SiteMinder

JULY 13, 2024

What is hotel revenue management? Hotel revenue management is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. What is the primary purpose of revenue management? Why is revenue management important for the hotel industry?

Revenue Management 98

Revenue Management Revenue Management OTA 98

SiteMinder

JUNE 6, 2024

A quick search on the internet yields a wide range of definitions for ‘revenue management’. Some of these take a theoretical, almost academic approach and, in several instances, there are iterations of revenue management’s classic definition: ‘selling the right room, to the right guest, at the right time, for the right price’.

Revenue Management 98

Revenue Management Revenue Management Accommodation 98

SiteMinder

SEPTEMBER 19, 2022

Hotel management apps are one way of both increasing performance at your business and generally making life easier. What are hotel management apps? Hotel management apps are software tools that make the everyday running of your property easier. What are the benefits of using an app to manage bookings or guest experience?

Management 97

Management Upsell Hotels Revenue 97

SiteMinder

MARCH 24, 2025

It acts as a virtual concierge, answering common questions, sharing booking links, promoting special offers, and even upselling services without staff intervention. Instead of juggling different apps, hotel staff can manage all conversations from a single dashboard. What is Visito Voice, and how does it enhance guest engagement?

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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

eZee Absolute

JANUARY 27, 2025

Plus, dont forget to promote them through your website, OTAs, and social media platforms well ahead of the festival to drive bookings and create buzz. Seamless Integration : Connect effortlessly with OTAs and payment gateways for smooth transactions. Enhance Operational Efficiency with Modern Tools 1.

Upsell 52

Upsell Hotels OTA Revenue Management 52

Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. Hotels have worked with third parties such as airlines, travel agents, online travel agents (OTAs) and the Global Distribution System (GDS) for decades.

OTA 101

OTA Hotels Revenue Marketing 101

Hotel Speak

OCTOBER 31, 2024

To delve deeper into this issue, we spoke with Tony Marshall, VP Managing Director APAC at Agilysys. The rise of OTAs and the ease of comparison shopping have significantly impacted guest behaviour. This enables your team to provide more relevant and valuable upsells. AI can play a significant role in enhancing personalisation.

Hospitality 101

Hospitality Revenue Yield Management Dining 101

STAAH

APRIL 3, 2024

Almosafer Saudi-based OTA with a strong position in GCC. Rehlat Kuwait-based OTA with a strong presence in the GCC countries. Upselling, CRM & Marketing The Percentage Company SEA-based sales and marketing consultancy. Property Management System Softinn SEA-based hospitality technology provider.

B2B 109

B2B OTA Upsell Closing 109

Cloudbeds

JUNE 8, 2023

This year, more properties will invest in technology to help create new revenue opportunities, build better websites , manage marketing campaigns, automate services, and improve the guest experience. To minimize frustrations and manage your property with ease and sophistication that impresses guests, consider hotel management software (HMS).

Management 98

Management Hotels Revenue Digital Marketing 98

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. Plus, there are no more uncomfortable conversations about rate parity with OTAs or revenue loss to manage due to clunky management. It is hassle-free and easy to use.

Overbooking 104

Overbooking OTA Revenue Upsell 104

Hotel Business

DECEMBER 12, 2022

Hotel management system provider RoomRaccoon has unveiled its annual global report, RoomRaccoon Report 2022, “A Year of Impact: What’s Next?” ” The report analyzed the booking data of thousands of independent properties in 54 countries around the world. Memorable experiences outweigh rising inflation.

Occupancy 115

Occupancy Ancillary Revenue Upsell Revenue 115

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. In this guide for hospitality professionals, you’ll learn all about Channel Managers, from how they work to what makes great software for your business specifically. What is a channel manager?

Management 76

Management OTA Cancellation Overbooking 76

STAAH

OCTOBER 24, 2023

With 60% of visitors to Online Travel Agencies (OTAs) eventually checking out your website, the opportunity to secure commission-free direct bookings is substantial. Cost Savings: OTAs are marketing powerhouses, but they come at a cost. User-Friendly Reservation Management: Managing bookings should be a breeze.

