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.

OTA 78

OTA Hotels Revenue Revenue Management 78

Hotelogix

OCTOBER 24, 2024

These channels include Online Travel Agencies (OTAs) like Booking.com, direct bookings through the hotel’s website, and Global Distribution Systems (GDS). A CRS hotel system makes sure that all room inventory and pricing are updated in real time. 

OTA 52

OTA Revenue Hotels Global Distribution System 52

STAAH

OCTOBER 3, 2023

By providing real-time updates , it ensures that all connected channels reflect the most accurate and up-to-date information , preventing overbooking or underbooking while maintaining rate parity. Channel Managers connect to hundreds of OTAs, allowing you to reach more people through one platform. Greater market reach.

Accommodation 85

Accommodation Management Global Distribution System OTA 85

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. This prevents overbooking and rate disparities, enhancing the guest experience.

Management 87

Management Overbooking Revenue Hotels 87

eZee Absolute

DECEMBER 11, 2023

A hotel channel manager is a software that allows hotels like yours to manage their online inventory and rates across multiple booking channels, such as online travel agencies (OTAs), global distribution systems (GDSs), and your website as well. Some cater to specific markets, while others have a global reach.

Management 59

Management OTA Overbooking Global Distribution System 59

eZee Absolute

OCTOBER 24, 2024

By leveraging such tools, hotels can attract more direct bookings, ultimately reducing their reliance on OTAs and increasing profitability. Cloud Computing Cloud computing allows hotels to manage distribution systems and processes online, using powerful software and services hosted on remote servers.

Hotels 52

Hotels Revenue Management Overbooking Revenue 52

Fuel Travel

JULY 11, 2024

It also prevents overbooking and keeps everything in sync, allowing guests to tailor their stay preferences and enhance their experience. 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.

Upsell 52

Upsell Overbooking Hotels OTA 52

eZee Absolute

FEBRUARY 27, 2024

They sought a solution that not only increased visibility on Online Travel Agencies (OTAs) and Global Distribution Systems (GDS) platforms but also sold the rooms at the best price and managed their inventories seamlessly.

Overbooking 52

Overbooking Global Distribution System Hotels Management 52

Cloudbeds

JULY 15, 2023

And even then, manually-managed distribution is risky: any delays in updating rates and availability on a channel’s extranet could mean selling a room that isn’t available or selling at a lower rate, which can lead to overbooking and sub-optimal yield management. The same happens with a cancellation.

Management 76

Management OTA Cancellation Overbooking 76

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 Revenue Hotels Operations 98

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.

Management 59

Management Global Distribution System Hotels Overbooking 59

Hotelogix

OCTOBER 18, 2023

Ensures Real-time Availability A reservation system provides accurate, up-to-date information about room availability. This prevents overbookings, eliminates misunderstandings, and ensures that guests receive precise information when making reservations. This attention to detail contributes to guest loyalty and positive reviews.

Business 40

Business Global Distribution System Cancellation Hotels 40

Cloudbeds

APRIL 2, 2024

The main function of a CRS is to act as a hub for all distribution activities, including making available rooms visible across distribution channels, allowing travelers and travel agents to make reservations, and collecting booking data. Top representation companies with expertise in the GDS include: HotelREZ.

Revenue Management 52

Revenue Management Occupancy Revenue Hotels 52

SiteMinder

MARCH 16, 2023

Given the fact most hotels have a diverse distribution network with a wide range of agents, this can be an extremely difficult task. With a hotel reservation system in place, all live rates and availability are automatically updated by the software.

Overbooking 52

Overbooking Hotels Accommodation Global Distribution System 52