SiteMinder

SEPTEMBER 4, 2023

Our previous low-quality channel manager made this an arduous and time-consuming task for our staff.” This has not only saved us countless hours but has also reduced the risk of errors and overbookings, providing a seamless booking experience for our guests.”

Operations 98

Operations Revenue Hotels OTA 98

Xotels

JANUARY 18, 2021

It allows you to target and market to a variety of consumer groups with different behaviour with an offer that matches their needs and budget level. Last but not least, the segment “Other” includes important segments that can’t be missed such as Complimentary and Overbookings which are often used across the hotel industry.

Hotel Marketing 40

Hotel Marketing Market Marketing Revenue Management 40

Cloudbeds

APRIL 30, 2024

A brief history of room price optimization Given the multitude of factors to consider and the analysis required, establishing accurate real-time room prices for your property may seem complex and time-consuming. During peak seasons, higher prices can prevent overbooking, while lower prices during off-peak times can attract more guests.

Revenue Management 52

Revenue Management Revenue Occupancy Hotels 52

Cloudbeds

APRIL 8, 2024

Download Guide Customize the traveler’s journey Consumer preferences have shifted significantly with the introduction of highly personalized technology like Netflix, Amazon, and Uber. With the Cloudbeds Booking Engine, your PMS and Channel Manager are automatically updated to prevent overbookings.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

eZee Absolute

OCTOBER 16, 2023

This not only made day-to-day operations more complicated and time-consuming but also restricted the resort’s capacity to expand its business. 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

SiteMinder

NOVEMBER 30, 2023

The technological progress around faster internet speeds, mobile technology, apps, and numerous intuitive online technologies like virtual assistants has given consumers an unbridled sense of freedom and convenience. We now live in a world where a consumer is more likely to trust the implied perfection of technology over a human.

Travel 52

Travel Hotels Services OTA 52

Social Tables

JUNE 8, 2022

Avoid cutting the audience off from speakers by limiting walking paths, overbooking your space, or making it difficult for attendees to move around. Put thought into your event design and think about how the layout could impact interaction between audience members and presenters. Livestream events on social media.

Events 149

Events Overbooking Market Marketing 149

Social Tables

SEPTEMBER 21, 2023

Overbooking: Double-booking or overbooking restaurant event spaces can increase staff stress and decrease customer service. Overserving: Venues are responsible for the alcohol guests consume at their establishment. We recommend prohibiting outside food and drink at all events—public and private.

Events 88

Events Dining Services Accommodation 88

Little Hotelier

MARCH 10, 2024

Features Streamlined booking management : Little Hotelier’s intuitive system simplifies booking and reservation management for small hotels, ensuring easy tracking of availability and confirmations, thus minimising overbooking and enhancing guest check-in experiences.

Hotel Sales 52

Hotel Sales Sales Revenue Management Revenue 52

Inn Quest

APRIL 5, 2023

Yield management, also known as revenue management, is a strategy hotels use to optimize their revenue by adjusting prices and inventory according to consumer demand. In this blog post, we will cover the following – what is yield management, its relevance in the hotel industry, and the benefits of yield management in the hotel industry.

Yield Management 88

Yield Management Management Occupancy Revenue 88

STAAH

MARCH 17, 2024

The Indian hotel no longer struggles with the aftermath of manual inventory and rate management, including overbookings and loss of staff efficiency. This activity was time-consuming for the team and opened the door to issues such as unintentional overbooking or lost revenue due to delayed rate updates.

Overbooking 88

Overbooking OTA Upsell Revenue 88

SiteMinder

OCTOBER 11, 2022

From collating data in one place to automation processes – these are key to ensuring time-consuming activities are completed quickly, boosting overall efficiency. A PMS also significantly reduces the risk of overbooking your rooms, directly improving the guest experience at your property.

Hotels 52

Hotels Management Revenue Management Revenue 52

SiteMinder

OCTOBER 20, 2022

Quite simply, before Airbnb hotels did not consider listing their inventory on short-term rental platforms: they expected the consumer to make a decision about whether they wanted a hotel or a rental before going to search for precisely that.

Average Length of Stay 52

Average Length of Stay Hotels Accommodation Management 52

MediaBoom

MARCH 14, 2024

A staggering 75% of consumers admit to judging a business’s credibility based on its website design. In a world where consumers crave engaging and authentic content, video marketing allows accomodation to connect with potential guests on a deeper level, inspiring them to book a stay.

Digital Marketing 67

Digital Marketing Services Market Marketing 67

SiteMinder

MAY 21, 2023

This eliminates manual updates, increases bookings and revenue, and eliminates concerns about overbooking or missing bookings. Previously, the resort handled all tasks manually, which was time-consuming. Now, by synchronising reservations from OTAs with their PMS through two-way communication, staff members save significant time.

Resorts 98

Resorts Overbooking Yield Management OTA 98

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. Maximize your occupancy and avoid overbookings by centralizing your inventory and pricing.

