Cloudbeds
AUGUST 21, 2023
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?
Inn Quest
OCTOBER 17, 2023
Overbooking is a common problem in the hospitality industry, causing major issues for both – hoteliers and guests. Striking the perfect balance between fully booked rooms and avoiding overbooking can be a challenging task. This is why our guide discusses how to avoid overbooking in hotels. Why Do Hotel Overbookings Happen?
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Little Hotelier
MAY 12, 2024
When we first started the business, we didn’t know which channels to sell through and what to do if overbooking occurs when selling through multiple channels at the same time,” said Licha. It helps us manage our rooms to prevent overbooking. As a new business, it was vital to attract customers and create business turnover.
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.
Little Hotelier
JULY 31, 2023
Hotelbeds was sold by Europe’s biggest tour operator TUI in April 2016. Hotelbeds is now a standalone company and operates independently. This level of support can be invaluable for small hotel owners who often wear many hats and need quick solutions to keep their operations running smoothly.
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.
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.
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