SiteMinder

JUNE 26, 2024

It’s a holistic process that hotels can use to effectively manage pricing, inventory, distribution, customer demand, and more to promote revenue growth. Revenue optimization vs revenue management In terms of definition and practice, there is a difference between revenue optimization and revenue management.

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Revenue Revenue Management Upsell Global Distribution System 72

Hotelogix

JULY 11, 2024

In this blog, we will delve into different aspects of hotel revenue management and explore top tips and tricks to help you optimize your hotel’s revenue potential.    What is Revenue Management in Hotels? E nhanced operational efficiency: Streamlining revenue processes can improve resource utilization and cost savings.

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Revenue Management Revenue Management Hotels 52

Inn Quest

AUGUST 15, 2023

At a glance: – Understanding the Hotel Channel Management Landscape – What Is A Hotel Channel Manager? – Technical Features of A Hotel Channel Manager – How To Choose The Right Hotel Channel Manager For Your Hotel? – What Other Systems Can You Use With A Channel Manager At Your Hotel?

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Management Global Distribution System Overbooking OTA 52

SiteMinder

DECEMBER 17, 2024

Amadeus GDS is one of the hospitality industrys leading global distribution systems. Succeed easily on the GDS with the best distribution solution Make the most of Amadeus and other global distribution systems with SiteMinders leading hotel platform. What is Amadeus GDS? What is Amadeus GDS used for?

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Hotelogix

OCTOBER 4, 2024

In today’s competitive hospitality industry, managing bookings efficiently can make or break a hotel's success. For small and mid-size hotels, having the right OTA ( Online Travel Agencies ) channel manager is critical. What is a Channel Manager? 

OTA 52

OTA Management Overbooking Revenue 52

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. In this guide for hospitality professionals, you’ll learn all about Channel Managers, from how they work to what makes great software for your business specifically.

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Management OTA Cancellation Overbooking 76

Hotelogix

NOVEMBER 7, 2024

The right sales tactics can help increase revenue, boost occupancy rates , and ensure guests have a positive experience. A loyalty program can encourage guests to keep coming back, which boosts your occupancy rate. In the competitive world of hospitality, having a strong sales strategy is key to ensuring your hotel's success.

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SiteMinder

JANUARY 8, 2024

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities.

Operations 59

Operations Management OTA Hotels 59

Cloudbeds

OCTOBER 17, 2024

In this article, we explore how hotels can build a distribution strategy that attracts the right audience at the right price and time. What is a hotel distribution strategy? A hotel distribution strategy involves selecting and managing the different channels through which a hotel sells its rooms to potential guests.

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OTA Occupancy Hotels Revenue 76

STAAH

FEBRUARY 7, 2023

As the markets have opened up and travel continues to rise, Hoteliers should not ignore this important market segment – Corporate clients to maximize occupancy and revenue. 5) Partner with travel management companies: Establish relationships with travel management companies (TMCs) that specialize in corporate travel.

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Global Distribution System Digital Marketing Events Hotels 71

Amadeus Hospitality

DECEMBER 21, 2023

Large-scale sporting events such as France’s Rugby World Cup substantially impacted hotel occupancies. Throughout it all, we’ve kept pace with the evolutions of an industry where hotel occupancies outperformed 2022 , group business in the top 25 U.S. markets has already recovered by 99.1% markets has already recovered by 99.1%

Travel 97

Travel Occupancy Average Daily Rate Global Distribution System 97

SiteMinder

OCTOBER 15, 2023

They can also be known as distribution channels and are crucial for ensuring your hotel maintains a healthy occupancy rate and revenue stream. A channel manager will allow your hotel to connect to as many channels as you like and list your entire room inventory at the same time.

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Global Distribution System OTA Revenue Hotels 59

Xotels

APRIL 3, 2024

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies.

