Hotelogix

OCTOBER 24, 2024

But when integrated, they help a hotel in reducing costs, increasing operational efficiency, improving staff competence, and in serving guests better. It is a software application that helps you manage your daily operations. It automates and streamlines hotel operations across all the departments.

OTA 52

OTA Management Overbooking Cancellation 52

SiteMinder

JUNE 24, 2024

While Booking.com generally operates on a fixed commission model, there may be opportunities to negotiate lower rates based on the volume of bookings or long-term partnership agreements. Cancellation fee If a guest cancels a booking, Booking.com might charge a cancellation fee to that guest. Overbooking.

Cancellation 52

Cancellation Overbooking Revenue OTA 52

eZee Absolute

SEPTEMBER 26, 2024

In this blog, we’ll explore the concept of no-shows in hotels, their impact on revenue and operations, and discuss effective policies to mitigate their effects. It’s when a guest books a room but simply doesn’t turn up without canceling. Let’s dig in. There are a few different types of no-shows.

Cancellation 52

Cancellation Hotels Revenue OTA 52

SiteMinder

OCTOBER 10, 2023

At its core, an Agoda channel manager operates by providing a seamless link between your hotel’s property management system (PMS) and Agoda’s platform. This feature significantly reduces the risk of overbooking, a common issue in the hotel industry that can tarnish your establishment’s reputation.

Management 59

Management Overbooking OTA Hotels 59

eZee Absolute

NOVEMBER 6, 2024

However, behind the scenes, the hotel faced significant operational challenges that threatened to undermine its reputation. Another guest complained about delayed responses to their queries, while the hotel’s management struggled to keep track of bookings and cancellations.

Cancellation 52

Cancellation Operations Hotels Overbooking 52

Cloudbeds

JULY 15, 2023

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.

Management 76

Management OTA Cancellation Overbooking 76

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

Hotelogix

APRIL 18, 2024

One hotelier in Tanzania (now a client), would log into every OTA and update his room inventory whenever there was a booking or a cancellation. For his twelve-room property, on average, he would receive nine bookings and about two cancellations per day, and his business was listed on eight OTAs. Darth Vader is a redoubtable enemy.

OTA 52

OTA Overbooking Cancellation Business 52

Little Hotelier

FEBRUARY 5, 2024

This feature helps streamline the booking process, reducing the risk of overbooking and ensuring a smooth check-in experience for guests. It simplifies day-to-day operations by centralising all property management tasks in one system, saving time and reducing manual errors.

Management 59

Management Overbooking OTA Accommodation 59

Hotelogix

APRIL 4, 2025

Technology, guest preferences, and the need for sustainability are shaping how they operate. AI handles booking changes and cancellations quickly, making the process smooth. Some are moving toward plastic-free operations, offering reusable or compostable alternatives for guest amenities like toothbrushes, water bottles, and packaging.

Services 40

Services Hotels Construction Operations 40

Little Hotelier

OCTOBER 11, 2023

Don’t overbook as a strategy Some accommodation providers deliberately overbook their rooms to anticipate cancellations. However, overbooking means that you risk double booking, which is not worth the risk. Instead of overbooking, look to your cancellation policies to make sure you don’t operate at a loss.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

Xotels

APRIL 3, 2024

Key factors considered in market segmentation include length of stay , day-of-week stays, total revenue per room , total revenue per client, booking lead time, cancellation percentage, and no-show ratio. Operational, financial, and revenue management forecasting are distinct yet essential contributors to revenue optimisation.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

SiteMinder

OCTOBER 10, 2023

This centralisation is crucial in averting overbooking or underselling scenarios, which could tarnish your hotel’s reputation and result in revenue loss. By instantaneously updating room availability across all channels, it eradicates the need for manual updates, freeing up significant time for hotel operators.

Management 59

Management Overbooking OTA Hotels 59

eZee Absolute

DECEMBER 11, 2023

But what exactly is it, and how can it make your hotel operations easier? By providing real-time updates, it ensures that all connected channels reflect the most accurate and up-to-date information, preventing overbooking or underbooking while maintaining rate parity. Sounds like a logistical nightmare, right? But fear not!

