Xotels

APRIL 3, 2024

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

SiteMinder

JUNE 11, 2024

Learn more Smart solutions make difficult work easy Brady Hotels has been particularly impressed by a few of SiteMinder’s most powerful features; the Channel Manager , Insights , and Global Distribution System (GDS).

Global Distribution System 98

Global Distribution System Revenue Hotels Cancellation 98

STAAH

OCTOBER 3, 2023

Higher return on investment through the implementation of smart rates strategies via the channel management software. Channel Managers connect to hundreds of OTAs, allowing you to reach more people through one platform. STAAH MAX Channel Manager connects with 200+ global channels. Greater market reach.

Accommodation 104

Accommodation Management Global Distribution System OTA 104

Cloudbeds

FEBRUARY 28, 2024

The reservation system acts as the central hub of the reservation ecosystem, which may also include a website booking engine, channel manager, and revenue management system. When integrated, these modules work together to help hotels manage room availability, distribution, reservations, and revenue.

Revenue Management 98

Revenue Management Hotels Revenue Operations 98

Hotelogix

JANUARY 12, 2025

Whether it’s a well-crafted website, partnerships with OTAs, or engaging social media, creating a strong online footprint is how you turn searches into bookings. Online Travel Agencies: Expanding Your Reach When travelers search for a place to stay, they usually turn to Online Travel Agencies (OTAs) like Booking.com, Expedia, or Agoda.

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OTA Hotels Travel Services 52

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 Hotels 52

Xotels

DECEMBER 12, 2024

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!

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OTA Global Distribution System Revenue Revenue Management 40

Cloudbeds

JANUARY 22, 2025

Business intelligence software To improve EBITDAR, teams can use business intelligence software to collaborate, identify opportunities to reduce costs, and find ways to increase revenue. 7 tips to improve EBITDAR As a profit metric, EBITDAR can be improved in two ways: increasing revenue and reducing costs.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

Little Hotelier

OCTOBER 30, 2024

For example, if your PMS is integrated with a channel manager , the interface will ensure that when a room is booked through an OTA, your PMS updates automatically. It’s like having a smooth communication line between all your systems, keeping things running effortlessly. Streamlined operations. Cost-effectiveness.

OTA 59

OTA Motels Upsell Overbooking 59

Inn Quest

SEPTEMBER 5, 2023

Effective hotel inventory management relies on technology solutions like Property Management System s (PMS), Channel Managers, and Revenue Management Systems (RMS) to automate tasks, analyze data and make informed decisions. Implementing an RMS helps maximize revenue by adjusting rates dynamically.

Management 87

Management Overbooking Revenue Hotels 87

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management 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.

Management 76

Management OTA Cancellation Overbooking 76

eZee Absolute

OCTOBER 24, 2024

But before we get into the techie part, let’s understand what exactly hotel distribution is. In the next section, we’ll explore the first of five technologies that are transforming hotel distribution , and how they’re helping hotels stay ahead of the curve.

Hotels 59

Hotels Revenue Management Overbooking Revenue 59

Hotelogix

OCTOBER 24, 2024

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 Global Distribution Systems (GDS).

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OTA Revenue Hotels Global Distribution System 52

SiteMinder

OCTOBER 23, 2023

On the other hand, a channel manager is a more comprehensive tool designed to manage and synchronise a hotel’s inventory across multiple online distribution channels, such as online travel agencies (OTAs), global distribution systems (GDS), and direct booking platforms.

Management 59

Management Global Distribution System Hotels Overbooking 59

Cloudbeds

APRIL 2, 2024

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 revenue management system (RMS). Busy Rooms.

Revenue Management 52

Revenue Management Occupancy Revenue Hotels 52

SiteMinder

JANUARY 8, 2024

Types of hotel management If we zoom in on accommodation management, it too can be divided into a few different categories, which reflect the broad range of tasks and challenges that hotel management presents. You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR).

Operations 59

Operations Management OTA Hotels 59

SiteMinder

AUGUST 1, 2024

Sales channels: How you will determine your distribution strategy , whether it’s direct bookings, online travel agents (OTAs), or a combination of both. Pricing strategy: How you will set competitive room rates and consider implementing revenue management strategies to maximise occupancy and revenue.

Business 95

Business Revenue Hotels Occupancy 95

Fuel Travel

JULY 11, 2024

This information is sourced directly from the hotel’s property management system. 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. Reduced Dependency on OTAs Create a more balanced distribution strategy.

Upsell 52

Upsell Overbooking Hotels OTA 52

SiteMinder

OCTOBER 11, 2022

Other than the front of house managers and night managers, a hotel’s management staff go largely unseen by guests. From hiring all staff to scheduling maintenance to creating new revenue management strategies , the hotel management team is extremely busy. Operations manager. Night duty manager.

Operations 59

Operations Management Hotels Revenue Management 59

SiteMinder

JANUARY 8, 2024

Types of hotel management If we zoom in on accommodation management, it too can be divided into a few different categories, which reflect the broad range of tasks and challenges that hotel management presents. You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR).

Operations 52

Operations Management OTA Hotels 52

SiteMinder

DECEMBER 20, 2023

Execute wise revenue management One area in which technology can make you more efficient and effective is revenue management, by centralising and simplifying the collection and analysis of financial data.

Business 59

Business Hotels Management Revenue 59

Cloudbeds

OCTOBER 17, 2024

A hotel distribution strategy involves selecting and managing the different channels through which a hotel sells its rooms to potential guests. A basic strategy might involve listing your property on a few key online travel agencies (OTAs) like Airbnb and Booking.com and leaving it at that.

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OTA Occupancy Hotels Revenue 76

Catala Consulting

FEBRUARY 24, 2025

Hotel distribution is the backbone of a successful revenue management strategy. 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.

Global Distribution System 52

Global Distribution System OTA Forecasting Revenue Management 52