This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Tip for Hoteliers: Look for a cloud-based PMS that allows real-time updates, offers mobile access, and can easily scale as your business grows. A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies.
The property boasts 148 well-appointed rooms, an array of world-class resort-style facilities, including dining, a business centre and a wide range of retail outlets. Thoughtfully curated spaces make the property a refuge for business and leisure travellers alike. Airways prides itself on its highly personalised butler service.
By implementing an inventory tracking system, hotels can minimize underbooking, reduce overbooking risks, set competitive prices and provide a seamless guest experience, ultimately leading to increased revenue and improved operational efficiency. This prevents overbooking and rate disparities, enhancing the guest experience.
Have you ever attended a birthday party, holiday gathering, or business meeting at a restaurant? You shouldn’t have to change up your entire business to accommodate events if you utilize restaurant spaces well. Work with the space you have, and look for opportunities to increase profits—in and outside of standard business hours.
This blog outlines simple, actionable strategies that hotels of all sizes can use to grow their business, from direct bookings to pricing strategies and everything in between. Read also: Guide on Customer Retention in Hotel Industry Encourage Group Bookings: Offer discounts or packages for weddings, business events, or group travel bookings.
From exquisite rooms, amazing dining options, and fabulous event venues, Chatrium is truly a premium accommodation choice. Further to that, it opens up opportunities to unlock more revenue for the business. Want unbeatable revenue results for your own hotel or accommodation business? We wish you all the best for the future.
That’s a recipe for overbookings and lost revenue. Business Intelligence & Reporting Dashboards How to handle all of that data of your hotel? Business intelligence dashboards pull from multiple sources, giving you concise, actionable information on revenue trends, booking patterns, and guest behaviorsin one place.
SiteMinder creates a seamless reservation process that saves us several hours of manual work every week and drastically reduces the risk of unwanted overbookings,” Jon highlights. For instance, they choose bigger rooms, often dine at our restaurant or book other add-ons or packages.” But adding partners used to be challenging.
Yield management is a pricing and revenue management strategy that is used to maximise business performance. Table of contents History and development of yield management Yield management, which originated in the airline industry, marked a revolutionary shift in how businesses approached supply and demand. What is Yield Management?
Tip for Hoteliers: Look for a cloud-based PMS that allows real-time updates, offers mobile access, and can easily scale as your business grows. A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies.
Once a booking is made, automated emails kick in, confirming the reservation and even suggesting add-ons like room upgrades or dining options. Direct bookings are the lifeblood of your business , offering a pathway to profitability that sidesteps the commissions paid to online travel agents.
Food and Beverage Services: This department manages all dining and catering services within the hotel, including restaurants, room service, banquets, and bars. Failure to do this can result in lost revenue opportunities or overbooking during peak periods. Clean and well-maintained rooms are essential for guest comfort and safety.
Not only is it an exclusive retreat with direct access to the magnificent rice fields and enchanting Ayung River, the service at Kupu Kupu Barong is completed with facilities such as a private pool, L’Occitane Spa Experience, fine dining at La View Restaurant, and activities such as trekking, river rafting, and yoga.
Not only is it an exclusive retreat with direct access to the magnificent rice fields and enchanting Ayung River, the service at Kupu Kupu Barong is completed with facilities such as a private pool, L’Occitane Spa Experience, fine dining at La View Restaurant, and activities such as trekking, river rafting, and yoga.
Resort revenue management has become an indispensable tool for businesses, fostering strategies that maximize yield and build strong customer relationships. Originating from the airline industry, this approach has been effectively integrated into the resort business model. Why is Revenue Management Imperative for Resorts?
This synchronization minimizes the risk of overbookings and ensures optimal room distribution. These insights empower hotels to remain competitive and meet business goals effectively. Whether guests dine at the hotel restaurant or book spa treatments, their charges are managed effortlessly.
Those that don’t keep up risk losing business. 👉 Read Also - Best Hotel Management Books Every Hotelier Should Read Healthier Food Choices Hotels are focusing on organic, farm-to-table dining with locally sourced ingredients. Hotels are changing fast.
Cross-Selling Hotel Amenities Beyond room upgrades, reception staff can also promote other hotel amenities such as spa services, dining options, and local tours. Reception staff must be trained to manage reservations dynamically, accommodating walk-ins and overbookings in a manner that optimizes room availability and revenue.
When travelers book on your website, you can upsell them to premium rooms and cross-sell onsite services and add-ons like breakfast, dining, spa, and recreation. This will help you increase occupancy, maintain rate parity, and prevent pricing errors, overbookings, and lost sales. Many third-party sites don’t offer this flexibility.
Bonus: Avoid the dreaded overbookings that could turn your holidays into a nightmare before Christmas! If your property offers dining, consider creating a limited-time holiday menu that captures the magic of the season. Feast for the Festive Spirits Whats the quickest way to a guests heart? Through their stomach!
Hotels are busy places that offer a variety of services to make guests feel welcome. Reservation Management: Effectively managing reservations ensures that the hotel maintains high occupancy levels while minimizing overbooking issues. In this blog, we will explore what hotel operations are, why they matter, and how they work.
The simple SiteMinder GDS user experience reduces the risk of overbooking and simplifies reservation management for hotels. Robust business travel integrations Apollo makes your hotel accessible to corporate travel agents and companies, helping you to win valuable bookings from business travellers.
Inventory and supplier management Efficiently managing inventory for dining, bars, and room amenities is vital yet challenging. Plus, it leads to complexities such as rate parity/inventory disparity, overbookings, and guest dissatisfaction. Also, it makes it easier to access those reports centrally.
Think lounge chairs, dining sets, and umbrellas that can handle sun and rain but still look good. Furniture type Commercial hotel furniture Built for heavy use, commercial furniture is ideal for high-traffic areas like lobbies and dining spaces. Up to today, we have never experienced overbooking after using Little Hotelier.
It’s critical to integrate your PMS and booking engine with a channel manager so that you can efficiently manage distribution through multiple OTAs, gain valuable data on channel profitability, and prevent overbookings. A channel manager is also an important hub for customer data and business intelligence.
A staggering 75% of consumers admit to judging a business’s credibility based on its website design. Through professional photography and thoughtful design, you can showcase the unique features of your accomodation, from luxurious rooms to exquisite dining options. By optimizing your website , you can increase organic traffic.
These bookings often occur due to sudden travel plans, business needs, or even whimsical decisions to take a quick getaway. Diverse clientele : Last-minute bookings attract a wide range of guests, from business travellers catching a late flight to spontaneous weekend adventurers.
Blackout dates are essential for efficient revenue management as they enable hotels to: Increase Earnings – By managing discounts and promotions, hotels can set higher prices during busy periods. Enhance Cash Flow – Increased rates in busy seasons assist in stabilizing income during quieter times.
Packaging Deals: Bundling rooms with spa treatments, dining credits, or tours to create unique offers unavailable on OTAs. Hotels that leverage these technologies reduce overbooking, optimize revenue, and maintain a balanced distribution mix. Offer Negotiated Corporate Rates to attract business travellers.
Avoid overbooking by ensuring availability updates are instant. Engage in Conversation: A simple, friendly chat about their travel or stay plans (without being intrusive) can help you build rapport and offer tailored recommendations like top local attractions or dining options. At this point Channel Manager becomes invaluable.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content