Remove Accommodation Remove Events Remove Overbooking
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7 tips to make your overbooking strategy a success in 2024

STAAH

Overbooking can be a cost-effective strategy if implemented correctly. What is a hotel overbooking strategy? The hotel overbooking strategy is a revenue management technique that hotels use to maximise occupancy and revenue. Tips to make your overbooking strategy a success 1) Be data-driven in your approach.

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What is a hotel overbooking strategy? +4 ways to avoid overbookings

Cloudbeds

Overbookings can be stressful for the front desk and the guest, but you can manage them with ease if you have a proper plan in place. While for some hoteliers it’s best to avoid overbookings altogether, for others, a good strategy can increase revenue, improve the occupancy rate and mitigate losses. What is an overbooking strategy?

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How To Avoid Overbooking In the Hotel Industry

Inn Quest

Overbooking is a common problem in the hospitality industry, causing major issues for both – hoteliers and guests. Striking the perfect balance between fully booked rooms and avoiding overbooking can be a challenging task. This is why our guide discusses how to avoid overbooking in hotels. Why Do Hotel Overbookings Happen?

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Gear Up for Mahakumbh Mela 2025: Winning Strategies for Hoteliers to Attract and Delight Pilgrims

eZee Absolute

This mega-event is not just a spiritual confluence but also a catalyst for significant economic activity, providing a golden opportunity for the hospitality industry. During the 2013 Maha Kumbh, the event generated approximately 12,000 crore ($1.45 Here’s how hoteliers can leverage this event effectively: 1.

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Creating Restaurant Event Spaces that Sell

Social Tables

Although you may not have considered those occasions “events” at the time, that’s precisely what they were, and restaurants host more of them than we think. As the demand for private events grows and booking windows get shorter, more customers are looking for restaurant event spaces that meet their needs.

Events 88
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Encore Profits: How Hoteliers Can Cash In on Ed Sheeran’s India Tour with Smart Revenue Strategies

eZee Absolute

For hoteliers, events like this dont come often. Late Bookers Are Desperate Make It Work in Your Favor A week before the concert, most budget-friendly accommodations are already sold out. Dont Let Overbooking or Cancellations Kill Your Revenue With a major event like this, cancellations and no-shows are inevitable.

Revenue 52
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Communication Strategies Can Help Manage High-Pressure Situations in Hospitality

Hotelier Magazine

For instance, a hotel may experience a sudden influx of guests due to a local event, leading to overbooking and potential guest dissatisfaction. For instance, a hotel can use a mobile app to send push notifications to staff about important updates, such as changes in the schedule or special events.