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

Little Hotelier

APRIL 10, 2024

Operating since 2017, Hillside Havens comprises four luxurious glamping pods in the heart of Moray Speyside. An overbooking, fraudulent payment, or incorrect invoice are significant risks for small businesses, which is why we created our all-in-one platform – to save time and protect against human error.

Revenue 52

Revenue Management Small Business OTA 52

Fuel Travel

JULY 11, 2024

It also prevents overbooking and keeps everything in sync, allowing guests to tailor their stay preferences and enhance their experience. A secure, seamless connection ensures that this data is shared in real time, preventing overbooking and cancellations. Reduced Dependency on OTAs Create a more balanced distribution strategy.

Upsell 52

Upsell Overbooking Hotels OTA 52

eZee Absolute

OCTOBER 24, 2024

It’s a critical aspect of a hotel’s operations, as the effectiveness of this distribution directly impacts visibility, occupancy rates, and overall revenue. By leveraging such tools, hotels can attract more direct bookings, ultimately reducing their reliance on OTAs and increasing profitability.

Hotels 52

Hotels Revenue 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. Hotels have worked with third parties such as airlines, travel agents, online travel agents (OTAs) and the Global Distribution System (GDS) for decades.

OTA 74

OTA Hotels Revenue Revenue Management 74

Cloudbeds

FEBRUARY 26, 2024

Advanced technologies are likely to usher in a shift in how owners, operators, and hoteliers do business as they chase demand. Unplanned overbookings, front desks staffed 24/7, and marketing or finance degrees to optimize revenue will soon be a thing of the past. Online travel agencies (OTAs) have returned stronger than ever.

Average Daily Rate 52

Average Daily Rate OTA Overbooking Travel 52

SiteMinder

OCTOBER 29, 2024

Tourplan is a comprehensive hotel software solution that simplifies itinerary planning, booking management, and communication between hotels and tour operators. For hotel groups like yours, Tourplan is an essential tool to ensure smooth operations across all your properties. Watch demo How does Tourplan software work?

Operations 52

Operations Revenue Hotels Management 52

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. Make more money during peak season with direct bookings OTAs charge a 15-25% commission fee on every booking. However, overbooking means that you risk double booking, which is not worth the risk.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

eZee Absolute

FEBRUARY 27, 2024

They sought a solution that not only increased visibility on Online Travel Agencies (OTAs) and Global Distribution Systems (GDS) platforms but also sold the rooms at the best price and managed their inventories seamlessly. 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

STAAH

APRIL 16, 2024

Integration with Distribution Channels: Seamless integration with distribution channels such as online travel agents (OTAs) , global distribution system (GDS) , and direct booking channels is essential for efficient inventory management and distribution. Scalability and Flexibility: As your hotel grows, so should your RMS.

Revenue Management 83

Revenue Management Revenue Management Forecasting 83

Little Hotelier

JULY 31, 2023

It’s designed to maximise hotel occupancy through its distribution channels. Hotelbeds was sold by Europe’s biggest tour operator TUI in April 2016. Hotelbeds is now a standalone company and operates independently. This ensures that your inventory is always up-to-date, reducing the risk of overbooking.

Cancellation 52

Cancellation Overbooking OTA Management 52

Hotelogix

OCTOBER 24, 2024

But when integrated, they help a hotel in reducing costs, increasing operational efficiency, improving staff competence, and in serving guests better. It is a software application that helps you manage your daily operations. It automates and streamlines hotel operations across all the departments.

OTA 52

OTA Management Overbooking Cancellation 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 Revenue 59

SiteMinder

AUGUST 13, 2024

The Tripadvisor owner login is a gateway for hotel owners and operators to manage their business listings on Tripadvisor. It won’t help you manage listings through other OTAs, or your own, direct listings. As an OTA, it will charge a commission for each confirmed guest gained through the platform.

Business 52

Business OTA Management Overbooking 52

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. Integrating with these engines and offering real-time pricing and availability ensures that guests book directly instead of with an OTA.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

SiteMinder

JUNE 12, 2024

Instead, they’re exploring sophisticated indicators like GOPPAR to gain a holistic view of their operations. Optimising Occupancy : Hotels have a fixed number of rooms, making it essential to ensure high occupancy rates. This can involve overbooking strategies to account for last-minute cancellations or no-shows.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Little Hotelier

MARCH 10, 2024

Learn more Little Hotelier Little Hotelier is a management software crafted specifically for small-scale hotels, providing a comprehensive suite of tools to simplify daily operations and featuring a range of third-party integrations to enhance functionality.

Hotel Sales 52

Hotel Sales Sales Revenue Management Revenue 52

Little Hotelier

OCTOBER 21, 2024

This article will explore how an integrated booking system can transform your property’s operations, helping you attract more direct bookings and enhance the guest experience from start to finish. When you’re owning and operating your bed and breakfast, managing these systems can quickly become a painful time-consuming task in itself!

OTA 52

OTA Hotels Management Revenue 52

Cloudbeds

APRIL 30, 2024

Or you may have used a cost-plus pricing approach, whereby you calculated all fixed and variable costs associated with operating your hotel and subsequently appended the profit margin to this total cost by applying a markup to each room type. Maximizing occupancy. Price optimization helps manage occupancy levels.

Revenue 52

Revenue Revenue Management Occupancy Hotels 52

Little Hotelier

JULY 16, 2024

This means managing supply and demand to hit your desired occupancy rate while also maximising the revenue returns for your business. How will you balance direct bookings with OTA bookings? Think about what a healthy occupancy rate will look like for you, and also how much revenue and profit you want to aim for.

