Remove Average Daily Rate Remove Global Distribution System Remove Revenue Management
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8 Essential Features To Consider When Choosing a Revenue Management Solution for Your Hotel

STAAH

Hoteliers need to employ smart strategies to optimize revenue and profitability. One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS). This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.

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Exclusive: Choice reports direct bookings boom, continued RevPAR growth

Hotel Management

In 2022, Choice Hotels Australian RevPAR rose 31% on 2019, with average daily rates (ADR) up 10% on the same period. Australian revenue managed hotels had a 40% RevPAR increase in 2022 and ADR was up 10% on 2019 figures. That’s quite a resilient segment of the market,” Fraser said.

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Hanging Gardens of Bali maximises sales and improves channel management with SiteMinder

SiteMinder

Besral Sitorus, Cluster Revenue Manager of the hotel, expressed his satisfaction after relying on SiteMinder: “SiteMinder has a LOT of connections, which makes it easier for us to connect with valuable channels. The team was struggling to widen visibility via online channels with their previous technology solution.

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Effective Hotel Sales Strategies to Increase Revenue

Hotelogix

Streamline Distribution to Maximize Visibility Managing your distribution channels is key to maximizing your hotel's visibility. OTAs (like Booking.com or Airbnb), your website, and other platforms (like Global Distribution Systems or GDS) are the places travelers look for hotels.

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Advanced distribution strategies for hotels

Cloudbeds

Indirect channels, such as OTAs, metasearch sites, Global Distribution Systems (GDS) such as Amadeus and Sabre, travel agents, tour operators, and wholesalers, are third-party platforms that serve as intermediaries by listing hotel rooms. Instead of trying to outbid large OTAs, focus on finding the right balance.

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2023 in Review: A Year of Improving the Travel Experience for Everyone, Everywhere

Amadeus Hospitality

The enhanced Agency360+™ corporate performance dashboard delivers greater insight into corporations that are being booked via the Global Distribution System (GDS) in individual markets, providing users with more clarity as to which corporations and associated travel agencies are bringing the most value to their business.

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Hotel industry statistics: Guide for hotels

SiteMinder

globally next year. Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. Online sales in the hotel segment will generate 80% of total revenue in 3 years. Hotel occupancy will increase 2.5% in the next 12 months. million people.