This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Marsden Hotel Group, owner and operator for successful 4-5 start properties across New Zealand, has teamed up with STAAH, a leading technology provider for hospitality businesses, to boost the revenue-generating capabilities of the properties in its network.
Hoteliers need to employ smart strategies to optimize revenue and profitability. One of the most powerful tools in their arsenal is a robust RevenueManagement Solution (RMS). This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.
It’s hard to imagine revenuemanagement before the advent of hotel software and systems. Thanks to these solutions, today’s revenuemanager can produce forecasts, distribute inventory and adjust rates with speed – a stark contrast to the manual and long drawn-out processes that defined the practice in the past.
Amadeus GDS is one of the hospitality industrys leading globaldistributionsystems. With connections to 400+ airlines and 50+ rail, cruise and ferry operators, Amadeus is a gateway to new revenue opportunities. What is Amadeus GDS? What is Amadeus GDS used for? Who owns Amadeus GDS?
The answer lies in the use by over 600,000 Travel Agents of one of the 4 GlobalDistributionSystems (GDS) – Sabre, Galileo, Amadeus or Worldspan. What is GlobalDistributionSystems (GDS)? What is GlobalDistributionSystems (GDS)? How Does GDS Work? How Does GDS Work?
BWH Hotels operates 10 hotels in the region, and a growing pipeline of properties, under 19 brands. President of WorldHotels and International Operations for BWH Hotels, Ron Pohl, welcomed Dong to the new position. “His “I have no doubt under his leadership the company will prosper.”
In this blog, we will delve into different aspects of hotel revenuemanagement and explore top tips and tricks to help you optimize your hotel’s revenue potential. What is RevenueManagement in Hotels?
Travelport GDS is a globaldistributionsystem vendor that connects travel service providers (hotels, airlines, car hire companies) with travel agents who book these services on behalf of their clients. The GDS can be a game-changing channel for hotel groups and chains that are looking to compete globally and expand their reach.
Brady Hotels & Apartments is an independent hotel group owned and operated out of Melbourne, Australia. We recently spoke to Alexandra Rolton , Strategic Sales & Key Account Manager , about the group’s operations and how it has been utilising SiteMinder’s platform to optimise operations and revenue strategies. “We
XOTELS – RevenueManagement eBook In the first chapter of this eBook, we will go over the definition of what is revenuemanagement in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenuemanagement to more advanced practices and strategies.
From hotels and vacation rentals to holiday apartments, properties of all types rely on channel managers to simplify operations. Choosing the best channel manager isn't just about convenience. It can directly impact revenue, guest satisfaction, and your ability to scale.
The accommodation, with more than 17 years in operation, is one of the most sought-after places worldwide, and has held the title of “World’s First Seven Star Boutique Hotel”. Just like all the very best hotels around the world, The Hanging Gardens of Bali is intent on prioritising guest experience.
Streamline Distribution to Maximize Visibility Managing your distribution channels is key to maximizing your hotel's visibility. OTAs (like Booking.com or Airbnb), your website, and other platforms (like GlobalDistributionSystems or GDS) are the places travelers look for hotels.
Revenue optimization vs revenuemanagement In terms of definition and practice, there is a difference between revenue optimization and revenuemanagement. Table of contents Why is hotel revenue optimization important? Included in this will be key metrics, forecasting models, and trending insights.
We’ll also show you how to harness this powerful technology to capture more reservations, streamline booking processes, save time and costs, and increase guest satisfaction – whether you operate a hotel, hostel, motel, B&B, or vacation rental company. What is a hotel reservation system? How do hotel reservation systems work?
EBITDAR (Earnings Before Interest, Taxes, Depreciation, Amortization, and Restructuring/Rent) is a profit metric that excludes costs not directly related to operational performance. EBITDAR is calculated using details from the income statement, which presents a company’s revenues and operating expenses over a specific period.
Other than the front of house managers and night managers, a hotel’s management staff go largely unseen by guests. However, this team is tasked with overseeing all aspects of the hotel’s operations. Again, the specific job titles and the amount of personnel within the management team will vary from hotel to hotel.
