Hotelogix

JANUARY 12, 2025

This practice simplifies revenue management, builds trust with booking partners, and avoids conflicts between platforms. At this point  Channel Manager becomes invaluable. With a tool like Channel Manager, you can: S ync your room inventory and rates across all OTAs in real time.

OTA

Catala Consulting

JULY 30, 2023

In the fiercely competitive hospitality industry, the essence of successful resort revenue management lies in data-driven decision-making. This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. Why is Revenue Management Imperative for Resorts?

Revenue Management

Catala Consulting

MAY 17, 2024

Revenue management is a crucial aspect of the hospitality industry, focusing on maximizing income through strategic pricing, inventory control, and demand forecasting. These frontline employees are instrumental in shaping the guest experience, impacting occupancy rates, and ultimately driving revenue.

Revenue Management

STAAH

OCTOBER 15, 2024

Channel Manager Managing multiple distribution channels, from Online Travel Agents (OTAs) to direct bookings, can be complex without the right tools. A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies.

Operations

Inn Quest

SEPTEMBER 5, 2023

Effective hotel inventory management relies on technology solutions like Property Management System s (PMS), Channel Managers, and Revenue Management Systems (RMS) to automate tasks, analyze data and make informed decisions. This prevents overbooking and rate disparities, enhancing the guest experience.

Management

STAAH

MAY 7, 2023

The property boasts 148 well-appointed rooms, an array of world-class resort-style facilities, including dining, a business centre and a wide range of retail outlets. We would highly recommend STAAH for any hotel looking to streamline their online distribution, direct bookings and revenue management strategy,” adds Robert.

Overbooking

SiteMinder

JUNE 12, 2024

What is Yield Management? Yield management is a pricing and revenue management strategy that is used to maximise business performance. It involves adjusting prices based on predicted demand and other external factors to maximise revenue or yield. Revenue management is the focal point for hotels in today’s climate.

Yield Management

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.

Revenue Management

Inn Quest

SEPTEMBER 12, 2023

Food and Beverage Services: This department manages all dining and catering services within the hotel, including restaurants, room service, banquets, and bars. High-quality food and beverage services enhance the overall guest experience and can be a significant revenue generator.

Operations

STAAH

OCTOBER 15, 2024

Channel Manager Managing multiple distribution channels, from Online Travel Agents (OTAs) to direct bookings, can be complex without the right tools. A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies.

Overbooking

Hotelogix

FEBRUARY 13, 2024

Inventory and supplier management Efficiently managing inventory for dining, bars, and room amenities is vital yet challenging. Plus, it leads to complexities such as rate parity/inventory disparity, overbookings, and guest dissatisfaction.  This is a great way to sell more and increase occupancy and revenue. 

Management

SiteMinder

AUGUST 1, 2024

Here’s a comprehensive guide on how to optimise your listing effectively after logging into the Trip.com extranet: Update room availability: Use a channel manager to sync room availability across all platforms in real-time, preventing overbooking and optimising inventory. Use 360-degree virtual tours for an immersive experience.

Yield Management

Catala Consulting

FEBRUARY 24, 2025

Hotel distribution is the backbone of a successful revenue management strategy. Each of these channels plays a critical role in a hotels ability to maximize occupancy and revenue. Packaging Deals: Bundling rooms with spa treatments, dining credits, or tours to create unique offers unavailable on OTAs.

Global Distribution System

Hotelogix

MARCH 6, 2025

By establishing blackout dates, they can focus on high-revenue customers rather than discounted reservations and boost overall profits. Blackout dates are essential for efficient revenue management as they enable hotels to: Increase Earnings – By managing discounts and promotions, hotels can set higher prices during busy periods.

Occupancy