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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.

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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.

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Little Hotelier delivers successful start to Mamori House at Koh Larn

Little Hotelier

It’s perfect for independent travellers, couples or those looking for a long vacation. 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.

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Late bookings: Guide to last minute bookings for hotels

SiteMinder

These bookings often occur due to sudden travel plans, business needs, or even whimsical decisions to take a quick getaway. Diverse clientele : Last-minute bookings attract a wide range of guests, from business travellers catching a late flight to spontaneous weekend adventurers.

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MaxiRoom: Hotelbeds Extranet login guide

Little Hotelier

This means you can manage your reservations, update your rates and availability, and distribute your rooms to online travel agencies (OTAs) all from one platform. This ensures that your inventory is always up-to-date, reducing the risk of overbooking.

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What Triggers Hotelier's Anxiety?

Hotelogix

A common trend with novice hotels and hoteliers is to sign up with as many OTAs - Online Travel Agents (like booking.com , Expedia, etc) as possible. 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.

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What is a Hotel Channel Manager? A Comprehensive Guide

Inn Quest

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.