SiteMinder

JUNE 26, 2024

What is revenue optimization? Revenue optimization in hotels is a comprehensive strategy that accounts for all revenue streams and uses data to enhance the overall revenue performance of the business. Table of contents Why is hotel revenue optimization important? Our smart hotel platform helps you do exactly that.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

Catala Consulting

MAY 17, 2024

Revenue management is a crucial aspect of the hospitality industry, focusing on maximizing income through strategic pricing, inventory control, and demand forecasting. These frontline employees are instrumental in shaping the guest experience, impacting occupancy rates, and ultimately driving revenue.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

STAAH

APRIL 16, 2024

In the ever-evolving hospitality industry, staying competitive demands more than just offering great accommodations and service. Hoteliers need to employ smart strategies to optimize revenue and profitability. One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS).

Revenue Management 83

Revenue Management Revenue Management Forecasting 83

Horizon Hospitality

JULY 10, 2024

In the competitive world of hospitality, one of the most critical challenges of hotel professionals is balancing room rates with occupancy levels. Dynamic pricing, or yield management, involves adjusting room rates in real-time based on supply and demand, with the ultimate goal being to increase the Revenue Per Available Room ( RevPAR ).

Occupancy 52

Occupancy Revenue Yield Management Forecasting 52

STAAH

FEBRUARY 25, 2024

Sahid Hotels & Resorts is Indonesia’s first National Hospitality Company established in 1965, through its first hotel property Sahid Jaya Solo. That was time-consuming for the team and opened the door to issues such as unintentional overbooking or lost revenue due to delayed rate updates. STAAH fixed these issues.

Revenue 87

Revenue Resorts Overbooking Hotels 87

Hotelogix

NOVEMBER 7, 2024

In the competitive world of hospitality, having a strong sales strategy is key to ensuring your hotel's success. The right sales tactics can help increase revenue, boost occupancy rates , and ensure guests have a positive experience. Implement Dynamic Pricing for Optimal Revenue What is Dynamic Pricing?

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

SiteMinder

OCTOBER 26, 2023

Dallas, USA – Brittain Resorts & Hotels (BRH), a leading full-service hospitality management company, has adopted SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, as part of its newly-announced business intelligence technology matrix.

Revenue Management 81

Revenue Management Revenue Resorts Management 81

Little Hotelier

APRIL 10, 2024

Owner Tracy Wight has spent 20 years in the hospitality sector, but most recently worked in public relations for nine years. When moving from South Africa to Scotland, Tracy knew it was time to return to her passion of hospitality, and took over Hillside Havens. Tracy states that Little Hotelier has been invaluable. “It

Revenue 52

Revenue Management Small Business OTA 52

Catala Consulting

JULY 30, 2023

In the fiercely competitive hospitality industry, the essence of successful resort revenue management lies in data-driven decision-making. This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. Why is Revenue Management Imperative for Resorts?

Revenue Management 52

Revenue Management Revenue Resorts Management 52

STAAH

NOVEMBER 8, 2022

Like many other areas in travel and hospitality, revenue management has dramatically changed in the last two years. We spoke to leading revenue managers on what they think lies ahead. Revenue managers have had to up their ante on monitoring local trends and populace segments to get a better understanding of demand.

Revenue Management 76

Revenue Management Revenue Management Forecasting 76

Hotel Speak

JULY 4, 2024

July 3, 2024— DerbySoft , specialists in high-performance distribution services, announced a new partnership with IDeaS , a SAS company, provider of hospitality revenue management software and services, that strategically provides operational and revenue-enhancing benefits for hotels of all types.

Revenue 95

Revenue Revenue Management Forecasting Overbooking 95

STAAH

OCTOBER 15, 2024

A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies. Additionally, it provides valuable insights into booking patterns and performance across various channels, helping hotels make better decisions to optimize revenue.

Operations 85

Operations OTA Overbooking Revenue 85

Inn Quest

SEPTEMBER 5, 2023

Hotel inventory management is the process of efficiently overseeing and optimizing a hotel’s available resources including rooms, services and facilities, to maximize revenue and guest satisfaction. Food and Beverage: Restaurants, bars and room service are vital revenue streams.

