Hotel Business

SEPTEMBER 9, 2024

Such surges and disruptions have heightened interest in correcting a critical vulnerability for hotels: the lack of technological resilience and flexibility in managing guest bookings and operations. Hotels in the area would need to swiftly manage a wave of cancellations while simultaneously fielding new bookings for the rescheduled dates.

Travel 52

Travel Cancellation Scale Accommodation 52

SiteMinder

JANUARY 8, 2024

Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Learn more Different parts of hospitality management operations Hospitality is an umbrella term to many industries. Operations management in the hospitality industry is a broad term.

Operations 59

Operations Management OTA Hotels 59

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 Occupancy Overbooking Hotels 52

SiteMinder

JANUARY 8, 2024

Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Learn more Different parts of hospitality management operations Hospitality is an umbrella term to many industries. Operations management in the hospitality industry is a broad term.

Operations 52

Operations Management OTA Hotels 52

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

Little Hotelier

MARCH 25, 2024

Cancellation data: How types of guests and times of year affect cancellation and no-show rates. bad weather, surprise events or event cancellations). Work to identify opportunities and understand why issues occur, such as the reason behind cancellations and no-shows. Adjust your goals as new information comes to light.

Forecasting 52

Forecasting Cancellation Average Length of Stay Revenue 52

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

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. Operational Challenges: Managing overbookings requires staff time and resources.

Overbooking 88

Overbooking Cancellation Forecasting Occupancy 88

Little Hotelier

MAY 12, 2024

Mamori House at Koh Larn is a private Japanese-style accommodation with only five rooms available. But I came across Little Hotelier while searching online and saw many small accommodations in Thailand were using the solution.” It’s very easy to understand and you can always see when customers make reservations or cancel them.

Overbooking 52

Overbooking Cancellation Accommodation Intent 52

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 Business

NOVEMBER 16, 2023

In the last few years, many in-person meetings, events and conventions worldwide were canceled or postponed. It also has 22 open and operating hotels that either are or will be undergoing a renovation or brand conversion. Through Q3 2023, New York also has the most new construction starts of any market in the U.S.

Market 122

Market Marketing Construction Pipeline 122

SiteMinder

JUNE 11, 2024

Brady Hotels & Apartments is an independent hotel group owned and operated out of Melbourne, Australia. We recently spoke to Alexandra Rolton , Strategic Sales & Key Account Manager , about the group’s operations and how it has been utilising SiteMinder’s platform to optimise operations and revenue strategies. “We

Global Distribution System 98

Global Distribution System Revenue Hotels Operations 98

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

STAAH

JUNE 6, 2023

A hotel booking engine is a crucial tool for hotels and accommodation providers in today’s time. It plays a key role in the overall success of a hotel’s operations. You can easily set up your booking cancellation policy on STAAH Booking Engine. Result – increased retention and bookings.

Cancellation 76

Cancellation OTA Global Distribution System Revenue 76

Hotel Business

JULY 9, 2024

“Featuring advanced platform technologies that include AI, communications and control, the new CLOi ServeBot is going to help our hospitality and healthcare customers streamline their operations. It also is equipped with a front-facing 10.1-in. display that serves as a mobile advertising platform.

Services 104

Services Hotels Revenue Business 104

Boutique Hotel News

DECEMBER 5, 2022

The API integration will enable travel agents and customers see key information such as cancellation policies, whilst allowing Hilton and Amadeus to access details such as credit card information and meal plans and preferences. . Previous connectivity through multiple APIs meant that changes to content could not be easily accommodated.

Global Distribution System 52

Global Distribution System Cancellation Accommodation Travel 52

SiteMinder

MARCH 13, 2024

Often travellers will use apps via their mobile devices to research, book, and pay for hotel accommodation. Hotel booking apps are now a dominant source of bookings for accommodation providers, with travellers booking their trips online more often than not. Table of contents Why should you be aware of the best hotel booking apps?

Hotels 78

Hotels Accommodation Global Distribution System Travel 78

Little Hotelier

APRIL 28, 2023

The best booking calendars grant a hotel the ability to manage their reservations from a single screen: you can view past reservations, modify existing reservations, cancel future reservations and more. Ensure all your booking channels connect and sync to your main accommodation booking calendar, and use it exclusively.

OTA 52

OTA Cancellation Hotels Accommodation 52

Little Hotelier

FEBRUARY 5, 2024

It simplifies day-to-day operations by centralising all property management tasks in one system, saving time and reducing manual errors. This allows hoteliers to enhance their operations and guest experiences by connecting with other relevant tools and services. It offers a package that covers several areas of hotel management.

Management 59

Management Overbooking OTA Accommodation 59

SiteMinder

SEPTEMBER 6, 2023

Reduced cancellation risks : The closer the booking is to the stay date, the less likely it is to be cancelled. Operational efficiency : Knowing you have a full house can streamline other operational decisions, from staffing levels to food and beverage orders. This adds a layer of reliability to your occupancy rates.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

Hotel Speak

MAY 25, 2023

Over the past years, we’ve seen dramatic shifts in the way the hospitality industry operates. Be it that your company offers the cheapest weekly rate hotels or large-scale exclusive operations, these changes are not random; they are reflective of larger global trends and shifts in consumer behavior, technology, and sustainability.

