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Hotel deposit: Fee and refund guide for hosts

Little Hotelier

Hotels that don’t charge a deposit are typically smaller, independently run operations, such as boutique hotels, B&Bs and hostels. 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.

Motels 52
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How Cloudbeds is redefining hotel payments: A conversation with a Payments Risk Manager

Cloudbeds

However, times have changed, and it’s no longer realistic for lodging businesses to operate the way they once did. 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.

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

Cloudbeds

Here, we look at the hidden value of an integrated payment solution and how it can help lodging operators improve the guest experience, eliminate manual errors, avoid lost revenue, and speed up reconciliation time. In the worst-case scenario, the guest may arrive to find their reservation canceled due to an invalid credit card number.

Motels 52
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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? Manage rates and availability in real-time.

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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). Although plenty of new-build hotels operate across Europe, many hotels are also located in older buildings which come with certain limitations. Average motel room size. Motels are predominantly used by guests who need a place to sleep overnight while travelling through.

Motels 52
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Understanding GDS: A Comprehensive Guide for Hoteliers

STAAH

The Global Distribution System operates as a centralized, computerized network that connects travel service providers with travel agents worldwide. Many Hotels and Motels are now using GDS distribution and presumably some will be your competitors. How Does GDS Work? Should I consider GDS for my property?

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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. Operational, financial, and revenue management forecasting are distinct yet essential contributors to revenue optimisation.