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JUNE 16, 2023

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. Analyses showed that hotels with a solid revenue management strategy came out of the Covid-19 crisis better than hotels without.

Overbooking 98

Overbooking Revenue Management Revenue Management 98

SiteMinder

OCTOBER 26, 2022

Things get harder when everything needs to be done manually, and the chance of overbooking is high. ” “Knowing the high turnover of rooms in our hotel, this is such an important feature to avoid overbooking,” explains Kadek. SiteMinder allows effective working time for all our teams, both in Sales and Marketing.

Resorts 105

Resorts Overbooking OTA Management 105

STAAH

OCTOBER 7, 2024

By integrating with STAAH, Ottila International provides hoteliers with a streamlined solution for managing their operations more efficiently, from reducing manual data entry to minimizing overbookings.

B2B 115

B2B Overbooking Accommodation Travel 115

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 105

Overbooking OTA Revenue Upsell 105

STAAH

OCTOBER 15, 2024

A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies. Hotels using this integration have reported reduced overbookings and better room occupancy rates.

Operations 110

Operations OTA Overbooking Revenue 110

SiteMinder

JANUARY 13, 2025

Additionally, SiteMinder has been named the top finalist in the category of Rate Shopping & Market Intelligence, for the real-time intelligence it provides to hotels, as well as Best Hotel Management System for Little Hotelier, the companys all-in-one solution for small accommodation providers. It is used by 2.5

Accommodation 59

Accommodation Revenue Overbooking Market Share 59

Inn Quest

SEPTEMBER 5, 2023

By implementing an inventory tracking system, hotels can minimize underbooking, reduce overbooking risks, set competitive prices and provide a seamless guest experience, ultimately leading to increased revenue and improved operational efficiency. This prevents overbooking and rate disparities, enhancing the guest experience.

Management 87

Management Overbooking Revenue Hotels 87

Hotel Speak

JULY 4, 2024

Improved Response to Market Dynamics: The combination of G3 RMS and Property Connector allows properties to proactively spot trends and respond swiftly to changes in the market. This integration pushes all changes automatically, reducing errors and saving time for strategy.

Revenue 105

Revenue Revenue Management Forecasting Overbooking 105

STAAH

JUNE 11, 2024

Establishing a better mix between OTAs vs. direct bookings from third-party distributors and direct bookings or the right balance OTAs vs. Direct can help modern hoteliers maximise revenue and take full advantage of projected market growth. Invest in marketing: Use meta search engines, SEO and SEM to attract direct traffic to your website.

OTA 110

OTA Shopping Occupancy Overbooking 110

MediaBoom

MARCH 14, 2024

Marketing strategies in the hotel sector are designed to enhance brand visibility and broaden reach. A r obust local SEO strategy helps travelers find your hotel when they’re searching for accommodations in your vicinity, making it a critical component of your digital marketing efforts. Let Mediaboom guide you.

Digital Marketing 68

Digital Marketing Services Market Marketing 68

SiteMinder

MAY 21, 2023

Although the target market has since changed, what remains constant is the hotel’s standards and work ethic. Silavadee Pool Spa Resort emphasises that “since implementing SiteMinder, we have experienced a significant increase in online bookings, up to 60%, through effective yield management strategies based on market trends.

Resorts 98

Resorts Overbooking Yield Management OTA 98

Hotelogix

NOVEMBER 28, 2024

How to Pick the Right Channel Manager for Your Business There are hundreds of options in the market. Follow these practices to make the most of your system: Keep Rates Competitive - Adjust prices frequently based on demand, market trends, and competitor rates. Focus your efforts and marketing budgets accordingly.

Business 52

Business Management OTA Global Distribution System 52

Hotel Speak

FEBRUARY 26, 2024

Unplanned overbookings, front desks staffed 24/7, and marketing or finance degrees to optimize revenue will soon be a thing of the past. With demand relatively flat, hotels will need to focus efforts on growing market share and RevPAR. So are siloed and disparate legacy systems.

