Inn Quest

AUGUST 8, 2023

During peak seasons, when rooms are in high demand, higher rates can help control the rate of bookings, preventing overbooking scenarios. During peak seasons like holidays, festivals or local events, the demand for accommodations tends to surge.

Hotels 88

Hotels Occupancy Overbooking Revenue 88

Hotelier Magazine

NOVEMBER 1, 2024

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.

Management 59

Management Hospitality Services Events 59

Cloudbeds

APRIL 23, 2024

In the hospitality industry, RFPs are usually sent to hotels by event planners, corporate travel managers, tournament organizers, travel management companies, or production companies. Skift found that in September 2023, RFPs for events more than 12 months away were at 98% of 2019 levels, indicating the recovery of global business events.

Business 52

Business Events Hotels Sales 52

Little Hotelier

OCTOBER 11, 2023

hotels should consider a number of local factors, such as the climate, local holidays and events, school terms and target guests. If it’s an event of some kind, you can include tickets to the event in the room rate, as well as transport to and from the event. Learn more When is peak travel season for hotels?

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

Hotelogix

OCTOBER 11, 2024

Seasonal Influences: Holidays and special events can impact travel plans. By leveraging this data, hotels can adjust their overbooking strategies and better understand their no-show rates. We want to accommodate you as best as we can!" Read Also: How to Avoid Hotel Overbooking Issues? How No-Shows Impact Hotels?

Cancellation 52

Cancellation Overbooking Occupancy Hotels 52

SiteMinder

SEPTEMBER 4, 2023

From exquisite rooms, amazing dining options, and fabulous event venues, Chatrium is truly a premium accommodation choice. This has not only saved us countless hours but has also reduced the risk of errors and overbookings, providing a seamless booking experience for our guests.” We wish you all the best for the future.

Operations 98

Operations Revenue Hotels OTA 98

Clock Software Hospitality

NOVEMBER 24, 2020

Millennials invest their spending potential in guest experiences and encourage their peers to do the same, which has resulted in a reversal of roles: independent hotels now cater heavily to luxury travel, while established brand chains are investing in affordable accommodation.

Upsell 52

Upsell Hotels Accommodation Events 52

Hotelogix

SEPTEMBER 12, 2024

Scalability : The PMS should grow with your business and accommodate future needs. Banquet & Event Management : Manages bookings and billing for hotel event spaces. Choosing the right PMS for your hotel requires assessing various factors: Hotel size and type : Different hotels have different needs.

Management 52

Management Revenue Management Hotels Operations 52

SiteMinder

OCTOBER 20, 2022

In its early days around 2007, Airbnb appeared to be positioned in a niche for budget-conscious travellers, who did not mind sharing their accommodation with their hosts. Rakuten also operates its Travel Exchange API, meaning that it does distribute its inventory of hotels and other accommodations through other parties. Latin America.

Average Length of Stay 52

Average Length of Stay Hotels Accommodation Management 52

Xotels

APRIL 3, 2024

For analysing market situations, the demand calendar includes key indicators such as RevPAR (Revenue Per Available Room) and demand levels from the previous year, along with factors like groups or events, bank holidays, school holidays, and exceptional demand indicators for the current year.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Cloudbeds

JULY 15, 2023

And even then, manually-managed distribution is risky: any delays in updating rates and availability on a channel’s extranet could mean selling a room that isn’t available or selling at a lower rate, which can lead to overbooking and sub-optimal yield management. In the case of one-way sync, reservations or cancellations will not be imported.

Management 76

Management OTA Cancellation Overbooking 76

MediaBoom

MARCH 14, 2024

With over 80% of leisure travelers globally booking accommodations online in 2024, as per Statista, the shift towards online travel booking is unmistakable. Through a blend of online, offline, or combined efforts, the approach to promoting accommodations is continually adapting.

Digital Marketing 72

Digital Marketing Services Marketing Market 72

Hotelogix

OCTOBER 18, 2023

What is a Hotel Reservation System A Hotel Reservation System is a software solution designed to facilitate and manage booking accommodations and other guest-related services at your hotel.  This prevents overbookings, eliminates misunderstandings, and ensures that guests receive precise information when making reservations.

Business 40

Business Global Distribution System Cancellation Hotels 40

Cloudbeds

APRIL 30, 2024

During peak seasons, higher prices can prevent overbooking, while lower prices during off-peak times can attract more guests. Special events can trigger a spike in demand centered around particular dates. If you can offer better value at a similar price to your compset, you’ll likely attract more bookings. Maximizing occupancy.

Revenue 52

Revenue Revenue Management Occupancy Hotels 52

Little Hotelier

MARCH 10, 2024

Features Streamlined booking management : Little Hotelier’s intuitive system simplifies booking and reservation management for small hotels, ensuring easy tracking of availability and confirmations, thus minimising overbooking and enhancing guest check-in experiences.

Hotel Sales 52

Hotel Sales Sales Revenue Management Revenue 52

SiteMinder

NOVEMBER 30, 2023

Table of contents Why hotels need to incorporate travel technology Potential customers are increasingly looking to their mobile devices to solve their problems for them, and this is also the way they are searching for, and booking, travel and accommodation.

Travel 52

Travel Hotels Services OTA 52

SiteMinder

AUGUST 29, 2023

Host events and functions Similar to the last point, if you have the space to host special events you should do so. Practically every successful hotel business relies on cutting edge technology to maintain their edge in an increasingly digitised and competitive accommodation landscape.

Revenue 52

Revenue Hotels OTA Operations 52

Cloudbeds

JUNE 8, 2023

Choose an engine with localization support to attract and accommodate international visitors. Reservations made on your website should automatically sync with your hotel property management system and across all your OTA channels so you don’t get overbookings. No more overbookings. Accept secure payments. Book a demo 2.

Management 98

Management Hotels Revenue Digital Marketing 98