STAAH

OCTOBER 15, 2024

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.

Operations 110

Operations OTA Overbooking Revenue 110

Inn Quest

SEPTEMBER 5, 2023

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.

Management 87

Management Overbooking Revenue Hotels 87

STAAH

OCTOBER 15, 2024

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.

OTA 52

OTA Overbooking Revenue Management Revenue 52

SiteMinder

SEPTEMBER 6, 2023

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?

Hotels 98

Hotels Revenue Occupancy Services 98

SiteMinder

JUNE 12, 2024

This includes offering tailored packages, suggesting room upgrades, promoting in-house dining experiences, and even curating special entertainment events. This can involve overbooking strategies to account for last-minute cancellations or no-shows. This strategy aims to ensure maximum occupancy.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

MediaBoom

MARCH 14, 2024

Through professional photography and thoughtful design, you can showcase the unique features of your accomodation, from luxurious rooms to exquisite dining options. This targeted approach can increase the effectiveness of marketing efforts, attracting new guests and encouraging loyalty among existing ones.

Digital Marketing 68

Digital Marketing Services Market Marketing 68

Hotelogix

JANUARY 12, 2025

Instead, start with 3–5 well-chosen OTAs that cater to your target market and region. Avoid overbooking by ensuring availability updates are instant. Deciding whether to use a GDS depends on your target market and goals. You want to establish a presence in markets that heavily rely on travel agents.

OTA 52

OTA Hotels Travel Management 52