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America hits the brakes on travel

Hospitality Today

Last-minute bookings rising : Booking Holdings and Hyatt both report shorter stays and more last-minute reservations, complicating yield management and pricing strategies. Lower-income households scaling back : Bank of America data shows the sharpest decline in travel spending among lower-income Americans.

Travel 40
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What is a hotel reservation system and why is it important?

Cloudbeds

When travelers book through your website, they can make changes or cancel directly with your property, giving them peace of mind. As a lodging operator, you can implement deposit and cancellation policies as a safeguard in case of no-shows. Manage rates and availability in real-time.

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How Google Hotel Ads is Penetrating the Hotel Distribution Vertical, and the Opportunity this Presents for Hotels

Xotels

This means that, in case of cancellation, no commission is due to Google. “What became clear as the COVID crisis unfolded,” Michael Trauttmansdorff, Google’s Group Product Manager for Travel Ads, stated, “was that cancellations especially were a major factor.

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Sell Smarter in 2025 with Hotel Yield Management

Hotelogix

What is Yield Management and Why It Matters for Hoteliers Yield management is a core revenue strategy in hospitality that enables hotels to adjust room rates based on real-time demand, booking pace, and occupancy forecasts. Yield management ensures you're not leaving money on the table.