SiteMinder

MARCH 25, 2025

For example, during peak travel periods, an efficient reservations manager using a modern property management system (PMS) can swiftly allocate room blocks for group bookings or special events, maximising occupancy without overbooking. Efficiently managing OTAs and direct bookings is key to maintaining high occupancy rates.

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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.

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

Horizon Hospitality

JULY 10, 2024

In the competitive world of hospitality, one of the most critical challenges of hotel professionals is balancing room rates with occupancy levels. By ensuring rate parity and availability across channels, you can prevent overbooking and maximize exposure. Tailoring rates for different segments can optimize both occupancy and revenue.

Occupancy 52

Occupancy Revenue Yield Management Forecasting 52

STAAH

OCTOBER 15, 2024

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.

Operations 108

Operations OTA Overbooking Revenue 108

Inn Quest

SEPTEMBER 5, 2023

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.

Management 87

Management Overbooking Revenue Hotels 87

Hotel Speak

FEBRUARY 26, 2024

26, 2024 – Cloudbeds, the hospitality management platform powering more reservations and happier guests for independent lodging businesses around the globe, today released its 2024 State of Independent Lodging Report. Key findings from the report include: Occupancy patterns are projected to remain consistent in 2024.

Average Daily Rate 110

Average Daily Rate OTA Overbooking Travel 110

STAAH

JUNE 11, 2024

A successful balance between the two requires leveraging the strengths of each channel to inform your business goals. Channel management: Use a channel manager to synchronise availability and rates across all distribution channels, reducing the risk of overbooking and ensuring rate parity.

OTA 109

OTA Shopping Occupancy Overbooking 109

Inn Quest

AUGUST 8, 2023

Pricing plays a crucial role in determining the success of any business. When it comes to hotel businesses, one must continuously strive to achieve a balance between the customer experience and pricing. Seasonal pricing refers to rates that businesses charge during their peak or off-season. Firstly, What is Seasonal Pricing?

Hotels 88

Hotels Occupancy Overbooking Revenue 88

Inn Quest

APRIL 5, 2023

It is a dynamic pricing strategy that allows hotels to offer competitive prices during low-occupancy periods while maximizing profits during high-demand periods. It enables hotels to achieve this goal by analyzing data such as occupancy rates, booking trends, and seasonal patterns to adjust prices and inventory.

Yield Management 88

Yield Management Management Occupancy Revenue 88

SiteMinder

MAY 21, 2023

This has minimised revenue loss from vacant rooms while maximising our occupancy rates.” This eliminates manual updates, increases bookings and revenue, and eliminates concerns about overbooking or missing bookings. Previously, the resort handled all tasks manually, which was time-consuming.

Resorts 98

Resorts Overbooking Yield Management OTA 98

SiteMinder

AUGUST 13, 2024

The Tripadvisor owner login is a gateway for hotel owners and operators to manage their business listings on Tripadvisor. Table of contents Why should hotels use the Tripadvisor business login? Using the Tripadvisor business login can make a big difference in how you manage your hotel online. What is the Tripadvisor owner login?

Business 52

Business OTA Management Overbooking 52

STAAH

APRIL 16, 2024

An RMS that can sync seamlessly with various channels allows hoteliers to update room rates and availability across all platforms simultaneously, minimizing the risk of overbooking and ensuring maximum exposure to potential guests. Look for a solution that is scalable and flexible enough to accommodate the evolving needs of your business.

Revenue Management 108

Revenue Management Revenue Management Forecasting 108

SiteMinder

JUNE 12, 2024

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?

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Hotel Speak

AUGUST 13, 2024

Therefore, ensuring it’s easy for guests to book, whether direct or through third parties, is paramount to fulfilling a successful occupancy strategy and higher Average Daily Rate (ADR) goal. Online visibility leads to occupancy. From searching to booking, guests are influenced by an average of 38 websites before making a reservation.

Revenue 104

Revenue Sales OTA Average Daily Rate 104

STAAH

AUGUST 20, 2023

They wanted a platform that was fast and performant – quickly updating inventory and rates across multiple online channels, minimising errors and overbooking. Since moving to STAAH, KC Beach Club has increased its occupancy by 50% with a revenue growth to match. STAAH ticked all the boxes – and more.

Revenue 98

Revenue Overbooking Resorts Occupancy 98

Xotels

MARCH 3, 2025

Revenue management tools are software and systems that help hotels optimize pricing, control cost , maximize occupancy, and increase profitability. It monitors guest reservations, room occupancy, and overall performance metrics. That’s a recipe for overbookings and lost revenue. What Are Revenue Management Tools?

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Revenue Management Revenue Management Ancillary Revenue 40

SiteMinder

MAY 2, 2023

They told us about how SiteMinder has improved their day-to-day business and even helped them to increase their online sales. At the same time, availability is adjusted across all channels, which reduces the risk of overbookings. “We This in turn has a positive impact on occupancy and revenue.

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Overbooking Online Sales Hotels OTA 97

SiteMinder

MARCH 20, 2024

Fon Panananda Leeyawatanakul , Director of Sales , about the business and finding success with SiteMinder’s platform. Knowing by now that smart solutions are required to grow businesses and achieve success, Fon was glad to join Neera since it had already committed to leveraging the best technology available. We recently spoke to Ms.

Revenue 98

Revenue Branding Overbooking Operations 98

SiteMinder

OCTOBER 26, 2023

Dallas, USA – Brittain Resorts & Hotels (BRH), a leading full-service hospitality management company, has adopted SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, as part of its newly-announced business intelligence technology matrix.

