Hotelier Magazine

DECEMBER 17, 2024

By Eric Alister It goes without saying that Artificial Intelligence (AI) has unveiled to hotel and online-travel agency (OTA) brands the hidden powers of customer data collection for increasing operational efficiency and revenue. The post Hotels and OTAs are putting their customer data to good use appeared first on Hotelier Magazine.

OTA 52

OTA KPI Hotels Branding 52

SiteMinder

OCTOBER 9, 2023

It offers insights into room demand and helps in forecasting. Distribution channel performance is vital to know which channels (like OTAs, direct bookings) are most profitable. Average daily rate (ADR) measures the average revenue earned from each occupied room per day, shedding light on pricing strategies.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Xotels

APRIL 3, 2024

Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? The difference between Yield Management and Revenue Management is in the overall strategy, including in-depth analytics and forecasting. Revenue Management – What is the Difference?

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

SiteMinder

DECEMBER 7, 2023

It pays to obsess over long-range weather forecasts too. There’s no single KPI that perfectly describes how effective your rate management is. Software automates the distribution of rate changes to OTAs, GDS, and direct booking channels. If it’s a quiet time you can lower your rates to coax more guests in.

Management 59

Management Average Daily Rate Occupancy Revenue 59

Hotelogix

JANUARY 29, 2025

Channel manager integration : Keep Online Travel Agencies (OTAs) and your booking system in sync without effort. Revenue Management Systems (RMS) Dynamic pricing strategies Demand forecasting : Use data to predict busy periods. It's like your hotel's own superhero squad! Update once, and it's everywhere - like magic!

Management 58

Management Hospitality Hotels Services 58

Travel Media Group

MARCH 22, 2023

Rob Mangiarelli : Yeah, a lot to unpack there and I’ll preface it by saying we’ve, demonstrated our inability to forecast but what I, what I would say, let’s start with group, cause you mentioned group. So are you targeting those travelers differently? We’re a very group heavy company. The makeup of our hotels.

Hospitality 98

Hospitality Services Business Digital Marketing 98