Management 87

Management Overbooking Revenue Hotels 87

Hotelogix

OCTOBER 4, 2024

In today’s competitive hospitality industry, managing bookings efficiently can make or break a hotel's success. This tool not only simplifies operations but also helps maximize revenue and improve the guest experience. This prevents overbookings and reduces manual work.

OTA 52

OTA Management Overbooking Revenue 52

SiteMinder

AUGUST 26, 2024

As a boutique hospitality brand, Grün Resorts offers unforgettable holiday experiences at its properties in Uluwatu, Canggu, Canggu Garden, and Ubud. The switch to SiteMinder was driven by the need for quick integration and to avoid overbookings as the number of rooms, and volume of reservations, increased.

Resorts 52

Resorts Overbooking Revenue Upsell 52

STAAH

OCTOBER 15, 2024

A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies. Additionally, it provides valuable insights into booking patterns and performance across various channels, helping hotels make better decisions to optimize revenue.

OTA 52

OTA Overbooking Revenue Management Revenue 52

STAAH

OCTOBER 18, 2022

Equally, for guests booking via other online channels, making sure your information, availability and rates are accurate is important to avoid overbookings that definitely leave a negative experience for guests. #4 This is a no-brainer for hoteliers, who are generally geared to be always at their hospitable best. 4 Smooth check-in.

Revenue 88

Revenue Upsell OTA Overbooking 88

SiteMinder

JANUARY 16, 2024

Although various factors contribute to a hospitality business’s success, such as hotel software, guest experience is also a priority. “To Hoteliers can boost their occupancy and drive revenue effortlessly by showcasing their property across numerous channels without additional charges.

Revenue 52

Revenue Overbooking Online Sales Management 52

eZee Absolute

AUGUST 26, 2024

The hospitality industry is experiencing a digital revolution. With a commitment to providing unparalleled hospitality, Sajjan Bagh Resort & Spa has earned a reputation as one of India’s finest resorts. Channel Manager enabled real-time rate updates and automated room bookings, leading to increased reservations and revenue.

Resorts 52

Resorts Hospitality General Manager Operations 52

SiteMinder

MAY 17, 2023

Its unique modern style sets it apart in the hospitality industry. This allows us to develop sales strategies that generate the highest revenue, all within a single platform.” ” Reduced overbooking and human errors The benefits stretch much further than being more efficient and doing things easier.

Revenue 52

Revenue Overbooking Operations Online Sales 52

SiteMinder

JANUARY 16, 2024

Although various factors contribute to a hospitality business’s success, such as hotel software, guest experience is also a priority. “To Hoteliers can boost their occupancy and drive revenue effortlessly by showcasing their property across numerous channels without additional charges.

Revenue 52

Revenue Overbooking Online Sales Management 52

STAAH

MAY 5, 2024

The powerful, but easy-to-use, features of STAAH have resulted in significant increase in online reach and revenue for the northeast Indian hotel. Coordinating availability across multiple channels was a cumbersome task, often leading to overbookings or missed opportunities.

Management 92

Management Overbooking Revenue Hotels 92

Hotel Speak

OCTOBER 10, 2024

By combining Cloudbeds’ innovative property management system (PMS) with STS Cloud’s robust event management and sales capabilities, hoteliers can prevent overbookings, optimize room and event inventory, and deliver personalized service to win more deals. For more information, please visit salesandcatering.com.

Events 83

Events Sales Operations Sales Process 83

STAAH

MARCH 31, 2024

The results are evident in boosted revenue and staff efficiency. Five decades of service Sunshine Hotels and Resorts is a Pattaya-based hospitality group with more than 50 years of experience in hotel management. However, both previous platforms disappointed the hospitality group with their technology.

Resorts 94

Resorts Overbooking Hotels Revenue 94

Hotelogix

OCTOBER 24, 2024

There are several types of hospitality technology solutions that are available in the market. In this post, we will discuss some of the hospitality technology solutions and how they are different from each other. In this post, we will discuss some of the hospitality technology solutions and how they are different from each other.

