Boutique Hotel News

MARCH 3, 2023

Despite the announcement, the San Francisco-based firm maintained its optimism and confidence about the future of travel and long-term sustainable growth, as Sonder prioritises increasing its cash flow and “expanding into new industry segments”. At the same time, Sonder reported an increase in Q4 revenue from $86.7 billion.

Global Distribution System 52

Global Distribution System Occupancy Travel Closing 52

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Table of contents Hotel statistics that matter in 2024 The travel industry is set for strong recovery in 2024 , which is good news for hoteliers, with some positive statistics already showing up.

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

STAAH

FEBRUARY 7, 2023

As the markets have opened up and travel continues to rise, Hoteliers should not ignore this important market segment – Corporate clients to maximize occupancy and revenue. 5) Partner with travel management companies: Establish relationships with travel management companies (TMCs) that specialize in corporate travel.

Global Distribution System 69

Global Distribution System Digital Marketing Events Hotels 69

Amadeus Hospitality

MAY 29, 2023

In addition to driving demand with business intelligence, Quest also recently renewed its Travel Seller Media campaign with Amadeus for 2023, to run ads and increase bookings through the GDS channel.

Business 52

Business Global Distribution System Travel General Manager 52

Amadeus Hospitality

DECEMBER 14, 2022

Similarly, Amadeus’ Agency360 data demonstrates that hotel room nights booked on global distribution systems (GDSs) for corporate travel have also increased during 2022 and are rapidly closing in on pre-pandemic rates. This welcome resurgence of travel should not just be looked at in isolation.

Global Distribution System 52

Global Distribution System Scale Travel Business 52

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

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

Amadeus Hospitality

SEPTEMBER 6, 2023

Originally pubilshed on PhocusWire Positive momentum continues for the travel industry as global hotel occupancies rapidly return to 2019 levels, with many key destinations having already surpassed pre-pandemic performance this year, according to Amadeus’ Demand360 ® data.

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Average Daily Rate Global Distribution System Hotels Revenue 52

Hotelogix

OCTOBER 18, 2023

Efficient Room Allocation Hotel Reservation Systems helps your hotel optimize room allocation based on real-time availability and guest preferences. This leads to better utilization of room inventory and maximizes occupancy rates. This data allows hotels to adjust rates for peak and off-peak periods, optimizing revenue generation.

Business 40

Business Global Distribution System Cancellation Hotels 40

SiteMinder

JANUARY 8, 2024

There are always new strategies, traveller preferences, or industry technologies emerging to keep track of. From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. Alternate operations in hospitality often rely on the success of the travel and tourism sector.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

There are always new strategies, traveller preferences, or industry technologies emerging to keep track of. From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. Alternate operations in hospitality often rely on the success of the travel and tourism sector.

Operations 52

Operations Management OTA Hotels 52

Amadeus Hospitality

SEPTEMBER 13, 2023

Originally published to Amadeus Insights By: Mirja Sickel, Vice President, Hospitality Distribution, Amadeus 2023 is proving to be an exciting year for travel sellers. As travel returns, traveler expectations are evolving, and travel sellers need to be aware of this shift.

Travel 59

Travel Global Distribution System Display Ads Retail 59

Xotels

APRIL 3, 2024

Advance Sales: The hotel product, represented by rooms, can be sold in advance, enabling revenue managers to strategically plan and optimize occupancy levels over time. The main distribution channels are: Groups: Private groups, Schools, event planners, travel planners, etc. Need more tips on distribution?

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

STAAH

JANUARY 2, 2024

Importance of Online Distribution: Online distribution is crucial for hoteliers in the digital age and cannot be ignored. With the majority of travelers turning to online platforms to research, compare, and book accommodations, a robust online distribution strategy becomes indispensable.

Global Distribution System 79

Global Distribution System OTA Hotels Accommodation 79

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. room types, maximum occupancy, stay restrictions, etc.),

Revenue Management 52

Revenue Management Occupancy Revenue Hotels 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.

Management 52

Management Global Distribution System Overbooking OTA 52

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

SiteMinder

DECEMBER 20, 2023

Simply multiply your predicted average daily rate (ADR) by your occupancy rate. Consider working with influencers or travel bloggers to extend your reach. RevPAR , or revenue per available room, is one the easiest ways to predict revenue for a hotel. Get a better understanding of your ideal guests and guest segments.

Business 59

Business Hotels Management Revenue 59

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. It is the easiest way to increase productivity when you manage a hotel or any other type of accommodation.

Overbooking 52

Overbooking Hotels Accommodation Global Distribution System 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