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Hotel gift vouchers are a formidable strategy to amplify revenue streams and grow guest loyalty. Unlike any other monetary gift card, they can be tied into particular hotel services, enhancing revenue streams. Additional revenue stream, with the money clipped in even before the service is rendered. Gift vouchers are versatile.
But a lot of hoteliers have gotten stuck in a loop of constantly slashing prices, offering direct channel discounts, OTA promotions, and special rate packages to drive occupancy. For example, targeting people looking for a local getaway during shoulder seasons or offering special deals to business travelers for repeat bookings.
We spoke to luxury Bali property, The Komus, team about how STAAH has helped them with Get Google to boost direct revenue and bookings. It offers 126 designer rooms that merge business and pleasure. There was a need to reduce the dependency on OTAs and enhance revenue by increasing direct revenue through The Komus website.
Located in the heart of Jakartas business district, Mangkuluhur Residences by LORIN offers a haven of tranquillity amidst the dynamic urban landscape of the Indonesian capital. Inconsistencies across online travel agents (OTAs) was common. Mangkuluhur Residences by LORIN was falling behind using manual distribution techniques.
STAAH, a leading technology company helping hoteliers unlock their full revenue potential, has unveiled its list of distribution channels that brought the highest booking revenue to hotels across India over the past year. Three newcomers made the top 10 list in India Cleartrip, Hotelbeds and RezLive.com.
It offers a comfortable and convenient stay for both business and leisure travellers. Its prime location near Park Street provides easy access to the citys cultural attractions, shopping districts, and business hubs. The visibility across a diverse range of OTAs has also improved, including meta search sites.
The right sales tactics can help increase revenue, boost occupancy rates , and ensure guests have a positive experience. This blog outlines simple, actionable strategies that hotels of all sizes can use to grow their business, from direct bookings to pricing strategies and everything in between.
This seamless integration has not only minimized errors and enhanced booking accuracy but also played a pivotal role in driving revenue growth for the hotel chain, positioning it for continued success in a competitive market. By integrating STAAH’s Channel Manager, Black Rock Hotels has effectively solved this problem.
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When award-winning boutique hotel Skky Hotel in Whitehorse, Canada, partnered with hospitality consultancy Four Sides to rethink its tech stack, the goal was clear: simplify operations and cut unnecessary costs – without sacrificing guest experience or revenue. for OTA, and $10 for GDS.
STAAH, a leading technology company helping hoteliers unlock their full revenue potential, has unveiled its list of distribution channels that brought the highest booking revenue to hotels in key tourism destinations across Southeast Asia, including Malaysia, Vietnam, Singapore, Indonesia, Thailand and Philippines, over the past year.
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. These rooms are then resold to various travel distributors, such as OTAs, tour operators, and travel agents, who then offer them to end consumers.
Located in the heart of Jakartas business district, Mangkuluhur Residences by LORIN offers a haven of tranquillity amidst the dynamic urban landscape of the Indonesian capital. Inconsistencies across online travel agents (OTAs) was common. Mangkuluhur Residences by LORIN was falling behind using manual distribution techniques.
Catering to both business and leisure travellers, the group offers a blend of modern amenities and personalised services. STAAH’s tools helped standardise booking operations, enhance OTA performance and establish a tech-forward approach to revenue management.
Online travel agencies (OTAs) like Expedia and Booking.com can bring a significant proportion of revenue to a lodging business, but they also demand high commission fees. Ultimately, the relationship should be determined by the ROI generated from your OTA channels. Do you love ’em or hate ’em?
While occupancy is still a core metric, relying on it too heavily can leave your property management business vulnerable to seasonal swings, economic uncertainty, and a volatile demand environment. Ancillary revenue to the rescue! This post will show you how to convert those opportunities into revenue. The good news?
STAAH, a leading technology company helping hoteliers unlock their full revenue potential, has unveiled its list of distribution channels that brought the highest booking revenue to hotels across United Kingdom, Middle East and Sri Lanka, over the past year. Adam continues.
STAAH, a leading technology company helping hoteliers unlock their full revenue potential, has unveiled its list of distribution channels that brought the highest booking revenue to hotels across the Oceania region, including New Zealand, Australia and the Pacific Islands.
