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.

Revenue Management 80

Revenue Management Revenue Management Forecasting 80

SiteMinder

MAY 2, 2023

An elegant inner city featuring cafés and shops, a beautiful park, the Hessian State Theatre and countless thermal spas, make Wiesbaden a unique travel destination. At the same time, availability is adjusted across all channels, which reduces the risk of overbookings. “We This in turn has a positive impact on occupancy and revenue.

Overbooking 97

Overbooking Online Sales Hotels OTA 97

Cloudbeds

APRIL 30, 2024

Given the stratospheric rise of online bookings, in tandem with online travel agencies (OTAs) and metasearch sites , the hotel pricing and distribution environment began evolving at an extraordinary pace, and more agile pricing strategies transitioned from a nice to have to an essential instrument. Maximizing occupancy.

Revenue Management 52

Revenue Management Revenue Occupancy Hotels 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. Travelers crave experiences. Are you wondering whether you need a hotel booking engine? Upsells and add-ons. Multiple rate plans.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

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

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

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. This ensures that your inventory is always up-to-date, reducing the risk of overbooking. What is MaxiRoom?

Cancellation 52

Cancellation Overbooking OTA Occupancy 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. Expedia Partner Central is a popular choice among hoteliers, primarily for its expansive reach within the travel industry. A particularly useful feature is the rate management tool.

Average Daily Rate 59

Average Daily Rate Hotels Management OTA 59

SiteMinder

SEPTEMBER 6, 2023

Direct bookings are the lifeblood of your business , offering a pathway to profitability that sidesteps the commissions paid to online travel agents. This global reach can significantly expand your customer base, making your hotel a go-to choice for travellers worldwide. But it’s not just about the bottom line.

Hotels 98

Hotels Revenue Occupancy Services 98

Little Hotelier

JANUARY 11, 2024

Meanwhile, owners can sell on their direct website without risking overbookings. We use Little Hotelier’s channel manager to sell our rooms through OTAs such as Booking.com, Agoda, Airbnb and more to increase exposure to a wide range of travellers and win new customers. Especially tourists from Europe and Russia.”

Services 59

Services Accommodation Overbooking OTA 59

Inn Quest

SEPTEMBER 12, 2023

This includes advertising, promotions, pricing strategies and partnerships with travel agencies and online booking platforms. Effective revenue management is crucial to optimize room rates, occupancy levels, and overall revenue. Failure to do this can result in lost revenue opportunities or overbooking during peak periods.

Operations 88

Operations Management Revenue Revenue Management 88

Little Hotelier

AUGUST 1, 2023

Priceline is a well-known online travel agency (OTA) and is part of Booking Holdings Inc., It’s a platform that offers a variety of travel services, including flight bookings, car rentals, and crucially for our discussion, hotel reservations. a leading provider of online travel and related services. Let’s dive in.

Hotels 52

Hotels OTA Travel Overbooking 52

Little Hotelier

MARCH 10, 2024

Features Streamlined booking management : Little Hotelier’s intuitive system simplifies booking and reservation management for small hotels, ensuring easy tracking of availability and confirmations, thus minimising overbooking and enhancing guest check-in experiences.

Hotel Sales 52

Hotel Sales Sales Revenue Management Revenue 52

STAAH

NOVEMBER 8, 2022

Like many other areas in travel and hospitality, revenue management has dramatically changed in the last two years. With most hoteliers still relying on domestic travellers, the prime booking window is 0-3 days for business properties, out of which same day booking is the strongest,” says Kamal Kishore from Redsky Hospitality.

Revenue Management 72

Revenue Management Revenue Management Forecasting 72

eZee Absolute

OCTOBER 16, 2023

This eco-friendly haven has been a tranquil retreat for travelers seeking a perfect blend of serenity and comfort. Increased Bookings and Revenue: eZee’s reservation management system eliminated the chaos of overbookings and cancellations, leading to increased bookings and improved revenue.

Resorts 52

Resorts Tourism Fair Share Operations 52

Hotelogix

NOVEMBER 30, 2023

Online Travel Agents for hotels or OTAs serve as important distribution channels for hotels. This allows travelers to opt for the model that suits them the best.   Choose the best OTA mix Begin with finding the right Online Travel Agents to help you reach your target audience. The hotel then pays a commission to the OTA. 

OTA 59

OTA Hotels Online Sales Market 59

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 can help to prevent overbooking and ensure that rooms are available for new bookings. Reduces Disputes Understanding the refund policy can also help to reduce disputes with guests.

Cancellation 52

Cancellation Revenue Revenue Management Overbooking 52

Clock Software Hospitality

NOVEMBER 3, 2020

Here are some of the ways in which hotel PMS solutions can aid a hotel in improving daily operations: Increase RevPAR via Direct Bookings Online travel agencies (OTAs) allow hoteliers unlimited access to a large pool of potential guests, charging a commission for every booking made through them.

Hospitality 52

Hospitality OTA Revenue Management Hotels 52

Hotelogix

OCTOBER 18, 2023

This prevents overbookings, eliminates misunderstandings, and ensures that guests receive precise information when making reservations. This leads to better utilization of room inventory and maximizes occupancy rates. This attention to detail contributes to guest loyalty and positive reviews.

Business 40

Business Global Distribution System Cancellation Hotels 40

AskSuite

JULY 20, 2023

Effective sales techniques Sales strategies aren’t one-size-fits-all, especially in the travel industry. Building relationships, understanding travelers’ needs, and providing personalized solutions can achieve unbelievable results compared to hard sell tactics. Are they business travelers, families, or luxury seekers?

