Remove Dining Remove Occupancy Remove Overbooking
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A Concise Guide to Hotel Inventory Management

Inn Quest

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.

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Late bookings: Guide to last minute bookings for hotels

SiteMinder

While they can be a wild card in the hotel management game, they offer a unique opportunity to maximise occupancy and revenue. Last-minute hotel room bookings have a range of benefits including: Maximised occupancy : Filling rooms at the eleventh hour ensures that you’re making the most of your available inventory.

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Must-Have Software for Hotels: Improve Operations & Guest Experience

STAAH

A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies. Hotels using this integration have reported reduced overbookings and better room occupancy rates.

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What is Yield Management: Guide for Hotels

SiteMinder

This includes offering tailored packages, suggesting room upgrades, promoting in-house dining experiences, and even curating special entertainment events. Optimising Occupancy : Hotels have a fixed number of rooms, making it essential to ensure high occupancy rates. Our smart hotel platform helps you do exactly that.

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How Hotel Reception Staff Influence Revenue Management

Catala Consulting

These frontline employees are instrumental in shaping the guest experience, impacting occupancy rates, and ultimately driving revenue. Cross-Selling Hotel Amenities Beyond room upgrades, reception staff can also promote other hotel amenities such as spa services, dining options, and local tours.

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Everything You Need To Know About Hotel Operations Management

Inn Quest

Food and Beverage Services: This department manages all dining and catering services within the hotel, including restaurants, room service, banquets, and bars. Effective revenue management is crucial to optimize room rates, occupancy levels, and overall revenue. Happy and motivated staff are more likely to deliver exceptional service.

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Online booking process strategies for hotels

SiteMinder

Once a booking is made, automated emails kick in, confirming the reservation and even suggesting add-ons like room upgrades or dining options. This efficiency not only reduces operational costs but also minimises the risk of overbooking or scheduling conflicts. Table of contents Why is an online booking process important for hotels?

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