Remove Cancellation Remove Overbooking Remove Travel
article thumbnail

Encore Profits: How Hoteliers Can Cash In on Ed Sheeran’s India Tour with Smart Revenue Strategies

eZee Absolute

Dont Let Last-Minute Pricing Cost You Profits Ed Sheerans fanbase is diverse, from students and backpackers to luxury travelers. Dont Let Overbooking or Cancellations Kill Your Revenue With a major event like this, cancellations and no-shows are inevitable. But you have to act fast. Dont make the same mistake twice.

Revenue 52
article thumbnail

Hotel overbookings: What are the pros and cons and how can you make the most of an overbooking strategy?

SiteMinder

Hotel overbookings can be a divisive topic. Some hoteliers love using this strategy to boost their revenue and protect their property from losing out due to last-minute cancellations. However, you can minimise the risk of having to walk travellers if you have a solid overbooking strategy. Table of contents.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Expedia cancellation policy: Guide for hosts

Little Hotelier

What is the Expedia cancellation policy? Expedia provides a cancellation policy that allows users to cancel or modify their reservations without any charges or penalties within the first 24 hours. This can help to mitigate potential revenue losses from cancellations.

article thumbnail

Optimizing Your Booking Engine: Features That Drive Direct Bookings

STAAH

The more intuitive and easier your booking process is, the easier it will be for hotels to compete with online travel agents (OTAs) for direct bookings. Booking process Display accurate, up-to-date information on room availability and pricing to avoid overbooking and ensure transparency.

article thumbnail

OTA & Direct Booking: Finding The Right Balance

STAAH

On one side, you have OTAs (online travel agents) that are vital distribution partners to liquidate unsold inventory and put heads in beds. Customer trust: Many travellers trust OTAs due to their established reputation and user-friendly platforms.

OTA 109
article thumbnail

What is Hotel No Show? How to Minimize No-Show Reservations

Hotelogix

A no-show in the hotel industry occurs when a guest makes a reservation but fails to show up or cancel their booking in advance. Guests might miss flights due to delays, experience personal emergencies, or face unforeseen circumstances that prevent them from traveling. How No-Shows Impact Hotels?

article thumbnail

Hotel revenue management: trends in a post Covid world

STAAH

Like many other areas in travel and hospitality, revenue management has dramatically changed in the last two years. With most hoteliers still relying on domestic travellers, the prime booking window is 0-3 days for business properties, out of which same day booking is the strongest,” says Kamal Kishore from Redsky Hospitality.