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Hotel revenuemanagement isn’t just about pricing rooms. Yet, time and again, we find that hotels, especially independent and boutique properties, are making avoidable hotel revenuemanagement mistakes that silently bleed revenue. The Cost Losing 20% on 60% of your bookings = 12% of total revenue lost to OTAs.
Outsourced revenuemanagement has become a strategic solution for independent and lifestyle hotels that want to grow profitably without building large in-house commercial teams. If you’re a hotelier evaluating your revenue strategy, this is your practical starting point. What Is Outsourced RevenueManagement?
Managing 60+ alpine chalets was challenging until Chalets 1066 found a smarter way to streamline bookings with STAAH Nestled in the picturesque Alpine village of Les Gets, France, Chalets 1066 is a self-catered chalet and apartment rental business with a reputation for comfort, quality, and personalized service.
Managing bookings across multiple channels has become a core part of running a successful hospitality business. From hotels and vacation rentals to holiday apartments, properties of all types rely on channel managers to simplify operations. Choosing the best channel manager isn't just about convenience.
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.
As guest expectations and booking trends evolved, Guy wanted a smarter, faster, and more responsive way to manage availability and rates across online travel agents (OTAs) — and something that didn’t make them feel stuck in the past. The STAAH Channel Manager provided the flexibility and real-time updates the team needed.
RevenYou , led by CEO and Founder Tamie Matthews , has a knack for turning around the fortunes of hotel businesses, even under the most dire circumstances. Let’s look at some key stories that show why it’s so important for modern hoteliers to seek the right partners and to implement the best technology if they want to achieve business growth.
Dynamic Pricing: Use revenuemanagement tools to adjust pricing based on demand while offering competitive deals. Booking Engine: eZee Reservation is one such tool that helps guests easily book rooms directly through your website, enhancing your online presence and reducing commission fees from third-party OTAs.
So, Im calling the mistakes out Here are 5 brutal revenuemanagement mistakes I see hotels make all the time as a CEO of a revenuemanagement consulting firm. Article Summary Dont Ignore Time Focusing on the Wrong Metrics Being Afraid of Change Not Utilizing Technology Fearing the OTAs 1. Time is of the essence.
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.
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 revenuemanagement.
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. In addition to direct bookings, STAAH has streamlined Grand Sunshines channel management process and enhanced operational efficiency.
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. While OTAs help bring in new customers, relying too heavily on them can hurt your bottom line. This builds trust and encourages them to avoid OTAs.
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 new program brings together the company’s comprehensive suite of business travel services under one unified program , offering personalized partnerships, competitive rates and streamlined booking solutions. “ Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex
A hotel commercial strategy is a coordinated business approach that integrates sales, marketing, revenuemanagement 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?
As you might expect, rate parity is highly beneficial to online travel agents (OTAs) that have access to a vast number of travellers and charge commission rates to property owners/operators. Wide rate parity With wide rate parity, a hotel or B&B agrees not to undercut the room prices that an OTA charges for their hotel.
Holiday Inn Sydney Airport recently rebranded to a Crowne Plaza under Trilogy management Tony Ryan: I was working in London prior to Covid selling branded management companies and was then approached by some third-party management companies looking to expand into Europe and the UK. We’re not.
Hotel management challenged by seasonality in the mountains When Ana Sánchez joined Snö Hotels as RevenueManager over five years ago, she encountered an exciting challenge; helping to build a hotel chain from scratch that specialised in snow and mountain destinations – using the right technology from day one.
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. Rates, inventory and reservations were manually managed, which was inefficient and increased the chances of making mistakes. Till STAAH came along.
From making sure staff, guests, and smooth operations are all attended to, we can understand why revenuemanagement so frequently gets put on the back burners. So, let’s provide you with a list of revenuemanagement tools to simplify managing your hotel so much easier: What are RevenueManagement Tools?
For OTAs, however, they negotiate a commission on bookings. Additionally, short-term focus drives hotels to rely more on OTAs when there’s an immediate need, as direct channels cannot drive demand as quickly. It is also worth noting that commission isn’t the only cost associated with OTAs. But is this really the case?
Leading solution providers: Lighthouse (formerly OTA Insight) Business Intelligence Solution , RevenueManagement Systems Nomadix Network Management Journey Booking Engine Eigen Payments Accounting Atomize RevenueManagement Systems Submit an Article Advertisements Why Allergen Safety is the next frontier in hospitality About us
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. Rates, inventory and reservations were manually managed, which was inefficient and increased the chances of making mistakes. Till STAAH came along.
