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NOVEMBER 27, 2023

Question for Our Revenue Management Expert Panel: What are the advantages of participating in special OTA deals? Question by Chaya Kowal) Our Revenue Management Expert Panel Connor Vanderholm - CEO, Topline The post Top Tips for Hotels Participating in Special OTA Deals appeared first on Revfine.com.

OTA 69

OTA ROI Revenue Management Revenue 69

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). This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.

Revenue Management 78

Revenue Management Revenue Management Forecasting 78

Hotel News Resource

AUGUST 18, 2023

Article - The Importance of Pickup and Pace in Hotel Revenue Management - Discover the significance of pickup and pace in hotel revenue management. Learn how optimizing these factors can boost your hotel's revenue.

Revenue Management 98

Revenue Management Revenue Management Hotels 98

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

TravelNet

JUNE 22, 2023

The uncertain economy, combined with the increased supply of vacation rental properties, not to mention more online travel aggregators (OTAs) and direct booking options, is creating more competition than ever among vacation rentals. Can you maintain an effective revenue management strategy without software?

Revenue Management 52

Revenue Management Revenue Management ROI 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

Boutique Hotel News

MARCH 20, 2023

US: Cloud-based hospitality business intelligence platform OTA Insight has announced the appointment of Vivek Bhogaraju as its chief operating officer (COO). Bhogaraju said: “I am thrilled to join OTA Insight and work alongside such a talented, driven and dedicated team.

OTA 52

OTA Scale General Manager Operations 52

Boutique Hotel News

MARCH 20, 2023

US: Cloud-based hospitality business intelligence platform OTA Insight has announced the appointment of Vivek Bhogaraju as its chief operating officer (COO). Bhogaraju said: “I am thrilled to join OTA Insight and work alongside such a talented, driven and dedicated team.

OTA 52

OTA Scale General Manager Operations 52

TravelNet

AUGUST 3, 2023

Managing fees on online travel agencies (OTAs) can be a real headache for property managers. According to a new Forbes report, Airbnb customers in summer 2023 face a whopping average of 36% in added charges above the nightly rate, and the same is probably true for other OTAs. This increases your ranking on OTAs.

OTA 98

OTA Management Occupancy Services 98

eHotelier

DECEMBER 1, 2022

Many hoteliers don’t fully understand the importance of pre-authorizations in their overall revenue management strategy, here's what you need to know.

OTA 116

OTA Revenue Management Revenue Management 116

STAAH

NOVEMBER 8, 2022

Like many other areas in travel and hospitality, revenue management has dramatically changed in the last two years. We spoke to leading revenue managers on what they think lies ahead. Don’t rule out presence on OTAs,” suggests Jaydeep, “but make sure you keep up your profiles on other online media.”.

Revenue Management 70

Revenue Management Revenue Management Forecasting 70

The Cosmos

JANUARY 23, 2023

Hotel revenue management is an important tool for hoteliers to use in order to maximize profits and remain competitive in a crowded industry, but it is a complex machine. This blog delves into hotel revenue management : what it is, how it works, and the critical role it plays in a hotel’s overall success.

Revenue Management 52

Revenue Management Revenue Business Management 52

Hospitality Net

APRIL 13, 2023

OTAs show “breakfast included” as a primary search filter for hotel guests. In this ebook, you’ll see how thinking of breakfast as a profit center – setting, food, service, environment – impacts your hotel’s brand reputation and revenue management methodology. Did you know? One of these is their breakfast preferences.

Services 244

Services OTA Revenue Management Hotels 244

Hotel News Resource

MAY 24, 2023

Business Intelligence Platform Debuts in EMEA To Transform Hotel Revenue Management

OTA 105

OTA Business Revenue Management Revenue 105

Boutique Hotel News

MARCH 6, 2023

Worldwide: Cloud-based business intelligence company OTA Insight has launched Rate Insight+, a commercial tool which combines hotel and short-term rental data into one platform. In March 2022, OTA Insight acquired vacation rental market intelligence company Transparent.

OTA 52

OTA Occupancy Accommodation Hotels 52

Hospitality Tech

MAY 1, 2023

Collaboration brings predictive market intelligence to BEONx' revenue management solution.

OTA 52

OTA Revenue Management Revenue Market 52

Hospitality Tech

JUNE 19, 2023

New offering is a powerful solution built to deliver competitive insights and shape strategic actions.

Revenue Management 52

Revenue Management OTA Revenue Management 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

Hospitality Tech

MAY 23, 2023

Business Intelligence Platform Debuts in EMEA To Transform Hotel Revenue Management.

Business 52

Business OTA Revenue Management Revenue 52

SiteMinder

APRIL 25, 2024

With every passing year, revenue management is playing a more central role at hotels as they navigate a landscape now locked in a permanent state of change. The exact genesis of yield management (now revenue management) in the hospitality sector is hotly debated,” says Stuart-Hill. “The

Revenue Management 111

Revenue Management Revenue Management Hotels 111

Catala Consulting

MARCH 17, 2023

Throughout this comprehensive guide, we’ll delve into the impact of hotel rate disparity on revenue and customer loyalty, as well as explore the role of Online Travel Agencies (OTAs) in perpetuating the problem. A boutique hotel faced significant rate disparities due to aggressive discounting by OTAs.