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Cloudbeds’ 2023 data finds that OTAs are back and stronger than ever. The annual report dives into the evolving landscape of Online Travel Agencies (OTAs), offering lodging businesses strategic insights to enhance their distribution strategies and maximize revenue in a dynamic travel market.
And what do hotels need to do to protect their visibility and revenue? This can include having a significant impact on the European Economic Area by being in a strong intermediary position that links a large user base with a number of businesses, financial turnover, and being entrenched in the market.
In today’s competitive travel market, bundling your offerings into creative packages isn’t just a nice touch, it’s a business strategy. Start by asking: Are your guests mostly couples, families, business travelers, or solo explorers? Great for: Business-heavy cities or hotels near conference centers.
Perfectly positioned, it offers effortless access to the area’s attractions and serves as a prime spot for business travellers and organisations seeking a venue for team-building activities. The seamless experience, particularly on mobile, was essential to remain competitive with online travel agents (OTAs).
The hotel attracts both leisure and business travellers with facilities including a swimming pool, aviary, fun bike, indoor playground, spa, sauna, steam, meeting rooms and an on-site restaurant. The consequences of this can include double-bookings and guest frustration, leading to a loss of revenue and reputation.
The advent of Online Travel Agencies (OTAs) has revolutionized the hospitality sector. This is the primary reason why as a hotelier, you should know how to select the right OTAs for your hotel. This is the primary reason why as a hotelier, you should know how to select the right OTAs for your hotel.
Studies show that hotels lose up to 20% of their annual revenue to chargebacks caused by guest disputes, unclear cancellation policies, and OTA-related miscommunication. For hoteliers, this doesn’t just mean lost revenue—it also leads to operational inefficiencies and added pressure on staff.
With offerings tailored for both leisure and business travellers including well-appointed rooms, conference facilities, swimming pools and authentic culinary experiencesSentrim is more than a hotel group. As a result revenue was missed and the guest experience in bookings was below par. Thats where STAAH came in.
STAAH and OTA Insight customers will now be able to access and visualise OTA Insight’s data directly in STAAH solutions for streamlined decision-making. OTA Insight’s team of international experts supports more than 60,000 properties in 185 countries.
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. Decision intelligence unifies the full range of pricing decision-making through both OTAs and direct bookings.
The annual Duetto Revenue Management Trends & Predictions Survey results are in! The 2023 results showed that hoteliers were hopeful of the return of business travel and group business, and mindful of short booking windows. are currently using a revenue management system (RMS), up from 82.3% out of 5 in 2023.
Sydney, Australia A new report by SiteMinder, the worlds leading hotel distribution and revenue platform, reveals that hotel websites outperformed all other booking sources in driving revenue per booking in 2024, by as much as 60%. This figure was 8.5%
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Let’s be honestrunning a hotel while managing its revenue at the same time is a balancing act. From making sure staff, guests, and smooth operations are all attended to, we can understand why revenue management so frequently gets put on the back burners. What Are Revenue Management Tools? Thats where outsourcing comes in.
Hospitality management platform Cloudbeds has revealed rankings of the highest revenue-generating Online Travel Agencies (OTAs) worldwide, as well as by various countries and regions, with Booking.com coming out on top. The post Cloudbeds: Booking.com top revenue-generating OTA for indies appeared first on hotelbusiness.com.
Managing fees on online travel agencies (OTAs) can be a real headache for property managers. According to a new Forbes report, Airbnb customers in summer 2023 face a whopping average of 36% in added charges above the nightly rate, and the same is probably true for other OTAs. Damage Deposit Airbnb: No damage fee for hosts!
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Royale Paragon Hospitality Group needed a technology solution that will reduce distribution administration and increase revenue. The properties managed by them attract a wide profile of guests, from leisure to business, and are located at convenient city spots. Find out more about this Hospitality group here
A hotel commercial strategy is a coordinated business approach that integrates sales, marketing, revenue management and distribution efforts to maximise total hotel revenue. It aims to drive profitability and improve competitiveness in the market for a hotel business. What is a hotel commercial strategy?
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