STAAH

AUGUST 6, 2024

Have you ever wondered how travel agents can instantly find the perfect hotel for a last-minute business trip or secure the best rates for a corporate client? The answer lies in the use by over 600,000 Travel Agents of one of the 4 Global Distribution Systems (GDS) – Sabre, Galileo, Amadeus or Worldspan.

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Global Distribution System Travel Business Services 114

SiteMinder

AUGUST 1, 2024

What is a hotel business plan? A hotel business plan is a comprehensive document that outlines your hotel’s goals, strategies, and financial projections. It’s a vital tool for any hotel owner or operator, whether you’re starting a new hotel, expanding an existing business, or improving your current operations.

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Business Revenue Hotels Occupancy 95

STAAH

JANUARY 2, 2024

Find out more on STAAH Channel Manager here Online Travel Agents (OTAs): Your online distribution strategy cannot ignore this channel. Working with multiple online travel agents (OTAs) is crucial for increasing digital distribution and overall occupancy. allowing hotels to make informed decisions on pricing and promotions.

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Global Distribution System OTA Hotels Accommodation 104

STAAH

FEBRUARY 7, 2023

As the markets have opened up and travel continues to rise, Hoteliers should not ignore this important market segment – Corporate clients to maximize occupancy and revenue. In the hotel industry, corporate clients can represent a significant source of revenue, as they often book rooms for business travel, conferences, and other events.

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Global Distribution System Digital Marketing Events Hotels 95

Hotelogix

AUGUST 31, 2024

A Global Distribution System (GDS) is a computerized network used by travel agents, online travel agencies, and corporate travel managers to book travel services like hotel rooms, airline tickets, car rentals, and more. Why is a Global Distribution System Important in the Hotel Industry?

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Global Distribution System OTA Occupancy Hotels 40

STAAH

APRIL 16, 2024

Integration with Distribution Channels: Seamless integration with distribution channels such as online travel agents (OTAs) , global distribution system (GDS) , and direct booking channels is essential for efficient inventory management and distribution.

Revenue Management 108

Revenue Management Revenue Management Forecasting 108

SiteMinder

DECEMBER 20, 2023

What is a hotel business? A hotel business is simply an establishment that offers guests a place to stay. No matter which definition you use, the ultimate goal of all hotel businesses is the same: to attract more guests, fill more rooms, and maximise the value of every booking. Here’s a basic list to get you started.

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Business Hotels Management Revenue 59

Hotel Business

NOVEMBER 10, 2023

year-over-year (YOY) and supply increased 0.5%, which led to a 1% drop in occupancy for the period. RevPAR decreased 0.3%, as the modest occupancy decline was partially offset by the rise in ADR. Occupancy rates for all location types were below 2019 levels in Q3. Global distribution system (GDS) demand grew the most at 6.3%.

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Global Distribution System Occupancy OTA Consumer 59

Amadeus Hospitality

MAY 29, 2023

In addition to driving demand with business intelligence, Quest also recently renewed its Travel Seller Media campaign with Amadeus for 2023, to run ads and increase bookings through the GDS channel. These contemporary spaces are carefully designed to meet the needs of Quest’s core market: the modern business traveller.

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Business Global Distribution System Travel General Manager 52

Amadeus Hospitality

DECEMBER 21, 2023

Large-scale sporting events such as France’s Rugby World Cup substantially impacted hotel occupancies. Throughout it all, we’ve kept pace with the evolutions of an industry where hotel occupancies outperformed 2022 , group business in the top 25 U.S. markets has already recovered by 99.1% markets has already recovered by 99.1%

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Travel Occupancy Average Daily Rate Global Distribution System 97

SiteMinder

JUNE 26, 2024

Revenue optimization in hotels is a comprehensive strategy that accounts for all revenue streams and uses data to enhance the overall revenue performance of the business. It’s a holistic process that hotels can use to effectively manage pricing, inventory, distribution, customer demand, and more to promote revenue growth.

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Revenue Revenue Management Upsell Global Distribution System 72

SiteMinder

JANUARY 14, 2025

Apollo is a global distribution system (GDS) vendor which allows travel agents to access and book inventory from hotels, airlines, car hires, and more. The corporate travel market can be a particularly valuable one to tap into, as it can be less price sensitive and can significantly boost mid-week and low season occupancy rates.

