Little Hotelier

APRIL 10, 2024

Operating since 2017, Hillside Havens comprises four luxurious glamping pods in the heart of Moray Speyside. Automation brings freedom and peace of mind Even with just four glamping pods, having software in place to manage day-to-day tasks is crucial for time management and revenue optimisation.

Revenue 52

Revenue Management Small Business OTA 52

Inn Quest

SEPTEMBER 5, 2023

Managing your hotel’s inventory efficiently can significantly impact your bottom line, guest satisfaction and overall operational effectiveness. Food and Beverage: Restaurants, bars and room service are vital revenue streams. At a glance: What is Hotel Inventory Management?

Management 87

Management Overbooking Revenue Hotels 87

Catala Consulting

JULY 30, 2023

In the fiercely competitive hospitality industry, the essence of successful resort revenue management lies in data-driven decision-making. This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. Why is Revenue Management Imperative for Resorts?

Revenue Management 52

Revenue Management Revenue Resorts Management 52

STAAH

MAY 5, 2024

The powerful, but easy-to-use, features of STAAH have resulted in significant increase in online reach and revenue for the northeast Indian hotel. Coordinating availability across multiple channels was a cumbersome task, often leading to overbookings or missed opportunities. This timely support continues to date.

Management 88

Management Overbooking Revenue Hotels 88

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

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. Boosted revenue : Late bookings often come with higher price tags, capitalising on the urgency of the guest’s needs. Many hotels are still operating on an inventory allocation model.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

Hotel Operations

FEBRUARY 12, 2023

Imagine working in operations at some of the leading hotel companies in the world, and then having the chance to start all over with a blank canvas in a role leading operations for a new brand. It’s a fundamental principle that you have in every hotel operation. What would you do? Or the division between rooms and F&B.

Operations 52

Operations Real Estate Hotels Revenue 52

Hotel Business

MARCH 14, 2024

This level of personalization not only improves user satisfaction and loyalty, but it increases conversion rates and revenue for hotels. This proactive approach minimizes the risk of overbooking or underutilization of rooms, ultimately improving revenue management and operational efficiency.

Overbooking 59

Overbooking Revenue Upsell Forecasting 59

SiteMinder

DECEMBER 12, 2023

“As the largest hotel in Dalat with many room types, Terracotta Resort was in a situation where inventory management on more than 10 OTA channels became increasingly difficult,” said Mr. Triết, “The inability to update rooms and rates immediately is a potential obstacle to revenue flow and a constant obstacle for employees.

Resorts 105

Resorts OTA Overbooking Hotels 105

SiteMinder

JANUARY 21, 2024

The ultimate challenge for us was to maximise our occupancy rate each month and reduce our overbookings as much as possible.” “Moreover, managing OTA inventory and data insights with quality and completeness to further develop the analysis of our target customers was important but also difficult.”

Resorts 52

Resorts Overbooking OTA Occupancy 52

SiteMinder

JANUARY 30, 2023

The accommodation, with more than 17 years in operation, is one of the most sought-after places worldwide, and has held the title of “World’s First Seven Star Boutique Hotel”. Just like all the very best hotels around the world, The Hanging Gardens of Bali is intent on prioritising guest experience.

Average Daily Rate 98

Average Daily Rate Global Distribution System Management Sales 98

Hotelogix

APRIL 18, 2024

For instance, a business that has just started is focused on making money immediately whereas a more established hotel business with steady revenues would concentrate on its reputation. Overwhelming and a colossal waste of time…not to mention he frequently missed updating the OTAs, which led to overbooking.

OTA 52

OTA Overbooking Cancellation Business 52

Cloudbeds

APRIL 30, 2024

A question that likely keeps you up at night is, ‘How can I boost revenue per available room (RevPAR) and outpace my competitors?’ It’s the bedrock of hotel revenue management , and for good reason. Prices change dynamically (hence the name) using real-time data to maximize your revenue and occupancy rates.

Revenue Management 52

Revenue Management Revenue Occupancy Hotels 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. It will lead to revenue leakage.   Rate/revenue management A large hotel with 200+ rooms will have multiple room types.

Management 59

Management Hotels Revenue Management Occupancy 59

SiteMinder

NOVEMBER 23, 2022

Previously, hotel operations such as receiving, recording, and inputting reservation data into the property management system had to be done manually, which was time-consuming and ineffective. Viki professed that SiteMinder helped them simplify administrative processes by automating operational tasks.

Overbooking 105

Overbooking Hotels Revenue Consumer 105

eZee Absolute

FEBRUARY 27, 2024

Understanding the need for a comprehensive hospitality solution that could streamline their operations and amplify their online presence, Hotel Katra Residency turned to eZee Centrix. 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

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. So are siloed and disparate legacy systems.

Average Daily Rate 52

Average Daily Rate OTA Overbooking Travel 52

Little Hotelier

MARCH 10, 2024

It centralises information on bookings, customer interactions, and revenue streams, allowing hoteliers to efficiently track performance and make informed decisions. Manage your hotel sales with the best software in the market Use Little Hotelier’s revenue management features to manage your hotel sales and boost hotel bookings.

Hotel Sales 52

Hotel Sales Sales Revenue Management Revenue 52

Cloudbeds

APRIL 8, 2024

In this guide, we’ll examine how an integrated booking engine brings value to lodging operators, using real-world examples from our customers and advice on what to look for in a new booking system. Increase revenue and profitability An integrated booking engine is a game-changer for increasing revenue and overall profitability.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

Little Hotelier

JULY 31, 2023

Maximise your property's performance with Little Hotelier Little Hotelier integrates seamlessly with Hotelbeds and MaxiRoom, helping you maximise your bookings and smash your revenue targets. Hotelbeds was sold by Europe’s biggest tour operator TUI in April 2016. Hotelbeds is now a standalone company and operates independently.

