eZee Absolute

FEBRUARY 12, 2025

With a data-driven approach and AI-powered tools like eZee Mint AI , you can still maximize occupancy, increase revenue per room , and turn last-minute demand into profits. Dynamic pricing isnt just about increasing ratesits about pricing smartly based on real-time demand, market trends, and competitor rates. But you have to act fast.

Revenue 52

Revenue Cancellation Overbooking Revenue Management 52

SiteMinder

MARCH 25, 2025

For example, during peak travel periods, an efficient reservations manager using a modern property management system (PMS) can swiftly allocate room blocks for group bookings or special events, maximising occupancy without overbooking. Efficiently managing OTAs and direct bookings is key to maintaining high occupancy rates.

52

52

Hotelogix

NOVEMBER 7, 2024

The right sales tactics can help increase revenue, boost occupancy rates , and ensure guests have a positive experience. A loyalty program can encourage guests to keep coming back, which boosts your occupancy rate. These tools can adjust your rates automatically, based on real-time data and market trends.

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

Horizon Hospitality

JULY 10, 2024

In the competitive world of hospitality, one of the most critical challenges of hotel professionals is balancing room rates with occupancy levels. Striking the right equilibrium requires a keen understanding of market dynamics, customer behavior, and strategic pricing. Define the key metrics you’ll monitored each day, hour, and minute.

Occupancy 52

Occupancy Revenue Yield Management Forecasting 52

Hotelogix

NOVEMBER 28, 2024

How to Pick the Right Channel Manager for Your Business There are hundreds of options in the market. Follow these practices to make the most of your system: Keep Rates Competitive - Adjust prices frequently based on demand, market trends, and competitor rates. Focus your efforts and marketing budgets accordingly.

Business 52

Business Management OTA Global Distribution System 52

STAAH

MAY 28, 2025

Benefits: Speed-to-market: Launch rate plans instantly. Promotions Made Simple Use Case: A property experiencing low weekday occupancy sets up a Last Minute deal and Mobile Rate within STAAH Max to target mobile users and spontaneous bookers. Benefits: Higher conversion: Tap into mobile and impulse markets.

65

65

STAAH

JUNE 11, 2024

Establishing a better mix between OTAs vs. direct bookings from third-party distributors and direct bookings or the right balance OTAs vs. Direct can help modern hoteliers maximise revenue and take full advantage of projected market growth. Invest in marketing: Use meta search engines, SEO and SEM to attract direct traffic to your website.

OTA 109

OTA Shopping Occupancy Overbooking 109

STAAH

OCTOBER 15, 2024

A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies. Hotels using this integration have reported reduced overbookings and better room occupancy rates.

Operations 108

Operations OTA Overbooking Revenue 108

STAAH

OCTOBER 15, 2023

This led to rate disparity, overbooking and inventory discrepancies. A 35% jump in occupancy There are unmissable revenue gains for Rudraksh Club & Resort – a 35% increase in occupancy year-on-year. Prior to STAAH, the process for the Rudraksh team was very manual; managing each channel individually.

Overbooking 104

Overbooking Occupancy Accommodation Resorts 104

Inn Quest

SEPTEMBER 5, 2023

By implementing an inventory tracking system, hotels can minimize underbooking, reduce overbooking risks, set competitive prices and provide a seamless guest experience, ultimately leading to increased revenue and improved operational efficiency. This prevents overbooking and rate disparities, enhancing the guest experience.

Management 87

Management Overbooking Revenue Hotels 87

Hotel Speak

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. So are siloed and disparate legacy systems.

Average Daily Rate 110

Average Daily Rate OTA Overbooking Travel 110

SiteMinder

MAY 21, 2023

Although the target market has since changed, what remains constant is the hotel’s standards and work ethic. Silavadee Pool Spa Resort emphasises that “since implementing SiteMinder, we have experienced a significant increase in online bookings, up to 60%, through effective yield management strategies based on market trends.

