Remove Hospitality Management Remove Overbooking Remove Yield Management
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What is a hotel reservation system and why is it important?

Cloudbeds

Whether online or offline, behind every effortless booking experience is a fast, reliable, and fully integrated hospitality management system. With a channel manager integrated with your reservation system, you can simultaneously update pricing and availability on all booking channels. See the section below for more information.

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What is a channel manager? All you need to know

Cloudbeds

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.