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

FEBRUARY 25, 2024

Detailed data and insights helped the Sahid Hotels & Resorts team make better decisions and improve profitability. Sahid Hotels & Resorts is Indonesia’s first National Hospitality Company established in 1965, through its first hotel property Sahid Jaya Solo. STAAH fixed these issues.

Revenue 95

Revenue Resorts Overbooking Hotels 95

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

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

STAAH

APRIL 16, 2024

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). To help you navigate this decision-making process, let’s explore the essential features to consider when selecting an RMS for your hotel.

Revenue Management 91

Revenue Management Revenue Management Forecasting 91

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

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

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

SEPTEMBER 1, 2024

Improved online channel management capability and direct booking capability on the website streamlines distribution and increases revenue. The striking brick hotel sits amidst the quiet countryside while also offering guests access to the bustling business district of Kampala.

Overbooking 97

Overbooking Revenue Management Hotels 97

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

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 84

Revenue Management Revenue Management Forecasting 84

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? Food and Beverage: Restaurants, bars and room service are vital revenue streams.

Management 87

Management Overbooking Revenue Hotels 87

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

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 89

Overbooking Revenue Management Revenue Management 89

SiteMinder

NOVEMBER 17, 2023

Instead of the usual hotel stay, it promises guests an intriguing and unexpected experience. That’s exactly what the founders and owners Ian and Christa Taylor had in mind when they started their collection of boutique hotels. One example is PetsPyjamas which offers travellers a curated selection of pet-friendly hotels.

Revenue 98

Revenue OTA Overbooking Online Sales 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

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 96

Overbooking OTA Revenue Hotels 96

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

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. This timely support continues to date.

Management 100

Management Overbooking Revenue Hotels 100

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

STAAH

OCTOBER 18, 2022

If guests enjoy their stay at your hotel, they are more likely to return and refer your hotel to others, helping you attract even more guests. The guest experience focuses on the relationship between your hotel and its guests. Be empathetic towards guests who may have had a long journey before getting to your hotel.

Revenue 94

Revenue Upsell OTA Overbooking 94

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

STAAH

MARCH 17, 2024

The Indian hotel no longer struggles with the aftermath of manual inventory and rate management, including overbookings and loss of staff efficiency. This activity was time-consuming for the team and opened the door to issues such as unintentional overbooking or lost revenue due to delayed rate updates.

Overbooking 99

Overbooking OTA Revenue Upsell 99

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

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. Over time, these roles matured and transformed, giving birth to the modern-day revenue or reservations managers.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

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. This can fill up a lot of rooms at once and make your hotel more attractive to large parties.

Hotel Sales 52

Hotel Sales Revenue Sales 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. The team was also able to increase direct bookings by 50%. “The

Resorts 105

Resorts OTA Overbooking Hotels 105

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

NOVEMBER 23, 2022

Qunci Villas is one of the pioneer boutique hotels in Lombok that has been in business since July 2003. The hotel was designed by Dutch architect, Joost van Grieken, which limits its carbon footprint by using natural materials such as stone and wood. This directly helps save the hotel’s staff time and resources. “We

Overbooking 105

Overbooking Hotels Revenue Management 105

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

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

MAY 2, 2023

Town Hotel is located in a quiet side street only a short walk from all these sights. With only 24 rooms it is one of the few family-owned hotels in town that has earned a reputation for personal and attentive service. Now these processes have become a lot more efficient at Town Hotel. We save two hours a day using SiteMinder.

Overbooking 97

Overbooking Online Sales Hotels OTA 97

SiteMinder

JUNE 8, 2022

As unpredictable as it can be at times (especially through the COVID-19 pandemic), forecasting is still an important part of running a hotel and being able to make strategic revenue management decisions. What is hotel revenue forecasting? Why should your hotel use forecasting? Your total revenue.

Forecasting 52

Forecasting Revenue Average Daily Rate Average Length of Stay 52

Fuel Travel

FEBRUARY 13, 2024

If your hotel is considering ways to increase direct bookings, what to look for in hotel booking software is an important consideration. In this blog, we’re exploring the essential elements you should take into consideration when selecting hotel booking software. From 2020 to 2021, the number of mobile hotel bookings doubled.

Hotels 109

Hotels Shopping Overbooking Revenue 109

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

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

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