Hotel Business

NOVEMBER 10, 2023

While consumer spending remained strong, competition from other lodging sources like short-term rentals and cruise lines, as well as increased outbound international travel, stifled hotel demand and pricing power in Q3. Several smaller secondary markets in the South and Midwest were among the strongest RevPAR performers relative to 2019.

Global Distribution System 59

Global Distribution System Occupancy OTA Consumer 59

STAAH

SEPTEMBER 5, 2023

The strategic adoption of channel management technology has become essential for hotels to remain visible to modern travelers. Let’s explore the various types of online distribution that every hospitality industry should embrace to maintain their prominence in the eyes of potential guests.

Hospitality 88

Hospitality Global Distribution System OTA Accommodation 88

Hotel Speak

MARCH 13, 2024

There are several key reasons why defining and optimizing your distribution strategy is essential: Increased efficiency and cost savings: The right distribution model minimizes unnecessary steps in the supply chain, eliminates waste, and consolidates processes for significant cost savings.

Global Distribution System 79

Global Distribution System Retail Shopping Consumer 79

Boutique Hotel News

FEBRUARY 17, 2023

By partnering with GIATA, HotelPORT will be able to offer its hotel clients a broader overview of hotel information across key global digital touch points, including OTAs, tour operators and more. ” GIATA, headquartered in Berlin, provides distribution solutions for non-bookable content.

Global Distribution System 52

Global Distribution System OTA Operations Travel 52

SiteMinder

FEBRUARY 13, 2023

SiteMinder’s new Hotel Booking Trends report, the only hotel commerce data analysis of more than 35,000 hotels and 450+ connected booking integrations, has revealed travellers booked their trips on average eight days earlier, and cancelled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Average Length of Stay 52

Average Length of Stay Average Daily Rate Travel Global Distribution System 52

STAAH

APRIL 16, 2024

Look for a solution that utilizes sophisticated algorithms to analyze market demand, competitor pricing, booking patterns , and other relevant factors in real-time. This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.

Revenue Management 79

Revenue Management Revenue Management Forecasting 79

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. This is why hotel channel manager software is in demand nowadays.

Management 52

Management Global Distribution System Overbooking OTA 52

STAAH

OCTOBER 3, 2023

There are many channel managers on the market. Greater market reach. Channel Managers connect to hundreds of OTAs, allowing you to reach more people through one platform. STAAH MAX Channel Manager connects with 200+ global channels. Find all integrations here Reduction in errors.

Accommodation 80

Accommodation Management Global Distribution System OTA 80

eHotelier

DECEMBER 7, 2022

New agreement will enable the online travel agent (OTA), which is rapidly growing in the Japanese market, to capitalize on Sabre’s advanced shopping algorithms and rich content.

OTA 52

OTA Shopping Travel Market 52

STAAH

JUNE 6, 2023

If you are a smart hotelier or any type of accommodation provider, you would not want to miss the chance of converting your website visitors from an OTA (or any other source) and bag the commission-free direct bookings. To make this possible having a robust online booking system is really important to help you reach your revenue goals.

Cancellation 72

Cancellation OTA Global Distribution System Revenue 72

Amadeus Hospitality

APRIL 23, 2024

As a result , new global research from Amadeus has revealed a strong appetite to spend. Nearly all (91%) travel companies surveyed say they expect ‘moderate to aggressive’ increases in investment in their organizations in 2024. Plus, how can hoteliers know if their efforts are truly resonating with the people they are trying to reach?

Upsell 52

Upsell Global Distribution System Hotels Shopping 52

SiteMinder

FEBRUARY 28, 2023

Many parts of the world are excited about the prospect of travellers from mainland China returning to their shores but, while your hotel can certainly benefit from the opportunity, there are no simple answers when it comes to planning and preparing for this. It also allowed citizens to travel during the Lunar New Year celebrations.

Tourism 105

Tourism Travel Accommodation OTA 105

eZee Absolute

DECEMBER 11, 2023

A hotel channel manager is a software that allows hotels like yours to manage their online inventory and rates across multiple booking channels, such as online travel agencies (OTAs), global distribution systems (GDSs), and your website as well. There are many channel managers in the market. It’s a win-win!

Management 59

Management OTA Overbooking Global Distribution System 59

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. Generate more revenue.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

eZee Absolute

FEBRUARY 27, 2024

With pilgrims flocking to the region year-round, hotels must navigate a bustling market to attract guests. Hotel Katra Residency, amidst this busy landscape, faced a dual challenge: maximising online visibility and standing out in a crowded market. At the same time, it eliminated the risk of manual errors in inventory management.

Overbooking 52

Overbooking Global Distribution System Hotels Management 52

Cloudbeds

APRIL 2, 2024

The number of booking channels lodging businesses must manage has expanded exponentially, from their website to online travel agencies , bed banks, GDS’, and metasearch engines. The most effective distribution strategies in the hospitality industry are dynamic. The customer relationship management system (CRM).

Revenue Management 52

Revenue Management Occupancy Revenue Hotels 52

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! Channel Management is the process of actively managing the distribution of rates and availability onto multiple online distribution sites.

Management 76

Management OTA Cancellation Overbooking 76

SiteMinder

JANUARY 8, 2024

This can involve the management of anything related to the hotel industry and requires knowledge of distribution strategy, finance and accounts, customer service, staff management, marketing, catering management, hotel administration and more. It can take time to get everything right and as we can see there’s a lot to be aware of.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

This can involve the management of anything related to the hotel industry and requires knowledge of distribution strategy, finance and accounts, customer service, staff management, marketing, catering management, hotel administration and more. It can take time to get everything right and as we can see there’s a lot to be aware of.

Operations 52

Operations Management OTA Hotels 52

SiteMinder

OCTOBER 23, 2023

First and foremost it will help you simultaneously distribute your rooms across online travel agents, travel agents, tourist centres, and anyone else who books rooms on behalf of guests. TravelClick Clean, basic channel manager that is suitable for starter hotels that want solid market intelligence capability.

Management 59

Management Global Distribution System Hotels Overbooking 59

Inn Quest

SEPTEMBER 5, 2023

Use a Channel Manager: A channel manager ensures that your room availability and rates are consistent across various online booking channels, including your website, OTAs (Online Travel Agencies), and GDS (Global Distribution Systems). This prevents overbooking and rate disparities, enhancing the guest experience.

Management 87

Management Overbooking Revenue Hotels 87

Hotelogix

OCTOBER 18, 2023

Provides Multi-channel Distribution Integration with various distribution channels like online travel agencies OTAs and global distribution systems GDS expands your hotel's reach to a worldwide audience. This increases visibility, boosts bookings, and helps hotels tap into new markets.

Business 40

Business Global Distribution System Cancellation Hotels 40

Xotels

APRIL 3, 2024

Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? Always be ready to shift to any unexpected changes – being agile is what gets you ahead of the competition and allows you to be a market leader.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

SiteMinder

DECEMBER 20, 2023

Corporate leaders also rank reputation as their most valuable asset and the World Economic Forum estimates that 25% of a company’s market value is directly related to its reputation. Consider working with influencers or travel bloggers to extend your reach. Get a better understanding of your ideal guests and guest segments.

Business 59

Business Hotels Management Revenue 59

SiteMinder

MARCH 16, 2023

Without a hotel reservation system, it’s hard to know how many guests are travelling, what their interests are, what amenities they prefer, how old they are, where they’re coming from, why they’re visiting your destination, and so forth.

Overbooking 52

Overbooking Hotels Accommodation Global Distribution System 52