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Hotel deposit: Fee and refund guide for hosts

Little Hotelier

If you cancel before the deadline (usually 1-3 days before check in) you get your money back, and after that, you’re charged for the first night if you don’t show. A few hotels without deposit policies – at the time of writing – include: Hilton: Most Hilton hotels do not charge deposits on direct reservations.

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Beyond the price tag: The true value of an integrated hotel payment system

Cloudbeds

In the worst-case scenario, the guest may arrive to find their reservation canceled due to an invalid credit card number. Without proper payment information, hotels are unable to collect deposits and other payments, and staff might even end up canceling valid reservations. Everything is always in sync, and reporting is a breeze.

Motels 52
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How big are hotel rooms? A guide to hotel room sizes

SiteMinder

The type of hotel (budget, motel, resort, boutique etc). Average motel room size. Like any other hospitality establishment, the key to a successful motel is understanding what your customers want and need. Motels are predominantly used by guests who need a place to sleep overnight while travelling through. Price point.

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How Cloudbeds is redefining hotel payments: A conversation with a Payments Risk Manager

Cloudbeds

Cancellations and refunds. With longer booking windows come more cancellations, which can result in charges or refunds depending on when a reservation is canceled and the associated policy. Payment regulations. Payment regulations differ drastically across countries and require the proper reports.

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What is a hotel reservation system and why is it important?

Cloudbeds

We’ll also show you how to harness this powerful technology to capture more reservations, streamline booking processes, save time and costs, and increase guest satisfaction – whether you operate a hotel, hostel, motel, B&B, or vacation rental company. What is a hotel reservation system? Reassure travelers and protect your bottom line.

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Understanding GDS: A Comprehensive Guide for Hoteliers

STAAH

Many Hotels and Motels are now using GDS distribution and presumably some will be your competitors. GDS systems enable travel agents and companies to easily modify or cancel bookings, often with minimal penalties. This flexibility helps optimize revenue by ensuring that pricing is always aligned with the current market landscape.

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Hotel Revenue Management Strategies

Xotels

Key factors considered in market segmentation include length of stay , day-of-week stays, total revenue per room , total revenue per client, booking lead time, cancellation percentage, and no-show ratio. The graph considers cancellations and identifies peak or slow booking days.