OTA 104

OTA Revenue Upsell Marketing 104

Cloudbeds

MARCH 15, 2023

Direct bookings are reservations guests confirm directly with a property without using an online travel agency (OTA) or 3rd party intermediary. Direct bookings are beneficial because they connect lodging businesses directly with potential customers and increase hotel revenue through money saved from OTA commissions.

OTA 98

OTA Revenue Sales Hotels 98

SiteMinder

JANUARY 16, 2025

When a hotel uses a connectivity partner like SiteMinder GDS , travel agents and corporate travel management companies can book inventory through Galileo and other major GDS providers. Efficient upselling opportunities A GDS grants your hotel the opportunity to upsell without needing to put much effort in at all.

Global Distribution System 52

Global Distribution System Hotels Upsell Travel 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

AUGUST 29, 2023

Look into your PMS, hotel channel manager like STAAH MAX Channel Manager , booking engine like STAAH SwiftBook and website analytics for insights that can help piece together this information before being applied to external channels to attract them to your booking platform. Looking for a Hotel Booking Engine?

OTA 104

OTA Email Marketing Marketing Strategy Marketing 104

Hotelogix

AUGUST 6, 2024

Moving from merely managing hotel revenue to maximizing profit is a critical transformation that ensures your property's long-term success. Here's a detailed guide on transforming your hotel's revenue management to focus on profit maximization. Train your staff to identify and capitalize on upselling opportunities.

Revenue 52

Revenue Management Upsell Target Marketing 52

Cloudbeds

APRIL 8, 2024

Many hoteliers question if it’s worthwhile investing in a direct booking strategy or if they can solely rely on online travel agencies (OTAs) like Airbnb, Booking.com, or Trip.com to fill occupancy. Upsells and add-ons. Are you wondering whether you need a hotel booking engine? Travelers crave experiences. Rate comparison widget.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

Hotelogix

MARCH 27, 2025

In today’s fast-paced hospitality world, a clunky Property Management System (PMS) can quietly kill hotel operations. But here’s the good news: a streamlined, intuitive PMS UX can turn hotel operations around—boosting staff productivity, enhancing guest satisfaction , and improving hotel revenue management.

Online Marketing 40

Online Marketing 40

Travelboom Marketing

MAY 24, 2024

Hotel revenue management strategies make the most of hospitality budgets by connecting the right guests with the best offer at the optimal time. Read on for a list of proven hotel revenue management strategies that work when you need to turn a profit.

Revenue Management 52

Revenue Management Revenue Management Cost Per Click 52

STAAH

MAY 16, 2023

Before we dive in the strategies it is important to understand what Hotel Room Pricing is and how Hotel Reveneue Management plays a part in deciding your hotel room price. Hotel room pricing is a critical element of revenue management for hotels. 3) Forecasting Forecasting is the lifeblood of revenue management.

Revenue Management 98

Revenue Management Occupancy Upsell Revenue 98

STAAH

JUNE 6, 2023

If you are a smart hotelier or any type of accommodation provider, you would not want to miss the chance of converting your website visitors from an OTA (or any other source) and bag the commission-free direct bookings. It plays a key role in the overall success of a hotel’s operations.

Cancellation 98

Cancellation OTA Global Distribution System Revenue 98

STAAH

OCTOBER 18, 2022

From before they arrive and visit third-party sites or OTAs to look for accommodation or online reviews to your website, email communications and the actual stay – everything contributes towards guest experience. These communications become a fantastic opportunity to upsell your services. Clever ideas to improve guest experience. #1

Revenue 98

Revenue Upsell OTA Overbooking 98

Hotelogix

SEPTEMBER 22, 2024

While you create unique experiences for your guests, managing daily operations is crucial to ensure smooth functioning and profitability. Below are the key tips for efficiently managing your resort property using modern management systems. Absence or delay in the orders can result in major discrepancies in the folios.

