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

STAAH

APRIL 16, 2024

Hoteliers need to employ smart strategies to optimize revenue and profitability. One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS). In the ever-evolving hospitality industry, staying competitive demands more than just offering great accommodations and service.

Revenue Management 107

Revenue Management Revenue Management Forecasting 107

eZee Absolute

FEBRUARY 12, 2025

AI-powered revenue management doesnt just suggest price hikes; it ensures that your pricing aligns with demand fluctuations , maximizing revenue without turning potential guests away. If youre still relying heavily on OTAs, now is the time to push direct bookings with exclusive deals. And this is just the beginning.

Revenue 52

Revenue Cancellation Overbooking Revenue Management 52

eZee Absolute

DECEMBER 22, 2024

Dynamic Pricing: Use revenue management tools to adjust pricing based on demand while offering competitive deals. Booking Engine: eZee Reservation is one such tool that helps guests easily book rooms directly through your website, enhancing your online presence and reducing commission fees from third-party OTAs.

Overbooking 52

Overbooking Accommodation Events Revenue 52

STAAH

OCTOBER 15, 2024

Channel Manager Managing multiple distribution channels, from Online Travel Agents (OTAs) to direct bookings, can be complex without the right tools. A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies.

Operations 108

Operations Overbooking OTA Revenue 108

SiteMinder

NOVEMBER 15, 2022

Hotel overbookings can be a divisive topic. Some hoteliers love using this strategy to boost their revenue and protect their property from losing out due to last-minute cancellations. However, you can minimise the risk of having to walk travellers if you have a solid overbooking strategy. What happens when a hotel overbooks?

Overbooking 52

Overbooking Cancellation Occupancy Closing 52

Hotelogix

NOVEMBER 28, 2024

It can directly impact revenue, guest satisfaction, and your ability to scale. What Is a Channel Manager and Why Does It Matter? A channel manager connects your property management system to booking platforms such as OTAs, GDS (Global Distribution Systems), and direct booking engines.

Business 52

Business Management OTA Global Distribution System 52

Hotelogix

NOVEMBER 7, 2024

Maximize Direct Bookings to Reduce Dependence on OTAs When guests book through Online Travel Agents (OTAs) like Booking.com or Expedia, hotels often have to pay hefty commission fees, sometimes up to 20%. While OTAs help bring in new customers, relying too heavily on them can hurt your bottom line. front-page listing).

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

STAAH

SEPTEMBER 1, 2024

The challenge Before implementing STAAH, the group property faced challenges in managing online bookings efficiently. Coordinating availability across multiple channels was a cumbersome task, often leading to overbooking or missed opportunities. Additionally, manual updates and discrepancies in pricing caused a bit confusion.

Overbooking 113

Overbooking Revenue Management Hotels 113

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

Hotelogix

NOVEMBER 30, 2023

Online Travel Agents for hotels or OTAs serve as important distribution channels for hotels. OTAs are online platforms or websites that sell hotel rooms to customers. An excellent marketing strategy incorporates OTAs to boost sales and revenue. These statistics show why OTAs are essential for hotels.

OTA 59

OTA Hotels Online Sales Market 59

STAAH

OCTOBER 13, 2024

The need to solve a juggling act Featuring multiple room types and being connected to a number of OTAs as well as their own booking engine meant that staff at River Beach Resort & Residences spent a considerable time updating availability and rates across every channel. The result is directly evident on the bottom line.

Resorts 115

Resorts Operations Shopping Overbooking 115

SiteMinder

JUNE 29, 2023

What is an OTA channel manager? An OTA channel manager is a tool used to manage online travel agents (OTAs) in a single platform. It is commonly used by hotel sales and revenue managers to update rooms and rates in real-time. Table of contents Why use a channel manager for OTAs?

OTA 52

OTA Management Revenue Occupancy 52

Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. Hotels have worked with third parties such as airlines, travel agents, online travel agents (OTAs) and the Global Distribution System (GDS) for decades.

OTA 101

OTA Hotels Revenue Market 101

SiteMinder

MARCH 25, 2025

For example, during peak travel periods, an efficient reservations manager using a modern property management system (PMS) can swiftly allocate room blocks for group bookings or special events, maximising occupancy without overbooking. Efficiently managing OTAs and direct bookings is key to maintaining high occupancy rates.

Management 52

Management Overbooking Occupancy Revenue 52

Hotel Speak

AUGUST 13, 2024

A popular and cost-effective way to optimise this visibility is to leverage the Billboard Effect – where hotels can advertise for free on third-party websites, like Online Travel Agencies (OTAs) and metasearch platforms.

Revenue 104

Revenue Sales OTA Average Daily Rate 104

SiteMinder

MAY 21, 2023

With a two-way connection between the hotel and online travel agents (OTAs), the PMS automatically updates reservations made through any online booking channel. This eliminates manual updates, increases bookings and revenue, and eliminates concerns about overbooking or missing bookings.

Resorts 98

Resorts Overbooking Yield Management OTA 98

Inn Quest

SEPTEMBER 5, 2023

Effective hotel inventory management relies on technology solutions like Property Management System s (PMS), Channel Managers, and Revenue Management Systems (RMS) to automate tasks, analyze data and make informed decisions. This prevents overbooking and rate disparities, enhancing the guest experience.

Management 87

Management Overbooking Revenue Hotels 87

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 40

Revenue Management Revenue Management Ancillary Revenue 40

STAAH

MARCH 31, 2024

Delayed and failed updates to rates and availability was a common occurrence resulting in overbookings. For Sunshine Hotels & Resorts it was a matter of mapping rates and inventory for connected channels via STAAH and configuring new ones to leverage STAAH’s combination of local and global OTAs.

