SiteMinder

JUNE 26, 2024

Here are some of the key benefits: Increased profitability: By setting the right room rates and managing inventory effectively, hotels can maximize their revenue without necessarily sacrificing occupancy rates. Better resource allocation: Revenue management helps hotels predict staffing needs based on anticipated occupancy levels.

Revenue 72

Revenue Revenue Management Global Distribution System Upsell 72

Hotelogix

FEBRUARY 17, 2025

Global Distribution Systems (GDS) – Used mainly for corporate travel bookings. The key to higher occupancy rates and maximized revenue ? This has hotels balance higher occupancy levels with the use of OTAs. The Future of Hotel Distribution: What’s Next? Diversification across multiple channels.

OTA 40

OTA Global Distribution System Hotels Revenue 40

SiteMinder

JANUARY 14, 2025

Apollo is a global distribution system (GDS) vendor which allows travel agents to access and book inventory from hotels, airlines, car hires, and more. The corporate travel market can be a particularly valuable one to tap into, as it can be less price sensitive and can significantly boost mid-week and low season occupancy rates.

Global Distribution System 52

Global Distribution System Upsell Hotels Travel 52

Hotelogix

OCTOBER 4, 2024

Choosing the right OTA channel manager can streamline your hotel’s online distribution strategy, prevent overbookings, and boost overall profitability. This prevents overbookings and reduces manual work. Prevent Overbookings: Real-time updates reduce the risk of double bookings, ensuring a smoother guest experience.

OTA 52

OTA Management Overbooking Revenue 52

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 where a hotel channel manager comes into play.

Management 52

Management Global Distribution System Overbooking OTA 52

Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. Hotels have worked with third parties such as airlines, travel agents, online travel agents (OTAs) and the Global Distribution System (GDS) for decades.

OTA 101

OTA Hotels Revenue Marketing 101

Hotelogix

AUGUST 27, 2024

This means using a mix of online and offline channels, like Online Travel Agents (OTAs), meta-search engines, direct bookings, reviews, Global Distribution Systems (GDS), and more. Hotel distribution channels are the different ways hotels sell rooms to guests.

Global Distribution System 52

Global Distribution System OTA Revenue Cost Per Click 52

Little Hotelier

OCTOBER 30, 2024

Look for a system that automates key operations like updating room availability, managing bookings, and processing payments. This will save you from the hassle of manual updates and reduce the risk of overbookings or missed payments. This tool helps automatically adjust room rates based on demand, competition, and occupancy.

OTA 59

OTA Motels Upsell Overbooking 59

eZee Absolute

FEBRUARY 27, 2024

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.

Overbooking 52

Overbooking Global Distribution System Hotels Management 52

Fuel Travel

JULY 11, 2024

It also prevents overbooking and keeps everything in sync, allowing guests to tailor their stay preferences and enhance their experience. If the hotel is using a revenue management platform, the specific rates are managed and optimized in either that system or in the PMS itself.

Upsell 52

Upsell Overbooking Hotels OTA 52

Cloudbeds

FEBRUARY 28, 2024

The information is then populated into the PMS and distributed to the hotel’s booking channels with the help of channel management software. These channels may include the hotel’s website booking engine, online travel agencies (OTAs), the global distribution system (GDS), wholesalers, and metasearch sites.

Revenue Management 98

Revenue Management Hotels Revenue Operations 98

eZee Absolute

OCTOBER 24, 2024

Simply put, hotel distribution refers to the process by which hotels make their rooms, rates, and inventory available to potential guests. It’s a critical aspect of a hotel’s operations, as the effectiveness of this distribution directly impacts visibility, occupancy rates, and overall revenue.

Hotels 59

Hotels Revenue Management Overbooking Revenue 59

Hotelogix

OCTOBER 24, 2024

These channels include Online Travel Agencies (OTAs) like Booking.com, direct bookings through the hotel’s website, and Global Distribution Systems (GDS). A CRS hotel system makes sure that all room inventory and pricing are updated in real time.  Read More on How a CRS system help hotels?

OTA 52

OTA Revenue Hotels Global Distribution System 52

SiteMinder

MARCH 16, 2023

Benefits of Reservation System for Hotels A hotel reservation system software is the helping hand you need to keep your occupancy up, even during the slow times and make sure everything is running smoothly. With a hotel reservation system in place, all live rates and availability are automatically updated by the software.

Overbooking 52

Overbooking Hotels Accommodation Global Distribution System 52

Cloudbeds

APRIL 2, 2024

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).

Revenue Management 52

Revenue Management Occupancy Revenue Hotels 52

Cloudbeds

JULY 15, 2023

And even then, manually-managed distribution is risky: any delays in updating rates and availability on a channel’s extranet could mean selling a room that isn’t available or selling at a lower rate, which can lead to overbooking and sub-optimal yield management. With advanced channel management connections, the update is fast.

Management 76

Management OTA Cancellation Overbooking 76

Hotelogix

OCTOBER 18, 2023

Ensures Real-time Availability A reservation system provides accurate, up-to-date information about room availability. This prevents overbookings, eliminates misunderstandings, and ensures that guests receive precise information when making reservations. This leads to better utilization of room inventory and maximizes occupancy rates.

Business 40

Business Global Distribution System Cancellation Hotels 40

Hotelogix

JANUARY 12, 2025

Avoid overbooking by ensuring availability updates are instant. Hotels can strengthen their distribution strategy, boost occupancy rates, and cultivate better relationships with travel agencies by incorporating travel agency functions into the Hotelogix Property Management System (PMS).

OTA 52

OTA Hotels Travel Services 52

Catala Consulting

FEBRUARY 24, 2025

In todays digital landscape, travellers have countless ways to book a hoteldirect websites, online travel agencies (OTAs), global distribution systems (GDS), metasearch engines, and even social media platforms. Each of these channels plays a critical role in a hotels ability to maximize occupancy and revenue.

Global Distribution System 52

Global Distribution System OTA Forecasting Revenue Management 52