STAAH

DECEMBER 10, 2023

Its presence across multiple online travel agents (OTAs) was critical for success. Prior to STAAH, The Smith House team had to manually manage room availability, rate adjustments, and limit online sales channels. In the hyper-competitive post-Covid world, this manual management was a no-go.

OTA 81

OTA Revenue Online Sales Services 81

SiteMinder

JUNE 9, 2022

It’s also helped us improve performance across the board, for example with regards to revenue management.”. I have seen an increase in direct bookings, the revenue has increased, and it has reduced human error. In particular, the business underlines SiteMinder’s dynamic rates system as key to optimising online sales. .

Online Sales 52

Online Sales Hotels Revenue Management Revenue 52

Hotelogix

NOVEMBER 30, 2023

OTAs are online platforms or websites that sell hotel rooms to customers. An excellent marketing strategy incorporates OTAs to boost sales and revenue. For guests, they are like the ultimate platform to look at multiple options, compare rates, read reviews, see hotels’ online scores, etc.,

OTA 59

OTA Hotels Online Sales Market 59

eZee Absolute

NOVEMBER 1, 2022

Statista ) By 2023, the global travel and tourism revenue will return to a pre-pandemic amount of over 730 million with hotels being the main contributing segment to this increase. Costar ) Online sales in the hotel segment will generate 80% of total revenue by 2026. Revenue Management. and reach US$ 1.27

Hospitality 52

Hospitality Revenue Management Revenue Travel 52

Hotel Business

JUNE 27, 2023

Rethinking parking as a key revenue stream Just like rooms, food and beverages, and event spaces, parking should be considered a key revenue-generating component within a hotel’s ecosystem. Calculating RevPAS involves dividing the total parking revenue by the total number of available parking spaces during a specific period.

Revenue 59

Revenue Hotels KPI Revenue Management 59

SiteMinder

DECEMBER 4, 2023

Online sales in the hotel segment will generate 80% of total revenue in 3 years. Turn statistics into hotel revenue Make statistics mean something by using SiteMinder’s platform to implement effective revenue management strategies Learn more Hotel industry report: What are the best sources of hotel industry data?

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

Hotel Speak

OCTOBER 12, 2023

When we added more properties to expand as a group, we realised that we needed a Hotel PMS System with multi-property management capabilities. Pableo, Director of Revenue Management at Royale Paragon Hospitality Group. Through our distribution brand AxisRooms, we also offer Channel Manager and Revenue Management solutions.

Hospitality 74

Hospitality Revenue Management Online Sales Revenue 74

SiteMinder

MAY 21, 2023

Prapinporn Phanchakorn (Assistant Director Of Sales ) said: “We prioritise every guest’s preferred stay period, season, or time of day by expanding our contact channels to cater to all types of visitors. With SiteMinder , the Resort has successfully diversified their sales platforms, even with the same number of hotel employees.

Resorts 98

Resorts Overbooking Yield Management OTA 98

SiteMinder

NOVEMBER 15, 2022

Use this information to gauge how many extra bookings you can accept and close sales in time. Usually the reservation manager or revenue manager decides when to overbook the hotels. Channel manager: It allows you to push inventory updates and new reservations between all online sales channels and your PMS in real-time.

Overbooking 52

Overbooking Cancellation Occupancy Closing 52

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. In this guide for hospitality professionals, you’ll learn all about Channel Managers, from how they work to what makes great software for your business specifically.

Management 76

Management OTA Cancellation Overbooking 76