Inn Quest

AUGUST 15, 2023

Hotels face a daunting challenge as travelers seek convenience and competitive prices: how to efficiently manage their room inventory across multiple online distribution channels while maintaining real-time updates and avoiding overbooking. This is where a hotel channel manager comes into play.

Management 52

Management Global Distribution System Overbooking OTA 52

Hotelogix

OCTOBER 24, 2024

These channels include Online Travel Agencies (OTAs) like Booking.com, direct bookings through the hotel’s website, and Global Distribution Systems (GDS). A CRS hotel system makes sure that all room inventory and pricing are updated in real time. 

OTA 52

OTA Revenue Hotels Global Distribution System 52

Cloudbeds

FEBRUARY 28, 2024

The information is then populated into the PMS and distributed to the hotel’s booking channels with the help of channel management software. These channels may include the hotel’s website booking engine, online travel agencies (OTAs), the global distribution system (GDS), wholesalers, and metasearch sites.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

Fuel Travel

JULY 11, 2024

It also prevents overbooking and keeps everything in sync, allowing guests to tailor their stay preferences and enhance their experience. 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.

Upsell 52

Upsell Overbooking Hotels OTA 52

eZee Absolute

DECEMBER 11, 2023

A hotel channel manager is a software that allows hotels like yours to manage their online inventory and rates across multiple booking channels, such as online travel agencies (OTAs), global distribution systems (GDSs), and your website as well. But fear not! It’s a win-win!

Management 59

Management OTA Overbooking Global Distribution System 59

Hotelogix

OCTOBER 18, 2023

Ensures Real-time Availability A reservation system provides accurate, up-to-date information about room availability. This prevents overbookings, eliminates misunderstandings, and ensures that guests receive precise information when making reservations. Testing Thoroughly test the reservation system before going live.

Business 40

Business Global Distribution System Cancellation Hotels 40

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