The second era of compsets started when the internet brought online travel agencies (OTAs) and online bookings, making competition more dynamic. Competition for hotels grew, and prices started to fluctuate more as revenuemanagement systems made pricing strategies more sophisticated.
In this context, SABA Hospitality stands out as a leading provider of innovative technology that empowers hospitality businesses to achieve operational excellence and drive sustainable growth. Operational efficiency involves minimizing waste, maximizing productivity, and ensuring that every aspect of the business operates smoothly.
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.
The Hotel Marketing Podcast is for hotel marketers, revenuemanagers, and hospitality professionals looking to enhance their marketing efforts. The Boostly Podcast is for hospitality business owners, managers, and marketers looking to enhance their direct booking strategies and gain independence from OTAs.
They simplify the often complex world of revenuemanagement , giving you a reliable foundation to build upon as you grow your confidence in managing rates. Net rate : This is the rate after subtracting any commissions or fees, often used in negotiations with online travel agencies (OTAs) or corporate bookings.
Available in 50+ languages, it delivers fast, personalized responses that drive higher conversions , reduce booking abandon rates, and capture direct bookings that may otherwise go to OTAs. Social Connect: Enables AI-powered guest engagement across popular social platforms including Facebook, Instagram, Messenger, and WhatsApp Business.
Hotel management can often feel like youre spinning plates – online travel agents (OTAs) sending bookings, guests booking directly on your site, and your front desk needing real-time updates to avoid the dreaded overbooking. Enter the channel manager. You can maximise occupancy and revenue without manual rate updates.
With the hospitality industry adapting to evolving guest expectations and the rapid growth of online booking platforms, managing hotel operations become increasingly complex. In this blog we look at some common issues that hoteliers of any size face and where effective channel management through the right platform helps overcome these.
The platform is designed to reduce OTA dependency, improve revenue performance, and enhance international visibility, while preserving the distinct identity of each member property. Advertisements “ As the expectations of sophisticated travellers evolve, so too must the models that support the hotels serving them.
The platform caters to high-value market segments including business travellers on extended assignments, individuals relocating for work, digital nomads, and corporate managers booking accommodation for their team. What is the opportunity around extended-stay revenue? Are they big enough? Do you have separate living areas?
Centrally located in the Omani capital’s Al Mouj Muscat neighbourhood, a vibrant waterfront development known for its luxury residences, yacht marina, championship golf course, and high-end retail offerings, the new resort will cater to both leisure and business travellers.
For hotel managers, that means a fresh stream of millennial and Gen Z guests who are motivated by price, flexibility and share-worthy experiences rather than traditional brand loyalty. By listing your property on Tryp.com, you appear where these younger travellers are already researching trips, without relying solely on the usual OTAs.
Each system contributes unique insights that inform decisions across departments: Key Data Sources: Property Management Systems (PMS) occupancy rates, check-in/check-out patterns, room types booked. RevenueManagement Systems (RMS) historical pricing data, demand curves, forecasted occupancy. families, business travelers)?
6/30/2025 Duetto Introduces RMS for Limited-Service Hotels Duetto introduces GameTime, a streamlined revenuemanagement system (RMS) designed specifically for select-service and limited-service hotel brands. Capture more direct bookings : Integration supports commission-free transactions through AI tools, reducing OTA dependence.
riding the Booking.com ranking reshuffle rodeo Images by GuestRevu The guest review score is a critical KPI for accommodation providers, influencing everything from OTA visibility to guest trust. riding the Booking.com ranking reshuffle rodeo Posted on Yesterday at 10:52 am Home Suppliers Booking.yeehaw!
They’re good for getting bookings, but this dependence might limit your business in a very competitive market. It’s about building a stronger and more diversified business that doesn’t rely on just one or two platforms. By reaching out to more places, you depend less on them and get more say in your business future.
Every hotelier dreams of high occupancy, steady revenue, and a thriving business year-round. In this article, well break down what demand generation really is, the common challenges hotels face in getting it right, and most importantly, how to make it work for your business. Lets dive in!
The event brought together thousands of owners, operators and industry partners for nearly 100 educational sessions, a trade show to connect owners with qualified vendors and brand sessions to hear from Choice leaders about recent performance success and where the company is investing to help drive revenue and lower costs.
RaccoonRev Plus is engineered to bridge the gap between basic rule-based pricing and the full complexity of traditional RevenueManagement Systems (RMS). Looking beyond revenue, van Dyl sees this as the first step in RoomRaccoons broader AI journey. âRevenuemanagement is just the beginning.
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