Management 59

Management OTA Overbooking Global Distribution System 59

Hotelogix

MAY 8, 2025

Transparent rate structures , special packages, and clear inclusions (like breakfast, parking, free cancellations) add value in the eyes of prospective guests and help justify pricing tiers. Streamline operations to eliminate manual errors, such as overbookings or miscommunicated amenities, leading to better guest experiences.

Hotels 52

Hotels OTA Overbooking Services 52

Hotelogix

MAY 1, 2025

How Hotel Bidding Models Operate There are two primary bidding structures: Name Your Price : Guests set their budget, and hotels match bids that meet internal thresholds. Also, most bidding platforms involve non-refundable rates , limiting flexibility for guests and increasing the likelihood of no-shows without strict cancellation policies.

Occupancy 45

Occupancy OTA Average Daily Rate Overbooking 45

SiteMinder

JUNE 12, 2024

Instead, they’re exploring sophisticated indicators like GOPPAR to gain a holistic view of their operations. This can involve overbooking strategies to account for last-minute cancellations or no-shows. Today’s revenue managers, equipped with advanced tools and analytics, are delving into a more granular level of data.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Hotelogix

SEPTEMBER 12, 2024

A Hotel Property Management System (Hotel PMS) is software that helps hotels efficiently organize, schedule, and manage their daily operations. Also known as hotel software, it functions as the nerve centre of hotel operations, facilitating a smooth flow of interdepartmental information. to make key business decisions.

Management 52

Management Revenue Management Hotels Operations 52

eZee Absolute

OCTOBER 16, 2023

Challenges Faced by the Property Operating in a traditional manner, Beach Street Eco Resort & Spa faced its fair share of obstacles that hindered growth as well as guest experience. This not only made day-to-day operations more complicated and time-consuming but also restricted the resort’s capacity to expand its business.

Resorts 52

Resorts Tourism Fair Share Operations 52

Hotelogix

OCTOBER 24, 2024

  Without it, hotel staff would have to update each room's availability manually which could lead to errors such as overbookings. Here’s why it’s important for hotels: Streamlined Operations : A CRS syncs room availability and prices across all platforms in real-time, saving time and reducing errors.

OTA 52

OTA Revenue Hotels Global Distribution System 52

Fuel Travel

JULY 11, 2024

It also prevents overbooking and keeps everything in sync, allowing guests to tailor their stay preferences and enhance their experience. A secure, seamless connection ensures that this data is shared in real time, preventing overbooking and cancellations. Slow or confusing booking engines will lose bookings.

Upsell 52

Upsell Overbooking Hotels OTA 52

Xotels

JANUARY 18, 2021

Cancellation %. Tour Operators. Last but not least, the segment “Other” includes important segments that can’t be missed such as Complimentary and Overbookings which are often used across the hotel industry. Overbooking (from another hotel). Day of Weeks stays. Total Revenue per Room, Total Revenue per Client.

Hotel Marketing 40

Hotel Marketing Marketing Market Revenue Management 40

Hotelogix

MAY 1, 2025

More importantly, it explains why hoteliers—especially independent and mid-scale operators —should understand its workings, leverage its reach, and align it with their overall. Can I cancel a booking made via Expedia? A: Yes, cancellation policies depend on your hotel’s rate plan setup. What is Expedia?

Travel 45

Travel OTA Hotels Cancellation 45

Clock Software Hospitality

NOVEMBER 3, 2020

Throughout the years this has led to countless innovations in the industry, culminating with the adoption of hotel property management systems (PMS) which now act as the centre of a hotel’s daily operations. Industry innovation has allowed PMS solutions to evolve to the point where their usefulness has revolutionised hotel efficiency.

Hospitality 52

Hospitality OTA Revenue Management Hotels 52

Hotelogix

OCTOBER 19, 2023

Managing daily hotel operations is undoubtedly a complex and stressful task. It is THE MOST critical piece of hospitality technology solution that automates daily operations, saves time, reduces errors, and improves staff productivity. However, with the right technology, hoteliers can handle it easily and efficiently. You are right.

