SiteMinder

JUNE 26, 2024

Primary revenue streams Room reservations Online Travel Agencies Global Distribution System (GDS) Corporate/Group Booking’ Channel Management 2. Upselling and cross-selling: Upselling encourages guests to upgrade their room or add amenities like breakfast or parking.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

Little Hotelier

OCTOBER 30, 2024

Look for a system that automates key operations like updating room availability, managing bookings, and processing payments. This will save you from the hassle of manual updates and reduce the risk of overbookings or missed payments. Upselling integrations Maximise your revenue by integrating upselling tools into your PMS.

OTA 59

OTA Motels Upsell Overbooking 59

Hotelogix

NOVEMBER 7, 2024

Streamline Distribution to Maximize Visibility Managing your distribution channels is key to maximizing your hotel's visibility. OTAs (like Booking.com or Airbnb), your website, and other platforms (like Global Distribution Systems or GDS) are the places travelers look for hotels.

Hotel Sales 52

Hotel Sales Revenue Sales OTA 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

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 75

OTA Hotels Revenue Revenue Management 75

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

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. With advanced channel management connections, the update is fast.

Management 76

Management OTA Cancellation Overbooking 76