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

Hotelogix

JULY 11, 2024

As an independent hotel owner, you understand the challenges of driving revenue in a competitive market. 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. 

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Revenue Management Revenue Management Hotels 52

SiteMinder

JUNE 11, 2024

We recently spoke to Alexandra Rolton , Strategic Sales & Key Account Manager , about the group’s operations and how it has been utilising SiteMinder’s platform to optimise operations and revenue strategies. “We Our properties excel in the leisure market, delivering exceptional value for those seeking a vibrant city escape.

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Global Distribution System Revenue Hotels Cancellation 98

Hotelogix

NOVEMBER 7, 2024

Use Dynamic Pricing: Automate Pricing with Tools: Use tools or software (like a Property Management System or PMS) to automate your pricing decisions. These tools can adjust your rates automatically, based on real-time data and market trends. If they lower their rates, you might need to adjust yours to stay competitive.

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Hotel Sales Revenue Sales OTA 52

Hotelogix

NOVEMBER 28, 2024

It can directly impact revenue, guest satisfaction, and your ability to scale. What Is a Channel Manager and Why Does It Matter? A channel manager connects your property management system to booking platforms such as OTAs, GDS (Global Distribution Systems), and direct booking engines.

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Business Management OTA Global Distribution System 52

SiteMinder

JUNE 26, 2024

Revenue optimization vs revenue management In terms of definition and practice, there is a difference between revenue optimization and revenue management. Table of contents Why is hotel revenue optimization important? Included in this will be key metrics, forecasting models, and trending insights.

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Revenue Revenue Management Upsell Global Distribution System 72

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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OTA Hotels Revenue Marketing 101

STAAH

OCTOBER 3, 2023

There are many channel managers on the market. STAAH MAX Channel Manager is also available in the Mobile app. Why do you need a Channel Manager? Higher return on investment through the implementation of smart rates strategies via the channel management software. Greater market reach.

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Accommodation Management Global Distribution System OTA 105

Cloudbeds

JANUARY 22, 2025

Business intelligence software To improve EBITDAR, teams can use business intelligence software to collaborate, identify opportunities to reduce costs, and find ways to increase revenue. 7 tips to improve EBITDAR As a profit metric, EBITDAR can be improved in two ways: increasing revenue and reducing costs.

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Cloudbeds

FEBRUARY 28, 2024

The reservation system acts as the central hub of the reservation ecosystem, which may also include a website booking engine, channel manager, and revenue management system. When integrated, these modules work together to help hotels manage room availability, distribution, reservations, and revenue.

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Revenue Management Hotels Revenue Operations 98

Inn Quest

SEPTEMBER 5, 2023

Effective hotel inventory management relies on technology solutions like Property Management System s (PMS), Channel Managers, and Revenue Management Systems (RMS) to automate tasks, analyze data and make informed decisions. Implementing an RMS helps maximize revenue by adjusting rates dynamically.

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Management Overbooking Revenue Hotels 87

Hotelogix

AUGUST 27, 2024

Online travel distribution is growing fast—faster than the overall travel market. While this offers new opportunities for your hotel, it also challenges you to cut distribution costs while expanding your brand in a highly competitive market. Integrating with a GDS can open up new markets and bring in more bookings.

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Global Distribution System OTA Revenue Hotels 52

Little Hotelier

JULY 31, 2024

We spoke to Ulfa Oktafiani , E-Commerce & Revenue Manager , about how the property keeps operations running smoothly when there is so much to manage. Ulfa praised SiteMinder’s convenience and clever data that enables hoteliers to identify market demand much easier. “It

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Global Distribution System Management Revenue Management Revenue 52

SiteMinder

JULY 15, 2024

We spoke to Ulfa Oktafiani , E-Commerce & Revenue Manager , about how the property keeps operations running smoothly when there is so much to manage. Ulfa praised SiteMinder’s convenience and clever data that enables hoteliers to identify market demand much easier.

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Global Distribution System Management Revenue Management Revenue 52

SiteMinder

AUGUST 1, 2024

It clarifies your marketing efforts by enabling you to pinpoint your target audience and craft effective campaigns to reach them. A solid business plan equips you to differentiate your hotel in a crowded market by highlighting your unique selling propositions. Target audience: Who are you trying to reach with your marketing efforts?