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Revenue Management Revenue Management Forecasting 52

Cloudbeds

FEBRUARY 28, 2024

Whether online or offline, behind every effortless booking experience is a fast, reliable, and fully integrated hospitality management system. Here we explain how hotel reservation systems work, the key benefits of an integrated platform, and what to look for when selecting reservation software. Increase efficiency.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

SiteMinder

JANUARY 8, 2024

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities.

Operations 52

Operations Management OTA Hotels 52

Hotelogix

AUGUST 27, 2024

This means using a mix of online and offline channels, like Online Travel Agents (OTAs), meta-search engines, direct bookings, reviews, Global Distribution Systems (GDS), and more. Using a mix of these channels helps hotels reach more customers, boost revenue, and manage room availability easily while competing in the market. 

Global Distribution System 52

Global Distribution System OTA Revenue Hotels 52

SiteMinder

DECEMBER 22, 2022

Revenue tips were engrossing – Hotel revenue management: Strategies to boost topline revenue had readers poring over the page for an average of 9.5 Now, onto the podium… Our top three most viewed blogs in 2022 were: What is a global distribution system (GDS) and is it right for your hotel? Top 3 blogs in 2022.

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Boutique Hotel News

MARCH 3, 2023

million in 2021 to $135 million in 2022, RevPAR grew 11 per cent from the previous year’s fourth quarter to $158, and occupancy stabilised relatively at 83 per cent. At the same time, Sonder reported an increase in Q4 revenue from $86.7

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eZee Absolute

FEBRUARY 27, 2024

They needed a tool to manage their inventories while simultaneously capturing the attention of the pilgrims seeking a comfortable stay. This streamlined approach minimized the risk of overbooking or underbooking, ensuring optimal occupancy rates year-round.

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Overbooking Global Distribution System Hotels Management 52

Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. Hotels have worked with third parties such as airlines, travel agents, online travel agents (OTAs) and the Global Distribution System (GDS) for decades.

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Little Hotelier

OCTOBER 30, 2024

PMS (property management system) integration is all about connecting your PMS with other tools you use to run your hotel. Instead of manually updating bookings or processing payments separately, a hotel PMS integration makes sure all your systems—like booking engines, channel managers, or payment gateways—are linked.

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OTA Motels Upsell Overbooking 59

Cloudbeds

APRIL 2, 2024

The number of booking channels lodging businesses must manage has expanded exponentially, from their website to online travel agencies , bed banks, GDS’, and metasearch engines. The most effective distribution strategies in the hospitality industry are dynamic. room types, maximum occupancy, stay restrictions, etc.),

Revenue Management 52

Revenue Management Occupancy Revenue Hotels 52

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Hotel occupancy will increase 2.5% globally next year. Average US occupancy rate is just under 65%. Some major cities could see occupancy rises by as much as 17.5%

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Occupancy Hotels Revenue Average Length of Stay 59

Xotels

DECEMBER 12, 2024

Have you ever wondered what makes a hotels distribution strategy truly effective? Hotel distribution isnt just about listing your rooms on a few booking sites and hoping for the best. Article Summary What Are Hotel Distribution Channels? What Are Hotel Distribution Channels? Spoiler alert: this is exactly that!

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OTA Global Distribution System Revenue Revenue Management 40

eZee Absolute

OCTOBER 24, 2024

But before we get into the techie part, let’s understand what exactly hotel distribution is. Simply put, hotel distribution refers to the process by which hotels make their rooms, rates, and inventory available to potential guests. Additionally, cloud computing enhances the efficiency and security of distribution operations.

Hotels 59

Hotels Revenue Management Overbooking Revenue 59

Hotelogix

OCTOBER 24, 2024

A Central Reservation System (CRS)  helps hotels manage room availability, pricing, and bookings from different channels. These channels include Online Travel Agencies (OTAs) like Booking.com, direct bookings through the hotel’s website, and Global Distribution Systems (GDS).

