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

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

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

Inn Quest

APRIL 5, 2023

Anyone who has worked in the hospitality industry for a few years would enthusiastically attest to the importance of yield management in hotels, particularly in hotel revenue management. Furthermore, we will provide examples of successful yield management strategies and offer tips on how to implement them in your hotel.

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Yield Management Management Occupancy Revenue 88

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. An RMS should provide detailed insights into key performance metrics such as Room Revenue Per Available Room (RevPAR), Average Daily Rate (ADR), occupancy rates, booking pace, and revenue forecasts.

Revenue Management 79

Revenue Management Revenue Management Forecasting 79

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

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

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

Cloudbeds

APRIL 30, 2024

The answer lies in optimizing your hotel room prices. It’s the bedrock of hotel revenue management , and for good reason. If you thought your hotel didn’t need a more flexible pricing structure before, you undoubtedly started reevaluating. Why is hotel price optimization an essential pillar of revenue management?

Revenue Management 52

Revenue Management Revenue Occupancy Hotels 52

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

Hotelogix

FEBRUARY 13, 2024

Operating a large independent hotel with 200+ rooms, 4-5 in-house restaurants, a couple of gyms, spas, and gift shops is multifaceted, where precision, efficiency, and guest satisfaction are paramount. Plus, it leads to complexities such as rate parity/inventory disparity, overbookings, and guest dissatisfaction. 

Management 59

Management Hotels Revenue Management Occupancy 59

Hotelogix

MAY 16, 2024

This can be daunting, but leveraging the right technology can transform your hotel into a streamlined, guest-centric, and profitable establishment. Top 5 Tips on How to Improve Efficiency in Hotels  1. Pro tip: Implement a Hotel PMS that is easy to use.

Operations 52

Operations OTA Hotels Revenue 52

SiteMinder

SEPTEMBER 6, 2023

The online hotel booking process is how guests book and pay for a stay at your hotel. This process is made possible by your hotel’s website, open 24/7 to greet potential guests and turn their interest into confirmed stays. Table of contents Why is an online booking process important for hotels?

Hotels 98

Hotels Revenue Occupancy Services 98

Inn Quest

FEBRUARY 1, 2023

As we head into 2023, the hotel industry faces several challenges and changes that hotel managers need to be aware of to be successful. Here’s a quick guide hotelier can follow to stay successful in hotel management for 2023. Here’s a quick guide hotelier can follow to stay successful in hotel management for 2023.

Management 88

Management Consumer Hotels Overbooking 88

Inn Quest

SEPTEMBER 12, 2023

From the moment a guest walks through the doors until their departure, every aspect of their stay is carefully curated through the lenses of hotel operating systems and the adept oversight of a hotel operations manager. Human Resource Management: Managing the hotel’s workforce is essential.

Operations 88

Operations Management Revenue Revenue Management 88

Little Hotelier

MARCH 10, 2024

What is hotel sales software? Hotel sales software is a specialised tool designed for the hospitality industry to manage and optimise sales activities. By providing real-time data and analytics, it helps hotels understand market trends and customer preferences, aiding in the development of targeted sales strategies.

Hotel Sales 52

Hotel Sales Sales Revenue Management Revenue 52

SiteMinder

OCTOBER 5, 2023

Table of contents Why are hotels using Expedia Partner Central? Being part of one of the world’s leading travel marketplaces, it offers hotels the potential to connect with a vast and diverse audience. This will involve providing detailed information about your hotel, so come prepared with a full profile.

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Average Daily Rate Hotels Management OTA 59

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. What is MaxiRoom?

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Cancellation Overbooking OTA Occupancy 52

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?

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Overbooking Cancellation Occupancy Closing 52

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. Key findings from the report include: Occupancy patterns are projected to remain consistent in 2024. With demand relatively flat, hotels will need to focus efforts on growing market share and RevPAR.

Average Daily Rate 52

Average Daily Rate OTA Overbooking Travel 52

Hotel Business

APRIL 4, 2023

Tripleseat and Maestro PMS are streamlining communication to prevent operational disasters like overbooking from ever happening.” When a room is picked up in Maestro, it will update the pickup count in Tripleseat and on the hotel, resort or conference center’s guest portal. Occupancy will be reflected in pickup counts.

Forecasting 59

Forecasting Overbooking Events Sales 59

Hotelogix

NOVEMBER 30, 2023

Online Travel Agents for hotels or OTAs serve as important distribution channels for hotels. OTAs are online platforms or websites that sell hotel rooms to customers. For guests, they are like the ultimate platform to look at multiple options, compare rates, read reviews, see hotels’ online scores, etc.,

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OTA Hotels Online Sales Market 59

Little Hotelier

AUGUST 1, 2023

It’s a platform that offers a variety of travel services, including flight bookings, car rentals, and crucially for our discussion, hotel reservations. But the question on many small hotel owners’ minds is “Is Priceline legit for hotels?”. Experience the power of all-in-one hotel management.

