Clock Software Hospitality

NOVEMBER 3, 2020

Manage Room Inventory Your hotel’s occupancy is the main metric by which you judge how well your business is doing at the moment. Having complete control over occupancy 24/7 will certainly cut down on the manpower it takes to keep inventory in order and prevent unwanted overbookings.

Hospitality 52

Hospitality OTA Revenue Management Hotels 52

SiteMinder

OCTOBER 11, 2022

A PMS also significantly reduces the risk of overbooking your rooms, directly improving the guest experience at your property. Easy reservation and upselling processes. Your property management system should help you efficiently and effectively manage your reservations by automating the process for you. Multifunctional.

Hotels 52

Hotels Management Revenue Management Revenue 52

eZee Absolute

FEBRUARY 7, 2024

Maintaining rate parity, real-time inventory, handling overbookings and under-bookings, and whatnot! Upsell Other services: With the booking engine, you should be able to upsell your extra services along with accommodation, thus giving you a chance to increase your revenue. But then, ever wondered how much it’s worth?

Upsell 59

Upsell Hotels Overbooking Revenue 59

Xotels

APRIL 3, 2024

Inventory Management & Overbooking When looking to maximise profits, having room availability data at your fingertips can give a hotel a competitive advantage, and optimise prices according the hotel inventory you have left on the books. In addition to these techniques, leveraging technology is essential for maximising ancillary revenue.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Hotel Speak

JULY 4, 2023

They can work with a hotel channel manager to ensure real-time distribution of rates and inventories across OTAs for better visibility, more sales, and zero overbookings. It ultimately increases their profitability by maximising revenue and occupancy. to offer them personalised experiences.

Hotels 52

Hotels Revenue Management Revenue Occupancy 52

Cloudbeds

APRIL 15, 2024

Guest experience automation Powering improvements to the guest experience are tools that enhance guest engagement and self-service, like automated email confirmations and pre-arrival messages, upsell tools, and mobile check-in applications.

Revenue Management 98

Revenue Management Hotels Operations Revenue 98

Cloudbeds

FEBRUARY 28, 2024

When travelers book on your website, you can upsell them to premium rooms and cross-sell onsite services and add-ons like breakfast, dining, spa, and recreation. This will help you increase occupancy, maintain rate parity, and prevent pricing errors, overbookings, and lost sales. Generate more revenue.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

Cloudbeds

JUNE 8, 2023

From increasing occupancy to generating direct bookings and increasing ADR, lodging operators have a lot on their plate. At full occupancy , that’s $6,375 in potential revenue each day. At its average occupancy rate of 72%, the average revenue per night is $4,590. No more overbookings. of revenue per hour. Pre-arrival.

Management 98

Management Hotels Revenue Digital Marketing 98

Hotelogix

OCTOBER 19, 2023

It improves a hotel's online visibility and sales while eliminating overbooking.  The primary objective is to help hotels sell more at the best rates to the right guest to boost occupancy and revenue.  It also helps in upselling and cross-selling for more revenue. 

Hotels 52

Hotels Revenue OTA Management 52

StayNTouch

NOVEMBER 16, 2022

It’s critical to integrate your PMS and booking engine with a channel manager so that you can efficiently manage distribution through multiple OTAs, gain valuable data on channel profitability, and prevent overbookings. A channel manager is also an important hub for customer data and business intelligence.

OTA 52

OTA Hotels Revenue Overbooking 52

Cloudbeds

JULY 15, 2023

And even then, manually-managed distribution is risky: any delays in updating rates and availability on a channel’s extranet could mean selling a room that isn’t available or selling at a lower rate, which can lead to overbooking and sub-optimal yield management. In the case of one-way sync, reservations or cancellations will not be imported.

Management 76

Management OTA Cancellation Overbooking 76