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Providing seamless access to over 2000 systems and hotel consultants, SiteMinder enables hoteliers to optimise their inventory, maximise their revenue and prevent overbookings. It is used by 2.5 million hotel industry professionals to make informed technology purchasing decisions each year.
Competitive Advantage: The ability to quickly adapt to market conditions, stop unnecessary discounting, and consistently offer optimized pricing by guest category gives hotels a competitive edge, potentially capturing a larger marketshare.
Myth 3: Distribution is an inflexible, administrative nightmare FACT : By broadening the distribution mix hotels capture a wider marketshare, targeting specific audience profiles and engaging with niche audiences. Plus, by sharing accurate rates directly as they are on third-party channels you can encourage more guests to book direct.
Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair marketshare: with more hotels forecasted to open every year , gaining a fair marketshare will become more difficul t each year.
Yield management allows hotels to stay competitive in a crowded market, increasing their marketshare and revenue. Yield management also allows hotels to forecast demand and plan their inventory accordingly, ensuring enough rooms are available during high-demand periods and minimizing the risk of overbooking.
Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair marketshare: with more hotels forecasted to open every year , gaining a fair marketshare will become more difficul t each year.
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 marketshare and RevPAR. So are siloed and disparate legacy systems.
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 marketshare and RevPAR. So are siloed and disparate legacy systems.
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