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Business Revenue Hotels Occupancy 95

eZee Absolute

OCTOBER 24, 2024

But before we get into the techie part, let’s understand what exactly hotel distribution is. It’s a critical aspect of a hotel’s operations, as the effectiveness of this distribution directly impacts visibility, occupancy rates, and overall revenue.

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Hotels Revenue Management Overbooking Revenue 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

SiteMinder

OCTOBER 22, 2024

To help keep operations running efficiently and profitably, the group uses SiteMinder’s leading platform to manage distribution, revenue management, improve their online visibility and use analytics to make informed decisions. SiteMinder allows us to connect to various distribution channels and makes the connection easy.

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Global Distribution System Revenue Accommodation Revenue Management 52

Amadeus Hospitality

DECEMBER 21, 2023

markets has already recovered by 99.1% This will provide Hilton with direct access to the valuable insights of Demand360+ through the hotel chain’s GRO revenue management system. Amadeus And today’s travelers have higher expectations than ever for more sustainable, personalized and flexible journeys. The result?

Travel 95

Travel Occupancy Average Daily Rate Global Distribution System 95

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. Increase direct bookings with Cloudbeds.

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OTA Occupancy Hotels Revenue 76

Cloudbeds

APRIL 2, 2024

The most effective distribution strategies in the hospitality industry are dynamic. From managing hundreds of rate plans across multiple channels to crafting highly segmented and tailored marketing campaigns, hoteliers need the right tools to execute their strategies effectively. The revenue management system (RMS).

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Revenue Management Occupancy Revenue Hotels 52

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. Choose a PMS that integrates with revenue management software and set it to update rates in real-time.

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OTA Motels Upsell Overbooking 59

SiteMinder

DECEMBER 4, 2023

US hotel industry statistics The top five revenue generating channels for hotels in the US are Booking.com, Expedia, hotel websites (direct bookings, Agoda, and Airbnb. Here are some other key stats on the US hotel industry: The hotel market in the US is worth more than $106 billion. Hotel market revenue is worth close to $22 billion.

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Occupancy Hotels Revenue Cancellation 59

SiteMinder

OCTOBER 11, 2022

Other than the front of house managers and night managers, a hotel’s management staff go largely unseen by guests. From hiring all staff to scheduling maintenance to creating new revenue management strategies , the hotel management team is extremely busy. Operations manager. Night duty manager.

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Operations Management Hotels Revenue Management 59

SiteMinder

OCTOBER 23, 2023

On the other hand, a channel manager is a more comprehensive tool designed to manage and synchronise a hotel’s inventory across multiple online distribution channels, such as online travel agencies (OTAs), global distribution systems (GDS), and direct booking platforms.

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Management Global Distribution System Hotels Overbooking 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).

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OTA Revenue Hotels Global Distribution System 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

SiteMinder

JANUARY 8, 2024

This can involve the management of anything related to the hotel industry and requires knowledge of distribution strategy, finance and accounts, customer service, staff management, marketing, catering management, hotel administration and more.

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Operations Management OTA Hotels 59

SiteMinder

DECEMBER 20, 2023

Corporate leaders also rank reputation as their most valuable asset and the World Economic Forum estimates that 25% of a company’s market value is directly related to its reputation. You’ll also need to stay on top of the many other things that’ll help you run a hotel business effectively.

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Business Hotels Management Revenue 59

SiteMinder

JANUARY 8, 2024

This can involve the management of anything related to the hotel industry and requires knowledge of distribution strategy, finance and accounts, customer service, staff management, marketing, catering management, hotel administration and more.

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Operations Management OTA Hotels 52

Fuel Travel

JULY 11, 2024

This information is sourced directly from the hotel’s property management system. If the hotel is using a revenue management platform, the specific rates are managed and optimized in either that system or in the PMS itself. And they’ll be marketing to that user in the future – possibly even competing hotels!

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Catala Consulting

FEBRUARY 24, 2025

Hotel distribution is the backbone of a successful revenue management strategy. In todays digital landscape, travellers have countless ways to book a hoteldirect websites, online travel agencies (OTAs), global distribution systems (GDS), metasearch engines, and even social media platforms.

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Global Distribution System OTA Forecasting Revenue Management 52

Hotelogix

JANUARY 12, 2025

Rate Parity : Ensures that your room rates remain consistent across all distribution channels, from OTAs to your direct website. This practice simplifies revenue management, builds trust with booking partners, and avoids conflicts between platforms. For more details, check out the Hotelogix Blog on Hotel Distribution Channels.

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OTA Hotels Travel Management 52