At a glance: What is Hotel Inventory Management? Managing your hotel’s inventory efficiently can significantly impact your bottom line, guest satisfaction and overall operational effectiveness. Proper allocation of rooms and resources prevents underutilization and enhances operational efficiency.
What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Hotel management made easy Streamline hotel management, boost revenue, and enhance guest experience with SiteMinder's smart platform.
Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenuemanagement. Hotels have worked with third parties such as airlines, travel agents, online travel agents (OTAs) and the GlobalDistributionSystem (GDS) for decades.
What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Hotel management made easy Streamline hotel management, boost revenue, and enhance guest experience with SiteMinder's smart platform.
Operating since 2016, the property attracts both domestic and international tourists in large numbers, thanks to high quality service alongside 4-star facilities such as the Infinity Sky Pool, ballroom & meeting room, spa, gym, and free shuttle services. It can show which source markets have high demand,” she explained.
Operating since 2016, the property attracts both domestic and international tourists in large numbers, thanks to high quality service alongside 4-star facilities such as the Infinity Sky Pool, ballroom & meeting room, spa, gym, and free shuttle services. “It can show which source markets have high demand,” she explained.
Aligned Corporate Residences is also deeply embedded in the community, hosting monthly events to foster connections among residents and collaborating with the local communities. We spoke to Toni Veljanovski , Head of Global Relationships, about what makes the group special and how SiteMinder has successfully supported its operations.
Key features to choose the right PMS integration solution Choosing the right hotel PMS integration solution is crucial for ensuring seamless operations. Look for a system that automates key operations like updating room availability, managing bookings, and processing payments. Streamlined operations.
This means using a mix of online and offline channels, like Online Travel Agents (OTAs), meta-search engines, direct bookings, reviews, GlobalDistributionSystems (GDS), and more. Hotel distribution channels are the different ways hotels sell rooms to guests.
Have you ever wondered what makes a hotels distribution strategy truly effective? Hotel distribution isnt just about listing your rooms on a few booking sites and hoping for the best. Article Summary What Are Hotel Distribution Channels? What Are Hotel Distribution Channels? Spoiler alert: this is exactly that!
It serves as a roadmap for your hotel’s success, helping you attract investors, secure funding, and make informed decisions about your operations. It’s a vital tool for any hotel owner or operator, whether you’re starting a new hotel, expanding an existing business, or improving your current operations.
But before we get into the techie part, let’s understand what exactly hotel distribution is. Simply put, hotel distribution refers to the process by which hotels make their rooms, rates, and inventory available to potential guests. Additionally, cloud computing enhances the efficiency and security of distributionoperations.
The main function of a CRS is to act as a hub for all distribution activities, including making available rooms visible across distribution channels, allowing travelers and travel agents to make reservations, and collecting booking data. The revenuemanagementsystem (RMS). Such hotels would be: Larger properties.
A Central Reservation System (CRS) helps hotels manage room availability, pricing, and bookings from different channels. These channels include Online Travel Agencies (OTAs) like Booking.com, direct bookings through the hotel’s website, and GlobalDistributionSystems (GDS).
Indirect channels, such as OTAs, metasearch sites, GlobalDistributionSystems (GDS) such as Amadeus and Sabre, travel agents, tour operators, and wholesalers, are third-party platforms that serve as intermediaries by listing hotel rooms.
For growing hospitality businesses, a channel manager is a fundamental part of successful revenuemanagement and distribution strategy. In this guide for hospitality professionals, you’ll learn all about Channel Managers, from how they work to what makes great software for your business specifically.
To ensure you’re operating at a profit, you’ll need to understand pricing at your hotel and optimise your pricing strategy so that you maximise the revenue that you generate per room and per guest. Implement efficient operational procedures The most successful hotels run like well oiled machines.
This information is sourced directly from the hotel’s property managementsystem. If the hotel is using a revenuemanagement platform, the specific rates are managed and optimized in either that system or in the PMS itself. Why it matters: Efficient channel management maximizes occupancy and revenue.
Rate Parity : Ensures that your room rates remain consistent across all distribution channels, from OTAs to your direct website. This practice simplifies revenuemanagement, builds trust with booking partners, and avoids conflicts between platforms. For more details, check out the Hotelogix Blog on Hotel Distribution Channels.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content