STAAH

APRIL 16, 2024

Hoteliers need to employ smart strategies to optimize revenue and profitability. One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS). This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.

Revenue Management 79

Revenue Management Revenue Management Forecasting 79

Inn Quest

SEPTEMBER 5, 2023

Hotel inventory management is the process of efficiently overseeing and optimizing a hotel’s available resources including rooms, services and facilities, to maximize revenue and guest satisfaction. Food and Beverage: Restaurants, bars and room service are vital revenue streams.

Management 87

Management Overbooking Revenue Hotels 87

STAAH

OCTOBER 3, 2023

By providing real-time updates , it ensures that all connected channels reflect the most accurate and up-to-date information , preventing overbooking or underbooking while maintaining rate parity. There are many channel managers on the market. Some are suited to small properties while others are robust enough to handle even large chains.

Accommodation 80

Accommodation Management Global Distribution System OTA 80

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. This resulted in higher revenue potential and improved profitability for the hotel.

Overbooking 52

Overbooking Global Distribution System Hotels Management 52

SiteMinder

OCTOBER 23, 2023

First and foremost it will help you simultaneously distribute your rooms across online travel agents, travel agents, tourist centres, and anyone else who books rooms on behalf of guests. Its primary function is to ensure real-time updates across these channels, preventing overbookings and rate discrepancies.

Management 59

Management Global Distribution System Hotels Overbooking 59

eZee Absolute

DECEMBER 11, 2023

A hotel channel manager is a software that allows hotels like yours to manage their online inventory and rates across multiple booking channels, such as online travel agencies (OTAs), global distribution systems (GDSs), and your website as well. It maximizes the chances of getting a booking and optimizing your revenue.

Management 59

Management OTA Overbooking Global Distribution System 59

Hotelogix

OCTOBER 18, 2023

Why is a Hotel Reservation System Important for Your Business In a technology-driven era where convenience and personalized experiences are paramount, an effective hotel reservation system isn't just an option – it's an essential tool for staying competitive and thriving in the hospitality industry.

Business 40

Business Global Distribution System Cancellation Hotels 40