eZee Absolute

DECEMBER 7, 2023

Revenue management (RM) is supremely necessary for hotels. While many hotels are making the best out of it to boost their bottom line, some are still thinking of it as a mythical unicorn. I kid you not, most of the hotels refrain from opting for any sort of revenue management services. Who is to blame for it?

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

SiteMinder

JUNE 12, 2024

What is Yield Management? Yield management is a pricing and revenue management strategy that is used to maximise business performance. For hotels, the ultimate aim of yield management is to increase revenue by leveraging the balance between supply (available rooms) and demand (guest bookings).

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Refine

FEBRUARY 18, 2024

Hotel Distribution Channel Manager A hotel distribution channel manager is a vital tool for hotels to manage and distribute their room inventory across various online booking platforms efficiently. It synchronizes data like rates and availability, reducing overbookings and discrepancies.

Overbooking 40

Overbooking Management Revenue Hotels 40

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. However, an often overlooked element in this equation is the role of hotel reception staff.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

Little Hotelier

JULY 16, 2024

What is hotel inventory management? Hotel inventory management is the practice of ensuring your room inventory is sold efficiently and effectively for the best possible results. This means managing supply and demand to hit your desired occupancy rate while also maximising the revenue returns for your business.

Management 52

Management Hotels Revenue OTA 52

eHotelier

FEBRUARY 20, 2024

Managing a profitable hotel requires a careful eye on your inventory. However, spoilage, overbooking, and overselling can also wreck your profits. You don’t want to sell your rooms too early at reduced rates because such spillage can drain your revenue.

Revenue 52

Revenue Revenue Management Overbooking 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. Challenges before STAAH Before implementing STAAH , the group property faced challenges in managing online bookings efficiently. This timely support continues to date.

Management 87

Management Overbooking Revenue Hotels 87

SiteMinder

OCTOBER 10, 2023

What is a TripAdvisor channel manager? A TripAdvisor channel manager is a specialised tool aimed at empowering hoteliers to enhance their online visibility across TripAdvisor’s vast booking platform. Additionally, efficiency is the cornerstone of effective hotel management.

Management 52

Management Overbooking Hotels Revenue 52

Inn Quest

FEBRUARY 1, 2023

As we head into 2023, the hotel industry faces several challenges and changes that hotel managers need to be aware of to be successful. Here’s a quick guide hotelier can follow to stay successful in hotel management for 2023. Here’s a quick guide hotelier can follow to stay successful in hotel management for 2023.

Management 88

Management Consumer Hotels Overbooking 88

Hotelogix

FEBRUARY 13, 2024

Operating a large independent hotel with 200+ rooms, 4-5 in-house restaurants, a couple of gyms, spas, and gift shops is multifaceted, where precision, efficiency, and guest satisfaction are paramount. Inventory and supplier management Efficiently managing inventory for dining, bars, and room amenities is vital yet challenging.

Management 59

Management Hotels Revenue Management Occupancy 59

Inn Quest

SEPTEMBER 12, 2023

From the moment a guest walks through the doors until their departure, every aspect of their stay is carefully curated through the lenses of hotel operating systems and the adept oversight of a hotel operations manager. Human Resource Management: Managing the hotel’s workforce is essential.

Operations 88

Operations Management Revenue Revenue Management 88

STAAH

APRIL 16, 2024

One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS). To help you navigate this decision-making process, let’s explore the essential features to consider when selecting an RMS for your hotel. Scalability and Flexibility: As your hotel grows, so should your RMS.

Revenue Management 79

Revenue Management Revenue Management Forecasting 79

Inn Quest

APRIL 5, 2023

Anyone who has worked in the hospitality industry for a few years would enthusiastically attest to the importance of yield management in hotels, particularly in hotel revenue management. Furthermore, we will provide examples of successful yield management strategies and offer tips on how to implement them in your hotel.

Yield Management 88

Yield Management Management Occupancy Revenue 88

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

SiteMinder

OCTOBER 23, 2023

Why is hotel channel manager comparison important? A hotel channel manager comparison is crucial to ensure that you are investing in the best piece of software for your business. One of the most important pieces of technology for your hotel is a channel manager so it’s vital you get the best value for money.

Management 59

Management Global Distribution System Hotels Overbooking 59

eZee Absolute

DECEMBER 11, 2023

Imagine you have 25 rooms to manage in your bustling hotel. Now, imagine the chaos if you had to manually keep track of bookings, room availability, and rates across all the online platforms your hotel is listed on. Well, that’s where your trusty sidekick in this digital world comes in – the hotel channel manager.

Management 59

Management OTA Overbooking Global Distribution System 59

Refine

JUNE 16, 2023

Analyses showed that hotels with a solid revenue management strategy came out of the Covid-19 crisis better than hotels without. In this article, you’ll learn how successful hoteliers handle pricing strategies during the post-covid era, and how to deal with spillage, spoilage, overbooking, and overselling.

Overbooking 98

Overbooking Revenue Management Revenue Management 98

STAAH

OCTOBER 3, 2023

A Hotel Channel Manager plays a key role in streamlining online distribution. It serves as a centralized control hub, enabling hoteliers to effortlessly manage and optimize their room inventory, rates, and availability across various online booking channels. There are many channel managers on the market.

Accommodation 82

Accommodation Management Global Distribution System OTA 82

SiteMinder

JANUARY 30, 2023

Hanging Gardens of Bali is a luxury hotel nestled amidst Bali’s vast jungle landscape. The accommodation, with more than 17 years in operation, is one of the most sought-after places worldwide, and has held the title of “World’s First Seven Star Boutique Hotel”. Fortunately, SiteMinder was able to change this.