Resorts 52

Resorts Management Operations Revenue 52

STAAH

NOVEMBER 15, 2022

In fact, OTAs such as Expedia have updated their algorithms to give preference to properties that have been called out by guests for their fantastic guest experience. Upselling & cross-selling is a great ways to drive up incremental revenue is also on the rise by smart hoteliers. Focus on customer experience.

Hospitality 98

Hospitality OTA Travel Cancellation 98

Cloudbeds

OCTOBER 17, 2024

A hotel distribution strategy involves selecting and managing the different channels through which a hotel sells its rooms to potential guests. A basic strategy might involve listing your property on a few key online travel agencies (OTAs) like Airbnb and Booking.com and leaving it at that. What is a hotel distribution strategy?

OTA 76

OTA Occupancy Hotels Revenue 76

Cloudbeds

MARCH 23, 2023

eCommerce sites include hotel websites and booking engines , online travel agencies (OTAs), metasearch engines , and other online platforms where hotels advertise and sell rooms. Metasearch advertising can be an effective way to reach these travelers, compete with OTAs, and generate direct bookings.

OTA 98

OTA Digital Marketing Marketing Market 98

Hotel Business

SEPTEMBER 5, 2024

Independent hotel management company Life House has spun off its software business unit into a new independent business, Diamo. Whereas, Diamo will intensify its efforts in leveraging technology to make advanced revenue management strategies, along with high-return digital marketing tactics, accessible to independent lodging properties.

Revenue Management 59

Revenue Management Digital Marketing OTA Revenue 59

SiteMinder

JANUARY 8, 2024

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities.

Operations 59

Operations Management OTA Hotels 59

eZee Absolute

MAY 7, 2024

But hotel revenue management can be your secret wand. Revenue management is about more than just the right pricing. A flourishing hotel that delights guests and exemplifies the power of innovative revenue management. In the ever-competitive world of hospitality, staying ahead can be a real challenge. Sounds magical right?

Revenue Management 52

Revenue Management Revenue Management Upsell 52

STAAH

NOVEMBER 21, 2023

While OTAs undeniably hold sway, the true gold lies in harnessing the potential of direct bookings. Leverage your hotel channel manager and booking engine like SwiftBook to strategically enhance your direct booking appeal. Actively manage and respond to feedback, demonstrating your commitment to guest satisfaction.

Email Marketing 104

Email Marketing Upsell Marketing Strategy OTA 104

Little Hotelier

JUNE 2, 2024

What is a property management app? A property management app is a piece of software that allows a hotelier and their team to manage hotel operations via a phone or mobile device. Hotel and rental property management apps allow you to run your property on the go, rather than being tied to the front desk or reception office.

Management 52

Management Upsell Closing Operations 52

Little Hotelier

OCTOBER 30, 2024

PMS (property management system) integration is all about connecting your PMS with other tools you use to run your hotel. Instead of manually updating bookings or processing payments separately, a hotel PMS integration makes sure all your systems—like booking engines, channel managers, or payment gateways—are linked.

OTA 59

OTA Motels Upsell Overbooking 59

Hotelogix

FEBRUARY 27, 2025

A well-integrated hotel management system can provide real-time room availability, streamline front desk operations , and reduce errors, ensuring a smoother experience for both guests and staff. How many direct bookings are you losing to OTAs due to poor integration? How often do billing mistakes lead to guest dissatisfaction?

Operations 40

Operations Services Hotels Revenue 40

Hotelogix

JANUARY 29, 2025

Whether you manage a boutique inn or a luxury resort, these innovations will redefine hospitality. Upselling on steroids : Intelligent systems identify opportunities to offer personalized upgrades and services, increasing average guest spend. Smart power outlets : These keep tabs on and manage energy use in rooms.

Management 58

Management Hospitality Hotels Services 58