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Global Distribution System Upsell Hotels Travel 52

SiteMinder

DECEMBER 22, 2022

It’s been SiteMinder’s mission to provide valuable resources to all properties, so they can be better equipped to tackle any adversity and learn how to fulfil the potential of their business. Now, onto the podium… Our top three most viewed blogs in 2022 were: What is a global distribution system (GDS) and is it right for your hotel?

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Global Distribution System Revenue Revenue Management Hotels 59

Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. Hotels have worked with third parties such as airlines, travel agents, online travel agents (OTAs) and the Global Distribution System (GDS) for decades.

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OTA Hotels Revenue Market 101

Boutique Hotel News

MARCH 3, 2023

million in 2021 to $135 million in 2022, RevPAR grew 11 per cent from the previous year’s fourth quarter to $158, and occupancy stabilised relatively at 83 per cent. Sonder went public last January via a business combination with special purpose acquisition company [SPAC] Gores Metropoulos II, when it was valued in the region of $1.9

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Global Distribution System Occupancy Closing Travel 52

Hotelogix

AUGUST 27, 2024

This means using a mix of online and offline channels, like Online Travel Agents (OTAs), meta-search engines, direct bookings, reviews, Global Distribution Systems (GDS), and more.   What is a Distribution Channel in the Hotel Industry? Hotel distribution channels are the different ways hotels sell rooms to guests.

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Global Distribution System OTA Revenue Cost Per Click 52

Inn Quest

SEPTEMBER 5, 2023

Use a Channel Manager: A channel manager ensures that your room availability and rates are consistent across various online booking channels, including your website, OTAs (Online Travel Agencies), and GDS (Global Distribution Systems). This prevents overbooking and rate disparities, enhancing the guest experience.

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Management Overbooking Revenue Hotels 87

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. This kind of data is invaluable for hoteliers who want to analyse performance, benchmark, forecast, and plan strategically to ensure business success. Hotel occupancy will increase 2.5%

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Occupancy Hotels Revenue Average Length of Stay 59

Hotelogix

OCTOBER 18, 2023

  As technology continues to reshape the hospitality landscape, the importance of an effective reservation system cannot be overstated—it's the key to unlocking efficiency and excellence in modern hotel management. This leads to better utilization of room inventory and maximizes occupancy rates.

Business 40

Business Global Distribution System Cancellation Hotels 40

SiteMinder

AUGUST 11, 2024

High-quality, reliable data is critical for producing optimal outputs,” says Aita, who is also the Vice President of Business Development at HyperGuest. “If If current systems are getting data that’s subpar or insufficient, they won’t be able to generate optimal results.”

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Revenue Management Revenue Management Forecasting 84

Amadeus Hospitality

DECEMBER 14, 2022

Similarly, Amadeus’ Agency360 data demonstrates that hotel room nights booked on global distribution systems (GDSs) for corporate travel have also increased during 2022 and are rapidly closing in on pre-pandemic rates. Read the full article on Travolution.

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Global Distribution System Scale Travel Business 52

Amadeus Hospitality

SEPTEMBER 13, 2023

Originally published to Amadeus Insights By: Mirja Sickel, Vice President, Hospitality Distribution, Amadeus 2023 is proving to be an exciting year for travel sellers. Demand for trips remains strong as indicated by Amadeus Demand360 ® data, which shows that global hotel occupancies this year have largely been on par with pre-pandemic levels.

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Travel Global Distribution System Display Ads Retail 59

Inn Quest

AUGUST 15, 2023

A hotel channel manager is a software tool used in the hospitality industry to manage and synchronize online distribution channels. In short, it primarily streamlines the distribution of room inventory, rates and availability across multiple channels, ensuring consistency and increasing bookings.

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Management Global Distribution System Overbooking OTA 52

Hotelogix

JULY 11, 2024

By leveraging data and market insights, revenue management allows you to make informed and data-driven decisions to drive sales, occupancy, profitability, and sustainable growth. Whether a special package for business travelers or exclusive family perks, you need to offer what your guests want from you.