Management 52

Management Hotels Revenue OTA 52

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. You can quickly gauge your booking status, helping you keep track of occupancy and upcoming guest arrivals. Table of contents Why are hotels using Expedia Partner Central?

Average Daily Rate 59

Average Daily Rate Hotels Management OTA 59

SiteMinder

SEPTEMBER 6, 2023

Advantages of implementing an online hotel booking process From streamlining operations to enhancing the guest experience, there are many advantages to an online booking system for hotels. 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

SEPTEMBER 26, 2024

In this blog, we’ll explore the concept of no-shows in hotels, their impact on revenue and operations, and discuss effective policies to mitigate their effects. Plus, it messes with the hotel’s overall occupancy rate, which is like the hotel’s report card. Let’s dig in. So, where do you start?

Cancellation 52

Cancellation Hotels Revenue OTA 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

SiteMinder

AUGUST 29, 2023

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. Controlling operating costs doesn’t necessarily mean cutting corners or compromising on guest experience.

Revenue 52

Revenue Hotels OTA Operations 52

Hotelogix

OCTOBER 18, 2023

It's a comprehensive solution that empowers your hotel to optimize operations, deliver exceptional guest experiences, and thrive in a competitive industry.  👉At its core, a Hotel Reservation System centralizes and automates the booking process, simplifying guest interactions and hotel operations. 

Business 40

Business Global Distribution System Hotels Cancellation 40

Little Hotelier

AUGUST 1, 2023

Priceline is a well-known online travel agency (OTA) and is part of Booking Holdings Inc., Priceline’s ‘Express Deals’ is another feature that can help increase your hotel’s occupancy. Commission Rates Like most OTAs, Priceline charges a commission for each booking made through its platform.

Hotels 52

Hotels OTA Travel Overbooking 52

SiteMinder

JUNE 29, 2023

What is an OTA channel manager? An OTA channel manager is a tool used to manage online travel agents (OTAs) in a single platform. The OTA channel manager syncs your hotel prices and availability across your property management system (PMS) and all connected OTA channels such as Booking.com, Expedia, and Airbnb.

OTA 52

OTA Management Revenue Occupancy 52

Little Hotelier

OCTOBER 30, 2024

For example, if your PMS is integrated with a channel manager , the interface will ensure that when a room is booked through an OTA, your PMS updates automatically. Key features to choose the right PMS integration solution Choosing the right hotel PMS integration solution is crucial for ensuring seamless operations.

OTA 52

OTA Motels Upsell Overbooking 52

SiteMinder

OCTOBER 11, 2022

Hotel management software is technology that allows hotel operators and owners to streamline their administrative tasks while also increasing their bookings in both the short and long-term. Your hotel management system is not only important for your own day-to-day operations, but it’s a vital part in improving overall guest experience.

Hotels 52

Hotels Management Revenue Management Revenue 52

Hotelogix

AUGUST 27, 2024

This means using a mix of online and offline channels, like Online Travel Agents (OTAs), meta-search engines, direct bookings, reviews, Global Distribution Systems (GDS), and more. Here are some key points: Reach More Guests: Channels like OTAs and booking sites help hotels attract a bigger audience.

Global Distribution System 52

Global Distribution System OTA Revenue Hotels 52

Inn Quest

AUGUST 15, 2023

Hotels face a daunting challenge as travelers seek convenience and competitive prices: how to efficiently manage their room inventory across multiple online distribution channels while maintaining real-time updates and avoiding overbooking. This is where a hotel channel manager comes into play. What Is A Hotel Channel Manager?

Management 52

Management Global Distribution System Overbooking OTA 52

Hotelogix

OCTOBER 24, 2024

These channels include Online Travel Agencies (OTAs) like Booking.com, direct bookings through the hotel’s website, and Global Distribution Systems (GDS).   Without it, hotel staff would have to update each room's availability manually which could lead to errors such as overbookings.

OTA 52

OTA Revenue Hotels Global Distribution System 52

SiteMinder

MAY 17, 2023

A new chapter with SiteMinder’s channel manager Prior to using SiteMinder, the hotel had difficulty managing availability, inventory, task management and OTAs. “We can easily adjust pricing based on occupancy, seasons, or during high-demand periods such as public holidays or long weekends.

Revenue 52

Revenue Overbooking Operations Online Sales 52

Hotelogix

SEPTEMBER 12, 2024

A Hotel Property Management System (Hotel PMS) is software that helps hotels efficiently organize, schedule, and manage their daily operations. Also known as hotel software, it functions as the nerve centre of hotel operations, facilitating a smooth flow of interdepartmental information. to make key business decisions.

Management 52

Management Revenue Management Hotels Operations 52

SiteMinder

OCTOBER 10, 2023

Agoda, being one of the leading online travel agencies (OTAs), provides a vast and valuable audience. At its core, an Agoda channel manager operates by providing a seamless link between your hotel’s property management system (PMS) and Agoda’s platform. Table of contents Why should hotels consider a channel manager for Agoda?

Management 59

Management Overbooking OTA Hotels 59

MediaBoom

MARCH 14, 2024

By tracking demand trends, booking patterns, and competitor pricing, hotels can adjust their rates dynamically to maximize occupancy and revenue. By featuring staff interviews, guest testimonials, or behind-the-scenes glimpses into operations, they can cultivate a more intimate bond with viewers.

Digital Marketing 68

Digital Marketing Services Market Marketing 68