Travel 104

Travel Hospitality Services Operations 104

Hotelogix

SEPTEMBER 12, 2024

A Hotel Property Management System (Hotel PMS) is software that helps hotels efficiently organize, schedule, and manage their daily operations. Also known as hotel software, it functions as the nerve centre of hotel operations, facilitating a smooth flow of interdepartmental information. to make key business decisions.

Management 52

Management Revenue Management Hotels Operations 52

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

Hotel Speak

SEPTEMBER 26, 2024

Good weather can lead to a sudden spike in bookings, while poor weather can result in cancellations and slower demand. Many hotels have mitigated some of these costs through long-term contracts, but with further rises anticipated, this remains an area of focus for operational strategies.

Market 88

Market Marketing Hotels Forecasting 88

eZee Absolute

OCTOBER 16, 2023

The resort offers an array of luxurious accommodations, including spacious rooms with panoramic views and more than 46 private cottages ensconced within lush greenery. This not only made day-to-day operations more complicated and time-consuming but also restricted the resort’s capacity to expand its business.

Resorts 52

Resorts Tourism Fair Share Operations 52

Little Hotelier

NOVEMBER 18, 2024

Hotels that don’t charge a deposit are typically smaller, independently run operations, such as boutique hotels, B&Bs and hostels. If you cancel before the deadline (usually 1-3 days before check in) you get your money back, and after that, you’re charged for the first night if you don’t show.

Motels 52

Motels Hotels Target Marketing Cancellation 52

Hotelogix

OCTOBER 18, 2023

It's a comprehensive solution that empowers your hotel to optimize operations, deliver exceptional guest experiences, and thrive in a competitive industry.  👉At its core, a Hotel Reservation System centralizes and automates the booking process, simplifying guest interactions and hotel operations. 

Business 40

Business Global Distribution System Cancellation Hotels 40

Little Hotelier

JUNE 5, 2023

Airbnb Instant Book is a feature on the Airbnb platform that allows guests to book accommodations instantly without needing approval from the host. Hosts can still cancel the booking later if they’re concerned, but some small hoteliers prefer to have a vetting process built in. Implement a rigorous cancellation policy.

Cancellation 52

Cancellation Management Revenue Business 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

SiteMinder

SEPTEMBER 18, 2024

Smoky Mountain Resorts combines family-friendly accommodation with the exhilaration of adventure across three Tennessee locations. Thankfully, SiteMinder’s platform was perfectly suited to ensure the group not only managed operations seamlessly, but flourished.

Scale 52

Scale Resorts Management Business 52

Cloudbeds

APRIL 24, 2023

At the same time, however, it has increased the exposure of lodging operators to a growing problem: credit card fraud. For owners and operators of independent lodging businesses, credit card fraud is not only time-consuming and costly, but it can also damage traveler trust, guest loyalty , and online reputation. Security compliance.

Hotels 98

Hotels Cancellation Operations Consumer 98

eZee Absolute

OCTOBER 19, 2023

For hotels and businesses in the hospitality sector, adhering to E-Invoicing requirements in India is crucial for a smooth and hassle-free operation. This technology ensures compliance with e-invoicing regulations, streamlines financial operations, and enhances guest experiences through efficient and accurate invoicing.

Cancellation 52

Cancellation Hotels Business Management 52

Hotel Speak

JANUARY 25, 2024

It organizes all the information they need — whether it’s flights, accommodation, car rentals or vacation packages — on a single results page. Personalization and ownership of the guest profile are top of the agenda for the OTA and hotel operators alike.” Kayak and Trivago are both examples of metasearch engines.

OTA 96

OTA Cost Per Click Hotels Cancellation 96

Cloudbeds

APRIL 24, 2023

At the same time, however, it has increased the exposure of lodging operators to a growing problem: credit card fraud. For owners and operators of independent lodging businesses, credit card fraud is not only time-consuming and costly, but it can also damage traveler trust, guest loyalty , and online reputation. Security compliance.

Hotels 92

Hotels Cancellation Operations Consumer 92

STAAH

MAY 30, 2023

With the rise of online travel sales and the influence of e-commerce and review sites, accommodation providers must adapt to the evolving distribution landscape. that individual operators can only dream of. This article highlights the non-negotiable elements that form the foundation of a profitable hotel distribution strategy.

OTA 87

OTA Hotels Revenue Travel 87

SiteMinder

FEBRUARY 28, 2023

These measures may slow down the influx of guests from China to your location but 2023 still promises to herald their return, especially since China’s aircraft were still operating domestically throughout the pandemic and are hampered only by the required ramping up of staff to manage international flights.

Tourism 105

Tourism Travel Accommodation OTA 105

Cloudbeds

JULY 15, 2023

The same happens with a cancellation. It then pushes ARI updates to that channel and, for two-way sync, it imports reservations/cancellations into your Channel Manager, PMS, and/or CRS dashboard. In the case of one-way sync, reservations or cancellations will not be imported.

Management 76

Management OTA Cancellation Overbooking 76