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CBRE: U.S. hotel demand falls slightly in Q3

Hotel Business

year-over-year (YOY) and supply increased 0.5%, which led to a 1% drop in occupancy for the period. RevPAR decreased 0.3%, as the modest occupancy decline was partially offset by the rise in ADR. Occupancy rates for all location types were below 2019 levels in Q3. decrease in online travel agency (OTA) demand.

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Hotel Online Distribution Strategies for 2024 and Beyond

STAAH

Find out more on STAAH Channel Manager here Online Travel Agents (OTAs): Your online distribution strategy cannot ignore this channel. Working with multiple online travel agents (OTAs) is crucial for increasing digital distribution and overall occupancy.

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Booking channels: Complete guide for hotels

SiteMinder

They can also be known as distribution channels and are crucial for ensuring your hotel maintains a healthy occupancy rate and revenue stream. OTAs and your direct website may be your main source of reservations, but metasearch is a growing channel and the GDS is still very much relevant today.

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8 Essential Features To Consider When Choosing a Revenue Management Solution for Your Hotel

STAAH

Integration with Distribution Channels: Seamless integration with distribution channels such as online travel agents (OTAs) , global distribution system (GDS) , and direct booking channels is essential for efficient inventory management and distribution.

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What is a Hotel Channel Manager? A Comprehensive Guide

Inn Quest

Understanding the Hotel Channel Management Landscape Managing hotel bookings and distribution across multiple online travel agencies (OTAs) and booking platforms is becoming an increasingly complex and time-consuming task for hoteliers. This is why hotel channel manager software is in demand nowadays.

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Discover How Hotel Katra Residency Mastered Bookings and Inventory with eZee

eZee Absolute

They sought a solution that not only increased visibility on Online Travel Agencies (OTAs) and Global Distribution Systems (GDS) platforms but also sold the rooms at the best price and managed their inventories seamlessly. At the same time, it eliminated the risk of manual errors in inventory management.

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Hotel CRS: What it is and how it helps the bottom line

Cloudbeds

A hotel central reservation system is a core software platform that manages all reservations for a hotel and provides a centralized repository of the inventory of rooms on sale and their characteristics (e.g., room types, maximum occupancy, stay restrictions, etc.), The revenue management system (RMS).