SiteMinder

SEPTEMBER 4, 2023

After 12 years in operation, we recently spoke to Corporate Director for Revenue & Digital Distribution Pawarisa Hirantanes about the group’s journey and its satisfaction with SiteMinder as a technology partner. Further to that, it opens up opportunities to unlock more revenue for the business.

Operations 98

Operations Revenue Hotels OTA 98

Hotelogix

MAY 16, 2024

Sell more rooms: With increased online visibility, you can drive more bookings while eliminating overbookings and guest dissatisfaction.    Boost revenue: Make the best use of an upselling/cross-selling strategy. Configure and promote targeted packages/add-ons to attract guests, sell more, and earn more.

Operations 52

Operations OTA Hotels Revenue 52

Hotelogix

JANUARY 18, 2024

  Entice more audience: Since the booking happens on your website, you can roll out special offers and upsell relevant services to attract more guests.  It's about enhancing the guest experience and boosting your revenue. It adds to your increased profit margins. In other words, you can lower your cost of distribution. 

Overbooking 52

Overbooking Hotels Upsell Services 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

AskSuite

JULY 20, 2023

Hotel management can be quite complex, picture the everyday hustle, ensuring each room looks spotless, managing bookings, creating new revenue opportunities…. It begins with laying out realistic targets, then on-point upselling and cross-selling, culminating in the art of tailoring unique sales alternatives.

Management 52

Management Business Upsell Marketing Strategy 52

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

Clock Software Hospitality

NOVEMBER 24, 2020

The same goes with the reverse, late cancellations are automatically relisted, allowing the hotel to optimise its revenue potential. By preventing overbookings, independent hospitality providers are allowing their establishments to seem more exclusive and in turn, increase their value on the hospitality market.

Upsell 52

Upsell Hotels Accommodation Events 52

Clock Software Hospitality

NOVEMBER 3, 2020

But as you know it is often easy to book out, if you go low enough with room rates, that said, booking out does not necessarily translate to improved revenue or guest loyalty. Having complete control over occupancy 24/7 will certainly cut down on the manpower it takes to keep inventory in order and prevent unwanted overbookings.

Hospitality 52

Hospitality OTA Revenue Management Hotels 52

STAAH

MARCH 17, 2024

The Indian hotel no longer struggles with the aftermath of manual inventory and rate management, including overbookings and loss of staff efficiency. This activity was time-consuming for the team and opened the door to issues such as unintentional overbooking or lost revenue due to delayed rate updates.

Overbooking 87

Overbooking OTA Upsell Revenue 87

SiteMinder

OCTOBER 11, 2022

Cloud-based technology can handle all these tasks with ease because of its ability to deeply integrate with channel managers, booking engines, and revenue management systems. Manage your revenue. A PMS also significantly reduces the risk of overbooking your rooms, directly improving the guest experience at your property.

Hotels 52

Hotels Management Revenue Management Revenue 52

Cloudbeds

APRIL 15, 2024

Oftentimes, these tasks overpower hotels’ ability to invest in proper guest communication, marketing activities, and revenue management , which significantly impacts performance and profitability. It’s happening in every department, from the front office to accounting, marketing, revenue management, and food and beverage.

Revenue Management 98

Revenue Management Hotels Operations Revenue 98

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. Generate more revenue.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

eZee Absolute

FEBRUARY 7, 2024

Of course, making the right decision will have a huge influence on your business in terms of efficiency and revenue. Maintaining rate parity, real-time inventory, handling overbookings and under-bookings, and whatnot! It is the right technology in business that produces ROI. But then, ever wondered how much it’s worth?

Upsell 59

Upsell Hotels Overbooking Revenue 59

Cloudbeds

JUNE 8, 2023

This year, more properties will invest in technology to help create new revenue opportunities, build better websites , manage marketing campaigns, automate services, and improve the guest experience. To keep it simple, we’ll only consider room revenue. At full occupancy , that’s $6,375 in potential revenue each day. in revenue.

Management 98

Management Hotels Revenue Digital Marketing 98

SiteMinder

NOVEMBER 14, 2023

It not only facilitates direct bookings but also integrates with a vast array of distribution channels, ensuring hotels maximise their reach and revenue. While some of Lodgify’s pricing tiers offer tools for rate management, SiteMinder’s breadth of features and data-driven approach gives it an edge in boosting room revenue.

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. It ultimately increases their profitability by maximising revenue and occupancy.

Hotels 52

Hotels Revenue Management Revenue Occupancy 52

Hotelogix

OCTOBER 19, 2023

It also helps hotels avoid stock-out situations and eliminate revenue loss that could arise due to item theft or damage.  They include history and forecast reports, hotel revenue reports, hotel reservation reports, night audit reports, MIS and manager flash reports, and many more.

Hotels 52

Hotels Revenue OTA Management 52

SiteMinder

NOVEMBER 20, 2023

Its platform is designed to maximise revenue, not just through increasing bookings but by offering tools that enhance the guest experience, streamline operations, and provide actionable insights. Here’s a detailed comparison: Revenue generator Both Eviivo and SiteMinder offer tools designed to enhance hotel revenue.

OTA 59

OTA Revenue Management Overbooking 59

StayNTouch

NOVEMBER 16, 2022

Leveraging Technology to Drive More Bookings for Your Hotel By Justin DeRise The foundation of any hotel sales and revenue strategy lies in its distribution channels. Automating channel management can save enormous amounts of time and money, but it can also minimize instances of overbooking, which can strain operations and alienate guests.

OTA 52

OTA Hotels Revenue Overbooking 52

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. It’s an automatic, seamless two-way flow that keeps everything synced and virtually eliminates the risk of overbookings or mistakes like inaccurate rates.

Management 76

Management OTA Cancellation Overbooking 76