Hotelogix

NOVEMBER 13, 2023

The hospitality industry is well acquainted with the concept of hotel overbooking. Although it is a  common practice in hotel management, it has been a matter of debate particularly because of the complications it brings during peak hours. However, in cases of last-minute cancellations, your profit is badly impacted.

Overbooking 59

Overbooking Cancellation Occupancy Revenue 59

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 91

Revenue Management Revenue Management Forecasting 91

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

NOVEMBER 15, 2022

Hotel overbookings can be a divisive topic. Some hoteliers love using this strategy to boost their revenue and protect their property from losing out due to last-minute cancellations. However, you can minimise the risk of having to walk travellers if you have a solid overbooking strategy. Table of contents.

Overbooking 52

Overbooking Cancellation Occupancy Closing 52

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

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 86

Overbooking Revenue Management Revenue Management 86

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

Inn Quest

SEPTEMBER 5, 2023

At a glance: What is Hotel Inventory Management? Managing your hotel’s inventory efficiently can significantly impact your bottom line, guest satisfaction and overall operational effectiveness. Firstly, What is Hotel Inventory Management? Let’s get started!

Management 87

Management Overbooking Revenue Hotels 87

STAAH

SEPTEMBER 1, 2024

The striking brick hotel sits amidst the quiet countryside while also offering guests access to the bustling business district of Kampala. Every room in the hotel is thoughtfully appointed and features and individual balcony. Driving revenue gains and efficiencies with STAAH STAAH’s reputation preceded its adoption by the hotel.

Overbooking 98

Overbooking Revenue Management Hotels 98

STAAH

OCTOBER 15, 2024

The right software is a game-changer for hotel success, shaping everything from operational efficiency to guest satisfaction. As technology continues to advance, hotels have transformed the way they manage daily tasks and interact with guests. Let’s take a look at some essential software solutions every hotel should consider.

Operations 93

Operations OTA Overbooking Revenue 93

eHotelier

FEBRUARY 20, 2024

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

Revenue 52

Revenue Revenue Management Overbooking Management 52

SiteMinder

JUNE 12, 2024

Yield management is a pricing and revenue management strategy that is used to maximise business performance. It involves adjusting prices based on predicted demand and other external factors to maximise revenue or yield. However, the essence of yield management extends far beyond just filling up rooms or seats.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

STAAH

MARCH 31, 2024

In a complex hotel distribution world, STAAH made things simple. 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.

Resorts 102

Resorts Overbooking Hotels Revenue 102

Cloudbeds

APRIL 15, 2024

From checking in guests and entering reservations to managing rates and assigning rooms, many hotels still perform a lot of manual tasks. To deal with these complexities, hotels must leverage hotel automation. What is hotel automation? Many short-term rentals and apartment hotels are already fully automated.

Revenue Management 98

Revenue Management Hotels Operations Revenue 98

STAAH

JULY 7, 2024

Looking for more user-friendly technology and better support, Africa’s CityBlue Hotels found STAAH. CityBlue is a borderless, branded group of business-centric hotels in Eastern and Southern Africa’s major cities, supported by a world-class digital infrastructure. The rest is history. It was a must.

Revenue 106

Revenue Overbooking Hotels Marketing Strategy 106

Cloudbeds

FEBRUARY 28, 2024

When travelers make a hotel reservation, they expect a seamless experience , or they may decide to stay elsewhere. For hotels, meeting this expectation means moving away from manual processes and investing in booking software that allows travelers to book a room when they want on the channel of their choice.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

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 89

Revenue Revenue Management Forecasting Overbooking 89

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?

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

STAAH

MAY 7, 2023

Airways Hotel sought a solution to modernise its inventory and booking management and saw a significant jump once it partnered with STAAH. Located minutes from the airport and city centre, Airways Hotel is an oasis of understated luxury in Papua New Guinea’s capital, Port Moresby. The results are clearly visible.” “We

Overbooking 90

Overbooking General Manager Revenue Hotels 90

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 Sales Management 98

SiteMinder

MAY 21, 2023

In the past, more than 90% of the hotel guests were foreigners, particularly Chinese visitors. During the COVID-19 outbreak, the hotel had to adjust its approach to fit the situation by focusing primarily on attracting Thai and European tourists who are slowly returning to Thailand.

