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. But it’s not solely about revenue. Why is hotel price optimization an essential pillar of revenue management?

Revenue Management 52

Revenue Management Revenue Occupancy 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 81

Accommodation Management Global Distribution System OTA 81

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 Upsell Average Length of Stay Revenue 98

Little Hotelier

MARCH 10, 2024

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. A highlight is the ability to monitor room sales across OTAs and compare rates with competitors.

Hotel Sales 52

Hotel Sales Sales Revenue Management Revenue 52

Hotelogix

FEBRUARY 13, 2024

  Online distribution Managing online distribution across various channels (OTAs, direct bookings, GDS) without an integrated system is arduous in today's digital age. Plus, it leads to complexities such as rate parity/inventory disparity, overbookings, and guest dissatisfaction. 

Management 59

Management Hotels Revenue Management Occupancy 59

SiteMinder

NOVEMBER 17, 2023

We recently spoke with Kevin Domican, Front Office and Revenue Manager at the four-star Abbey Hotel Roscommon. He shared how he and his team have been using SiteMinder’s channel manager to save time and optimise online distribution. With SiteMinder, a few clicks are enough to avoid overbooking.”

Overbooking 69

Overbooking Closing Hotels Revenue Management 69

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

Clock Software Hospitality

NOVEMBER 3, 2020

Here are some of the ways in which hotel PMS solutions can aid a hotel in improving daily operations: Increase RevPAR via Direct Bookings Online travel agencies (OTAs) allow hoteliers unlimited access to a large pool of potential guests, charging a commission for every booking made through them.

Hospitality 52

Hospitality OTA Revenue Management Hotels 52

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

SiteMinder

OCTOBER 5, 2023

It offers a suite of tools that allow you to manage your Expedia listings across various online travel agencies (OTAs) that are part of the Expedia Group. It allows you to manage bookings, adjust nightly rates, availability, and streamline inventory management.

Average Daily Rate 59

Average Daily Rate Hotels Management OTA 59

Little Hotelier

JUNE 30, 2023

As an owner or manager of a small hotel, it’s vital to comprehend the cancellation policies of online travel agencies (OTAs) such as Expedia. This understanding is key to efficiently managing your bookings, enhancing the satisfaction of your guests, and optimising your revenue management.

Cancellation 52

Cancellation Revenue Revenue Management Overbooking 52

SiteMinder

NOVEMBER 30, 2023

Now online travel agents (OTAs), hotel websites, and social media dominate the travel landscape. Best travel technology solutions for hotels Channel manager A channel manager is a crucial tool for hotels to effectively manage and distribute their inventory across various online travel agencies (OTAs) and booking platforms.

Travel 52

Travel Hotels Services OTA 52

Little Hotelier

AUGUST 1, 2023

Priceline is a well-known online travel agency (OTA) and is part of Booking Holdings Inc., However, this can also lead to a reliance on last-minute bookings, which can make revenue management more challenging. Commission Rates Like most OTAs, Priceline charges a commission for each booking made through its platform.

Hotels 52

Hotels OTA Travel Overbooking 52

SiteMinder

OCTOBER 23, 2023

On the other hand, a channel manager is a more comprehensive tool designed to manage and synchronise a hotel’s inventory across multiple online distribution channels, such as online travel agencies (OTAs), global distribution systems (GDS), and direct booking platforms.

Management 59

Management Global Distribution System Hotels Overbooking 59

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

SiteMinder

NOVEMBER 14, 2023

By integrating with SiteMinder, you can also get access to: Live availability updates – Keep room availability and rates updated in real-time to prevent overbooking and discrepancies. Instant booking confirmations – Provide instant confirmations to guests upon booking, enhancing their experience and trust.

Revenue 52

Revenue Yield Management Management Overbooking 52

SiteMinder

OCTOBER 11, 2022

Cloud-based PMS solutions are a superior way to automate and accelerate all the important processes at your hotel including; Taking and confirming bookings, Managing reservations, Generating bills and reports, Check-in/out, Room transfers, Checking/editing availability, Guest communication. Manage your revenue.

Hotels 52

Hotels Management Revenue Management Revenue 52

SiteMinder

AUGUST 29, 2023

Don’t put all your eggs in one basket Statistics from HSMAI show 76% of independent hotel room nights are reserved through OTAs, costing hotels billions in commissions every year. In order to increase direct bookings , hotels need to think about their overall web presence, not just OTAs. Proactive Cost Analysis and Reporting.

Revenue 52

Revenue Hotels OTA Operations 52

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 Revenue Hotels Operations 98

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

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

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

Cloudbeds

APRIL 2, 2024

Using data from various systems, including your PMS, revenue management system (RMS) , and customer relationship management (CRM) system, hotels can strategically leverage data to implement dynamic pricing strategies and personalized, segmented, and tailored campaigns via their CRS. The revenue management system (RMS).

Revenue Management 52

Revenue Management Occupancy Revenue Hotels 52

Cloudbeds

JUNE 8, 2023

Integrate with your PMS and channel manager. Reservations made on your website should automatically sync with your hotel property management system and across all your OTA channels so you don’t get overbookings. No more overbookings. Revenue management Your hotel rates shouldn’t be “set it and forget it.”

Management 98

Management Hotels Revenue Digital Marketing 98

Hotelogix

OCTOBER 19, 2023

Here are a few essential integrations: Channel Manager: With a two-way seamless connectivity, it helps hotels with real-time update of rates and inventories across OTAs and metasearch engines. It improves a hotel's online visibility and sales while eliminating overbooking. 

Hotels 52

Hotels Revenue OTA Management 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

SiteMinder

NOVEMBER 22, 2023

This can result in slower check-in/check-out processes, errors in reservation management, and inadequate customer service. Overbooking Overbooking is a nightmare for any hotel, usually stemming from errors in reservation systems or deliberate strategies to counteract no-shows.

Overbooking 52

Overbooking Hotels Revenue Occupancy 52

SiteMinder

NOVEMBER 14, 2023

Let’s take a closer look at where these platforms shine: Increase room revenue As a Lodgify alternative, SiteMinder’s advanced revenue management tools and analytics provide hoteliers with actionable insights to make informed pricing decisions.

Revenue 52

Revenue Upsell Revenue Management OTA 52

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. Look at today’s AI-powered revenue management tools. In fact, we have already seen AI at work in hotels.

Hotels 52

Hotels Revenue Management Revenue Occupancy 52

SiteMinder

NOVEMBER 20, 2023

Eviivo is a UK-based software solution primarily known for its channel manager software. This tool offers a full two-way sync of rates, content, and availability, allowing hoteliers to manage their listings across various online travel agencies (OTAs) efficiently. It positions itself as a holistic hotel management solution.

OTA 59

OTA Revenue Management Overbooking 59

Little Hotelier

FEBRUARY 5, 2024

Features Channel management Little Hotelier’s channel manager lets you do away with endless OTA dashboards, bringing all your booking channels together in a single, simple portal. Headquartered in Greece, its revenue management and optimisation tool offers online reputation tracking and management.

Management 59

Management OTA Hotels Accommodation 59

SiteMinder

DECEMBER 7, 2023

Distribution channel analysis : Understanding which distribution channels (like OTAs, direct bookings, travel agents) are bringing in the most revenue and at what cost is essential for rate management. Software automates the distribution of rate changes to OTAs, GDS, and direct booking channels.

Management 59

Management Average Daily Rate Occupancy Revenue 59