Hotel Speak

AUGUST 15, 2023

This alliance empowers accommodation properties to gain a competitive edge, harnessing trivago’s extensive user base and HotelRunner ‘s innovative end-to-end platform to grow their businesses like never before. This partnership resonates not only with accommodation properties but also sends ripples across the tech sphere.

Accommodation 52

Accommodation Business Cancellation B2B 52

Hotel Business

JANUARY 27, 2025

Nearly a third (28%) of respondents said they were actively seeking more affordable accommodations., while 72% cited generous cancellation policies as critical to reducing booking uncertainty. Respondents also placed a high value on engaging with local businesses and cultural experiences 46.2% Tech is an important travel perk.

Travel 64

Travel Consumer Cancellation Hotel Marketing 64

Amadeus Hospitality

MAY 25, 2023

Originally published in Hotel Online Before we dive in, be sure to visit our ultimate guide to grow events and group business for an all-encompassing rundown of events, sales and catering tips, data points and best practices. This has sales and event professionals asking, “What’s driving the latest group business trends?”

Sales 88

Sales Business Events Travel 88

STAAH

FEBRUARY 6, 2024

By deploying this strategy a hotel is insuring itself against possible cancellations by having secured guests who can fill cancelled bookings. Data must be used to inform how many no-shows or cancellations to expect so you can overbook by that much. 2) Use multiple data sources. 6) Train your staff to manage overbookings.

Overbooking 104

Overbooking Cancellation Upsell Revenue 104

SiteMinder

JANUARY 22, 2025

Travellers booked earlier and cancelled less, with the average booking window extending to 32 days and cancellations falling below 20%. Ireland enjoyed the longest booking lead time (47 days), while Indonesian hotels enjoyed the lowest cancellation rate (12%).

Revenue 59

Revenue Cancellation Global Distribution System OTA 59

Hotel Business

FEBRUARY 22, 2023

SiteMinder’s new Hotel Booking Trends report, a hotel commerce data analysis of more than 36,000 hotels and 450+ connected booking integrations, has revealed travelers booked their trips on average eight days earlier, and canceled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Travel 102

Travel Average Length of Stay Average Daily Rate Cancellation 102

Cloudbeds

NOVEMBER 24, 2024

Not only are you collecting payment details ahead of time in case of cancellations or no-shows, but you can store guest payment details in the PMS so that when guests make a purchase on-property, it will be automatically charged to their folio, improving the guest experience.

Upsell 98

Upsell Services Operations Accommodation 98

Hotel Business

NOVEMBER 16, 2023

In the last few years, many in-person meetings, events and conventions worldwide were canceled or postponed. However, in 2024, meeting, professional event and convention spending is projected to increase alongside in-person demand, according to a recent survey from American Express Global Business Travel.

Market 122

Market Marketing Construction Pipeline 122

Hotel Business

NOVEMBER 15, 2022

For hoteliers looking to deliver better experiences for travelers, and to improve their business in the process, there are a number of ways in which they can adapt to better suit travelers’ needs. This is a contributed piece to Hotel Business , authored by an industry professional.

Travel 132

Travel Cancellation Accommodation Intent 132

STAAH

JULY 12, 2023

Over a half of travellers who responded to a recent Expedia Group survey said they would not book non-refundable accommodation, even if it was discounted.* On Expedia Group sites, your property will show ‘Free Cancellation’ in traveller search results. We recommend a 100% refund for cancellations within a short.

Cancellation 98

Cancellation General Manager Travel Marketing 98

Cloudbeds

AUGUST 21, 2023

An overbooking strategy is when a property purposefully books its inventory beyond capacity in anticipation that a certain amount of guests will cancel or not show up. The thought behind this tactic is that some cancellations – or “wash” – will happen. Sometimes, one or two overbookings are low risk because of future cancellations.

Overbooking 98

Overbooking Cancellation Occupancy OTA 98

SiteMinder

DECEMBER 1, 2024

In this guide we’ll reveal everything that hotel businesses need to know about invoices: why they’re important, how and when they’re created, and how a hotel can better manage them. It offers transparency to guests and shows that your business is trustworthy. Hotel invoices and hotel receipts are slightly different documents.

Hotels 52

Hotels Revenue Accommodation Management 52

Hotel Business

DECEMBER 1, 2023

This commitment is a result of joining forces with The Neu Project, an initiative from Google’s Experience Institute (Xi) that aims to share resources designed to better accommodate and create a more inclusive experience during meetings and events for neurodivergent attendees. 28 through Dec.

