Hotelogix

JULY 11, 2024

In this blog, we will delve into different aspects of hotel revenue management and explore top tips and tricks to help you optimize your hotel’s revenue potential.    What is Revenue Management in Hotels?

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Revenue Management Revenue Management Hotels 52

SiteMinder

JANUARY 14, 2025

Travelport GDS is a global distribution system vendor that connects travel service providers (hotels, airlines, car hire companies) with travel agents who book these services on behalf of their clients. We used to have to block a few rooms in the busy season to make sure that there were no double bookings.

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Xotels

APRIL 3, 2024

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies.

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SiteMinder

AUGUST 1, 2024

What is a hotel business plan? A hotel business plan is a comprehensive document that outlines your hotel’s goals, strategies, and financial projections. It’s a vital tool for any hotel owner or operator, whether you’re starting a new hotel, expanding an existing business, or improving your current operations.

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Business Revenue Hotels Occupancy 95

SiteMinder

JUNE 11, 2024

Learn more Smart solutions make difficult work easy Brady Hotels has been particularly impressed by a few of SiteMinder’s most powerful features; the Channel Manager , Insights , and Global Distribution System (GDS). We also maintain rate parity with our consortia preferred rates and offer a 24 hour cancellation policy.”

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Global Distribution System Revenue Hotels Cancellation 98

Hotelogix

NOVEMBER 7, 2024

The right sales tactics can help increase revenue, boost occupancy rates , and ensure guests have a positive experience. 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.

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SiteMinder

JANUARY 30, 2023

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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SiteMinder

JUNE 26, 2024

What is revenue optimization? Revenue optimization in hotels is a comprehensive strategy that accounts for all revenue streams and uses data to enhance the overall revenue performance of the business. Table of contents Why is hotel revenue optimization important?

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SiteMinder

DECEMBER 20, 2023

What is a hotel business? A hotel business is simply an establishment that offers guests a place to stay. No matter which definition you use, the ultimate goal of all hotel businesses is the same: to attract more guests, fill more rooms, and maximise the value of every booking. Here’s a basic list to get you started.

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Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. Hotels have worked with third parties such as airlines, travel agents, online travel agents (OTAs) and the Global Distribution System (GDS) for decades.

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OTA Hotels Revenue Marketing 101

Cloudbeds

JANUARY 22, 2025

This makes it particularly relevant for businesses like hotels (but also restaurants, casinos, or airlines), which often face high rent expenses. Business intelligence software To improve EBITDAR, teams can use business intelligence software to collaborate, identify opportunities to reduce costs, and find ways to increase revenue.

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Revenue Hotels Operations Average Daily Rate 40

Cloudbeds

FEBRUARY 28, 2024

The reservation system acts as the central hub of the reservation ecosystem, which may also include a website booking engine, channel manager, and revenue management system. When integrated, these modules work together to help hotels manage room availability, distribution, reservations, and revenue.

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Revenue Management Hotels Revenue Operations 98

SiteMinder

DECEMBER 22, 2022

It’s been SiteMinder’s mission to provide valuable resources to all properties, so they can be better equipped to tackle any adversity and learn how to fulfil the potential of their business. Now, onto the podium… Our top three most viewed blogs in 2022 were: What is a global distribution system (GDS) and is it right for your hotel?

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Inn Quest

SEPTEMBER 5, 2023

Effective hotel inventory management relies on technology solutions like Property Management System s (PMS), Channel Managers, and Revenue Management Systems (RMS) to automate tasks, analyze data and make informed decisions. Implementing an RMS helps maximize revenue by adjusting rates dynamically.

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Little Hotelier

JULY 31, 2024

We spoke to Ulfa Oktafiani , E-Commerce & Revenue Manager , about how the property keeps operations running smoothly when there is so much to manage. Moreover, Insights also contributes a great deal to the hotel’s business strategy. It can show which source markets have high demand,” she explained. “It

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SiteMinder

JULY 15, 2024

We spoke to Ulfa Oktafiani , E-Commerce & Revenue Manager , about how the property keeps operations running smoothly when there is so much to manage. ” Moreover, Insights also contributes a great deal to the hotel’s business strategy.

