Remove Cancellation Remove Dining Remove Overbooking
article thumbnail

Innovative Horizons: How Hotels Are Changing

Hotelogix

AI handles booking changes and cancellations quickly, making the process smooth. 👉 Read Also - Best Hotel Management Books Every Hotelier Should Read Healthier Food Choices Hotels are focusing on organic, farm-to-table dining with locally sourced ingredients.

article thumbnail

Creating Restaurant Event Spaces that Sell

Social Tables

Hosting an event at your restaurant can be as simple as renting out a spare dining room, repurposing unused space, or turning the dining room into a stage for local entertainers. Restaurants are highly sought-out venues for many events, from corporate meetings to private gatherings, casual parties, and fine dining affairs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is a hotel reservation system and why is it important?

Cloudbeds

When travelers book on your website, you can upsell them to premium rooms and cross-sell onsite services and add-ons like breakfast, dining, spa, and recreation. When travelers book through your website, they can make changes or cancel directly with your property, giving them peace of mind. Generate more revenue.

article thumbnail

What is Yield Management: Guide for Hotels

SiteMinder

This includes offering tailored packages, suggesting room upgrades, promoting in-house dining experiences, and even curating special entertainment events. This can involve overbooking strategies to account for last-minute cancellations or no-shows. This strategy aims to ensure maximum occupancy.

article thumbnail

Mastering The Art of Resort Revenue Management

Catala Consulting

Overbooking: Though counterintuitive, it helps mitigate revenue loss due to last-minute cancellations or no-shows. TRevPAR Optimization: Besides room revenues, optimizing additional revenues from services such as dining, spa treatments, and unique experiences is crucial for overall revenue growth.

article thumbnail

Late bookings: Guide to last minute bookings for hotels

SiteMinder

Reduced cancellation risks : The closer the booking is to the stay date, the less likely it is to be cancelled. There are several drawbacks to this approach… Preventing last minute overbookings Firstly, you may overbook your rooms. This diversity can enrich your customer database and allow you to access new audiences.

article thumbnail

The Science Behind Hotel Distribution: How to Maximize Bookings Across Channels

Catala Consulting

Packaging Deals: Bundling rooms with spa treatments, dining credits, or tours to create unique offers unavailable on OTAs. Hotels that leverage these technologies reduce overbooking, optimize revenue, and maintain a balanced distribution mix. Monitor Performance Metrics Track conversion rates, cancellation rates, and commission costs.