Remove Cancellation Remove Hospitality Management Remove Overbooking
article thumbnail

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

Cloudbeds

Whether online or offline, behind every effortless booking experience is a fast, reliable, and fully integrated hospitality management system. When travelers book through your website, they can make changes or cancel directly with your property, giving them peace of mind. Manage rates and availability in real-time.

article thumbnail

What is a channel manager? All you need to know

Cloudbeds

And even then, manually-managed distribution is risky: any delays in updating rates and availability on a channel’s extranet could mean selling a room that isn’t available or selling at a lower rate, which can lead to overbooking and sub-optimal yield management. The same happens with a cancellation. What’s allotment ?

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. Group Reservations: Handles group bookings efficiently, allowing for the reservation of multiple rooms and the ability to manage group details collectively.

article thumbnail

A comprehensive guide to hotel management software

Cloudbeds

The hospitality industry is constantly shifting The beauty of working with a modern, cloud-based hospitality platform is that it’s updated regularly, so the technology is always fresh and ready to support the changing needs of your property. Integrate with your PMS and channel manager. No more overbookings.