Revenue Management 81

Revenue Management Revenue Resorts Management 81

eZee Absolute

DECEMBER 7, 2023

Rather, hotels when hiring revenue managers, look for people who have an understanding of a hotel’s business indicators and possesses analytical thinking. Myth #7: Overbooking is a curse and should NEVER be used Overbooking can make or break a hotel; it is like a double edge sword. 100% occupancy rate and better revenue.

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

SiteMinder

APRIL 28, 2022

On the edge of the busy city, The Dylan maintains a sanctuary of calm, with the property seeing guests from all walks of life; from business travelers, to holiday makers, to even those who require accommodation during medical treatments. SiteMinder’s website builder has had a significant impact on the business.

Overbooking 52

Overbooking OTA Occupancy Hotels 52

Cloudbeds

APRIL 23, 2024

From conferences to weddings and production crews, securing group business is a surefire way for hotels to fill occupancy months in advance. But how can you win more group business ? Hoteliers must find ways to manage and respond to RFPs in a way that makes them stand out from competing lodging businesses.

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Business Events Hotels Sales 52

eZee Absolute

APRIL 3, 2024

Manual processes often led to errors, overbooking, and inefficiencies, causing frustration among staff and guests alike. Using this data, they could adjust their rates dynamically, maximizing revenue and optimizing occupancy rates. Discover how eZee Centrix can elevate your hotel’s performance and drive growth.

Operations 52

Operations Business Occupancy Management 52

SiteMinder

SEPTEMBER 6, 2023

Direct bookings are the lifeblood of your business , offering a pathway to profitability that sidesteps the commissions paid to online travel agents. So, in essence, an effective online booking process is not just a feature; it’s an essential strategy for business growth and guest satisfaction.

Hotels 98

Hotels Revenue Occupancy Services 98

Hotelogix

JANUARY 19, 2025

By generating reports and analytics, the PMS provides valuable insights into occupancy trends , revenue performance, and guest preferences. This synchronization minimizes the risk of overbookings and ensures optimal room distribution. These insights empower hotels to remain competitive and meet business goals effectively.

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Management Operations Occupancy Revenue 40

Inn Quest

FEBRUARY 1, 2023

Integrated platforms help increase the hotel’s visibility, maximize occupancy, and decrease overbookings. With many businesses and individuals struggling financially, hotel managers must be mindful of their pricing and consider offering discounts and deals to attract budget-conscious guests. Learn more about us here.

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Management Consumer Hotels Overbooking 88

SiteMinder

JUNE 26, 2024

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. There’s a full range of advantages for hotels and hospitality businesses. business travelers, families) and tailor their pricing and promotions accordingly.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

Hotelogix

OCTOBER 4, 2024

Choosing the right OTA channel manager can streamline your hotel’s online distribution strategy, prevent overbookings, and boost overall profitability. This prevents overbookings and reduces manual work. Prevent Overbookings: Real-time updates reduce the risk of double bookings, ensuring a smoother guest experience.

OTA 52

OTA Management Overbooking Revenue 52

Hotelogix

APRIL 4, 2025

Keep them coming back for easier and cheaper occupancy boosts. No guests = No hotel Guests are your business's lifeblood. 👉 Read Also - Master Hotel Overbooking: Strategies That Work Hold onto your room keys, because the average consumer is reading a whopping 10 reviews before they trust a business.

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Online Marketing 52

Little Hotelier

APRIL 28, 2023

The accuracy and automation offered by these systems can also result in: Improved organisational decision-making, as you have a clearer view of your business. If you make it simple for a guest to book a room, and deliver a seamless guest experience, you’ll win more business. Overbooking was a common occurrence.

Motels 52

Motels Overbooking Hotels OTA 52

Little Hotelier

OCTOBER 11, 2023

Holiday periods are a busy time for everyone, and for a lot of people a mid-year break or festive period is the perfect opportunity to travel. This is exciting for your business because it presents an opportunity to push the limits of your occupancy and cash-in on increased revenue. To answer the question “when is peak season?”,

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Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

Catala Consulting

MAY 17, 2024

These frontline employees are instrumental in shaping the guest experience, impacting occupancy rates, and ultimately driving revenue. Enhancing Occupancy Rates through Efficient Management Managing Overbookings and Walk-Ins Reception staff play a critical role in managing overbookings and walk-ins, which are common in the hotel industry.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

Little Hotelier

APRIL 10, 2024

“It allows for seamless running of the business and frees up time which would otherwise have been spent doing admin, accounts, and banking. Time is incredibly valuable for small business owners, and certain tasks prove more efficient when automated. In the summer season, Hillside Haven experiences about 90% occupancy. “At

Revenue 52

Revenue Management Small Business OTA 52

Inn Quest

SEPTEMBER 12, 2023

Effective revenue management is crucial to optimize room rates, occupancy levels, and overall revenue. Failure to do this can result in lost revenue opportunities or overbooking during peak periods. Use revenue management systems and data analytics to optimize room rates, occupancy and revenue.

Operations 88

Operations Management Revenue Revenue Management 88

Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. However – based on the experience in France where rate parity has been disregarded since 2014 – it could in fact lead to a loss of direct business.

OTA 101

OTA Hotels Revenue Marketing 101

Hotel Business

APRIL 4, 2023

Tripleseat and Maestro PMS are streamlining communication to prevent operational disasters like overbooking from ever happening.” Occupancy will be reflected in pickup counts. Hotel management is a complex business,” said Jonathan Morse, CEO, Tripleseat. “We There are a lot of moving pieces when it comes to event management.

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Forecasting Overbooking Events Sales 59

AskSuite

JULY 20, 2023

Let’s start with the basics—targets should be ambitious but achievable, and most importantly, they must align with your business goals. Cross-selling, on the other hand, might involve partnering with local businesses or attractions to provide exclusive experiences for your guests.

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Management Business Marketing Strategy Upsell 52