Management 52

Management Revenue Management OTA Revenue 52

Hotel Business

NOVEMBER 13, 2023

By Steve Green Can the industry aim higher when capturing revenue from individual travelers? To do so, revenue managers may need to get comfortable with a “revenue maximizer” mindset. Shifting to accommodate this mindset is the cornerstone of success in tomorrow’s revenue management landscape.

Revenue 59

Revenue Revenue Management Average Daily Rate OTA 59

Webrezpro

MARCH 7, 2024

Add in OTA commissions, transaction fees, and even your marketing personnel and your Customer Acquisition Costs (CAC) could go through the roof. Digital ads, social media, website, email campaigns…hoteliers do (and spend) a lot to attract guests.

OTA 89

OTA Market Marketing Revenue Management 89

STAAH

OCTOBER 24, 2023

With 60% of visitors to Online Travel Agencies (OTAs) eventually checking out your website, the opportunity to secure commission-free direct bookings is substantial. Cost Savings: OTAs are marketing powerhouses, but they come at a cost. Revenue Maximization: More bookings mean more revenue.

OTA 77

OTA Revenue Upsell Market 77

STAAH

MAY 30, 2023

Analyzing revenue streams using a channel manager’s dashboard helps revenue managers gain insights for creating an optimal online distribution strategy. 8) Online Travel Agents (OTAs): Working with multiple online travel agents (OTAs) is crucial for increasing digital distribution and overall occupancy.

OTA 81

OTA Hotels Revenue Travel 81

STAAH

JANUARY 28, 2024

STAAH came recommended by other industry professionals and while the switch was triggered by a lack of customer service from the other provider, the deal to partner with STAAH was sealed by its superior technology with a comprehensive channel management solution that aligned perfectly to J7 Hotels’ operational needs. Find out more.

Revenue 83

Revenue Revenue Management Hotels Services 83

Boutique Hotel News

NOVEMBER 9, 2022

Divided into three packages – Classic, Select and Hamlet Plus – each category offers a different level of sales and operational management. Classic: • Sales, revenue management, marketing and distribution under Hamlet Hotels. Hamlet Plus : • Hamlet Hotels to manage daily operations. Operational freedom.

Display Ads 52

Display Ads OTA Revenue Management Revenue 52

SiteMinder

APRIL 11, 2023

We recently spoke with Tini Diekmann, Sales and Revenue Manager as well as Deputy Hotel Manager of Hotel Oderberger Berlin. She told us about the reason they chose to implement SiteMinder’s platform in 2022 and how this has allowed her to be more effective and efficient in managing online distribution.

OTA 105

OTA Hotels Management Revenue Management 105

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

SiteMinder

NOVEMBER 21, 2023

Innroad is a cloud-based hotel management solution tailored to cater to a diverse range of property types, from hotels and resorts to inns, BnB’s, vacation rentals, and campgrounds. Some key features of Innroad include its OTA integrations, an all-in-one management solution, and a network of around 500 partners and integrations.

OTA 59

OTA Revenue Management Operations 59

Hotel News Resource

JUNE 15, 2023

For revenue managers, there has been a real shift in the landscape, making benchmarking an even more important tool to turn to.

Revenue Management 127

Revenue Management Revenue Hotels Market 127

Webrezpro

OCTOBER 4, 2023

OTA commissions, transaction fees, loyalty programs, advertising campaigns, and sales and marketing personnel all contribute to the cost of acquiring new customers. Customer acquisition costs (CAC) are more or less what they sound like—how much money it costs to bring in a new guest.

OTA 83

OTA Sales Market Marketing 83

TravelNet

NOVEMBER 2, 2022

Shelley Warsaw, partner relationship manager at TNS, sat down recently with Beyond Pricing to discuss their experiences using Track. Introduction Beyond Pricing is a complete revenue management solution for short-term rental managers and owners to get, grow, and keep revenue.

Revenue Management 52

Revenue Management Average Daily Rate Revenue OTA 52

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

eHotelier

MAY 7, 2023

OTAs show “breakfast included” as a primary search filter for hotel guests. Taking care of breakfast in various aspects means laying the foundations for significant increases in turnover and profits. Did you know?

Services 95

Services OTA Hotels Revenue Management 95

STAAH

MARCH 31, 2024

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. Access to insights has encouraged revenue managers in the group to experiment with confidence, further fuelling the group’s revenue growth.

Resorts 88

Resorts Overbooking Hotels Revenue 88

STAAH

DECEMBER 10, 2023

Increasing online bookings with a channel manager As you would expect of the Asian tourist Mecca of Langkawi, The Smith House’s target guests lay beyond the shores of Thailand. Its presence across multiple online travel agents (OTAs) was critical for success.

OTA 80

OTA Revenue Online Sales Services 80