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How decision intelligence unlocks hotel data for better insights

Cloudbeds

For years, the gold standard guiding business strategies for hotels has relied heavily on historical data, analyzed a few times a year (at best), making it difficult to swiftly respond to changing market conditions. For example, if occupancy suddenly drops, the platform sends an alert with a suggested offer and segment.

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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. Serving as intermediaries in the travel industry, bed banks enable hotels to increase occupancy without directly managing complex distribution channels.

OTA
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EBITDAR explained: Driving financial health for hotels

Cloudbeds

This makes it particularly relevant for businesses like hotels (but also restaurants, casinos, or airlines), which often face high rent expenses. Business intelligence software To improve EBITDAR, teams can use business intelligence software to collaborate, identify opportunities to reduce costs, and find ways to increase revenue.

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Hotel Business Plan

Xotels

OK, so you have decided to realize your dream and become a hotel entrepreneur, so now you need to start writing your hotel business plan. The next step would be to write a hotel business plan. But until you finish your business plan, you will not be able to get the financing either. Reach an annual occupancy of 90%”).

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13 ways to attract more direct bookings for your hotel

Cloudbeds

They’re typically made on a hotel’s website or other direct booking channels, like email, the sales team, social media , or through messaging tools like WhatsApp or Messenger. With direct bookings, lodging operators own their guest data and can pick and choose what information they collect during the booking process.

OTA
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Hotel data analytics: Full beginners guide

Little Hotelier

With the help of hotel analytics software you can crunch all this information and answer many of your most pressing business questions, identifying optimal room rates, directing marketing spend, streamlining operations, predicting future trends and more.

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Atrápalo: Extranet for hotels

SiteMinder

This article will briefly discuss why your accommodation business should be on Atrápalo, how to access the Atrápalo extranet and list on their website, and how you can increase Atrápalo bookings with SiteMinder’s smart platform. Many hotel operators wonder if Atrápalo is a reliable booking channel for their business. The answer is yes.