Average Daily Rate 98

Average Daily Rate Global Distribution System Management Sales 98

Hotel Speak

FEBRUARY 22, 2023

A channel manager is a vital piece of the puzzle, since it uses automation and real-time data to reduce manual tasks, cut down on overbookings, increase your online visibility and sell more rooms, and gain access to key performance insights. What’s the best channel manager in 2023? Interested in learning more?

Management 52

Management Overbooking Hotels OTA 52

Little Hotelier

JULY 20, 2023

Channel automation and integration to manage different bookings Since the beginning of its activity, SoloQui B&B has focused on the online presence, thus being available on several OTAs. As we manage 70% of bookings via external channels, we needed a tool that optimises the flow of bookings and channel management.

Management 75

Management Overbooking OTA Small Business 75

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 73

Revenue Management Revenue Management Forecasting 73

Hotel Speak

AUGUST 13, 2024

A robust sales distribution strategy is indispensable for hotels striving to maximise revenue and drive direct bookings. By leveraging a diverse array of channels, hotels can amplify their visibility, target high-value guests, mitigate the impact of seasonality, and foster direct booking growth.In

Revenue 86

Revenue Sales OTA Average Daily Rate 86

Fuel Travel

JULY 11, 2024

Hotel booking software , also known as hotel reservation software, is any technology that enables hoteliers to accept direct bookings through their website and other direct distribution channels. It is an external interface where guests schedule their stay, choose rooms, and make payments, without contacting the hotel directly.

Upsell 52

Upsell Overbooking Hotels OTA 52

SiteMinder

DECEMBER 12, 2023

Nestled on a serene 17-hectare peninsula bordering the idyllic Tuyen Lam Lake, a mere six kilometres from the heart of Dalat City, T erracotta Hotel & Resort is a harmonious blend of modern architectural elegance and the enchanting ambiance of pine forests and misty mountains.

Resorts 105

Resorts OTA Overbooking Hotels 105

STAAH

MARCH 31, 2024

In a complex hotel distribution world, STAAH made things simple. Five decades of service Sunshine Hotels and Resorts is a Pattaya-based hospitality group with more than 50 years of experience in hotel management. Delayed and failed updates to rates and availability was a common occurrence resulting in overbookings.

Resorts 89

Resorts Overbooking Hotels Revenue 89

SiteMinder

SEPTEMBER 6, 2023

While they can be a wild card in the hotel management game, they offer a unique opportunity to maximise occupancy and revenue. However, they do require a level of agility and real-time responsiveness from the hotel’s end to ensure a seamless guest experience. However, it isn’t just a matter of “more = better”.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

SiteMinder

OCTOBER 26, 2022

In the digital age managing hotels has a new set of challenges, especially the need to stay alert with room availability & price adjustment while managing online travel agents (OTA). Things get harder when everything needs to be done manually, and the chance of overbooking is high.

Resorts 105

Resorts Overbooking OTA Management 105

AskSuite

JULY 20, 2023

The success of a hotel hinges on more than just its architecture and impeccable service, it’s about managing all moving pieces efficiently. Hotel management can be quite complex, picture the everyday hustle, ensuring each room looks spotless, managing bookings, creating new revenue opportunities….

Management 52

Management Business Upsell Marketing Strategy 52

SiteMinder

JUNE 26, 2024

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. It’s a holistic process that hotels can use to effectively manage pricing, inventory, distribution, customer demand, and more to promote revenue growth.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

Hotel Speak

JULY 24, 2024

Hotel distribution has always been a critical aspect of the hospitality industry. Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. We look at where hotels can review distribution strategies to maximise market potential.

OTA 78

OTA Hotels Revenue Revenue Management 78

Hotel News Resource

DECEMBER 7, 2023

When we think about revenue management, we often think of large cities, overbookings, big box hotels and a competitive marketplace. However, Rate Yield sat down with their loyal client, Manoir Belle Plage, to discuss what the revenue management software has done for them.

Overbooking 45

Overbooking Revenue Management Revenue Management 45

STAAH

AUGUST 27, 2024

Over 87% of GDS hotel reservations are related to business travel. This growth has led to a significant increase in the number of hotels listed on the GDS. Therefore, hotels considering listing on the GDS should seek expert advice to determine if it’s the right fit for them. Are your competitor hotels listed on the GDS?

Global Distribution System 90

Global Distribution System Accommodation Overbooking Travel 90

STAAH

JUNE 11, 2023

STAAH helps Bernardos Lantia Hotel expand its online reach, reduce admin time and boost bookings. Located in Basco, Bernardo’s Lantia Hotel offers three-star accommodation to visitors who come to enjoy the pastoral landscape of Batan Island. The hotel leverages the scenic locales of the island to attract leisure guests.

Overbooking 88

Overbooking OTA Revenue Hotels 88

eZee Absolute

AUGUST 26, 2024

Robusta Retreat, a luxurious hotel nestled in the stunning valley of Kashmir, exemplifies the transformative impact of technology in hospitality. Determined to avoid such setbacks in the future, Robusta Retreat’s management took decisive action by investing in an efficient hotel management system.

Operations 52

Operations Overbooking Management Business 52

SiteMinder

JULY 21, 2024

Many hotels confidently claim that they uphold tradition. However, this statement applies to the Hotel Hirsch 1783 on Lake Constance like no other. Because, as the name suggests, the hotel has been welcoming guests for over 340 years – in family hands. Our smart hotel platform helps you do exactly that.

Operations 52

Operations Overbooking Hotels Cancellation 52

Hotelogix

DECEMBER 7, 2023

To be very precise, it has shaped the way guests book their accommodations at hotels. This is the primary reason why as a hotelier, you should know how to select the right OTAs for your hotel. Hotels list their properties - rates, and availability on them.   Why should you partner with OTAs? Here’s a reality check!

OTA 107

OTA Overbooking ROI Hotels 107