SiteMinder

JUNE 18, 2023

Direct bookings are a vital part of your hotel’s ability to be a successful accommodation business. Direct bookings give you more control over your reservations, closer relationships with your guests, and more profit in your pocket. Simply fill in the form to get your free guide

Cancellation 105

Cancellation Accommodation Business Hotels 105

STAAH

MAY 24, 2023

Market insights provide numerous benefits for accommodation providers. Let’s look at some of the key advantages 1) Understanding guest search information: By gaining access to guests’ search information, hoteliers/accommodation providers can get a quick overview of what potential guests are looking for.

Market 85

Market Marketing Cancellation Accommodation 85

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 93

Overbooking Cancellation Upsell Revenue 93

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 Global Distribution System 102

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

Hotelogix

OCTOBER 11, 2024

A no-show in the hotel industry occurs when a guest makes a reservation but fails to show up or cancel their booking in advance. Competing Offers: Guests may find better deals elsewhere or decide to stay with friends or family, leading to last-minute cancellations or no-shows. We want to accommodate you as best as we can!"

Cancellation 52

Cancellation Overbooking Occupancy Hotels 52

SiteMinder

SEPTEMBER 18, 2024

Smoky Mountain Resorts combines family-friendly accommodation with the exhilaration of adventure across three Tennessee locations. We get notified of cancellations through the integrations, which allows better visibility on inventory and guest records,” explained Heather.

Scale 52

Scale Resorts Management Business 52

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

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

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

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 83

Cancellation General Manager Travel Marketing 83

Hotelogix

OCTOBER 18, 2023

In this comprehensive guide, we delve into what a hotel reservation system entails and highlight its pivotal role in modern hotel businesses' success. It enhances guest satisfaction, optimizes operational efficiency, and drives revenue growth for your hotel business. 

Business 40

Business Global Distribution System Cancellation Hotels 40

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 OTA 59

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

Little Hotelier

MARCH 25, 2024

The importance of forecasting in hotel industry businesses cannot be understated. Factors that affect hotel demand forecasting Hotel forecasting means different things to different hotel businesses. Cancellation data: How types of guests and times of year affect cancellation and no-show rates.

Forecasting 52

Forecasting Cancellation Average Length of Stay Revenue 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

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

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

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

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 Operations 98

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

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

SiteMinder

NOVEMBER 15, 2022

Some hoteliers love using this strategy to boost their revenue and protect their property from losing out due to last-minute cancellations. Many hotels do this deliberately to offset last-minute cancellations or no-shows and avoid losing revenue and occupancy. Check your data to see how many cancellations and no-shows you can expect.

Overbooking 52

Overbooking Cancellation Occupancy Closing 52

Little Hotelier

MARCH 10, 2024

A hotel competitor analysis allows your hotel or small accommodation to compare the strengths and weaknesses of your local peers with your own business, so you can work on being the most attractive option for visiting travellers. For example, if you are a budget property, you would compare yourself to other budget accommodations.

Accommodation 52

Accommodation Hotels Services Marketing 52

SiteMinder

NOVEMBER 30, 2023

Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. Artificial intelligence will become an accommodation recommendation tool for 68% of millennials.

Travel 52

Travel Accommodation Tourism Hotels 52

Little Hotelier

JUNE 27, 2024

Booking.com, the world’s largest online travel agency (OTA), forms a primary booking channel for a vast number of hotels and accommodation providers. By understanding your payment options for Booking.com, you can choose the one that works best for your business, and that will maximise the amount of bookings you secure.

Cancellation 52

Cancellation OTA Accommodation Services 52

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 92

Global Distribution System Travel Business Services 92

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

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 98

Hospitality Cancellation Marketing Market 98

Inn Quest

JUNE 6, 2023

Emergence of alternative lodging options: Firstly, it is clear that OTAs have become an integral part of the travel and hospitality industry, providing a convenient and efficient platform for travellers to book accommodations and experiences. Book a demonstration of our award-winning hotel management software here.

OTA 52

OTA Hospitality Cancellation Consumer 52

SiteMinder

DECEMBER 4, 2023

Hotel industry statistics refer to data and metrics relating to hotels and other accommodations in the industry. Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. The average cancellation rate is 20%. s accommodation industry employs about 1.6

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

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

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 88

OTA Online Sales Cancellation Services 88

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

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 88

Hospitality OTA Travel Cancellation 88

Little Hotelier

JUNE 29, 2023

Travellers can find your hotel by searching for accommodations in your area, compare prices, read reviews, and ultimately make a reservation. Everybody knows that if you’re not mobile responsive, then you’re not really open for business! This means that no money will be returned to the guest, should they cancel at any time.

Cancellation 52

Cancellation Hotels OTA Travel 52