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Hotelogix

AUGUST 27, 2024

This means using a mix of online and offline channels, like Online Travel Agents (OTAs), meta-search engines, direct bookings, reviews, Global Distribution Systems (GDS), and more.   What is a Distribution Channel in the Hotel Industry? Hotel distribution channels are the different ways hotels sell rooms to guests.

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Amadeus Hospitality

DECEMBER 21, 2023

Throughout it all, we’ve kept pace with the evolutions of an industry where hotel occupancies outperformed 2022 , group business in the top 25 U.S. Part of our evolution has stemmed from actions taken in response to our 2023 “Voice of Customer” Business Domain survey results. markets has already recovered by 99.1%

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SiteMinder

OCTOBER 22, 2024

To help keep operations running efficiently and profitably, the group uses SiteMinder’s leading platform to manage distribution, revenue management, improve their online visibility and use analytics to make informed decisions. SiteMinder allows us to connect to various distribution channels and makes the connection easy.

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Little Hotelier

OCTOBER 30, 2024

Look for affordable options that align with your budget, while still providing the key integrations that will help grow your business. CRM integration Customer relationship management (CRM) integration helps you personalise guest experiences by tracking preferences and interactions. This can boost guest loyalty and repeat business.

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OTA Motels Upsell Overbooking 59

Cloudbeds

OCTOBER 17, 2024

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.

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eZee Absolute

OCTOBER 24, 2024

But before we get into the techie part, let’s understand what exactly hotel distribution is. By nailing distribution, hotels can build loyalty, drive repeat business, and stay ahead in the game. Guests expect consistency and ease, whether they’re booking on a hotel’s website or through an online travel agency.

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Hotels Revenue Management Overbooking Revenue 59

Cloudbeds

APRIL 2, 2024

The number of booking channels lodging businesses must manage has expanded exponentially, from their website to online travel agencies , bed banks, GDS’, and metasearch engines. The most effective distribution strategies in the hospitality industry are dynamic. The revenue management system (RMS).

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Revenue Management Occupancy Revenue Hotels 52

SiteMinder

OCTOBER 23, 2023

Why is hotel channel manager comparison important? A hotel channel manager comparison is crucial to ensure that you are investing in the best piece of software for your business. One of the most important pieces of technology for your hotel is a channel manager so it’s vital you get the best value for money.

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SiteMinder

OCTOBER 11, 2022

This can however be situated next to reception to ensure coordination and teamwork during busy periods. Front of house staff need to have easy and instant access to the hotel’s booking system as well as the internal communications system so that they can quickly resolve any queries that guests have. Operations manager.

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Operations Management Hotels Revenue Management 59

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. This kind of data is invaluable for hoteliers who want to analyse performance, benchmark, forecast, and plan strategically to ensure business success. 64% of loyalty members are business travellers.

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Occupancy Hotels Revenue Average Length of Stay 59

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. In this guide for hospitality professionals, you’ll learn all about Channel Managers, from how they work to what makes great software for your business specifically.

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Hotelogix

OCTOBER 24, 2024

A Central Reservation System (CRS)  helps hotels manage room availability, pricing, and bookings from different channels. These channels include Online Travel Agencies (OTAs) like Booking.com, direct bookings through the hotel’s website, and Global Distribution Systems (GDS).

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SiteMinder

JANUARY 8, 2024

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Even if you don’t have the luxury of hiring a full team of staff, it’s not impossible to run a successful small hotel business.

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SiteMinder

JANUARY 8, 2024

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Even if you don’t have the luxury of hiring a full team of staff, it’s not impossible to run a successful small hotel business.

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Fuel Travel

JULY 11, 2024

This information is sourced directly from the hotel’s property management system. If the hotel is using a revenue management platform, the specific rates are managed and optimized in either that system or in the PMS itself. Why it matters: Efficient channel management maximizes occupancy and revenue.

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Catala Consulting

FEBRUARY 24, 2025

Hotel distribution is the backbone of a successful revenue management strategy. In todays digital landscape, travellers have countless ways to book a hoteldirect websites, online travel agencies (OTAs), global distribution systems (GDS), metasearch engines, and even social media platforms.

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Hotelogix

JANUARY 12, 2025

Rate Parity : Ensures that your room rates remain consistent across all distribution channels, from OTAs to your direct website. This practice simplifies revenue management, builds trust with booking partners, and avoids conflicts between platforms. For more details, check out the Hotelogix Blog on Hotel Distribution Channels.

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