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.

Yield Management 88

Yield Management Management Occupancy Revenue 88

Hotelogix

FEBRUARY 13, 2024

This exploration delves into the intricate operational requirements of large hotels, the pitfalls of wrong management practices - either manually or via outdated on-premises solutions, and how a cloud-based hotel management software or a hotel property management system (Hotel PMS) acts as a savior, ensuring a seamless performance across the board.

Management 59

Management Hotels Revenue Management Occupancy 59

Little Hotelier

APRIL 10, 2024

Automation brings freedom and peace of mind Even with just four glamping pods, having software in place to manage day-to-day tasks is crucial for time management and revenue optimisation. In the summer season, Hillside Haven experiences about 90% occupancy. “At Tracy states that Little Hotelier has been invaluable. “It

Revenue 52

Revenue Management Small Business OTA 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

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

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. Hotel managers must get creative and think outside the box when creating new and exciting offerings for their guests. One way to do this is by incorporating new technologies and trends into your hotel.

Management 88

Management Consumer Hotels Overbooking 88

SiteMinder

JANUARY 21, 2024

Front Office Manager, plays a pivotal role in ensuring every customer’s experience is unforgettable. Sophin explained that some key essentials of property management were made more difficult without the help of technology. Sophin Kumpal , Asst. Table of contents Reservation challenges before joining SiteMinder Ms.

Resorts 52

Resorts Overbooking OTA Occupancy 52

STAAH

OCTOBER 15, 2023

India’s Rudraksh Club & Resort improves bookings effectiveness and efficiency with the STAAH channel manager and hasn’t looked back since. Prior to STAAH, the process for the Rudraksh team was very manual; managing each channel individually. This led to rate disparity, overbooking and inventory discrepancies.

Overbooking 83

Overbooking Occupancy Accommodation Resorts 83

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. Last-minute hotel room bookings have a range of benefits including: Maximised occupancy : Filling rooms at the eleventh hour ensures that you’re making the most of your available inventory.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

STAAH

NOVEMBER 8, 2022

Like many other areas in travel and hospitality, revenue management has dramatically changed in the last two years. We spoke to leading revenue managers on what they think lies ahead. Revenue managers have had to up their ante on monitoring local trends and populace segments to get a better understanding of demand.

Revenue Management 72

Revenue Management Revenue Management Forecasting 72

eZee Absolute

FEBRUARY 27, 2024

They needed a tool to manage their inventories while simultaneously capturing the attention of the pilgrims seeking a comfortable stay. This streamlined approach minimized the risk of overbooking or underbooking, ensuring optimal occupancy rates year-round.

Overbooking 52

Overbooking Global Distribution System Hotels Management 52

Inn Quest

AUGUST 8, 2023

Offering competitive rates during off-peak seasons allows hotels to remain active in the market and attract guests even when other competitors might be struggling to maintain occupancy. Improved Inventory Management: Implementing seasonal pricing allows hotels to manage their inventory more efficiently.

Overbooking 88

Overbooking Hotels Occupancy Revenue 88

Little Hotelier

OCTOBER 11, 2023

This is exciting for your business because it presents an opportunity to push the limits of your occupancy and cash-in on increased revenue. Strategies to prepare for peak season in the hotel industry When peak season is just around the corner, it’s exciting – you’re looking forward to welcoming guests and having full occupancy.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

SiteMinder

MAY 2, 2023

More efficient processes make things easier for staff When the travel industry came to an abrupt halt during the pandemic, Matthias and Tom used the break to implement new systems, including a cloud-based PMS and SiteMinder’s channel manager. “We We used to manually manage our profiles and rates across different OTAs and our website.

Overbooking 97

Overbooking Online Sales Hotels OTA 97

Little Hotelier

JULY 31, 2023

It’s designed to maximise hotel occupancy through its distribution channels. It’s a powerful tool that can help you drive maximum occupancy and increase your hotel’s visibility. Promotion manager : With MaxiRoom, you can launch your own offers directly and dynamically at any time. What is MaxiRoom?

Cancellation 52

Cancellation Overbooking OTA Occupancy 52

STAAH

AUGUST 20, 2023

They wanted a platform that was fast and performant – quickly updating inventory and rates across multiple online channels, minimising errors and overbooking. The resort signed up to the STAAH Channel Manager , combining its prowess with the STAAH Booking Engine to grow high-yielding direct bookings. Wins all around!

Revenue 77

Revenue Overbooking Resorts Occupancy 77

Cloudbeds

APRIL 30, 2024

It’s the bedrock of hotel revenue management , and for good reason. The glaring issue with older revenue management strategies like these is that by selling at flat rates for the majority of the time, you are ignoring market conditions, competitor rates, market data, and variable demand. Maximizing occupancy.