Resorts 98

Resorts Overbooking Yield Management OTA 98

Inn Quest

AUGUST 8, 2023

When it comes to hotel businesses, one must continuously strive to achieve a balance between the customer experience and pricing. Hotels follow different pricing strategies to get there and seasonal pricing remains one of the most important. In this blog, we have curated the top 4 benefits of seasonal pricing for hotels.

Hotels 88

Hotels Occupancy Overbooking Revenue 88

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. What is Yield Management? To do that, the hotel needs to determine the optimal price for each room at any given time.

Yield Management 88

Yield Management Management Occupancy Revenue 88

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

Inn Quest

OCTOBER 3, 2023

The hospitality industry is a highly dynamic field, and hotels are constantly looking for ways to improve the client experience and streamline their processes. This blog explores how integrated solutions play a pivotal role in simplifying hotel payment processes and why they are crucial in today’s competitive landscape.

Hotels 88

Hotels Overbooking Marketing Strategy Business 88

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. The goal is to provide excellent guest experiences while maximizing revenue and maintaining cost control.

Operations 88

Operations Management Revenue Revenue Management 88

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

eZee Absolute

DECEMBER 22, 2024

How Hotels Can Leverage Mahakumbh 2025: Strategies for Success The Mahakumbh 2025 presents an extraordinary opportunity for hotels to boost revenue, build long-term guest relationships, and position themselves as leaders in the hospitality industry. Here’s how hoteliers can leverage this event effectively: 1.

Overbooking 52

Overbooking Accommodation Events Revenue 52

SiteMinder

MARCH 20, 2024

This ethos of fluidity and change underpins the hotel’s philosophy, which seeks to effect positive change in environmental conservation from a single drop of water. Better distribution, easier revenue growth What if you could boost your hotel's bookings and bottom line while also reducing your workload?

Revenue 98

Revenue Branding Overbooking Operations 98

STAAH

OCTOBER 15, 2024

The right software is a game-changer for hotel success, shaping everything from operational efficiency to guest satisfaction. As technology continues to advance, hotels have transformed the way they manage daily tasks and interact with guests. Let’s take a look at some essential software solutions every hotel should consider.

OTA 52

OTA Overbooking Revenue Management Revenue 52

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 82

Revenue Sales OTA Average Daily Rate 82

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 75

OTA Hotels Revenue Revenue Management 75

STAAH

NOVEMBER 19, 2024

Whether you’re a hotel manager, concierge, or front desk staff, cultivating the right traits can set you apart in this competitive field. STAAH, for instance, offers resources to help hoteliers grow their knowledge of distribution and revenue management. The hospitality industry thrives on people.

Hospitality 97

Hospitality Overbooking Services Management 97

eZee Absolute

OCTOBER 24, 2024

Here’s a deep dive into five transformative technologies that are reshaping hotel distribution. But before we get into the techie part, let’s understand what exactly hotel distribution is. Simply put, hotel distribution refers to the process by which hotels make their rooms, rates, and inventory available to potential guests.

Hotels 59

Hotels Revenue Management Overbooking Revenue 59

SiteMinder

NOVEMBER 17, 2023

Set in an 18th-century Irish manor with all the trappings of an intimate castle, the four-star Abbey Hotel Roscommon invites guests to soak up its traditional welcoming old-world charm while enjoying legendary hospitality and service. The Grealy Family have been hosting weddings and events at the Abbey Hotel since 1963.

Overbooking 69

Overbooking Closing Hotels Revenue Management 69

STAAH

SEPTEMBER 9, 2024

A Potentially Hindered Guest Booking Experience Every hotelier can vouch for the importance of a good guest experience , including on the hotel website. With its previous technology partner, Sutton Hall was lagging behind in providing this seamless online experience to its guests, potentially affecting guest satisfaction and losing revenue.

Revenue 84

Revenue Overbooking OTA Revenue Management 84

Xotels

JANUARY 18, 2021

One of the components needed to apply a hotel revenue management is market segmentation. What is Hotel Market Segmentation? As a revenue manager or hotelier, your hotel market segmentation shall help to identify the purpose of the trip: either business or leisure. Examples of Hotel Market Segments.

Hotel Marketing 40

Hotel Marketing Marketing Market Revenue Management 40