Hotels 52

Hotels OTA Travel Overbooking 52

Hotelogix

OCTOBER 18, 2023

A hotel reservation system is far more than a booking tool. It's a comprehensive solution that empowers your hotel to optimize operations, deliver exceptional guest experiences, and thrive in a competitive industry. 

Business 40

Business Global Distribution System Cancellation Hotels 40

STAAH

NOVEMBER 8, 2022

One of the rising innovations taking off in hotel revenue management is the growing sophistication of overbooking controls, which provides hotels control over excess bookings and cancellations to fly as close as possible to 100 percent occupancy consistently. Dynamic pricing.

Revenue Management 71

Revenue Management Revenue Management Forecasting 71

Clock Software Hospitality

NOVEMBER 3, 2020

Throughout the years this has led to countless innovations in the industry, culminating with the adoption of hotel property management systems (PMS) which now act as the centre of a hotel’s daily operations. Industry innovation has allowed PMS solutions to evolve to the point where their usefulness has revolutionised hotel efficiency.

Hospitality 52

Hospitality OTA Revenue Management Hotels 52

Cloudbeds

APRIL 8, 2024

Are you wondering whether you need a hotel booking engine? Many hoteliers question if it’s worthwhile investing in a direct booking strategy or if they can solely rely on online travel agencies (OTAs) like Airbnb, Booking.com, or Trip.com to fill occupancy. Mastering the art of direct bookings is pivotal for a property’s success.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

MediaBoom

MARCH 14, 2024

In today’s swift digital landscape, hotels must adopt innovative online strategies to stand out. Marketing strategies in the hotel sector are designed to enhance brand visibility and broaden reach. However, modern travelers prioritize the experience they’ll have when booking a hotel.

Digital Marketing 64

Digital Marketing Services Market Marketing 64

AskSuite

JULY 20, 2023

The success of a hotel hinges on more than just its architecture and impeccable service, it’s about managing all moving pieces efficiently. Hotel management can be quite complex, picture the everyday hustle, ensuring each room looks spotless, managing bookings, creating new revenue opportunities….

Management 52

Management Business Upsell Marketing Strategy 52

eZee Absolute

OCTOBER 16, 2023

The main thing missing was a comprehensive hotel PMS. Turning Dreams into Reality with eZee’s Solutions Experiencing these challenges, Beach Street Eco Resort & Spa started looking for comprehensive hotel management software that could help them simplify hotel operations. Since then, their journey has been uphill.

Resorts 52

Resorts Tourism Fair Share Operations 52

Little Hotelier

JUNE 30, 2023

As an owner or manager of a small hotel, it’s vital to comprehend the cancellation policies of online travel agencies (OTAs) such as Expedia. Knowledge of Expedia’s refund policy is a crucial aspect of managing a small hotel business effectively. Why is it important for hosts to know about the Expedia refund policy?

Cancellation 52

Cancellation Revenue Revenue Management Overbooking 52

SiteMinder

AUGUST 29, 2023

What are hotel costs? For hoteliers, hotel costs encompass everything from the cost of construction, to the cost of insurance, to the everyday operational costs of establishing, running and ultimately growing a hotel business. Hotel construction costs The foundation of any hotel begins with its construction.

Revenue 52

Revenue Hotels OTA Operations 52

SiteMinder

OCTOBER 11, 2022

Technology in the hotel industry continues to advance at a rapid pace and hotel property management software (PMS) remains essential for hoteliers looking to improve how they run their business. The key to reaping the benefits of an effective hotel management software system is to select the right one for your property.

Hotels 52

Hotels Management Revenue Management Revenue 52

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Hotel Operations

FEBRUARY 12, 2023

Imagine working in operations at some of the leading hotel companies in the world, and then having the chance to start all over with a blank canvas in a role leading operations for a new brand. You would try to credit points and would need to deal with some DOS-mode hotel software. What would you do? Who said it needs to be a counter?

Operations 52

Operations Real Estate Hotels Revenue 52

Inn Quest

AUGUST 15, 2023

At a glance: – Understanding the Hotel Channel Management Landscape – What Is A Hotel Channel Manager? – Technical Features of A Hotel Channel Manager – How To Choose The Right Hotel Channel Manager For Your Hotel? – What Other Systems Can You Use With A Channel Manager At Your Hotel?

Management 52

Management Global Distribution System Overbooking OTA 52

SiteMinder

DECEMBER 7, 2023

What is hotel rate management? Hotel rate management is the process of strategically pricing rooms to attract guests while also maximising revenue. This strategy is crucial for enhancing both occupancy rates and the average daily rate (ADR), directly influencing the hotel’s financial performance.

Management 59

Management Average Daily Rate Occupancy Revenue 59