SiteMinder

MAY 21, 2023

The remarkable service and awe-inspiring ocean views leave a lasting impression on both local and global travellers, making it a coveted destination on their must-visit lists. With a two-way connection between the hotel and online travel agents (OTAs), the PMS automatically updates reservations made through any online booking channel.

Resorts 98

Resorts Overbooking Yield Management OTA 98

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.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

SiteMinder

APRIL 25, 2024

The exact genesis of yield management (now revenue management) in the hospitality sector is hotly debated,” says Stuart-Hill. Fast forward to 2020, the “Great Reset” prompted by the pandemic rapidly changed how consumers and businesses embraced technology.

Revenue Management 111

Revenue Management Revenue Management Hotels 111

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. After all, travelers can’t book a property they don’t find! With a good channel manager, you can save time, get more bookings, and distribute room inventory easily.

Management 76

Management OTA Cancellation Overbooking 76

Xotels

APRIL 3, 2024

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Article Summary: What is the Definition of Revenue Management? Why is Revenue Management Important to Hotels & Other Industries?

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

SiteMinder

MAY 14, 2023

Did I also mention that contacting their support team was time-consuming? ” “SiteMinder was the very first international platform to come to Thailand. Ms Atchara stated that during the pandemic, “we were able to increase RevPAR by more than 30% by executing yield management on the platform swiftly and accurately.”

Revenue 97

Revenue Sales Yield Management Occupancy 97

Xotels

APRIL 3, 2024

Also, gone are the days of selling the majority of your rooms through OTAs. Encourage Direct Hotel Bookings Encouraging customers to book directly should be a main priority included in your revenue management strategy. Focus on what leisure travellers want to add value to their stay.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76