Average Daily Rate 110

Average Daily Rate OTA Overbooking Travel 110

Cloudbeds

FEBRUARY 25, 2025

This automated reservations pipeline minimizes the risk of overbookings, missed updates, and guest data inconsistencies, driving operational efficiency across departments. The enhanced Cloudbeds-Sabre Hospitality integration is set to go live in Q1 2025, and will be available to all joint customers.

Hospitality 59

Hospitality OTA Overbooking Operations 59

SiteMinder

DECEMBER 12, 2023

SiteMinder recently spoke with Mr.Lê Tấn Triết, Director of Sales & Marketing of Terracotta Hotel & Resort. Therefore, we will have an overall view of the market and customer tastes and begin implementing future orientation plans. Efficiency was the key factor in adopting SiteMinder as a solution.

Resorts 105

Resorts OTA Overbooking Hotels 105

STAAH

APRIL 16, 2024

Look for a solution that utilizes sophisticated algorithms to analyze market demand, competitor pricing, booking patterns , and other relevant factors in real-time. This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.

Revenue Management 110

Revenue Management Revenue Management Forecasting 110

Xotels

JANUARY 18, 2021

One of the components needed to apply a hotel revenue management is market segmentation. It allows you to target and market to a variety of consumer groups with different behaviour with an offer that matches their needs and budget level. What is Hotel Market Segmentation? The price does not decide the market segmentation.

Hotel Marketing 40

Hotel Marketing Market Marketing Revenue Management 40

STAAH

OCTOBER 15, 2023

This led to rate disparity, overbooking and inventory discrepancies. The Rudraksh team highly recommends all hoteliers to consider STAAH as a market-leading innovative distribution management system. Prior to STAAH, the process for the Rudraksh team was very manual; managing each channel individually.

Overbooking 105

Overbooking Occupancy Accommodation Resorts 105

STAAH

MARCH 31, 2024

Looking for reliability Before STAAH , Sunshine Hotels & Resorts had tried two other channel managers in the market. Delayed and failed updates to rates and availability was a common occurrence resulting in overbookings. However, both previous platforms disappointed the hospitality group with their technology.

Resorts 110

Resorts Overbooking Hotels Revenue 110

Hotelogix

DECEMBER 7, 2023

OTAs are now a great marketing resource for hotel owners, allowing them to reach a wider audience and optimize revenue.   Key Factors to Consider When Selecting OTAs With so many OTAs available in the market, it is crucial to understand their booking models and consider vital factors that synchronize with your brand and its business.

OTA 107

OTA Overbooking ROI Hotels 107

eZee Absolute

DECEMBER 11, 2024

Despite exploring various solutions available in the market, none seemed to fit their needs. Managing operations across numerous properties and keeping track of each one was becoming more complex. The lack of real-time information on each property made it tough to keep everything in check.

Operations 52

Operations Hotels Management Overbooking 52

STAAH

JUNE 18, 2024

Booking process Display accurate, up-to-date information on room availability and pricing to avoid overbooking and ensure transparency. Provide detailed analytics and reporting tools to track booking patterns, user behaviour, and the effectiveness of marketing campaigns.

Cancellation 105

Cancellation OTA Overbooking Accommodation 105

SiteMinder

SEPTEMBER 6, 2023

Market competitiveness : Being able to efficiently handle last-minute bookings positions your hotel as agile and responsive, qualities that modern travellers highly value. There are several drawbacks to this approach… Preventing last minute overbookings Firstly, you may overbook your rooms.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

eZee Absolute

DECEMBER 7, 2023

Myth #7: Overbooking is a curse and should NEVER be used Overbooking can make or break a hotel; it is like a double edge sword. If you aren’t aware of overbooking, it is a strategy used by revenue managers to acquire more reservations than the number of available rooms to achieve the highest possible occupancy rate.