Hotels 52

Hotels Revenue OTA Management 52

Catala Consulting

JULY 30, 2023

By using outsourced revenue management, resorts can focus more on their core operations while still enjoying the benefits of sophisticated revenue management strategies. Overbooking: Though counterintuitive, it helps mitigate revenue loss due to last-minute cancellations or no-shows.

Revenue Management 52

Revenue Management Revenue Resorts Management 52

SiteMinder

MARCH 16, 2023

The risk of overbooking rooms is massively reduced, which significantly improves the smoothness of your hotel operations. Our online reservation system easily connects with many other hotel software and systems which makes it easier to manage every aspect of your business, from day-to-day operations to online distribution.

Overbooking 52

Overbooking Hotels Accommodation Global Distribution System 52

Cloudbeds

JANUARY 10, 2025

Most metasearch sites operate in a similar way. Additional booking details may also be provided, such as the cancellation policy, amenities, and inclusions like free breakfast or Wi-Fi. Depending on the site, hotels may also be able to add marketing messaging such as free cancellation or complimentary breakfast.

Cost Per Click 52

Cost Per Click Market Marketing OTA 52

Hotelogix

OCTOBER 18, 2023

It's a comprehensive solution that empowers your hotel to optimize operations, deliver exceptional guest experiences, and thrive in a competitive industry.  👉At its core, a Hotel Reservation System centralizes and automates the booking process, simplifying guest interactions and hotel operations. 

Business 40

Business Global Distribution System Cancellation Hotels 40

Cloudbeds

APRIL 2, 2024

If at some point the reservation gets canceled, the process is undone, and the room will appear available again. However, a dedicated CRS is needed for properties with a large number of rooms and complex operations. It’s best suited to mid-to-large international brands with more complex operations. Busy Rooms. Sabre SynXis.

Revenue Management 52

Revenue Management Occupancy Revenue Hotels 52

Social Tables

SEPTEMBER 21, 2023

What are your event cancellation policies ? Establish which event food service styles can occur during regular business operations and which will require the business to shut down standard service. Overbooking: Double-booking or overbooking restaurant event spaces can increase staff stress and decrease customer service.

Events 88

Events Dining Services Accommodation 88

Clock Software Hospitality

NOVEMBER 24, 2020

A hotel’s PMS is its core, it is the source of all operations and distribution, containing all relevant data to successfully manage the property. The same goes with the reverse, late cancellations are automatically relisted, allowing the hotel to optimise its revenue potential.

Upsell 52

Upsell Hotels Accommodation Events 52

Little Hotelier

FEBRUARY 5, 2024

Designed to streamline operations and generate more bookings, it is the go-to all-in-one solution for small hotel businesses. Cancel anytime. Single calendar view to prevent overbookings or reservations being missed. Little Hotelier Little Hotelier is software designed specifically for small, independent hoteliers.

Management 59

Management OTA Hotels Accommodation 59

SiteMinder

OCTOBER 20, 2022

For guests, this can be an attractive level of added security and an opportunity to create the differentiating trust that their booking will not be cancelled. Rakuten LIFULL STAY (operating on vacation-stay.com) is one of the largest holiday rental sites in Japan. This directly impacts their ability to be reimbursed for their stay.

Average Length of Stay 52

Average Length of Stay Hotels Accommodation Management 52

Xotels

APRIL 3, 2024

Key factors considered in market segmentation include length of stay , day-of-week stays, total revenue per room , total revenue per client, booking lead time, cancellation percentage, and no-show ratio. Operational, financial, and revenue management forecasting are distinct yet essential contributors to revenue optimisation.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

SiteMinder

SEPTEMBER 6, 2023

Reduced cancellation risks : The closer the booking is to the stay date, the less likely it is to be cancelled. Operational efficiency : Knowing you have a full house can streamline other operational decisions, from staffing levels to food and beverage orders. This adds a layer of reliability to your occupancy rates.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

Cloudbeds

JUNE 8, 2023

From increasing occupancy to generating direct bookings and increasing ADR, lodging operators have a lot on their plate. As the hospitality industry becomes more complex, the role of technology to help streamline operations and automate processes becomes increasingly important. What’s each hour worth for both yourself and your staff?

Management 98

Management Hotels Revenue Digital Marketing 98