Inn Quest

FEBRUARY 1, 2023

Hoteliers can also use a channel manager to seamlessly connect with popular OTAs such as booking.com, Expedia, AirB&B, etc. Integrated platforms help increase the hotel’s visibility, maximize occupancy, and decrease overbookings. A Revenue Management System can simplify distribution and increase conversion.

Management 88

Management Consumer Hotels Overbooking 88

Inn Quest

JANUARY 26, 2023

Hotel management solutions give hoteliers easy-to-use tools that streamline and automate their operations and improve guest experiences. Applications of such solutions involve booking engine s, hotel CRM , channel managers, revenue management systems (RMS), etc.

Management 54

Management Revenue Management Revenue Hotels 54

Cloudbeds

MARCH 16, 2023

SAN DIEGO, CA) March 16, 2023 — Cloudbeds, the hospitality management platform powering more reservations and happier guests for lodging businesses around the globe, today announced the launch of its inaugural State of Independent Lodging Report. Please visit cloudbeds.com/hospitality-industry-report to download the report.

Average Length of Stay 52

Average Length of Stay Average Daily Rate OTA Occupancy 52

Cloudbeds

FEBRUARY 15, 2023

For example, a hotel pays the same rent and property taxes whether it’s running at 30% occupancy or 100% occupancy. Examples of fixed costs in hotels include: Payroll-related expenses Rent or mortgage Property taxes Insurance Fixed monthly bills like cable and internet Franchise and management fees (if applicable) Technology (E.g.,

Operations 52

Operations Occupancy Revenue Hotels 52

Catala Consulting

DECEMBER 28, 2023

Data-Driven Decision-Making: Data is the cornerstone of the scientific method and should be in hospitality management as well. Revenue Management: Advanced revenue management techniques, often involving predictive analytics and dynamic pricing, have allowed hotels to maximize occupancy and revenue.

Management 52

Management Revenue Management Revenue Hotels 52

Cloudbeds

SEPTEMBER 12, 2024

Revenue management The use of AI systems has made it possible for revenue managers to be more dynamic in their revenue management strategies. Demand forecasting Traditionally, revenue management systems optimized rates by analyzing historical data and relying on predefined rules and manual adjustments.

Hospitality 52

Hospitality Revenue Management Hotels Forecasting 52

SiteMinder

JANUARY 8, 2024

The difference between hotel management vs hospitality management Hotel management and hospitality management can be different terms for the same thing: managing a hotel. Learn more Different parts of hospitality management operations Hospitality is an umbrella term to many industries.

Operations 59

Operations Management OTA Hotels 59

Cloudbeds

JUNE 8, 2023

From increasing occupancy to generating direct bookings and increasing ADR, lodging operators have a lot on their plate. As the hospitality industry becomes more complex, the role of technology to help streamline operations and automate processes becomes increasingly important. To keep it simple, we’ll only consider room revenue.

Management 98

Management Hotels Revenue Digital Marketing 98

SiteMinder

JANUARY 8, 2024

The difference between hotel management vs hospitality management Hotel management and hospitality management can be different terms for the same thing: managing a hotel. Learn more Different parts of hospitality management operations Hospitality is an umbrella term to many industries.

Operations 52

Operations Management OTA Hotels 52

SiteMinder

NOVEMBER 24, 2023

With the title, “Our Growth Has Been Inseparable from SiteMinder’s Support”, the revenue manager of a US-based 500+ room resort writes this comprehensive SiteMinder review: “The remarkable ease of use for the booking engine, channel manager and metasearch, and the swift issue resolution make my experience with this system highly satisfying.

Revenue 52

Revenue Revenue Management Management General Manager 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.

Management 76

Management OTA Cancellation Overbooking 76

Hotel Speak

MAY 9, 2023

Clearly, cost control is an important aspect of the hotel and hospitality management industry that enables hotels to gain a competitive edge over their competitors. This approach can lead to the creation of fresh revenue streams, heightened competitiveness, and a renewed brand appeal. How can Hotels Cut Costs?

Hotels 59

Hotels Upsell Revenue Marketing 59

Hotel Business

MARCH 16, 2023

Hospitality management platform Cloudbeds has unveiled its inaugural State of Independent Lodging Report. The report highlights the following insights: ADR and occupancy Among independent properties, hotel rates increased slightly from 2019 to 2020 and continued to grow in 2021 and 2022.

Average Length of Stay 52

Average Length of Stay OTA Occupancy Digital Marketing 52