Remove Occupancy Remove ROI Remove Yield Management
article thumbnail

Hotel Distribution Channels- Types & Strategies to Optimize

Hotelogix

They handle bookings and often increase your occupancy rates by giving your hotel more exposure. However, OTAs charge a commission, so it’s important to manage these costs carefully. Cons: Unpredictable Revenue: Walk-ins are hard to forecast, leading to fluctuating occupancy rates.

article thumbnail

What is a channel manager? All you need to know

Cloudbeds

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Revenue Management Trends that Define 2024 & Beyond

Xotels

Pricing optimisation: Setting the right prices to maximise revenue while maintaining occupancy. Distribution management: Understanding and managing your hotel’s distribution channels is essential to reaching the right guests. Want to read more about the basics of revenue management?

article thumbnail

8 Revenue Management Trends that Define 2024 & Beyond

Xotels

Pricing optimisation: Setting the right prices to maximise revenue while maintaining occupancy. Distribution management: Understanding and managing your hotel’s distribution channels is essential to reaching the right guests. Want to read more about the basics of revenue management?

article thumbnail

Hotel Management Technology: The Future of Hospitality

Hotelogix

Real-time insights : Smart systems provide instant data on everything from occupancy rates to energy consumption, allowing for quick, informed decision-making. Occupancy sensors : Save energy and plan housekeeping better. Energy management systems for sustainability Automated energy saving : Systems adjust when rooms are empty.

article thumbnail

How Google Hotel Ads is Penetrating the Hotel Distribution Vertical, and the Opportunity this Presents for Hotels

Xotels

Moreover, the latest multiplier addition is particularly welcomed by RMs, as it allows hoteliers to adjust their bid for specific dates based on variables such as events in the area, pace of pick-up, occupation rate, and so forth. We see very good ROI results at our hotels bidding 9% to 10% in the main source markets.

article thumbnail

The Ultimate Guide to Hotel Distribution Channels

Xotels

To make OTAs work for you, maintain rate parity and use them strategically to fill gaps in occupancy. To maximize Metasearch revenue and ROI , invest in targeted advertising and ensure your listings are updated and compelling. While OTA commissions can be steep, these channels are effective for attracting a broad audience.

OTA 40