STAAH

FEBRUARY 6, 2024

Overbooking can be a cost-effective strategy if implemented correctly. What is a hotel overbooking strategy? The hotel overbooking strategy is a revenue management technique that hotels use to maximise occupancy and revenue. Tips to make your overbooking strategy a success 1) Be data-driven in your approach.

Overbooking 89

Overbooking Cancellation Upsell Revenue 89

eHotelier

FEBRUARY 23, 2024

Managing a profitable hotel requires a careful eye on your inventory. However, spoilage, overbooking, and overselling can also wreck your profits. You don’t want to sell your rooms too early at reduced rates because such spillage can drain your revenue.

Revenue 116

Revenue Revenue Management Overbooking Management 116

eHotelier

FEBRUARY 20, 2024

Managing a profitable hotel requires a careful eye on your inventory. However, spoilage, overbooking, and overselling can also wreck your profits. You don’t want to sell your rooms too early at reduced rates because such spillage can drain your revenue.

Revenue 52

Revenue Revenue Management Overbooking Management 52

Refine

JUNE 16, 2023

Analyses showed that hotels with a solid revenue management strategy came out of the Covid-19 crisis better than hotels without. In this article, you’ll learn how successful hoteliers handle pricing strategies during the post-covid era, and how to deal with spillage, spoilage, overbooking, and overselling.

Overbooking 89

Overbooking Revenue Management Revenue Management 89

Inn Quest

SEPTEMBER 5, 2023

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. Firstly, What is Hotel Inventory Management? Let’s get started! Inventory here includes food, beverages, and kitchen equipment.

Management 87

Management Overbooking Revenue Hotels 87

Refine

FEBRUARY 18, 2024

Hotel Distribution Channel Manager A hotel distribution channel manager is a vital tool for hotels to manage and distribute their room inventory across various online booking platforms efficiently. It synchronizes data like rates and availability, reducing overbookings and discrepancies. appeared first on Revfine.com.

Overbooking 40

Overbooking Management Revenue Hotels 40

Hotel News Resource

DECEMBER 7, 2023

When we think about revenue management, we often think of large cities, overbookings, big box hotels and a competitive marketplace. We don't typically think of a 44-room inn located in a remote destination.

Overbooking 45

Overbooking Revenue Management Revenue Management 45

SiteMinder

OCTOBER 26, 2022

In the digital age managing hotels has a new set of challenges, especially the need to stay alert with room availability & price adjustment while managing online travel agents (OTA). Things get harder when everything needs to be done manually, and the chance of overbooking is high. The challenges of managing online room allotment.

Resorts 105

Resorts Overbooking OTA Management 105

STAAH

MAY 5, 2024

The powerful, but easy-to-use, features of STAAH have resulted in significant increase in online reach and revenue for the northeast Indian hotel. Coordinating availability across multiple channels was a cumbersome task, often leading to overbookings or missed opportunities. This timely support continues to date.

Management 87

Management Overbooking Revenue Hotels 87

STAAH

JUNE 11, 2023

STAAH helps Bernardos Lantia Hotel expand its online reach, reduce admin time and boost bookings. Located in Basco, Bernardo’s Lantia Hotel offers three-star accommodation to visitors who come to enjoy the pastoral landscape of Batan Island. The hotel leverages the scenic locales of the island to attract leisure guests.

Overbooking 86

Overbooking OTA Revenue Hotels 86

eZee Absolute

DECEMBER 7, 2023

Revenue management (RM) is supremely necessary for hotels. While many hotels are making the best out of it to boost their bottom line, some are still thinking of it as a mythical unicorn. I kid you not, most of the hotels refrain from opting for any sort of revenue management services. Who is to blame for it?

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

SiteMinder

NOVEMBER 15, 2022

Hotel overbookings can be a divisive topic. However, you can minimise the risk of having to walk travellers if you have a solid overbooking strategy. However, you can minimise the risk of having to walk travellers if you have a solid overbooking strategy. What is the definition of overbooking for a hotel?

Overbooking 52

Overbooking Cancellation Occupancy Closing 52

SiteMinder

SEPTEMBER 6, 2023

While they can be a wild card in the hotel management game, they offer a unique opportunity to maximise occupancy and revenue. However, they do require a level of agility and real-time responsiveness from the hotel’s end to ensure a seamless guest experience. Many hotels are still operating on an inventory allocation model.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

STAAH

MARCH 31, 2024

In a complex hotel distribution world, STAAH made things simple. Five decades of service Sunshine Hotels and Resorts is a Pattaya-based hospitality group with more than 50 years of experience in hotel management. Delayed and failed updates to rates and availability was a common occurrence resulting in overbookings.