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Revenue Management Revenue Management Hotels 52

Little Hotelier

OCTOBER 30, 2024

Look for affordable options that align with your budget, while still providing the key integrations that will help grow your business. This can boost guest loyalty and repeat business. Implementing CRM integration usually involves syncing your PMS with a dedicated CRM system to ensure guest data is automatically updated.

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OTA Motels Upsell Overbooking 59

Cloudbeds

FEBRUARY 28, 2024

The information is then populated into the PMS and distributed to the hotel’s booking channels with the help of channel management software. These channels may include the hotel’s website booking engine, online travel agencies (OTAs), the global distribution system (GDS), wholesalers, and metasearch sites.

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Revenue Management Hotels Revenue Operations 98

Cloudbeds

APRIL 2, 2024

The number of booking channels lodging businesses must manage has expanded exponentially, from their website to online travel agencies , bed banks, GDS’, and metasearch engines. The most effective distribution strategies in the hospitality industry are dynamic. room types, maximum occupancy, stay restrictions, etc.), Busy Rooms.

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Revenue Management Occupancy Revenue Hotels 52

Hotelogix

OCTOBER 4, 2024

Optimize Pricing: Some channel managers offer dynamic pricing tools to help you adjust rates based on demand, occupancy, and market conditions. Improve Occupancy Rates: If you’re focused on filling more rooms, choose a channel manager that offers real-time updates and dynamic pricing tools. Additionally, consider scalability.

OTA 52

OTA Management Overbooking Revenue 52

Hotelogix

OCTOBER 24, 2024

A Central Reservation System (CRS)  helps hotels manage room availability, pricing, and bookings from different channels. These channels include Online Travel Agencies (OTAs) like Booking.com, direct bookings through the hotel’s website, and Global Distribution Systems (GDS).

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OTA Revenue Hotels Global Distribution System 52

eZee Absolute

OCTOBER 24, 2024

Simply put, hotel distribution refers to the process by which hotels make their rooms, rates, and inventory available to potential guests. It’s a critical aspect of a hotel’s operations, as the effectiveness of this distribution directly impacts visibility, occupancy rates, and overall revenue.

Hotels 59

Hotels Revenue Management Overbooking Revenue 59

eZee Absolute

FEBRUARY 27, 2024

Hotel Katra Residency, amidst this busy landscape, faced a dual challenge: maximising online visibility and standing out in a crowded market. This streamlined approach minimized the risk of overbooking or underbooking, ensuring optimal occupancy rates year-round.

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Overbooking Global Distribution System Hotels Management 52

Amadeus Hospitality

SEPTEMBER 6, 2023

Originally pubilshed on PhocusWire Positive momentum continues for the travel industry as global hotel occupancies rapidly return to 2019 levels, with many key destinations having already surpassed pre-pandemic performance this year, according to Amadeus’ Demand360 ® data.

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Average Daily Rate Global Distribution System Hotels Online Marketing 52

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. In this guide for hospitality professionals, you’ll learn all about Channel Managers, from how they work to what makes great software for your business specifically. What is a channel manager?

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Management OTA Cancellation Overbooking 76

Amadeus Hospitality

JUNE 15, 2023

As this tribe tends to work with travel advisors or travel agents when booking travel, DMOs can reach this segment by advertising on global distribution systems (GDSs), travel agents’ preferred booking channel.

Travel 52

Travel Global Distribution System Tourism Display Ads 52

SiteMinder

JANUARY 8, 2024

Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Even if you don’t have the luxury of hiring a full team of staff, it’s not impossible to run a successful small hotel business. What is hotel management?

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Operations Management OTA Hotels 59

SiteMinder

MARCH 16, 2023

Table of contents Types of Hotel Room Reservation Systems There are different types of reservation systems in the hospitality industry primarily based on property type, hotel preferences, and business needs. Generally, there are 2 major types of hotel booking reservation systems: 1. Start your 30-day free trial today.

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Overbooking Hotels Accommodation Global Distribution System 52

Fuel Travel

JULY 11, 2024

This decreases your overall number of third-party bookings and your reliance on OTAs to drive occupancy. This allows you to optimize rates and sell relevant deals to boost revenue and occupancy. Why it matters: Efficient channel management maximizes occupancy and revenue.

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