a competitive industry. Effective revenue management is crucial to optimize room rates, occupancy levels, and overall revenue.

Operations 88

Operations Management Revenue Revenue Management 88

SiteMinder

JUNE 26, 2024

Hotel revenue optimization ensures that a property or brand is maximizing its profits from all available resources and opportunities. Here are some of the key benefits: Increased profitability: By setting the right room rates and managing inventory effectively, hotels can maximize their revenue without necessarily sacrificing occupancy rates.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

StayNTouch

JUNE 1, 2022

While Stayntouch PMS always contained a limited level of multi-property functionality, these latest updates allow hoteliers to manage their brands at the chain level, while allowing for additional insights into loyal guests who visit multiple properties in a single brand. Q: Why Did Stayntouch Upgrade its Multi-Property Functionality?

Operations 52

Operations Hotels Scale Occupancy 52

Hotelogix

OCTOBER 24, 2024

It analyses several factors including demand, season, occupancy forecast, and competitor pricing, etc. This would lead to overbooking and double booking. Booking Engine A hotel booking engine helps you sell your hotel rooms and accept reservations via your brand website. This too, helps you avoid overbooking and double booking.

OTA 52

OTA Management Overbooking Cancellation 52

SiteMinder

SEPTEMBER 13, 2022

Hotel rooms by occupancy. A single room is designed for one occupant and has one bed – generally a double or queen bed. Your hotel and brand. The physical layout of your hotel, location, amenities and brand personality should help guide your choices. Thanks for subscribing to the SiteMinder industry newsletter.

Hotels 72

Hotels Accommodation Occupancy Management 72

Cloudbeds

APRIL 8, 2024

Many hoteliers question if it’s worthwhile investing in a direct booking strategy or if they can solely rely on online travel agencies (OTAs) like Airbnb, Booking.com, or Trip.com to fill occupancy. With the Cloudbeds Booking Engine, your PMS and Channel Manager are automatically updated to prevent overbookings.

OTA 98

OTA Average Length of Stay Upsell Revenue 98

Hotelogix

MAY 1, 2025

Integrating your booking engine with a cloud-based PMS ensures real-time updates in availability and pricing across all channels, preventing overbookings and rate mismatches. Recent studies show that hotels implementing dynamic pricing strategies achieve higher occupancy rates compared to those with static pricing models.

OTA 52

OTA Hotels Occupancy Overbooking 52

Hotel Speak

JULY 4, 2023

They can work with a hotel channel manager to ensure real-time distribution of rates and inventories across OTAs for better visibility, more sales, and zero overbookings. It ultimately increases their profitability by maximising revenue and occupancy. to offer them personalised experiences.

Hotels 52

Hotels Revenue Revenue Management Occupancy 52

Hotelogix

FEBRUARY 13, 2024

Plus, it leads to complexities such as rate parity/inventory disparity, overbookings, and guest dissatisfaction.  Without the right insights, it becomes tough to develop a marketing strategy to attract guests from all segments for more sales, occupancy, and revenue - leisure, family, corporates, large groups, etc. 

Management 59

Management Hotels Revenue Management Revenue 59

SiteMinder

MARCH 16, 2023

Benefits of Reservation System for Hotels A hotel reservation system software is the helping hand you need to keep your occupancy up, even during the slow times and make sure everything is running smoothly. The risk of overbooking rooms is massively reduced, which significantly improves the smoothness of your hotel operations.

Overbooking 52

Overbooking Hotels Accommodation Global Distribution System 52

SiteMinder

JANUARY 14, 2025

Apollo GDS history Like other major GDS brands , such as Sabre and Amadeus , Apollo was established by United Airlines in 1971 as an early computerised airline booking system. The simple SiteMinder GDS user experience reduces the risk of overbooking and simplifies reservation management for hotels. Is Apollo GDS part of Travelport?