Management 52

Management Global Distribution System Overbooking OTA 52

Little Hotelier

APRIL 28, 2023

This meant that keeping room inventory up to date across all distribution channels was difficult and time-consuming. Overbooking was a common occurrence. There was always the risk of overbooking. We still had overbookings all the time,” said the motel owner-operators.

Motels 52

Motels Overbooking Hotels OTA 52

SiteMinder

MAY 17, 2023

We can also plan reservations and sales in advance with ease.” “SiteMinder provides us with the ability to make real-time pricing changes and analyse consumer booking patterns. ” Reduced overbooking and human errors The benefits stretch much further than being more efficient and doing things easier.

Revenue 52

Revenue Overbooking Operations Online Sales 52

Xotels

APRIL 3, 2024

Guest & Market Segmentation Hotel market segmentation is an important component of effective revenue management, allowing hotels to target diverse consumer groups based on their behaviours and budget levels. Mapping out these questions out in your strategy will help to set realistic goals.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

STAAH

FEBRUARY 25, 2024

That was time-consuming for the team and opened the door to issues such as unintentional overbooking or lost revenue due to delayed rate updates. A need to improve efficiency and accuracy Before implementing STAAH , Sahid Hotels manually managed the rates on all its channels. STAAH fixed these issues.

Revenue 83

Revenue Resorts Overbooking Hotels 83

SiteMinder

AUGUST 29, 2023

In particular, you should be looking to leverage the native capabilities of mobile and social platforms as a means of communicating with consumers, providing information and facilitating transactions – not just promoting last-minute deals.

Revenue 52

Revenue Hotels OTA Operations 52

STAAH

MAY 7, 2023

Rates and bookings were manually entered , which was highly time-consuming for the staff. Combined with real-time updates, this has meant time-saving for the Airways team along with reduced risks of overbookings and rate parity issues. With an expansive inventory, these features have been critical to Airways.

Overbooking 78

Overbooking General Manager Revenue Hotels 78

SiteMinder

DECEMBER 7, 2023

How to improve productivity in the hotel industry The ultimate goal of every hotel business is to produce more and consume less by optimising time and budget to achieve a greater level of efficiency. Here are five quick tips to help tackle productivity at your hotel: 1. For customer-obsessed businesses like hotels, this is ideal.

Hotels 59

Hotels Overbooking Business Tourism 59

Cloudbeds

APRIL 15, 2024

The hospitality industry is notorious for the number of time-consuming and tedious tasks that must be completed every single day. Automation plays a critical role in distributing inventory across various channels, ensuring that availability and rates are consistently updated across channels in real-time to reduce the risk of overbookings.

Revenue Management 98

Revenue Management Hotels Operations Revenue 98

Cloudbeds

FEBRUARY 28, 2024

If the components aren’t integrated, the revenue manager must perform these tasks manually, a time-consuming and error-prone process. This will help you increase occupancy, maintain rate parity, and prevent pricing errors, overbookings, and lost sales. Automate your credit card payment processing.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

SiteMinder

JUNE 29, 2023

Without a channel manager, individually updating rates, availability, and content on each OTA would be too time-consuming and more prone to mistakes. OTA channel managers provide a centralised platform for managing online travel agencies so that you can save time and minimise the likelihood of errors.

OTA 52

OTA Management Revenue Occupancy 52

Cloudbeds

APRIL 23, 2024

Management tools also streamline the time-consuming RFP process, making it easier to templatize and respond to RFPs fast. This eliminates the risk of overbooking and allows for the creation of group rates, room blocks, and add-ons. Invest in RFP software. Visit the Marketplace to see Cloudbeds’ integration partners. PMS integration.

Business 52

Business Events Hotels Sales 52

Hotelogix

OCTOBER 19, 2023

It improves a hotel's online visibility and sales while eliminating overbooking.  Here are a few essential integrations: Channel Manager: With a two-way seamless connectivity, it helps hotels with real-time update of rates and inventories across OTAs and metasearch engines.

Hotels 52

Hotels Revenue OTA Management 52

Cloudbeds

JUNE 8, 2023

When you don’t have an organized system or use complicated technology, the training process can be time-consuming and frustrating for everyone. Reservations made on your website should automatically sync with your hotel property management system and across all your OTA channels so you don’t get overbookings. No more overbookings.

Management 98

Management Hotels Revenue Digital Marketing 98

Cloudbeds

JULY 15, 2023

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. In the case of one-way sync, reservations or cancellations will not be imported.

Management 76

Management OTA Cancellation Overbooking 76

SiteMinder

JULY 24, 2023

This eliminates the need for time-consuming phone calls or emails, and allows guests to book their stay in a matter of minutes. This feature allows guests to see exactly which rooms are available for their chosen dates, helping to prevent overbooking or double booking issues.

Hotels 52

Hotels Management Overbooking Services 52