Events 111

Events Cancellation Accommodation Closing 111

Hotelogix

OCTOBER 7, 2024

It also means that hotel owners and operators can now focus on investing in technology, enhancing guest experiences , improving services, and expanding their businesses rather than being weighed down by hefty licensing fees. Hotelogix offers great scalability, allowing hotels to quickly adapt their IT resources as their business grows.

Cancellation 52

Cancellation Tourism Hotels Operations 52

Hotel Business

APRIL 26, 2024

The sentiment was even higher (more than 75%) for neurodivergent business travelers. Accommodating room location and type is important, but staying flexible is key: More than 60% of caregivers believe that pre-assigned rooms could make the check-in experience better. to make the travel experience easier. .

Travel 111

Travel Accommodation Cancellation Business 111

Inn Quest

OCTOBER 17, 2023

Here’s a brief explanation of the reasons why hotel overbookings happen: Uncertain Cancellations: Hotels anticipate a certain percentage of reservations to be canceled. However, when guests don’t cancel as expected, it can lead to overbooking. Why Do Hotel Overbookings Happen?

Overbooking 88

Overbooking Cancellation Forecasting Occupancy 88

TravelNet

JULY 20, 2023

In contrast, Vrbo’s are based on the number of accepted bookings, host cancellations, conversion rate, and review score. Cancellations—yours and theirs. Airbnb penalizes hosts who cancel bookings , so avoid canceling whenever possible. Note: Vrbo highlights listings with the most relaxed cancellation policies.

OTA 98

OTA Cancellation Branding Shopping 98

STAAH

NOVEMBER 15, 2022

Business trips turn into leisure-filled days. Websites should not be designed based on your business needs but on users’ needs. Align your accommodation to meet the needs of everyone in the family – accessibility for seniors, creche or bunk beds for kids, etc. Bleisure is here to stay. Sustainability is not yet old news.

Hospitality 98

Hospitality OTA Travel Cancellation 98

STAAH

AUGUST 6, 2024

Have you ever wondered how travel agents can instantly find the perfect hotel for a last-minute business trip or secure the best rates for a corporate client? The primary purpose of GDS is to enable travel agents to access real-time availability, rates, and services, allowing them to make bookings on behalf of their Business Travel clients.

Global Distribution System 113

Global Distribution System Travel Business Services 113

SiteMinder

JUNE 11, 2024

We provide versatile accommodations which allow us to work with both long and short term guests,” she said. Insights is a business intelligence tool that delivers real-time data so that hoteliers can track market changes, optimise their prices, and keep an eye on the competition.

Global Distribution System 98

Global Distribution System Revenue Hotels Cancellation 98

STAAH

MARCH 3, 2024

Its unique blend of comfort accommodation and a stimulating atmosphere makes it a preferred choice for both business and leisure guests. Nestled in the heart of Malaysia’s vibrant capital city, IDEAS is a haven for both discerning travellers and creative minds alike. These features come together seamlessly to drive conversions.

OTA 109

OTA Online Sales Cancellation Services 109

Hotel Business

JULY 9, 2024

LG debuts AI-powered door-type service robot LG Business Solutions USA has introduced its next-generation CLOi ServeBot, an autonomous, door-type service robot designed to provide safe delivery services in hospitality and healthcare settings. Several tech companies introduced new products at HITEC 2024 in Charlotte.

Services 104

Services Hotels Revenue Business 104

STAAH

JUNE 11, 2024

Finding the right balance between OTAs and direct bookings is a crucial strategy for hotels and accommodation providers for success. A successful balance between the two requires leveraging the strengths of each channel to inform your business goals. Striking a balance Where OTAs are the volume drivers, direct is the profit pilot.

OTA 109

OTA Shopping Occupancy Overbooking 109

Hotel Speak

JANUARY 23, 2024

Travel trends shift like desert sands Bleisure travel – the fusion of business and leisure – explodes as remote work becomes the norm. Sustainability takes centre stage, with eco-conscious practices and partnerships with local businesses becoming not just trendy add-ons, but deal-breakers for discerning travellers.

Hospitality 105

Hospitality Cancellation Marketing Market 105

Social Tables

JUNE 12, 2024

Event vendors are businesses or individuals that provide goods or services for events. Planners may rely on one or two vendors for smaller events, like a business luncheon, while food vendors may make up as much as 5% of the total attendee count at massive outdoor events (e.g., What are event vendors? a musical festival). Bartenders.

