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. There are several drawbacks to this approach… Preventing last minute overbookings Firstly, you may overbook your rooms.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

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

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

SiteMinder

JUNE 26, 2024

It’s a holistic process that hotels can use to effectively manage pricing, inventory, distribution, customer demand, and more to promote revenue growth. Revenue optimization vs revenue management In terms of definition and practice, there is a difference between revenue optimization and revenue management.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

STAAH

OCTOBER 18, 2022

These communications become a fantastic opportunity to upsell your services. Integration with your PMS and channel manager to ensure the website always reflects accurate information. It is important to be consistent and punctual when dealing with these queries. 2 Allow perosnalisation. Mobile friendly. Safe online payment.

Revenue 98

Revenue Upsell OTA Overbooking 98

Cloudbeds

APRIL 8, 2024

It can be customized to fit your brand, cater to international audiences with multi-language and currency options, and offer add-ons or upsells to help you increase revenue. Upsells and add-ons. Integrated booking engines come equipped with in-depth reporting capabilities since data is centralized from your PMS and channel manager.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. To effectively manage online distribution, Channel Managers are pivotal tools that streamline the management of third party channels, ensuring price consistency and real-time room availability.

OTA 94

OTA Hotels Revenue Market 94

Catala Consulting

JULY 30, 2023

In the fiercely competitive hospitality industry, the essence of successful resort revenue management lies in data-driven decision-making. Resort revenue management has become an indispensable tool for businesses, fostering strategies that maximize yield and build strong customer relationships.

Revenue Management 52

Revenue Management Revenue Resorts Management 52

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 Marketing Strategy Upsell 52

SiteMinder

AUGUST 26, 2024

Meeting the challenges of growth Managing multiple properties brings a number operational challenges, and a potentially overwhelming workload. 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

Hotelogix

OCTOBER 18, 2024

What Is Hotel Operations Management? Cost Management: Efficient operations help hotels control their expenses. Managing this area well is essential for creating a positive first impression. Importance of Upselling: Training staff to suggest additional menu items can enhance the dining experience and boost revenue.

Operations 52

Operations Management Hotels Services 52

SiteMinder

SEPTEMBER 4, 2023

Collecting data, prioritising attention to detail, and optimising personalisation are all keys to perfecting upsells and ancillary services. Our constant struggle has been efficiently managing availability, inventory, task management, and online travel agencies (OTAs),” said Pawarisa.

Operations 98

Operations Revenue Hotels OTA 98

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

Fuel Travel

JULY 11, 2024

Behind the scenes it manages rates, availability, and guest reservations, passing this information from the hotel to the guest and vice versa. It also prevents overbooking and keeps everything in sync, allowing guests to tailor their stay preferences and enhance their experience. How does hotel booking software work?

Upsell 52

Upsell Overbooking Hotels OTA 52

Hotelogix

OCTOBER 17, 2024

They minimize overbookings, streamline the reservation process, and drive revenue. If you're still managing bookings manually, it’s time to make the switch.  Upselling An online booking system helps with upselling by presenting guests with additional services or upgrades during the reservation process.

Upsell 52

Upsell Revenue Hotels Overbooking 52

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. Oftentimes, these tasks overpower hotels’ ability to invest in proper guest communication, marketing activities, and revenue management , which significantly impacts performance and profitability.

Revenue Management 98

Revenue Management Hotels Operations Revenue 98

Cloudbeds

FEBRUARY 28, 2024

Whether online or offline, behind every effortless booking experience is a fast, reliable, and fully integrated hospitality management system. A hotel reservation system is software used in the hotel industry to manage room inventory, rates, and bookings. How do hotel reservation systems work? Increase efficiency.

Revenue Management 98

Revenue Management Hotels Revenue Operations 98

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

Hotel Business

MARCH 14, 2024

Furthermore, AI can facilitate predictive analytics to forecast demand patterns accurately, allowing hotels to allocate resources efficiently and optimize inventory management. This proactive approach minimizes the risk of overbooking or underutilization of rooms, ultimately improving revenue management and operational efficiency.

Overbooking 59

Overbooking Revenue Upsell Services 59

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 40

Revenue Management Revenue Management Ancillary Revenue 40

Clock Software Hospitality

NOVEMBER 24, 2020

Hospitality property management systems (PMS) provide independent hotels with the same set of tools that large hotel chains use to manage their own properties. A hotel’s PMS is its core, it is the source of all operations and distribution, containing all relevant data to successfully manage the property.

Upsell 52

Upsell Hotels Accommodation Events 52

SiteMinder

JANUARY 14, 2025

The simple SiteMinder GDS user experience reduces the risk of overbooking and simplifies reservation management for hotels. It offers a simple way to target high-value corporate clients through established travel management networks. These can all be managed in one place on a platform like SiteMinder.

Global Distribution System 52

Global Distribution System Upsell Hotels Travel 52

Hotelogix

NOVEMBER 7, 2024

Use Dynamic Pricing: Automate Pricing with Tools: Use tools or software (like a Property Management System or PMS) to automate your pricing decisions. Streamline Distribution to Maximize Visibility Managing your distribution channels is key to maximizing your hotel's visibility. Focus on the ones that best fit your target guests.