Resorts 89

Resorts Overbooking Hotels Revenue 89

SiteMinder

DECEMBER 12, 2023

Nestled on a serene 17-hectare peninsula bordering the idyllic Tuyen Lam Lake, a mere six kilometres from the heart of Dalat City, T erracotta Hotel & Resort is a harmonious blend of modern architectural elegance and the enchanting ambiance of pine forests and misty mountains. The team was also able to increase direct bookings by 50%.

Resorts 105

Resorts OTA Overbooking Hotels 105

Hotelogix

APRIL 18, 2024

Hotels never sleep, and at times neither do hoteliers. For instance, a business that has just started is focused on making money immediately whereas a more established hotel business with steady revenues would concentrate on its reputation. And it's not just the 24/7 nature of the job that keeps them up.

OTA 52

OTA Overbooking Cancellation Business 52

SiteMinder

DECEMBER 3, 2023

Barcelona, Spain – Hotel reservations in Spain have grown by 37% compared to the start of December 2019, according to data from SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels.

Overbooking 59

Overbooking Revenue Hotels Accommodation 59

Hotelogix

DECEMBER 7, 2023

To be very precise, it has shaped the way guests book their accommodations at hotels. This is the primary reason why as a hotelier, you should know how to select the right OTAs for your hotel. Hotels list their properties - rates, and availability on them.   Why should you partner with OTAs? Here’s a reality check!

OTA 107

OTA Overbooking ROI Hotels 107

SiteMinder

JANUARY 30, 2023

Hanging Gardens of Bali is a luxury hotel nestled amidst Bali’s vast jungle landscape. 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”. Fortunately, SiteMinder was able to change this.

Average Daily Rate 98

Average Daily Rate Global Distribution System Management Sales 98

STAAH

APRIL 16, 2024

To help you navigate this decision-making process, let’s explore the essential features to consider when selecting an RMS for your hotel. Scalability and Flexibility: As your hotel grows, so should your RMS. However, with numerous options available, choosing the right RMS can be daunting.

Revenue Management 79

Revenue Management Revenue Management Forecasting 79

Little Hotelier

JULY 31, 2023

MaxiRoom is a free hotel extranet launched by the Hotelbeds Group, the world’s leading bedbank , in 2015. It’s designed to maximise hotel occupancy through its distribution channels. MaxiRoom is more than just a hotel extranet. This ensures that your inventory is always up-to-date, reducing the risk of overbooking.

Cancellation 52

Cancellation Overbooking OTA Occupancy 52

SiteMinder

OCTOBER 10, 2023

By enabling real-time synchronisation of inventory and rates, a TripAdvisor channel manager (like SiteMinder) serves as a conduit between your hotel’s management system and TripAdvisor’s booking engine. Additionally, efficiency is the cornerstone of effective hotel management.

Management 52

Management Overbooking Hotels Revenue 52

eZee Absolute

FEBRUARY 27, 2024

Nestled amidst the breathtaking landscapes of Katra, Jammu and Kashmir, lies Hotel Katra Residency. With its proximity to the revered Vaishno Devi temple, the hotel has established itself as a leading choice, offering unparalleled comfort and convenience to visitors. However, behind every success story lie challenges to overcome.

Overbooking 52

Overbooking Global Distribution System Hotels Management 52

Hotel Business

MARCH 14, 2024

Hotel technology provider Maestro has unveiled its roadmap of technology innovations the company is planning to launch this year. AI-powered chatbots & booking engine According to Maestro, AI is poised to revolutionize the hotel booking engine process, offering enhanced personalization, efficiency and customer satisfaction.

Overbooking 59

Overbooking Revenue Upsell Forecasting 59

SiteMinder

APRIL 28, 2022

San Francisco is no stranger to visitors, and The Dylan Hotel at SFO caters to every kind. The 58 room hotel has a number of appealing features, including its proximity to San Francisco International Airport and transport links into the city, tour options, and its ability to provide a modern, comfortable space for a variety of guests.

