SiteMinder

JANUARY 30, 2023

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”. He also added that SiteMinder’s features allowed for improved yield management , which resulted in an increase of average daily rate (ADR) for the property.

Average Daily Rate 98

Average Daily Rate Sales Global Distribution System Management 98

Cloudbeds

FEBRUARY 28, 2024

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? Manage rates and availability in real-time.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

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

Xotels

DECEMBER 12, 2024

Article Summary What Are Hotel Distribution Channels? Use Technology Wisely: Implement tools such as channel managers and GDS platforms to streamline operations and improve efficiency. Monitor and Adapt: Regularly analyze the performance of each distribution channel using KPIs and adjust strategies based on market trends.

OTA 40

OTA Global Distribution System Revenue Revenue Management 40

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. What’s allotment ? What’s a closeout?

Management 76

Management OTA Cancellation Overbooking 76

Xotels

APRIL 3, 2024

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Article Summary: What is the Definition of Revenue Management? Why is Revenue Management Important to Hotels & Other Industries?

Revenue Management 52

Revenue Management Revenue Management Forecasting 52