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.

Revenue Management 52

Revenue Management Revenue Management Forecasting 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.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

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.

OTA 52

OTA Motels Upsell Overbooking 52

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

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 80

OTA Hotels Revenue Revenue Management 80

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.

Revenue Management 98

Revenue Management Hotels Revenue Operations 98

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. Why it matters: Efficient channel management maximizes occupancy and revenue.

Upsell 52

Upsell Overbooking Hotels OTA 52