Hotelogix

NOVEMBER 7, 2024

Read also: Guide on Customer Retention in Hotel Industry Encourage Group Bookings: Offer discounts or packages for weddings, business events, or group travel bookings. For example, you can charge higher rates when demand is high, like during peak seasons or local events, and lower rates when your hotel has empty rooms.

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

SiteMinder

JUNE 26, 2024

While revenue management is more focused on a hotel’s pricing and availability to maximize revenue, revenue optimization takes a broader approach to include a full range of revenue sources that includes food and beverage, spa services, events, classes, and other ancillary revenues. This can be divided into three categories: 1.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

STAAH

FEBRUARY 7, 2023

In the hotel industry, corporate clients can represent a significant source of revenue, as they often book rooms for business travel, conferences, and other events. 2) Networking: Attend industry events and trade shows to network with potential corporate clients and build relationships with key decision-makers. of corporate clients.

Global Distribution System 71

Global Distribution System Digital Marketing Events Hotels 71

SiteMinder

OCTOBER 22, 2024

Aligned Corporate Residences is also deeply embedded in the community, hosting monthly events to foster connections among residents and collaborating with the local communities. We spoke to Toni Veljanovski , Head of Global Relationships, about what makes the group special and how SiteMinder has successfully supported its operations. “Our

Global Distribution System 52

Global Distribution System Revenue Accommodation Revenue Management 52

Amadeus Hospitality

MAY 29, 2023

This is why more brands are relying on comprehensive, forward-looking market insights to aid in strategic decision making. To support its growth mindset, Quest Apartment Hotels , a member of The Ascott Limited network, announced it will implement Amadeus’ Agency360+ ® across its 160 locations in Australia, New Zealand, United Kingdom, and Fiji.

Business 52

Business Global Distribution System Travel Marketing 52

Inn Quest

AUGUST 15, 2023

A hotel channel manager is a software tool used in the hospitality industry to manage and synchronize online distribution channels. In short, it primarily streamlines the distribution of room inventory, rates and availability across multiple channels, ensuring consistency and increasing bookings.

Management 52

Management Global Distribution System Overbooking OTA 52

Hotelogix

JULY 11, 2024

Market volatility: Fluctuating demand, seasonality, and unexpected events (like the COVID-19 pandemic) can make it challenging to maintain consistent revenue streams. Technology integration: Implementing and integrating new technology systems for revenue management can be challenging and costly for smaller properties.

Revenue Management 52

Revenue Management Revenue Management Hotels 52

Cloudbeds

OCTOBER 17, 2024

Indirect channels, such as OTAs, metasearch sites, Global Distribution Systems (GDS) such as Amadeus and Sabre, travel agents, tour operators, and wholesalers, are third-party platforms that serve as intermediaries by listing hotel rooms.

OTA 76

OTA Occupancy Hotels Revenue 76

Little Hotelier

OCTOBER 30, 2024

Revenue management integration For properties working with global distribution systems (GDS), a property management system and GDS integration can help maximise exposure. Mobile-friendly PMS Mobile integration allows you to manage your property from anywhere —whether it’s updating bookings or checking in guests on the go.

OTA 52

OTA Motels Upsell Overbooking 52

SiteMinder

AUGUST 11, 2024

We need to incorporate bookings from metasearch engines, OTAs (online travel agencies), GDSs (global distribution systems), destination data, events intelligence and even data from car rentals and the TSA (Transport Security Administration).”

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Amadeus Hospitality

DECEMBER 21, 2023

Large-scale sporting events such as France’s Rugby World Cup substantially impacted hotel occupancies. Family-run Dinah’s Garden Hotel doubled revenue in 2022 over the prior year despite a string of severe weather events, primarily due to the addition of Amadeus’ iHotelier Booking Engine to the hotel’s full suite of solutions.

Travel 97

Travel Occupancy Average Daily Rate Global Distribution System 97

Inn Quest

SEPTEMBER 5, 2023

Meeting and Event Spaces: Many hotels have conference rooms, banquet halls and event spaces. Use a Channel Manager: A channel manager ensures that your room availability and rates are consistent across various online booking channels, including your website, OTAs (Online Travel Agencies), and GDS (Global Distribution Systems).