Cancellation 52

Cancellation Overbooking OTA Occupancy 52

SiteMinder

OCTOBER 10, 2023

This ensures uniformity and minimises the risk of overbookings through real-time inventory management, rate management, booking management, auto sync, and additional features. A TripAdvisor channel manager streamlines operations by centralising the management of bookings, reviews, and property details. The result?

Management 52

Management Overbooking Hotels Revenue 52

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Inn Quest

APRIL 5, 2023

Anyone who has worked in the hospitality industry for a few years would enthusiastically attest to the importance of yield management in hotels, particularly in hotel revenue management. Yield management is a pricing strategy that predicts customer demand and adjusts prices to maximize revenue.

Yield Management 88

Yield Management Management Occupancy Revenue 88

SiteMinder

SEPTEMBER 6, 2023

The more you can funnel guests through your own website, the more you retain full control over the revenue and the guest experience. Any hiccups or delays can lead to booking abandonment, leaving potential revenue on the table. But it’s not just about the bottom line.

Hotels 98

Hotels Revenue Occupancy Services 98

SiteMinder

NOVEMBER 14, 2023

It offers tools for reservations and property management, but its strength lies in its comprehensive suite of solutions aimed at maximising a hotel’s revenue potential. Unlock the full revenue potential SiteMinder’s booking engine is a standout feature for the software.

OTA 52

OTA Revenue Management Overbooking 52

Hotel Business

APRIL 4, 2023

Not only does Tripleseat push the name of room block details, but it enables operators to better forecast inventory and revenue. Tripleseat and Maestro PMS are streamlining communication to prevent operational disasters like overbooking from ever happening.”

Forecasting 59

Forecasting Overbooking Events Sales 59

Hotelogix

JANUARY 16, 2024

According to industry experts, Ayodhya is home to hotel development to the tune of INR 300+ crore, with most of them commencing operations after 2024. Precisely speaking, technology will ensure that hotel operators see their desired value from their investment. How can technology help the hotel industry grow in Ayodhya?

Tourism 59

Tourism OTA Hotels Construction 59

Little Hotelier

APRIL 4, 2024

Jaruwan Srikham (Nok) , the dedicated receptionist at United Residence Ekkamai, to uncover the property’s remarkable journey and discuss the profound impact that Little Hotelier has had on their operations. Sometimes there was an error and it turned into an overbooking. We found it hard to control and the connectivity wasn’t stable.

Overbooking 52

Overbooking Operations Management Travel 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. Review your length of stay restrictions Length of stay strategies can boost your revenue when you expect a high volume of bookings coming your way. Here’s how: 1.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

eZee Absolute

OCTOBER 16, 2023

Challenges Faced by the Property Operating in a traditional manner, Beach Street Eco Resort & Spa faced its fair share of obstacles that hindered growth as well as guest experience. This not only made day-to-day operations more complicated and time-consuming but also restricted the resort’s capacity to expand its business.

Resorts 52

Resorts Tourism Fair Share Operations 52

Hotel Speak

FEBRUARY 22, 2023

It’s never been more important for hoteliers to get on top of their distribution and revenue strategies by using integrated technology solutions – especially given how crucial it is to ease pressure on staff, save time, and meet changing guest expectations.

Management 52

Management Overbooking Hotels OTA 52

eZee Absolute

DECEMBER 11, 2023

But what exactly is it, and how can it make your hotel operations easier? By providing real-time updates, it ensures that all connected channels reflect the most accurate and up-to-date information, preventing overbooking or underbooking while maintaining rate parity. Sounds like a logistical nightmare, right? It’s a win-win!

Management 59

Management OTA Overbooking Global Distribution System 59

SiteMinder

NOVEMBER 17, 2023

To ensure the hotel’s continued success, the team is investing in innovative technology to streamline operations and further improve sales. We recently spoke with Kevin Domican, Front Office and Revenue Manager at the four-star Abbey Hotel Roscommon. With SiteMinder, a few clicks are enough to avoid overbooking.”

Overbooking 69

Overbooking Closing Hotels Revenue Management 69

SiteMinder

NOVEMBER 14, 2023

Through this inbox, hotel operators can manage reservations, respond to inquiries, and foster a personalised guest experience before, during and after arrival, all contributing to a more streamlined operational workflow – particularly when integrated with a broader property management system like SiteMinder.

Revenue 52

Revenue Yield Management Management Overbooking 52

Fuel Travel

FEBRUARY 13, 2024

The right booking software improves the likelihood of conversion, user satisfaction, and ultimately, direct revenue. A reliable integration between your PMS and booking engine reduces the risk of overbooking and enhances operational efficiency. Real-time availability provides accurate information to potential guests.

Hotels 108

Hotels Shopping Overbooking Revenue 108

Little Hotelier

DECEMBER 4, 2023

While managing a small number of rooms may seem straightforward, advertising and selling on multiple channels can be challenging and lead to overbookings. Moreover, technology can help our small accommodation business streamline accounting and revenue collection.” They also need visibility and control over all of their rates.

Email Marketing 52

Email Marketing Accommodation OTA Shopping 52

Hotelogix

JANUARY 18, 2024

As mentioned above, it is a crucial tool for two primary reasons - it simplifies the booking process for your guests and drives revenue for your hotel by bypassing third-party booking fees. It's about enhancing the guest experience and boosting your revenue. Here are some essential features to look for.

Overbooking 52

Overbooking Hotels Upsell Services 52