Resorts 110

Resorts Overbooking Hotels Revenue 110

STAAH

JULY 7, 2024

STAAH’s unified platform also allowed rates and inventory to be managed from a single dashboard for all properties. This has not just saved countless hours but has also reduced the risk of errors and overbookings , providing a seamless booking experience for guests.

Revenue 114

Revenue Overbooking Hotels Marketing Strategy 114

AskSuite

APRIL 28, 2025

Despite that, nearly 45% of independent hotels still operate with partially integrated or disconnected platforms, leading to challenges such as overbooking, inconsistent pricing across channels, and lack of real-time visibility of interactions with travelers. This minimizes overbookings, billing mistakes, and service delays.

Operations 52

Operations Upsell Overbooking Hotels 52

STAAH

OCTOBER 3, 2023

It serves as a centralized control hub, enabling hoteliers to effortlessly manage and optimize their room inventory, rates, and availability across various online booking channels. There are many channel managers on the market. Channel Managers connect to hundreds of OTAs, allowing you to reach more people through one platform.

Accommodation 104

Accommodation Management Global Distribution System OTA 104

STAAH

SEPTEMBER 9, 2024

With its previous technology partner, Sutton Hall was lagging behind in providing this seamless online experience to its guests, potentially affecting guest satisfaction and losing revenue. On the channel management front, overbookings and incorrect pricing were adding to the poor online experience for Sutton Hall.

Revenue 97

Revenue Overbooking OTA Revenue Management 97

Cloudbeds

FEBRUARY 28, 2024

The reservation system acts as the central hub of the reservation ecosystem, which may also include a website booking engine, channel manager, and revenue management system. When integrated, these modules work together to help hotels manage room availability, distribution, reservations, and revenue.

Revenue Management 98

Revenue Management Hotels Revenue Operations 98

SiteMinder

JUNE 12, 2024

What is Yield Management? Yield management is a pricing and revenue management strategy that is used to maximise business performance. It involves adjusting prices based on predicted demand and other external factors to maximise revenue or yield. Revenue management is the focal point for hotels in today’s climate.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Hotelogix

MARCH 27, 2025

But here’s the good news: a streamlined, intuitive PMS UX can turn hotel operations around—boosting staff productivity, enhancing guest satisfaction , and improving hotel revenue management. Channel Management Real-time inventory syncing across OTAs and direct booking platforms enhances accuracy and reduces overbooking.

Revenue 40

Revenue Revenue Management Operations Hotels 40

SiteMinder

MARCH 20, 2024

Learn more Revealing the transformation that SiteMinder inspired Understanding the challenges faced prior to implementing SiteMinder, Fon recalled the chaos of manual sales operations, especially when managing room allotments across multiple OTAs. “Without SiteMinder, managing room inventory manually was a cumbersome task.

Revenue 98

Revenue Branding Overbooking Operations 98

STAAH

OCTOBER 15, 2024

Channel Manager Managing multiple distribution channels, from Online Travel Agents (OTAs) to direct bookings, can be complex without the right tools. A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies.

Overbooking 52

Overbooking OTA Revenue Management Revenue 52

Hotelogix

JANUARY 12, 2025

Whether it’s a well-crafted website, partnerships with OTAs, or engaging social media, creating a strong online footprint is how you turn searches into bookings. Online Travel Agencies: Expanding Your Reach When travelers search for a place to stay, they usually turn to Online Travel Agencies (OTAs) like Booking.com, Expedia, or Agoda.

OTA 52

OTA Hotels Travel Services 52

Little Hotelier

OCTOBER 30, 2024

For example, if your PMS is integrated with a channel manager , the interface will ensure that when a room is booked through an OTA, your PMS updates automatically. This will save you from the hassle of manual updates and reduce the risk of overbookings or missed payments. Streamlined operations.

OTA 59

OTA Motels Upsell Overbooking 59

Hotelogix

APRIL 4, 2025

Data-Driven Hospitality Big data and AI are our new revenue managers, optimizing operations better than a seasoned GM. 👉 Read Also - Master Hotel Overbooking: Strategies That Work Hold onto your room keys, because the average consumer is reading a whopping 10 reviews before they trust a business.

Revenue 52

Revenue Hotels OTA Consumer 52

Cloudbeds

APRIL 15, 2024

From checking in guests and entering reservations to managing rates and assigning rooms, many hotels still perform a lot of manual tasks. Oftentimes, these tasks overpower hotels’ ability to invest in proper guest communication, marketing activities, and revenue management , which significantly impacts performance and profitability.

Revenue Management 98

Revenue Management Hotels Operations Revenue 98

Inn Quest

FEBRUARY 1, 2023

Hotel managers must be aware of what is said about their hotel online and ensure that they provide excellent service and address any issues guests may have. Hoteliers can also use a channel manager to seamlessly connect with popular OTAs such as booking.com, Expedia, AirB&B, etc.

Management 88

Management Consumer Hotels Overbooking 88

Hotelogix

APRIL 16, 2025

A robust cloud-based Property Management System (PMS) doesn't just streamline your operations—it transforms them. A cloud-based PMS not only streamlines front desk operations but also integrates seamlessly with tools like a channel manager to ensure real-time room availability across OTAs, reducing overbookings and manual errors.

Management 52

Management Revenue Management Revenue Average Daily Rate 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. Integrating with these engines and offering real-time pricing and availability ensures that guests book directly instead of with an OTA.

OTA 98

OTA Average Length of Stay Upsell Revenue 98

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