Management 52

Management Business Upsell Marketing Strategy 52

SiteMinder

OCTOBER 11, 2022

In today’s fast-paced travel environment, it’s critical that you automate as many tasks as possible. Naturally, this can increase your relevance in search engine results and online presence, allowing more travellers to discover your property during their online booking journey. Increase your online presence. Manage your revenue.

Hotels 52

Hotels Management Revenue Management Revenue 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.

Management 52

Management Global Distribution System Overbooking OTA 52

Hotel Speak

FEBRUARY 26, 2024

Adam Harris, Co-Founder and CEO of Cloudbeds , said: “The outlook for the travel industry in 2024 looks rather encouraging, with economic forecasts shifting from fears of a global recession to expectations of a soft landing and moderate growth. Online travel agencies (OTAs) have returned stronger than ever.

Average Daily Rate 86

Average Daily Rate OTA Overbooking Travel 86

MediaBoom

MARCH 14, 2024

With over 80% of leisure travelers globally booking accommodations online in 2024, as per Statista, the shift towards online travel booking is unmistakable. However, modern travelers prioritize the experience they’ll have when booking a hotel.

Digital Marketing 65

Digital Marketing Services Market Marketing 65

Cloudbeds

APRIL 2, 2024

The number of booking channels lodging businesses must manage has expanded exponentially, from their website to online travel agencies , bed banks, GDS’, and metasearch engines. room types, maximum occupancy, stay restrictions, etc.), The most effective distribution strategies in the hospitality industry are dynamic.

Revenue Management 52

Revenue Management Occupancy Revenue Hotels 52

SiteMinder

MARCH 20, 2024

With unique positioning and unwavering commitment to guest satisfaction, Neera Retreat and its 53 rooms has become a preferred choice for travellers seeking tranquillity and rejuvenation amidst the chaos of urban life.

Revenue 98

Revenue Branding Overbooking Operations 98

Xotels

APRIL 3, 2024

This segmentation involves identifying the purpose of the trip, differentiating between business and leisure travellers, and analysing various trends to enhance revenue performance. Focus on what leisure travellers want to add value to their stay. Your revenue strategy should cover special (contracted) rates.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

SiteMinder

NOVEMBER 22, 2023

Common issues include inconsistent customer service, challenges in managing online reputation, and fluctuating occupancy rates. Here are some of the common problems faced by hotels: Low occupancy rate A low occupancy rate is a significant challenge for hotels, reflecting underutilisation of resources and potential revenue loss.

Overbooking 52

Overbooking Hotels Revenue Occupancy 52

SiteMinder

DECEMBER 7, 2023

This strategy is crucial for enhancing both occupancy rates and the average daily rate (ADR), directly influencing the hotel’s financial performance. Higher occupancy rates : Pricing rooms correctly plays a pivotal role in driving occupancy. Google produces 500 million results when asked ‘Is travel getting more expensive?’

Management 59

Management Average Daily Rate Occupancy Revenue 59

SiteMinder

MAY 21, 2023

The remarkable service and awe-inspiring ocean views leave a lasting impression on both local and global travellers, making it a coveted destination on their must-visit lists. This has minimised revenue loss from vacant rooms while maximising our occupancy rates.”

Resorts 98

Resorts Overbooking Yield Management OTA 98

SiteMinder

OCTOBER 10, 2023

Occupancy rate The occupancy rate indicates the percentage of rooms occupied over a specific period. A higher occupancy rate often signifies robust demand, while a lower rate might indicate the need for promotional activities or rate adjustments. However it’s important to remember that your hotel forecast should not be static.

Forecasting 52

Forecasting Revenue Average Daily Rate Occupancy 52

SiteMinder

OCTOBER 10, 2023

Agoda, being one of the leading online travel agencies (OTAs), provides a vast and valuable audience. 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

Little Hotelier

FEBRUARY 5, 2024

This feature helps streamline the booking process, reducing the risk of overbooking and ensuring a smooth check-in experience for guests. Reporting and analytics The software includes robust reporting and analytics capabilities, allowing hoteliers to track key performance metrics, such as occupancy rates, revenue, and guest demographics.

Management 59

Management Overbooking OTA Accommodation 59

Cloudbeds

FEBRUARY 28, 2024

When travelers make a hotel reservation, they expect a seamless experience , or they may decide to stay elsewhere. For hotels, meeting this expectation means moving away from manual processes and investing in booking software that allows travelers to book a room when they want on the channel of their choice. Generate more revenue.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

eZee Absolute

APRIL 3, 2024

With its elegant ambience, impeccable service and breathtaking views, the hotel offers a haven for travellers seeking solace and comfort in the Himalayas. Manual processes often led to errors, overbooking, and inefficiencies, causing frustration among staff and guests alike.

Operations 52

Operations Business Occupancy Revenue 52

SiteMinder

AUGUST 29, 2023

Think about introducing occupancy sensitive cooling and heating systems that adapt to when people are present in the room. For instance, business travellers may be less inclined to worry about discovering quirky or special hotel designs. It’s something to carefully consider and may come down to who your target market is.

Revenue 52

Revenue Hotels OTA Operations 52

SiteMinder

MAY 17, 2023

Given that VALA Hua Hin – Nu Chapter Hotels has partnered with several travel agencies, staff members had to spend a lot of time inputting data and managing the online sales channels manually. “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