Events 158

Events Hiring Services Cancellation 158

Hotel Speak

JUNE 6, 2023

Consumers are becoming increasingly aware of their impact on the environment, and they’re demanding businesses put forth efforts to reduce this impact. Meanwhile, AI-powered bots are helping travelers navigate complex processes like flight cancellations and refunds with ease.

Hospitality 101

Hospitality Accommodation Travel Tourism 101

SiteMinder

MAY 25, 2023

The bottom line is that hotels can lose millions of dollars in revenue due to abandonment, especially when you also consider that guests may book a room before delaying payment, and then cancelling altogether. So what can your hotel do to ensure you aren’t missing out on driving up your conversions and boosting the profit of your business?

Revenue 98

Revenue Cancellation Hotels Accommodation 98

Cloudbeds

NOVEMBER 8, 2023

However, times have changed, and it’s no longer realistic for lodging businesses to operate the way they once did. Hotels accommodate various payment methods , including credit cards, debit cards, cash, digital wallets, and more, something Marcus says “is a flexibility not as common in other industries.” Multiple payment methods.

Management 98

Management Cancellation Operations Hotels 98

eZee Absolute

JANUARY 13, 2023

This aspect of hospitality businesses is measured as the “look-to-book ratio”. That is what travelers do while booking their accommodations. Handle cancellations like a pro. Recently, hotels are also using WhatsApp business tools to connect well with their guests. Explore more benefits of WhatsApp Business.

Cancellation 98

Cancellation Hotels Management Business 98

SiteMinder

MAY 16, 2023

Table of contents Introduction from SiteMinder: The bleisure market and hotel booking trends Following the pandemic, the bleisure market changed from a growing niche to a mainstream source of bookings for accommodation providers. The good news is that they don’t discriminate when it comes to choosing their accommodation.

Average Length of Stay 105

Average Length of Stay Occupancy Average Daily Rate Revenue 105

SiteMinder

NOVEMBER 6, 2023

Airbnb hosting fees are always represented as a percentage of the booking price : Host-only fee: Usually 14%-16% (excluding Airbnb fees and taxes), automatically deducted from the host payout, though the specific rate will depend on a variety of factors, such as location and accommodation type. The guest then pays a fee of approximately 14%.

Cancellation 59

Cancellation Services Hotels Accommodation 59

Little Hotelier

MAY 12, 2024

Mamori House at Koh Larn is a private Japanese-style accommodation with only five rooms available. As a new business, it was vital to attract customers and create business turnover. But I came across Little Hotelier while searching online and saw many small accommodations in Thailand were using the solution.”

Overbooking 52

Overbooking Cancellation Accommodation Intent 52

Inn Quest

OCTOBER 11, 2023

Booking.com If you’re looking for a user-friendly OTA with a wide array of accommodation options, Booking.com is a top pick. Airbnb For a unique twist on travel accommodations, Airbnb remains a standout choice. Booking Flexibility: Look for options that allow changes or cancellations.

OTA 88

OTA Travel Cancellation Accommodation 88

SiteMinder

FEBRUARY 13, 2023

SiteMinder’s new Hotel Booking Trends report, the only hotel commerce data analysis of more than 35,000 hotels and 450+ connected booking integrations, has revealed travellers booked their trips on average eight days earlier, and cancelled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

SiteMinder

FEBRUARY 28, 2023

This article will take you through the state of play, the opportunity for your business, and the actions you need to take to capitalise on the return of the world’s largest tourism segment. Of the 10 markets surveyed, Chinese travellers are the most heavily concentrated in these two accommodation types.

Tourism 105

Tourism Travel Accommodation OTA 105

Hotel Business

SEPTEMBER 9, 2024

For example, when a major airline experiences a system issue that results in widespread flight cancellations, hotels must quickly adapt to a flood of changed arrival times, extended stays, activity itinerary adjustments and even surges in new booking requests from stranded travelers.

Travel 52

Travel Cancellation Scale Accommodation 52

Little Hotelier

AUGUST 29, 2023

The aim is to generate a hotel return on investment (or hotel ROI); money that you can either reinvest in the business or extract as profit. It could be that you’re buying a hotel business or investing in one you already own through things like property extensions and renovations, hotel marketing, employee training and hotel software.

ROI 98

ROI Hotels Average Length of Stay Revenue 98