Inn Quest

APRIL 5, 2023

Anyone who has worked in the hospitality industry for a few years would enthusiastically attest to the importance of yield management in hotels, particularly in hotel revenue management. Yield management enables the adjustment of prices and inventory to meet seasonal demand, resulting in better revenue management in hotels.

Yield Management 88

Yield Management Management Occupancy Revenue 88

Cloudbeds

APRIL 8, 2024

In the following sections, we’ll look at how a booking engine can help you customize the traveler journey, secure more commission-free bookings, increase revenue, and gain valuable insights into guest behavior. 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

SiteMinder

NOVEMBER 30, 2023

This creates a critical need for hotels to respond in kind, by implementing mobile-friendly booking engines and websites , collecting and using data more extensively, and investing in robust property management systems. 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

SiteMinder

OCTOBER 11, 2022

Cloud-based PMS solutions are a superior way to automate and accelerate all the important processes at your hotel including; Taking and confirming bookings, Managing reservations, Generating bills and reports, Check-in/out, Room transfers, Checking/editing availability, Guest communication. Revenue management. Increase bookings.

Hotels 52

Hotels Management Revenue Management Revenue 52

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. From checking in guests and entering reservations to managing rates and assigning rooms, many hotels still perform a lot of manual tasks.

Revenue Management 98

Revenue Management Hotels Operations Revenue 98

Cloudbeds

FEBRUARY 28, 2024

The reservation system acts as the central hub of the reservation ecosystem, which may also include a website booking engine, channel manager, and revenue management system. When integrated, these modules work together to help hotels manage room availability, distribution, reservations, and revenue. Guestcentric.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

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. The hotel also has the flexibility to configure settings as desired.

Resorts 98

Resorts Overbooking Yield Management OTA 98

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

The challenges of managing online room allotment across multiple channels Prior to STAAH , Airways Hotel was faced with challenges relating to managing hotel bookings across multiple channels. Rates and bookings were manually entered , which was highly time-consuming for the staff. The results are clearly visible.” “We

Overbooking 77

Overbooking General Manager Revenue Hotels 77

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. Integrate with your PMS and channel manager. No more overbookings. Revenue management Your hotel rates shouldn’t be “set it and forget it.”

Management 98

Management Hotels Revenue Digital Marketing 98

Hotelogix

OCTOBER 19, 2023

It improves a hotel's online visibility and sales while eliminating overbooking.    Revenue Management System: It simplifies the process of revenue management or room pricing - the most complex task. Most importantly, direct bookings help hotels save on booking commission costs. 

Hotels 52

Hotels Revenue OTA Management 52

SiteMinder

JUNE 29, 2023

What is an OTA channel manager? An OTA channel manager is a tool used to manage online travel agents (OTAs) in a single platform. It is commonly used by hotel sales and revenue managers to update rooms and rates in real-time. Here’s five simple steps to make an OTA channel manager work for your hotel: 1.

OTA 52

OTA Management Revenue Occupancy 52

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. In this guide for hospitality professionals, you’ll learn all about Channel Managers, from how they work to what makes great software for your business specifically.

Management 76

Management OTA Cancellation Overbooking 76