Hospitality Tech

JUNE 5, 2025

A year ago, Accenture’s Consumer Pulse Survey found that travelers felt booking a hotel was harder than buying a car and that choosing a flight was almost as hard as choosing a mortgage. Further testing of hypotheses was conducted via AI-moderated interviews with 300 consumers across 12 countries between January 20 and February 4, 2025.

Travel 52

Travel Consumer Retail Branding 52

Hospitality Tech

JUNE 5, 2025

An original equipment manufacturer for the hospitality industry’s top hotels, consumer digital signage, and airline seatback video players, Enseo became a full-service hospitality integrator in 2013, delivering brand customization. 55% abandon purchases, 50% switch brands, and 39% cancel subscriptions when confronted with digital issues.

Consumer 52

Consumer Retail Travel Branding 52

Hospitality Tech

JUNE 10, 2025

Intelligent assistants use machine learning and generative AI to eliminate time-consuming manual tasks, from writing job descriptions to building optimized shift schedules, built to meet the unique needs of every hourly team. The system tracks cleaning performance with detailed reporting for management.

Hiring 52

Hiring Small Business Revenue Operations 52

Hotel Speak

JUNE 11, 2024

New consumer preferences and habits have emerged in the first half of 2024 in an Asia Pacific tourism sector which is recovering from the pandemic years in an uneven manner. Could AI bots replace tourism forecasters in universities? “We PATA will release its mid-year tourism forecast reports on 39 Asia Pacific destinations on 25 June.

Tourism 110

Tourism Forecasting Consumer Cancellation 110

Hotelogix

JULY 18, 2024

Hotel forecasting, also known as hotel demand forecasting, is a strategic process that predicts future demand for hotel rooms and services based on historical data, market trends, and various influencing factors. What is Hotel Forecasting? Hotel financial forecasting helps hoteliers set targets by predicting fiscal outcomes.

Forecasting 52

Forecasting Average Daily Rate Occupancy Revenue Management 52

Inn Quest

OCTOBER 17, 2023

Here’s a brief explanation of the reasons why hotel overbookings happen: Uncertain Cancellations: Hotels anticipate a certain percentage of reservations to be canceled. However, when guests don’t cancel as expected, it can lead to overbooking. Why Do Hotel Overbookings Happen?

Overbooking 88

Overbooking Cancellation Forecasting Occupancy 88

Inn Quest

APRIL 3, 2023

Simplify Booking Management with a Cloud-Based Solution Managing room blocks can be time-consuming and complex, but implementing a simple and streamlined process can save time and reduce errors.

Operations 89

Operations Revenue Management Revenue Forecasting 89

Hotel Speak

SEPTEMBER 26, 2024

One week everything seems to be going fantastically, and the next week we’re forecasting next to nothing for the following month. This short lead time makes it difficult for hoteliers to forecast demand. Good weather can lead to a sudden spike in bookings, while poor weather can result in cancellations and slower demand.

Market 104

Market Marketing Hotels Forecasting 104

SiteMinder

JUNE 12, 2024

Learn more Yield management vs revenue management The goal of yield management is not merely to increase room rates or occupancy; rather, it’s to maximise your hotel’s revenue by forecasting your room supply and demand across a variety of key factors. Informed Decision-Making : Yield management relies heavily on data analytics.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

SiteMinder

JULY 13, 2024

It involves the use of data and analytics to help you keep track of supply and demand so you can make predictions on consumer behaviour. Many businesses where consumers spend money have varying prices based on demand, supply and shifts in costs. Forecasting Forecasting involves predicting future demand for rooms.

Revenue Management 98

Revenue Management Revenue Management OTA 98

Xotels

APRIL 3, 2024

Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Social Tables

JANUARY 14, 2022

Many hospitality conferences and conventions were virtual or hybrid events , while others were forced to cancel altogether. Attendees of this hospitality conference will receive recaps of valuable data from 2021 as well as forecast reporting on key must-know hospitality trends.

Hospitality 158

Hospitality Events Tourism Business 158

Inn Quest

MAY 11, 2023

This strategy works especially well for lodging facilities that encounter seasonal fluctuations in demand or a high rate of cancellations. Hotels can increase bookings and lower the chance of cancellations by providing discounts to customers who make reservations in advance.

Revenue 88

Revenue Occupancy Hotels Marketing 88

Hotelogix

OCTOBER 24, 2024

Your front desk staff can use a Hotel PMS to accept, cancel, and modify reservations based on your guests’ requirements. It analyses several factors including demand, season, occupancy forecast, and competitor pricing, etc. This is a time-consuming process and does not guarantee a real-time update.

OTA 52

OTA Management Overbooking Cancellation 52

Hotelogix

AUGUST 21, 2024

While doing it manually will be time-consuming and error-prone, a Hotel PMS automates the whole process. It helps you to understand a particular day’s occupied rooms,  available rooms, check-ins, check-outs, no-shows, cancellations, complimentary rooms, day-use rooms, etc.

Revenue 52

Revenue Rack Rate Average Daily Rate Hotels 52

Xotels

APRIL 3, 2024

Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

TravelNet

JUNE 26, 2023

With changing consumer behaviors and spending patterns, it is crucial to adapt and implement ways to maximize revenue and control costs. Adapting to changing consumer spending patterns While it’s true that people are still spending, the dynamics have shifted. Take time to reexamine your cancellation policy, rates, and fees.

Revenue Management 52

Revenue Management Revenue Occupancy Marketing 52

Hotelogix

OCTOBER 18, 2023

It leads to time-consuming and error-prone processes, resulting in business opportunities and revenue loss. Ensure that the system you plan to implement offers MIS reports, daily business reports, manager flash reports, history and forecast reports, and occupancy analysis reports. Yes, of course, you need it.

Management 52

Management Hotels Revenue Occupancy 52

Hotelogix

OCTOBER 19, 2023

It also aids in managing reservation cancellations and modifications, accepting reservations, sending confirmation emails, extending self-service facilities to guests, processing payments, etc.   Front Office: It allows a hotel's front desk staff to view and update room status, including availability.

Hotels 52

Hotels Revenue OTA Management 52

Xotels

NOVEMBER 23, 2023

Additionally, hotel management ensures compliance with industry regulations, maintains the safety of guests and employees, and adapts to evolving consumer preferences and technological advancements. Sell and promote reservation services, answer customer questions, and support reservation amendments or cancellations.

Management 40

Management Revenue Management Hotels Revenue 40

Xotels

NOVEMBER 23, 2023

Additionally, hotel management ensures compliance with industry regulations, maintains the safety of guests and employees, and adapts to evolving consumer preferences and technological advancements. Sell and promote reservation services, answer customer questions, and support reservation amendments or cancellations.

Management 40

Management Revenue Management Hotels Revenue 40

Catala Consulting

FEBRUARY 24, 2025

The answer lies in understanding the science behind hotel distribution leveraging data analytics, demand forecasting, and pricing strategies to optimize bookings across channels. Key factors in demand forecasting include: Seasonality: Understanding peak vs. off-peak demand. Heres how the science works: A.

Global Distribution System 52

Global Distribution System OTA Forecasting Revenue Management 52