Revenue Management 52

Revenue Management Revenue Occupancy Hotels 52

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

Cloudbeds

FEBRUARY 26, 2024

San Diego, CA, February 28, 2024 – Cloudbeds , the hospitality management platform powering more reservations and happier guests for independent lodging businesses around the globe, today released its 2024 State of Independent Lodging Report. Key findings from the report include: Occupancy patterns are projected to remain consistent in 2024.

Average Daily Rate 52

Average Daily Rate OTA Overbooking Travel 52

SiteMinder

APRIL 28, 2022

Owner, Christina Ongerth, reports that the reason she chose to use this feature is because it is “a website builder that is specifically for hotels and is easy to use and manage.” One of these is overbookings. Ultimately increasing my occupancy and avoiding overselling.”.

Overbooking 52

Overbooking OTA Occupancy Hotels 52

Hotel Business

APRIL 4, 2023

Maestro PMS has formed an integration partnership with web-based sales and event management platform Tripleseat. Together, we are enabling group sales and catering teams to book, manage and plan guestroom blocks and share that information with Maestro PMS for fast and accurate booking and billing. Pickup updates occur in real-time.

Forecasting 59

Forecasting Overbooking Events Sales 59

Little Hotelier

JANUARY 11, 2024

Maneerat Wiriyarat , the owner of Long N Joy Samui Apartment Service , about the history of the business and the beginnings of using Little Hotelier technology to manage the property. “We We were searching for a system to help manage everything, and we came across Little Hotelier, an all-inclusive solution,” she continued.

Services 59

Services Accommodation Overbooking OTA 59

SiteMinder

OCTOBER 5, 2023

It offers a suite of tools that allow you to manage your Expedia listings across various online travel agencies (OTAs) that are part of the Expedia Group. It allows you to manage bookings, adjust nightly rates, availability, and streamline inventory management. A particularly useful feature is the rate management tool.

Average Daily Rate 59

Average Daily Rate Hotels Management OTA 59

Little Hotelier

MARCH 10, 2024

Hotel sales software is a specialised tool designed for the hospitality industry to manage and optimise sales activities. The software supports various functions, including reservation management, rate setting, and sales forecasting, facilitating a more organised and strategic approach to selling rooms and services.

Hotel Sales 52

Hotel Sales Sales Revenue Management Revenue 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?

Overbooking 52

Overbooking Cancellation Occupancy Closing 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

Cloudbeds

APRIL 8, 2024

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. Integrated booking engines come equipped with in-depth reporting capabilities since data is centralized from your PMS and channel manager.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

SiteMinder

SEPTEMBER 6, 2023

Your hotel management software will keep everything in sync, so what guests see online is always up-to-date. Reduced workload Gone are the days of manual booking management. This efficiency not only reduces operational costs but also minimises the risk of overbooking or scheduling conflicts.

Hotels 98

Hotels Revenue Occupancy Services 98

eZee Absolute

OCTOBER 16, 2023

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. With a more efficient booking process, the resort achieved higher occupancy rates and a substantial boost in income.

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. This understanding is key to efficiently managing your bookings, enhancing the satisfaction of your guests, and optimising your revenue management.

Cancellation 52

Cancellation Revenue Revenue Management Overbooking 52

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. Manage Room Inventory Your hotel’s occupancy is the main metric by which you judge how well your business is doing at the moment.

Hospitality 52

Hospitality OTA Revenue Management Hotels 52

Hotelogix

OCTOBER 18, 2023

  As technology continues to reshape the hospitality landscape, the importance of an effective reservation system cannot be overstated—it's the key to unlocking efficiency and excellence in modern hotel management. This leads to better utilization of room inventory and maximizes occupancy rates.

Business 40

Business Global Distribution System Cancellation Hotels 40

Cloudbeds

JUNE 8, 2023

From increasing occupancy to generating direct bookings and increasing ADR, lodging operators have a lot on their plate. This year, more properties will invest in technology to help create new revenue opportunities, build better websites , manage marketing campaigns, automate services, and improve the guest experience. in revenue.

Management 98

Management Hotels Revenue Digital Marketing 98

Little Hotelier

AUGUST 1, 2023

Get the right price for your rooms with Little Hotelier Manage bookings effortlessly and increase revenue. Experience the power of all-in-one hotel management. Priceline’s ‘Express Deals’ is another feature that can help increase your hotel’s occupancy. Let’s dive in.

Hotels 52

Hotels OTA Travel Overbooking 52

Hotelogix

NOVEMBER 30, 2023

Engage with market managers Your OTA partners will assign you market managers so that you can make the most of your investment. These OTA market managers guide you in configuring the best advertising campaigns and other promotions and discounts to target specific demographics and seasons.

OTA 59

OTA Hotels Online Sales Market 59

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

Little Hotelier

FEBRUARY 5, 2024

Vacation rental software is a versatile solution that covers everything from online booking and reservation management to seamless payment processing and automatic guest communication. It’s like having a trusted partner by your side, designed to simplify and supercharge the management of your charming hotel or vacation property.

Management 59

Management Overbooking OTA Accommodation 59