Remove Closing Remove Online Sales Remove Overbooking
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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. However, you can minimise the risk of having to walk travellers if you have a solid overbooking strategy. However, you can minimise the risk of having to walk travellers if you have a solid overbooking strategy. What is the definition of overbooking for a hotel?

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Chatrium Hotels & Residences “revolutionise” operations and find success with SiteMinder

SiteMinder

The stability of the real-time connection has also been a game-changer, ensuring that our inventory and rates are always up-to-date across all online sales channels.” SiteMinder’s unified platform has simplified the entire process, allowing us to manage all our sales channels from one central dashboard.

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What is a channel manager? All you need to know

Cloudbeds

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. The same happens with a cancellation.