Remove Cancellation Remove Events Remove OTA Remove Overbooking
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What is a hotel overbooking strategy? +4 ways to avoid overbookings

Cloudbeds

Overbookings can be stressful for the front desk and the guest, but you can manage them with ease if you have a proper plan in place. While for some hoteliers it’s best to avoid overbookings altogether, for others, a good strategy can increase revenue, improve the occupancy rate and mitigate losses. What is an overbooking strategy?

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Expedia cancellation policy: Guide for hosts

Little Hotelier

What is the Expedia cancellation policy? Expedia provides a cancellation policy that allows users to cancel or modify their reservations without any charges or penalties within the first 24 hours. This can help to mitigate potential revenue losses from cancellations.

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Hotel peak season: Strategies for small hotels

Little Hotelier

Make more money during peak season with direct bookings OTAs charge a 15-25% commission fee on every booking. hotels should consider a number of local factors, such as the climate, local holidays and events, school terms and target guests. However, overbooking means that you risk double booking, which is not worth the risk.

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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. For instance, if a hotel expects high occupancy due to an upcoming event in the city, they can ensure adequate staffing and inventory to cater to the influx of guests.

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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. Channel Management: Ensures profitable utilization of distribution channels, such as online travel agencies (OTAs), direct bookings, and travel agents.

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The Five Ways in Which Hospitality Technology Can Improve Hotel Efficiency

Clock Software Hospitality

Here are some of the ways in which hotel PMS solutions can aid a hotel in improving daily operations: Increase RevPAR via Direct Bookings Online travel agencies (OTAs) allow hoteliers unlimited access to a large pool of potential guests, charging a commission for every booking made through them.

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Hotel Reservation System: Their Significance and Impact on Your Business

Hotelogix

This prevents overbookings, eliminates misunderstandings, and ensures that guests receive precise information when making reservations. Provides Multi-channel Distribution Integration with various distribution channels like online travel agencies OTAs and global distribution systems GDS expands your hotel's reach to a worldwide audience.