OTA 52

OTA Revenue Hotels Global Distribution System 52

Amadeus Hospitality

SEPTEMBER 13, 2023

Originally published to Amadeus Insights By: Mirja Sickel, Vice President, Hospitality Distribution, Amadeus 2023 is proving to be an exciting year for travel sellers. Demand for trips remains strong as indicated by Amadeus Demand360 ® data, which shows that global hotel occupancies this year have largely been on par with pre-pandemic levels.

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Travel Global Distribution System Display Ads Retail 59

Amadeus Hospitality

MAY 29, 2023

Anthea Dimitrakopoulos, General Manager, Brand and ESG, Quest Apartment Hotels , said, “Realizing the strategic importance of market insights on corporate travel movement and seeing positive returns from GDS advertising gave us the confidence we needed to grow our relationship with Amadeus.

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Business Global Distribution System Travel General Manager 52

SiteMinder

AUGUST 1, 2024

Key goals: State your main objectives, such as increasing occupancy rates, boosting revenue, or expanding your hotel chain. Pricing strategy: How you will set competitive room rates and consider implementing revenue management strategies to maximise occupancy and revenue. based on your projected occupancy and service levels.

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Business Revenue Hotels Occupancy 52

Amadeus Hospitality

DECEMBER 14, 2022

Similarly, Amadeus’ Agency360 data demonstrates that hotel room nights booked on global distribution systems (GDSs) for corporate travel have also increased during 2022 and are rapidly closing in on pre-pandemic rates. This welcome resurgence of travel should not just be looked at in isolation.

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Global Distribution System Scale Travel Business 52

Fuel Travel

JULY 11, 2024

Hotel booking software , also known as hotel reservation software, is any technology that enables hoteliers to accept direct bookings through their website and other direct distribution channels. Behind the scenes it manages rates, availability, and guest reservations, passing this information from the hotel to the guest and vice versa.

Upsell 52

Upsell Overbooking Hotels OTA 52

Hotelogix

OCTOBER 18, 2023

  As technology continues to reshape the hospitality landscape, the importance of an effective reservation system cannot be overstated—it's the key to unlocking efficiency and excellence in modern hotel management. This leads to better utilization of room inventory and maximizes occupancy rates.

Business 40

Business Global Distribution System Cancellation Hotels 40

SiteMinder

DECEMBER 20, 2023

Simply multiply your predicted average daily rate (ADR) by your occupancy rate. Set up a system for managing your hotel’s online reviews so that all comments, whether positive or negative, are addressed. How to become a successful hotel business owner As owner or manager of a hotel, you are central to the hotel’s success.

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Business Hotels Management Revenue 59

SiteMinder

MARCH 16, 2023

Benefits of Reservation System for Hotels A hotel reservation system software is the helping hand you need to keep your occupancy up, even during the slow times and make sure everything is running smoothly. Here’s the top 7 benefits of implementing a hotel reservation system: 1.

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Overbooking Hotels Accommodation Global Distribution System 52

Amadeus Hospitality

JUNE 15, 2023

To stay ahead of the competition and prepare for 2033, destination management organizations (DMOs) can look at each Traveler Tribe in detail and consider how to adapt to their evolving attitudes now.

Travel 52

Travel Global Distribution System Tourism Display Ads 52

Amadeus Hospitality

SEPTEMBER 6, 2023

Originally pubilshed on PhocusWire Positive momentum continues for the travel industry as global hotel occupancies rapidly return to 2019 levels, with many key destinations having already surpassed pre-pandemic performance this year, according to Amadeus’ Demand360 ® data.

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Average Daily Rate Global Distribution System Hotels Revenue 52

SiteMinder

FEBRUARY 8, 2024

By tapping into this demographic, hotels can access a vast pool of potential guests, increasing occupancy rates and revenue. Mobile platforms are preferred for managing travel arrangements, with a strong inclination towards platforms like WeChat and Alipay for both information and transactions.

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