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. The same happens with a cancellation. What’s allotment ?

Management 76

Management OTA Cancellation Overbooking 76

Xotels

JANUARY 18, 2021

It allows you to target and market to a variety of consumer groups with different behaviour with an offer that matches their needs and budget level. Cancellation %. Overbooking (from another hotel). One of the components needed to apply a hotel revenue management is market segmentation. What is Hotel Market Segmentation?

Hotel Marketing 40

Hotel Marketing Market Marketing Revenue Management 40

eZee Absolute

OCTOBER 16, 2023

This not only made day-to-day operations more complicated and time-consuming but also restricted the resort’s capacity to expand its business. Increased Bookings and Revenue: eZee’s reservation management system eliminated the chaos of overbookings and cancellations, leading to increased bookings and improved revenue.

Resorts 52

Resorts Tourism Fair Share Operations 52

Social Tables

SEPTEMBER 21, 2023

What are your event cancellation policies ? Overbooking: Double-booking or overbooking restaurant event spaces can increase staff stress and decrease customer service. Overserving: Venues are responsible for the alcohol guests consume at their establishment. Establish booking policies for restaurant event spaces.

Events 88

Events Dining Services Accommodation 88

Cloudbeds

JANUARY 10, 2025

Additional booking details may also be provided, such as the cancellation policy, amenities, and inclusions like free breakfast or Wi-Fi. Depending on the site, hotels may also be able to add marketing messaging such as free cancellation or complimentary breakfast. Selecting the right partners is another essential step.

Cost Per Click 52

Cost Per Click Market Marketing OTA 52

Hotelogix

OCTOBER 19, 2023

It also aids in managing reservation cancellations and modifications, accepting reservations, sending confirmation emails, extending self-service facilities to guests, processing payments, etc. It improves a hotel's online visibility and sales while eliminating overbooking. 

Hotels 52

Hotels Revenue OTA Management 52

Xotels

APRIL 3, 2024

Guest & Market Segmentation Hotel market segmentation is an important component of effective revenue management, allowing hotels to target diverse consumer groups based on their behaviours and budget levels. The graph considers cancellations and identifies peak or slow booking days.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

SiteMinder

OCTOBER 20, 2022

Quite simply, before Airbnb hotels did not consider listing their inventory on short-term rental platforms: they expected the consumer to make a decision about whether they wanted a hotel or a rental before going to search for precisely that. 9flats has a similar focus on renting and staying in someone else’s apartment.

Hotels 52

Hotels Average Length of Stay Accommodation Management 52

Cloudbeds

JUNE 8, 2023

When you don’t have an organized system or use complicated technology, the training process can be time-consuming and frustrating for everyone. 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.

Management 98

Management Hotels Revenue Digital Marketing 98

Catala Consulting

FEBRUARY 24, 2025

Hotels that leverage these technologies reduce overbooking, optimize revenue, and maintain a balanced distribution mix. Monitor Performance Metrics Track conversion rates, cancellation rates, and commission costs. The hotel distribution landscape continues to evolve, driven by AI, automation, and changing consumer behaviour.

Global Distribution System 52

Global Distribution System OTA Forecasting Revenue Management 52