STAAH

NOVEMBER 8, 2022

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.

Revenue Management 72

Revenue Management Revenue Management Forecasting 72

eZee Absolute

OCTOBER 16, 2023

This eco-friendly haven has been a tranquil retreat for travelers seeking a perfect blend of serenity and comfort. Increased Bookings and Revenue: eZee’s reservation management system eliminated the chaos of overbookings and cancellations, leading to increased bookings and improved revenue.

Resorts 52

Resorts Tourism Fair Share Operations 52

Xotels

JANUARY 18, 2021

Cancellation %. BAR Indirect Commissionable – Best Available Rate sold trough commissionable online travel agencies. BAR Indirect Net – Best Available Rate sold through net rate online travel agencies. Overbooking (from another hotel). Day of Weeks stays. Total Revenue per Room, Total Revenue per Client. Promotions.

Hotel Marketing 40

Hotel Marketing Market Marketing Revenue Management 40

Catala Consulting

JULY 30, 2023

Overbooking: Though counterintuitive, it helps mitigate revenue loss due to last-minute cancellations or no-shows. Channel Management: Ensures profitable utilization of distribution channels, such as online travel agencies (OTAs), direct bookings, and travel agents.

Revenue Management 52

Revenue Management Revenue Resorts Management 52

Hotelogix

OCTOBER 18, 2023

This prevents overbookings, eliminates misunderstandings, and ensures that guests receive precise information when making reservations. Provides Multi-channel Distribution Integration with various distribution channels like online travel agencies OTAs and global distribution systems GDS expands your hotel's reach to a worldwide audience.

Business 40

Business Global Distribution System Cancellation Hotels 40

SiteMinder

OCTOBER 20, 2022

In its early days around 2007, Airbnb appeared to be positioned in a niche for budget-conscious travellers, who did not mind sharing their accommodation with their hosts. Say hello to digital nomads or travellers who also work. Table of contents. What are the benefits of listing your hotel on Airbnb?

Average Length of Stay 52

Average Length of Stay Hotels Accommodation Management 52

Clock Software Hospitality

NOVEMBER 24, 2020

Independent hotels have seen significant growth since online travel agencies transformed the hospitality market place. Independent hotels are the response to a growing demand for boutique hotels on the part of Millennial travellers.

Upsell 52

Upsell Hotels Accommodation Events 52

Clock Software Hospitality

NOVEMBER 3, 2020

Here are some of the ways in which hotel PMS solutions can aid a hotel in improving daily operations: Increase RevPAR via Direct Bookings Online travel agencies (OTAs) allow hoteliers unlimited access to a large pool of potential guests, charging a commission for every booking made through them.

Hospitality 52

Hospitality OTA Revenue Management Hotels 52

Social Tables

SEPTEMBER 21, 2023

With built-in food service available , guests never have to worry about their food getting cold as it travels from the kitchen to the event. What are your event cancellation policies ? Overbooking: Double-booking or overbooking restaurant event spaces can increase staff stress and decrease customer service.

Events 88

Events Dining Services Accommodation 88

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

Xotels

APRIL 3, 2024

This segmentation involves identifying the purpose of the trip, differentiating between business and leisure travellers, and analysing various trends to enhance revenue performance. Focus on what leisure travellers want to add value to their stay. The graph considers cancellations and identifies peak or slow booking days.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Cloudbeds

FEBRUARY 28, 2024

When travelers make a hotel reservation, they expect a seamless experience , or they may decide to stay elsewhere. For hotels, meeting this expectation means moving away from manual processes and investing in booking software that allows travelers to book a room when they want on the channel of their choice. Generate more revenue.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

SiteMinder

OCTOBER 10, 2023

Agoda, being one of the leading online travel agencies (OTAs), provides a vast and valuable audience. Control your OTA listings and earn more revenue Say goodbye to overbookings and hello to maximised revenue with real-time inventory and rate management with SiteMinder’s channel management solution.

Management 59

Management Overbooking OTA Hotels 59

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 allows for moving bookings between properties or rooms and helps in avoiding overbookings. Cancel anytime. Single calendar view to prevent overbookings or reservations being missed.

Management 59

Management Overbooking OTA Accommodation 59

Cloudbeds

APRIL 2, 2024

The number of booking channels lodging businesses must manage has expanded exponentially, from their website to online travel agencies , bed banks, GDS’, and metasearch engines. During the booked period, the hotel room won’t appear available to any traveler or travel agent on any reservation channel, preventing double bookings.

Revenue Management 52

Revenue Management Occupancy Revenue Hotels 52

Cloudbeds

JULY 15, 2023

After all, travelers can’t book a property they don’t find! 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.

Management 76

Management OTA Cancellation Overbooking 76

SiteMinder

OCTOBER 10, 2023

As OTAs continue to outpace traditional booking methods, mastering your hotel’s online presence – and its relationship with online travel agents – is crucial. This centralisation is crucial in averting overbooking or underselling scenarios, which could tarnish your hotel’s reputation and result in revenue loss.

Management 59

Management Overbooking OTA Hotels 59

Cloudbeds

JUNE 8, 2023

With the rise of chatbots and messaging tools across all business types, travelers expect to be able to communicate with their lodging provider before, during, and after their stay. Many travelers use Instagram and TikTok’s mobile apps for travel research, and by providing a link in your bio, you can convert these users.

Management 98

Management Hotels Revenue Digital Marketing 98

SiteMinder

MARCH 16, 2023

The risk of overbooking rooms is massively reduced, which significantly improves the smoothness of your hotel operations. The system validates the availability of the hotel’s different room types and your indicated travel dates, then displays the available rates at the time of the search.

Overbooking 52

Overbooking Hotels Accommodation Global Distribution System 52