SiteMinder

FEBRUARY 13, 2023

SiteMinder’s new Hotel Booking Trends report, the only hotel commerce data analysis of more than 35,000 hotels and 450+ connected booking integrations, has revealed travellers booked their trips on average eight days earlier, and cancelled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Online sales in the hotel segment will generate 80% of total revenue in 3 years. Online travel agencies make up the top two revenue generating positions in 79% of major destinations.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

SiteMinder

JANUARY 14, 2025

Worldspan is a travel distribution company that utilises its global distribution system (GDS) to allow travel agents and other travel professionals to search, book and manage reservations on behalf of their clients. Maximising visibility through global reach As a Travelport vendor, Worldspan boasts incredible reach.

Global Distribution System 52

Global Distribution System Cancellation Travel Market Share 52

Inn Quest

AUGUST 15, 2023

Hotels face a daunting challenge as travelers seek convenience and competitive prices: how to efficiently manage their room inventory across multiple online distribution channels while maintaining real-time updates and avoiding overbooking. This is where a hotel channel manager comes into play.

Management 52

Management Global Distribution System Overbooking OTA 52

SiteMinder

MARCH 13, 2024

Given the online travel industry generated revenue worth $667.55 However, unique channels like Airbnb, Mr and Mrs Smith , or Lastminute.com can also provide strong reservation and revenue opportunities. Travellers can spend up to 12 weeks researching their trip and may visit up to 38 websites before they complete a purchase.

Hotels 78

Hotels Accommodation Global Distribution System Travel 78

SiteMinder

FEBRUARY 28, 2023

With visitors from China more eager to explore and experience than ever, make sure your offers are value-packed and that you are paying attention to the global desire for more sustainable travel. Start a free trial today with no credit card required and anytime cancellation. How can SiteMinder help?

Tourism 105

Tourism Travel Accommodation OTA 105

Hotelogix

OCTOBER 24, 2024

A Central Reservation System (CRS)  helps hotels manage room availability, pricing, and bookings from different channels. These channels include Online Travel Agencies (OTAs) like Booking.com, direct bookings through the hotel’s website, and Global Distribution Systems (GDS). How a Hotel CRS Boosts Revenue?

OTA 52

OTA Revenue Hotels Global Distribution System 52

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. And when you receive a new booking from an OTA, it will show up in your Channel Manager (and PMS /CRS), and that room’s availability will be closed automatically across all distribution channels.

Management 76

Management OTA Cancellation Overbooking 76

Hotelogix

OCTOBER 18, 2023

Why is a Hotel Reservation System Important for Your Business In a technology-driven era where convenience and personalized experiences are paramount, an effective hotel reservation system isn't just an option – it's an essential tool for staying competitive and thriving in the hospitality industry.

Business 40

Business Global Distribution System Cancellation Hotels 40

Cloudbeds

APRIL 2, 2024

The main function of a CRS is to act as a hub for all distribution activities, including making available rooms visible across distribution channels, allowing travelers and travel agents to make reservations, and collecting booking data. The property management system. The revenue management system (RMS).

Revenue Management 52

Revenue Management Occupancy Revenue Hotels 52

Fuel Travel

JULY 11, 2024

It cuts out middlemen, ensuring the best rates for guests and higher hotel revenue. Properties still relying on phone or form bookings are losing revenue, especially amongst younger travelers who are less likely to reach out directly to the hotel. This information is sourced directly from the hotel’s property management system.

Upsell 52

Upsell Overbooking Hotels 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. It maximizes the chances of getting a booking and optimizing your revenue.

Management 59

Management OTA Overbooking Global Distribution System 59

SiteMinder

JANUARY 8, 2024

Hotel management made easy Streamline hotel management, boost revenue, and enhance guest experience with SiteMinder's smart platform. Revenue management: Depending on the size of the hotel, the task of managing revenue might be given to the general manager or to a dedicated financial officer.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

MARCH 16, 2023

This way, it won’t only make life easier but you can use the data it provides to source more revenue and profit for your hotel. More revenue: A pooled inventory model to put more of your rooms online and reduce overbookings. Lower cost of acquisition: Instantaneous integration with the world’s leading hotel technology platforms.

Overbooking 52

Overbooking Hotels Accommodation Global Distribution System 52

SiteMinder

JANUARY 8, 2024

Hotel management made easy Streamline hotel management, boost revenue, and enhance guest experience with SiteMinder's smart platform. Revenue management: Depending on the size of the hotel, the task of managing revenue might be given to the general manager or to a dedicated financial officer.

Operations 52

Operations Management OTA Hotels 52

Cloudbeds

OCTOBER 17, 2024

While you want them to choose your hotel (and ideally book through your website), you should also aim to maximize the performance of your booking channels to generate more revenue at lower acquisition costs. That’s the essence of a hotel distribution strategy.

OTA 76

OTA Occupancy Hotels Revenue 76

Catala Consulting

FEBRUARY 24, 2025

Hotel distribution is the backbone of a successful revenue management strategy. In todays digital landscape, travellers have countless ways to book a hoteldirect websites, online travel agencies (OTAs), global distribution systems (GDS), metasearch engines, and even social media platforms.

Global Distribution System 52

Global Distribution System OTA Forecasting Revenue Management 52