OTA 52

OTA Management Overbooking Cancellation 52

Cloudbeds

OCTOBER 9, 2024

New partnership streamlines group bookings, event management, and catering to boost hotel efficiency and revenue Charleston, SC –SalesAndCatering.com and Cloudbeds have announced a two-way integration that will empower hotels, resorts, and conference centers to optimize hotel group sales and event management.

Events 59

Events Sales Operations Sales Process 59

Hotelogix

OCTOBER 17, 2024

Online bookings have become a game changer in the hospitality industry. They minimize overbookings, streamline the reservation process, and drive revenue. Improve revenue  If hotels rely on manual bookings only, it can greatly reduce their ability to maximize revenue and deliver a smooth customer experience.

Upsell 52

Upsell Revenue Hotels Overbooking 52

STAAH

OCTOBER 15, 2023

The promise to all – a diverse and unmatched hospitality experience. This led to rate disparity, overbooking and inventory discrepancies. A 35% jump in occupancy There are unmissable revenue gains for Rudraksh Club & Resort – a 35% increase in occupancy year-on-year.

Overbooking 87

Overbooking Occupancy Accommodation Resorts 87

eZee Absolute

NOVEMBER 6, 2024

Nestled in Ladakh’s breathtaking yet extreme conditions, Hotel Stone Hedge stands as a beacon of hospitality excellence. Bookings were frequently misplaced, leading to lost revenue and dissatisfied guests. However, behind the scenes, the hotel faced significant operational challenges that threatened to undermine its reputation.

Cancellation 52

Cancellation Operations Hotels Overbooking 52

STAAH

MAY 7, 2023

STAAH helped streamline these challenges, revolutionising the hotel’s operations, enhancing the guest experience and making the property competitive in the ever-changing hospitality industry. Airways was looking for a recognised hospitality technology partner to alleviate its challenges. The results are clearly visible.” “We

Overbooking 82

Overbooking General Manager Revenue Hotels 82

eZee Absolute

OCTOBER 24, 2024

In the rapidly evolving hospitality industry landscape, staying ahead of the curve requires more than just excellent service—it demands a forward-thinking approach to distribution. This not only boosts revenue but also enhances the guest experience by making them feel valued.

Hotels 52

Hotels Revenue Management Overbooking Revenue 52

Inn Quest

AUGUST 8, 2023

Competitive Advantage: In the highly competitive hospitality industry, implementing seasonal pricing provides hotels with a competitive edge. During peak seasons, when rooms are in high demand, higher rates can help control the rate of bookings, preventing overbooking scenarios.

Hotels 88

Hotels Occupancy Overbooking Revenue 88

Hotelogix

OCTOBER 24, 2024

  Without it, hotel staff would have to update each room's availability manually which could lead to errors such as overbookings. In today’s fast-moving hospitality industry, a CRS is vital for a hotel’s efficiency. This dynamic pricing strategy helps hotels increase their revenue.

OTA 52

OTA Revenue Hotels Global Distribution System 52

eHotelier

FEBRUARY 14, 2023

Hospitality organisations can navigate potential headwinds through strategies that keep costs under control while maximising the guest experience and revenue. Here are four key trends hoteliers should be aware of to support their businesses going forward.

Revenue 105

Revenue Business Hospitality Overbooking 105

Hotel Business

MARCH 14, 2024

As the hospitality industry migrates to a digital environment, embedded payment technology—or integrating payment processing capabilities directly into various devices or systems, such as the PMS, mobile apps or self-service kiosks—will enable seamless and convenient payment experiences for guests.

Overbooking 59

Overbooking Revenue Upsell Services 59

SiteMinder

SEPTEMBER 4, 2023

Chatrium Hotels & Residences is a Thai hotel group born from a passion to distinctively mark the next chapter in the Asian hospitality experience. Our dedicated staff are not just employees but ambassadors of hospitality. Further to that, it opens up opportunities to unlock more revenue for the business.

Operations 98

Operations Revenue Hotels OTA 98

Inn Quest

SEPTEMBER 12, 2023

This intricate process encompasses a plethora of components that intertwine to create a symphony of hospitality. The goal is to provide excellent guest experiences while maximizing revenue and maintaining cost control. Sales and Marketing: Effective sales and marketing efforts are critical for attracting guests and maximizing revenue.

Operations 88

Operations Management Revenue Revenue Management 88