Resorts 98

Resorts Overbooking Yield Management OTA 98

Inn Quest

APRIL 5, 2023

It is a dynamic pricing strategy that allows hotels to offer competitive prices during low-occupancy periods while maximizing profits during high-demand periods. It enables hotels to achieve this goal by analyzing data such as occupancy rates, booking trends, and seasonal patterns to adjust prices and inventory.

Yield Management 88

Yield Management Management Occupancy Revenue 88

SiteMinder

JUNE 12, 2024

By understanding and anticipating guest behaviour and market dynamics, hotels can optimise their pricing strategies to boost their bottom line. It’s a testament to how industries adapt, grow, and refine their strategies in response to changing market dynamics and customer expectations.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Xotels

MARCH 3, 2025

Revenue management tools are software and systems that help hotels optimize pricing, control cost , maximize occupancy, and increase profitability. Instead of relying on guesswork, revenue tools analyze: Market demand How many people are looking for rooms in your area? That’s a recipe for overbookings and lost revenue.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Inn Quest

AUGUST 8, 2023

In other words, it is a form of dynamic pricing where businesses vary the prices based on the changes in demand and real-time market conditions. 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.

Hotels 88

Hotels Occupancy Overbooking Revenue 88

STAAH

APRIL 16, 2024

Look for a solution that utilizes sophisticated algorithms to analyze market demand, competitor pricing, booking patterns , and other relevant factors in real-time. This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.

Revenue Management 108

Revenue Management Revenue Management Forecasting 108

Hotel Speak

AUGUST 13, 2024

Therefore, ensuring it’s easy for guests to book, whether direct or through third parties, is paramount to fulfilling a successful occupancy strategy and higher Average Daily Rate (ADR) goal. Online visibility leads to occupancy. From searching to booking, guests are influenced by an average of 38 websites before making a reservation.

Revenue 104

Revenue Sales OTA Average Daily Rate 104

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. Lastly, in the highly competitive Thai tourism market, staying one step ahead of competitors is critical. STAAH ticked all the boxes – and more. Wins all around!

Revenue 98

Revenue Overbooking Resorts Occupancy 98

eZee Absolute

DECEMBER 7, 2023

Myth #7: Overbooking is a curse and should NEVER be used Overbooking can make or break a hotel; it is like a double edge sword. If you aren’t aware of overbooking, it is a strategy used by revenue managers to acquire more reservations than the number of available rooms to achieve the highest possible occupancy rate.

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

MediaBoom

MARCH 14, 2024

Marketing strategies in the hotel sector are designed to enhance brand visibility and broaden reach. A r obust local SEO strategy helps travelers find your hotel when they’re searching for accommodations in your vicinity, making it a critical component of your digital marketing efforts. Let Mediaboom guide you.

Digital Marketing 68

Digital Marketing Services Market Marketing 68

Hotelogix

OCTOBER 4, 2024

Choosing the right OTA channel manager can streamline your hotel’s online distribution strategy, prevent overbookings, and boost overall profitability. This prevents overbookings and reduces manual work. Prevent Overbookings: Real-time updates reduce the risk of double bookings, ensuring a smoother guest experience.

OTA 52

OTA Management Overbooking Revenue 52

Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. The dynamic landscape of hotel distribution offers numerous opportunities for hotels to maximise their market presence and profitability.

OTA 101

OTA Hotels Revenue Marketing 101

AskSuite

APRIL 28, 2025

Running a hotel today involves managing a complex network of systems from reservations, sales operations, communication channels , marketing tools, and distribution. This minimizes overbookings, billing mistakes, and service delays. Its a strategic move to streamline customer service across all touchpoints.

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SiteMinder

OCTOBER 26, 2023

“On the one hand, the platform’s stability means that I’m no longer worried about getting an overbooking call on a Saturday night. But from a results perspective, the moment we switched on SiteMinder, our occupancy immediately shot up. Moving forward, we’re aiming to use SiteMinder to its full capacity.

