SiteMinder

DECEMBER 4, 2023

Hotel industry statistics refer to data and metrics relating to hotels and other accommodations in the industry. Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. The average cancellation rate is 20%. million people.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

Inn Quest

AUGUST 15, 2023

A hotel channel manager is a software tool used in the hospitality industry to manage and synchronize online distribution channels. In short, it primarily streamlines the distribution of room inventory, rates and availability across multiple channels, ensuring consistency and increasing bookings.

Management 52

Management Global Distribution System Overbooking OTA 52

eZee Absolute

DECEMBER 11, 2023

A hotel channel manager is a software that allows hotels like yours to manage their online inventory and rates across multiple booking channels, such as online travel agencies (OTAs), global distribution systems (GDSs), and your website as well. But fear not!

Management 59

Management OTA Overbooking Global Distribution System 59

SiteMinder

MARCH 16, 2023

Without a hotel reservation system, it’s hard to know how many guests are travelling, what their interests are, what amenities they prefer, how old they are, where they’re coming from, why they’re visiting your destination, and so forth.

Overbooking 52

Overbooking Hotels Accommodation Global Distribution System 52

SiteMinder

JANUARY 8, 2024

For instance, you can evaluate which channel is delivering the most reservations, contributing the most to overall revenue, has the highest cancellation rate, or which has the largest or smallest lead time. The more information you have about your channel performance, the more tweaks you can make to optimise your distribution mix.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

For instance, you can evaluate which channel is delivering the most reservations, contributing the most to overall revenue, has the highest cancellation rate, or which has the largest or smallest lead time. The more information you have about your channel performance, the more tweaks you can make to optimise your distribution mix.

Operations 52

Operations Management OTA Hotels 52

Cloudbeds

OCTOBER 17, 2024

Direct channels allow travelers to make a reservation directly with the property through the hotel’s website, social media channels, walk-ins, phone, and email. Hotel management must balance direct and indirect channels to secure a steady stream of bookings whilst increasing revenue.

OTA 76

OTA Occupancy Hotels Revenue 76