Overbooking 52

Overbooking OTA Occupancy Hotels 52

Little Hotelier

FEBRUARY 28, 2024

During a holiday in December 2023, Gloria discovered Little Hotelier: “By chance, I stayed at a hotel in Namibia that used Little Hotelier. “But despite my best efforts, I struggled with double bookings, overbooking and lost reservations,” she recounts. It was simple, organised and professional. That’s a huge relief.”

Operations 52

Operations Business Overbooking OTA 52

SiteMinder

MAY 2, 2023

Town Hotel is located in a quiet side street only a short walk from all these sights. With only 24 rooms it is one of the few family-owned hotels in town that has earned a reputation for personal and attentive service. Now these processes have become a lot more efficient at Town Hotel. We save two hours a day using SiteMinder.

Overbooking 97

Overbooking Online Sales Hotels OTA 97

SiteMinder

DECEMBER 12, 2023

Golden Lisbon Hotel is an elegant 4-star hotel located in the neighbourhood of Chiado, Lisbon. Success is sustained with the right technology Golden Lisbon Hotel is now a proud customer of SiteMinder , the world’s leading hotel commerce platform, and it was a desire for growth and improvement that inspired the change. “We

Revenue 52

Revenue Overbooking General Manager Hotels 52

Inn Quest

AUGUST 8, 2023

When it comes to hotel businesses, one must continuously strive to achieve a balance between the customer experience and pricing. Hotels follow different pricing strategies to get there and seasonal pricing remains one of the most important. In this blog, we have curated the top 4 benefits of seasonal pricing for hotels.

Overbooking 88

Overbooking Hotels Occupancy Revenue 88

Little Hotelier

JULY 20, 2023

Hence the need for a solution dedicated to small properties to simplify and improve daily operations, integrate all channels, and remove overbookings and human errors. In this way, we can provide them with all the necessary information before the arrival, concentrating the reception efforts”.

Management 75

Management Overbooking OTA Small Business 75

SiteMinder

NOVEMBER 23, 2022

Qunci Villas is one of the pioneer boutique hotels in Lombok that has been in business since July 2003. The hotel was designed by Dutch architect, Joost van Grieken, which limits its carbon footprint by using natural materials such as stone and wood. This directly helps save the hotel’s staff time and resources. “We

Overbooking 105

Overbooking Hotels Revenue Consumer 105

Little Hotelier

OCTOBER 11, 2023

Peak season in hotel industry parlance refers to the times of year that are most popular amongst guests, and are therefore the times of year that your room rates are at their highest and your property is at its fullest. Learn more When is peak travel season for hotels? What is peak season? To answer the question “when is peak season?”,

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

eZee Absolute

DECEMBER 11, 2023

Imagine you have 25 rooms to manage in your bustling hotel. Now, imagine the chaos if you had to manually keep track of bookings, room availability, and rates across all the online platforms your hotel is listed on. Well, that’s where your trusty sidekick in this digital world comes in – the hotel channel manager.

Management 59

Management OTA Overbooking Global Distribution System 59

Inn Quest

OCTOBER 3, 2023

The hospitality industry is a highly dynamic field, and hotels are constantly looking for ways to improve the client experience and streamline their processes. This blog explores how integrated solutions play a pivotal role in simplifying hotel payment processes and why they are crucial in today’s competitive landscape.

Hotels 88

Hotels Overbooking Marketing Strategy Revenue Management 88

SiteMinder

NOVEMBER 17, 2023

Set in an 18th-century Irish manor with all the trappings of an intimate castle, the four-star Abbey Hotel Roscommon invites guests to soak up its traditional welcoming old-world charm while enjoying legendary hospitality and service. The Grealy Family have been hosting weddings and events at the Abbey Hotel since 1963.

Overbooking 69

Overbooking Closing Hotels Revenue Management 69

Cloudbeds

FEBRUARY 26, 2024

Unplanned overbookings, front desks staffed 24/7, and marketing or finance degrees to optimize revenue will soon be a thing of the past. With demand relatively flat, hotels will need to focus efforts on growing market share and RevPAR. So are siloed and disparate legacy systems. For more information, visit www.cloudbeds.com.

Average Daily Rate 52

Average Daily Rate OTA Overbooking Travel 52

SiteMinder

OCTOBER 26, 2023

Dallas, USA – Brittain Resorts & Hotels (BRH), a leading full-service hospitality management company, has adopted SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, as part of its newly-announced business intelligence technology matrix.

Revenue Management 81

Revenue Management Revenue Resorts Management 81