Global Distribution System 52

Global Distribution System Upsell Hotels Travel 52

Xotels

APRIL 3, 2024

Ultimately, prioritising achieving a fair share of direct sales empowers hotels to establish stronger control over guest data to increase profitability, and maintain autonomy over their brand image and customer experience. 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

Hotelogix

AUGUST 27, 2024

While this offers new opportunities for your hotel, it also challenges you to cut distribution costs while expanding your brand in a highly competitive market. They handle bookings and often increase your occupancy rates by giving your hotel more exposure. Today’s digital travelers have many booking options.

Global Distribution System 52

Global Distribution System OTA Revenue Cost Per Click 52

Cloudbeds

APRIL 2, 2024

room types, maximum occupancy, stay restrictions, etc.), The RMS will pull reservation data from the CRS to update occupancy and optimize room rates based on the hotel’s dynamic pricing strategy. For example, the higher occupancy during those two weeks might trigger rate increases for the remaining room inventory. Sabre SynXis.

Revenue Management 52

Revenue Management Occupancy Revenue Hotels 52

eZee Absolute

FEBRUARY 7, 2024

Maintaining rate parity, real-time inventory, handling overbookings and under-bookings, and whatnot! A great booking experience is the beginning of the guest’s lasting relationship with your brand. You may be already getting bookings from third-party online distribution channels, or walk-ins or from some other sources.

Upsell 59

Upsell Hotels Overbooking Revenue 59

StayNTouch

NOVEMBER 16, 2022

It’s critical to integrate your PMS and booking engine with a channel manager so that you can efficiently manage distribution through multiple OTAs, gain valuable data on channel profitability, and prevent overbookings. While PPC is generally more cost-effective, PPM is better for raising brand awareness.

OTA 52

OTA Hotels Revenue Overbooking 52

SiteMinder

JANUARY 16, 2024

Table of contents Unlocking guest experience and the switch to SiteMinder SiteMinder recently spoke with Erika Tedesco , Consultant at Chalet Hôtel Alp’Azur , exploring the brand’s benefits derived from collaborating with a leading hotel commerce platform in the industry. The increase in reservations is remarkable,” said Jeremy.

Revenue 52

Revenue Overbooking Online Sales Management 52

SiteMinder

JANUARY 16, 2024

Table of contents Unlocking guest experience and the switch to SiteMinder SiteMinder recently spoke with Jeremy Tedesco , Consultant at Chalet Hôtel Alp’Azur , exploring the brand’s benefits derived from collaborating with a leading hotel commerce platform in the industry. The increase in reservations is remarkable,” said Jeremy.

Revenue 52

Revenue Overbooking Online Sales Management 52

Little Hotelier

JULY 16, 2024

This means managing supply and demand to hit your desired occupancy rate while also maximising the revenue returns for your business. Think about what a healthy occupancy rate will look like for you, and also how much revenue and profit you want to aim for. The main priority was to eliminate overbooking. Things are much better.

Management 52

Management Hotels Revenue OTA 52

MediaBoom

MARCH 14, 2024

Marketing strategies in the hotel sector are designed to enhance brand visibility and broaden reach. Elevate Your Luxury Brand Today Schedule Your Free Consultation Seeking to elevate your luxury business? This specialized niche leverages a multitude of tools aimed at increasing reservations and visitor counts. Let Mediaboom guide you.

Digital Marketing 85

Digital Marketing Services Market Marketing 85

Little Hotelier

AUGUST 1, 2023

The company’s portfolio includes other well-known brands such as Booking.com, Agoda, Kayak, and Rentalcars.com. Priceline’s ‘Express Deals’ is another feature that can help increase your hotel’s occupancy. Who owns Priceline? Priceline is owned by Booking Holdings Inc.,

Hotels 52

Hotels OTA Travel Overbooking 52

Hotelogix

NOVEMBER 30, 2023

That's why it becomes extremely important for you to pay attention to your brand's online reputation and score. You can charge higher when demand is high and lower when demand is low to keep your hotel at maximum occupancy. It refers to forecasting demand based on industry trends, current bookings, and past data.

OTA 59

OTA Hotels Online Sales Market 59