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

SiteMinder

NOVEMBER 14, 2023

Lodgify primarily focuses on providing vacation rental owners and property managers with tools to build their own websites, manage reservations, and streamline their operations. It’s often used by rental owners and property managers to grow bookings. What is Lodgify compared to SiteMinder?

Revenue 52

Revenue Revenue Management Upsell Management 52

SiteMinder

NOVEMBER 20, 2023

Both Eviivo and SiteMinder are popular hotel management software solutions. Eviivo is a UK-based software solution primarily known for its channel manager software. Eviivo’s suite also includes tools like a property manager, website manager, promo manager, an Eviivo app, Eviivo’s payments tool, and more.

OTA 59

OTA Revenue Management Overbooking 59

eZee Absolute

FEBRUARY 7, 2024

Maintaining rate parity, real-time inventory, handling overbookings and under-bookings, and whatnot! So maybe, this is where are losing your profits and adding a burden of managing your hotel operations. You may be already getting bookings from third-party online distribution channels, or walk-ins or from some other sources.

Upsell 59

Upsell Hotels Overbooking Revenue 59

SiteMinder

SEPTEMBER 6, 2023

Your hotel management software will keep everything in sync, so what guests see online is always up-to-date. Reduced workload Gone are the days of manual booking management. This efficiency not only reduces operational costs but also minimises the risk of overbooking or scheduling conflicts.

Hotels 98

Hotels Revenue Occupancy Services 98

Hotel Speak

JULY 4, 2023

They can work with a hotel channel manager to ensure real-time distribution of rates and inventories across OTAs for better visibility, more sales, and zero overbookings. Large hotel groups can witness many benefits with Cloud-based Hotel PMS, more precisely, a Hotel PMS with multi-property management capabilities.

Hotels 52

Hotels Revenue Revenue Management Occupancy 52

Clock Software Hospitality

NOVEMBER 3, 2020

Throughout the years this has led to countless innovations in the industry, culminating with the adoption of hotel property management systems (PMS) which now act as the centre of a hotel’s daily operations. Manage Room Inventory Your hotel’s occupancy is the main metric by which you judge how well your business is doing at the moment.

Hospitality 52

Hospitality OTA Revenue Management Hotels 52

Hotelogix

MAY 16, 2024

It's about exceeding them while efficiently managing your operations. Streamline operations with a cloud-based hotel property management system (PMS) Upgrading to a cloud-based Hotel PMS can significantly improve hotel operational efficiency.   Read Also: Best Practices to Leverage Hotel Data for Efficient Hotel Operations 2.

Operations 52

Operations OTA Hotels Revenue 52

StayNTouch

NOVEMBER 16, 2022

It’s critical to integrate your PMS and booking engine with a channel manager so that you can efficiently manage distribution through multiple OTAs, gain valuable data on channel profitability, and prevent overbookings. A channel manager is also an important hub for customer data and business intelligence.

OTA 52

OTA Hotels Revenue Overbooking 52

Hotelogix

OCTOBER 19, 2023

Managing daily hotel operations is undoubtedly a complex and stressful task. We are talking about the Hotel Property Management System, also called the Hotel PMS System. Other critical aspects are assigning housekeepers to maintain rooms, managing room-keeping schedules, and tracking inventory such as linen and cleaning supplies. 

Hotels 52

Hotels Revenue OTA Management 52

AskSuite

FEBRUARY 26, 2025

At the same time, a well-executed hotel guest messaging strategy drives revenue by increasing direct bookings, upsells, and loyalty. Instant access to accurate guest data enables proactive service, faster issue resolution, and minimizes risks like overbookings or miscommunication.

Revenue 52

Revenue ROI Hotels Services 52

SiteMinder

OCTOBER 11, 2022

Technology in the hotel industry continues to advance at a rapid pace and hotel property management software (PMS) remains essential for hoteliers looking to improve how they run their business. The key to reaping the benefits of an effective hotel management software system is to select the right one for your property.

Hotels 52

Hotels Management Revenue Management Revenue 52

eZee Absolute

SEPTEMBER 26, 2024

On a recent flight to Bangalore, I bumped into Aditi, a former colleague who now manages a resort in Wayanad. For example, if a hotel notices a spike in no-shows on weekends during peak season, they can adjust their staffing or overbooking strategy. Consider offering the room to waitlisted guests or upselling to walk-in customers.

Cancellation 52

Cancellation Hotels Revenue OTA 52

Cloudbeds

JANUARY 10, 2025

But first, listen to Filippo Fasolo, Product Manager at Cloudbeds, discuss what exactly metasearch is during Passport 2024. Upsell and cross-sell. Manage rates Strive to maintain rate parity across distribution channels. This can lead to double bookings, overbookings , and missed booking opportunities.

Cost Per Click 52

Cost Per Click Market Marketing OTA 52

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