Management 87

Management Overbooking Revenue Hotels 87

eZee Absolute

OCTOBER 24, 2024

This eliminates the need for on-site hardware and enables hotels to access and control their distribution networks from anywhere with an internet connection. Hotel staff can manage distribution settings, adjust pricing, and monitor performance from any location, ensuring quick and accurate responses to market changes.

Hotels 52

Hotels Revenue Management Overbooking Revenue 52

SiteMinder

OCTOBER 11, 2022

They must coordinate and collaborate with the sales & reservations team, the events team, and senior management. After all, what’s the point in having a QR code booking system at the bar or bluetooth-locked doors if the system is down for several hours? Event planning department. Events department.

Operations 59

Operations Management Hotels Revenue Management 59

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 Hotels Revenue Operations 98

Hotelogix

OCTOBER 18, 2023

Provides Multi-channel Distribution Integration with various distribution channels like online travel agencies OTAs and global distribution systems GDS expands your hotel's reach to a worldwide audience. Rate Management: Adjusts room rates based on demand, seasons, and events, optimizing revenue generation.

Business 40

Business Global Distribution System Cancellation Hotels 40

Savvy Hotelier

JANUARY 24, 2020

If you learned to think on your feet while volunteering at an event, you can now do that in independent event companies and hotels, as well as on cruise ships. In restaurants, it is probably going to be the Poing of Sale (POS) system and the way that they place orders and do inventory.

Hospitality 52

Hospitality Global Distribution System Hiring Events 52

SiteMinder

DECEMBER 4, 2023

UK hotel industry statistics The top five revenue generating channels for hotels in the UK are Booking.com, Expedia, hotel websites, hotelbeds, and global distribution systems (GDS). s accommodation industry employs about 1.6 million people. The most popular hotel brand in the UK is Premier Inn.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

SiteMinder

AUGUST 1, 2024

online advertising, social media, email marketing, partnerships, events) Marketing messages: What key messages will you communicate to your target audience? Offline marketing: How you will explore traditional marketing channels, such as brochures, partnerships with local businesses, and events.

Business 52

Business Revenue Hotels Occupancy 52

SiteMinder

FEBRUARY 28, 2023

Many major destinations imposed new restrictions on how tourists from China could enter the country – to limit the potential for any significant COVID-19 events. Naturally, this caused some consternation around the world. The scope of these varied but all involved some form of antigen testing or virus sequencing.

Tourism 105

Tourism Travel Accommodation OTA 105

SiteMinder

JANUARY 8, 2024

The entertainment businesses can include attractions of special interest such as zoos and museums, or spectator events such as theatre performances or sports games. Promotions are special rates that can change depending on: – The season or holiday period; – If the guest is a VIP; or, – You want to capitalise on an event. –

Operations 59

Operations Management OTA Hotels 59

Cloudbeds

JULY 15, 2023

Channel partners Choose a provider that connects to various booking sites and global markets so you can reach travelers from around the world. Options should include big-name OTAs , niche OTAs, meta searches engine websites, and GDS (global distribution systems). What’s allotment ? What’s a closeout? What’s iCal?

Management 76

Management OTA Cancellation Overbooking 76

SiteMinder

JANUARY 8, 2024

The entertainment businesses can include attractions of special interest such as zoos and museums, or spectator events such as theatre performances or sports games. Promotions are special rates that can change depending on: – The season or holiday period; – If the guest is a VIP; or, – You want to capitalise on an event. –

Operations 52

Operations Management OTA Hotels 52

SiteMinder

DECEMBER 20, 2023

Leverage your location by showcasing it with high-quality website images, hash-tagging it on social media and taking part in local events. Invest in cybersecurity, a great website experience, guest relations and staff satisfaction to help protect your hotel’s reputation. Don’t forget to encourage and reward guest loyalty.

Business 59

Business Hotels Management Revenue 59

Xotels

APRIL 3, 2024

Revenue management strategies typically include decisions based on historical booking data, competitor pricing, seasonal trends, local events, and customer behaviour. The main distribution channels are: Groups: Private groups, Schools, event planners, travel planners, etc. Need more tips on distribution?

Revenue Management 52

Revenue Management Revenue Management Forecasting 52