Revenue Management 81

Revenue Management Revenue Resorts Management 81

Hotelogix

APRIL 4, 2025

Keep them coming back for easier and cheaper occupancy boosts. Stand out by exceeding expectations in the crowded hospitality market. The Digital Landscape in 2025 Market Boom and Traveler Surge Our industry's cooking up a storm, hitting a mouth-watering $4.9 Their perception becomes the story they tell about your hotel.

Online Marketing 52

Online Marketing 52

Hotelogix

JANUARY 19, 2025

By generating reports and analytics, the PMS provides valuable insights into occupancy trends , revenue performance, and guest preferences. This synchronization minimizes the risk of overbookings and ensures optimal room distribution. This makes it indispensable for streamlining operations and creating memorable guest experiences.

Management 40

Management Operations Occupancy Revenue 40

SiteMinder

JUNE 26, 2024

By prioritizing revenue optimization, your hotel will be in a stronger position to take advantage of data, trends, and market insights. Improved forecasting: Revenue optimization involves analyzing data on past booking trends, competitor pricing, and market conditions. Our smart hotel platform helps you do exactly that.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

Hotelogix

FEBRUARY 17, 2025

The $800 Billion Hotel Booking Market: How Distribution Channels Work What Are Hotel Distribution Channels? Alternative Channels – Social media, WhatsApp, and influencer marketing. The key to higher occupancy rates and maximized revenue ? This has hotels balance higher occupancy levels with the use of OTAs.

OTA 40

OTA Global Distribution System Hotels Revenue 40

Inn Quest

SEPTEMBER 12, 2023

It encompasses tasks such as front office operations, housekeeping, food and beverage services, maintenance, sales, marketing and financial management. Sales and Marketing: Effective sales and marketing efforts are critical for attracting guests and maximizing revenue.

Operations 88

Operations Management Revenue Revenue Management 88

SiteMinder

SEPTEMBER 6, 2023

This efficiency not only reduces operational costs but also minimises the risk of overbooking or scheduling conflicts. Data collection From booking patterns to guest preferences, an online booking system captures a wealth of information that can be used for targeted marketing campaigns, personalised services, and operational improvements.

Hotels 98

Hotels Revenue Occupancy Services 98

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

JUNE 8, 2022

The outcome of your forecasting should always be the ability to react to market changes, optimise occupancy, and maximise revenue. Doing this effectively means you have to consider a number of factors such as key revenue metrics like occupancy, room nights, and average daily rates; but also staff allocation and resourcing.

Forecasting 52

Forecasting Revenue Average Daily Rate Average Length of Stay 52

SiteMinder

OCTOBER 10, 2023

Once a room is booked on Agoda, the channel manager ensures that it’s taken off the market, eliminating the potential for double bookings. Control your OTA listings and earn more revenue Say goodbye to overbookings and hello to maximised revenue with real-time inventory and rate management with SiteMinder’s channel management solution.

Management 59

Management Overbooking OTA Hotels 59

SiteMinder

DECEMBER 7, 2023

This process requires continuous analysis of market trends, booking patterns, and competitor strategies. It’s not just about setting the right price, but also about adjusting it in response to market changes. Higher occupancy rates : Pricing rooms correctly plays a pivotal role in driving occupancy.

Management 59

Management Average Daily Rate Occupancy Revenue 59

STAAH

OCTOBER 15, 2024

A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies. Hotels using this integration have reported reduced overbookings and better room occupancy rates.

OTA 52

OTA Overbooking Revenue Management Revenue 52

Little Hotelier

JULY 31, 2023

It’s designed to maximise hotel occupancy through its distribution channels. MaxiRoom is equipped with a range of features aimed at optimising your hotel’s performance across Hotelbeds’ worldwide markets and channels. Marketing tools : Little Hotelier offers a range of marketing tools to help you attract more guests.

Cancellation 52

Cancellation Overbooking OTA Management 52