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

STAAH

JULY 7, 2024

This has not just saved countless hours but has also reduced the risk of errors and overbookings , providing a seamless booking experience for guests. A key ask from CityBlue when looking for the right technology platform was easy access analytics and insights to inform their revenue and marketing strategy and STAAH didn’t disappoint.

Revenue 115

Revenue Overbooking Hotels Marketing Strategy 115

STAAH

FEBRUARY 25, 2024

Since its inception, the company has continued to grow, announcing its first foray into the global market by managing hotels in Uzbekistan. That was time-consuming for the team and opened the door to issues such as unintentional overbooking or lost revenue due to delayed rate updates. STAAH fixed these issues.

Revenue 105

Revenue Resorts Overbooking Hotels 105

Hotel Speak

JULY 24, 2024

The dynamic landscape of hotel distribution offers numerous opportunities for hotels to maximise their market presence and profitability. Strategic distribution means hotels can minimise the impact of seasonal fluctuations while accessing real-time market data to inform pricing strategies swiftly, ensuring competitive advantage.

OTA 101

OTA Hotels Revenue Marketing 101

Hotelogix

NOVEMBER 7, 2024

These tools can adjust your rates automatically, based on real-time data and market trends. You want to make sure your hotel is available where your guests are looking, but also avoid overbooking or confusion about prices across multiple channels. If they lower their rates, you might need to adjust yours to stay competitive.

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

Xotels

MARCH 3, 2025

Instead of relying on guesswork, revenue tools analyze: Market demand How many people are looking for rooms in your area? Customer Relationship Management (CRM) System A CRM organizes guest data so that you can personalize their experience and market to them with the right offers at the right time.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

STAAH

MAY 7, 2023

Without the right automation to manage availability, rates and restrictions, the time to market was significantly hampered. Combined with real-time updates, this has meant time-saving for the Airways team along with reduced risks of overbookings and rate parity issues.

Overbooking 98

Overbooking General Manager Revenue Hotels 98

STAAH

AUGUST 20, 2023

They wanted a platform that was fast and performant – quickly updating inventory and rates across multiple online channels, minimising errors and overbooking. Lastly, in the highly competitive Thai tourism market, staying one step ahead of competitors is critical. STAAH ticked all the boxes – and more.

Revenue 98

Revenue Overbooking Resorts Occupancy 98

Cloudbeds

JANUARY 10, 2025

And yet, many hotels overlook metasearch in their digital marketing strategy , missing out on opportunities to reach a broader segment of travelers, compete for business with online travel agencies (OTAs), and drive direct bookings. What is hotel metasearch marketing? This includes opportunities to: Broaden your reach.

Cost Per Click 52

Cost Per Click Market Marketing OTA 52

STAAH

OCTOBER 3, 2023

By providing real-time updates , it ensures that all connected channels reflect the most accurate and up-to-date information , preventing overbooking or underbooking while maintaining rate parity. There are many channel managers on the market. Greater market reach. STAAH MAX Channel Manager is also available in the Mobile app.

Accommodation 105

Accommodation Management Global Distribution System OTA 105

Hotelogix

OCTOBER 4, 2024

Choosing the right OTA channel manager can streamline your hotel’s online distribution strategy, prevent overbookings, and boost overall profitability. This prevents overbookings and reduces manual work. Prevent Overbookings: Real-time updates reduce the risk of double bookings, ensuring a smoother guest experience.

OTA 52

OTA Management Overbooking Revenue 52

Inn Quest

AUGUST 8, 2023

In other words, it is a form of dynamic pricing where businesses vary the prices based on the changes in demand and real-time market conditions. Offering competitive rates during off-peak seasons allows hotels to remain active in the market and attract guests even when other competitors might be struggling to maintain occupancy.

Hotels 88

Hotels Occupancy Overbooking Revenue 88

SiteMinder

MAY 21, 2023

The implementation of SiteMinder’s channel manager played a significant role in expanding sales to international markets. Unfortunately, instances of overbooking would sometimes occur before our staff could update the bookings from all channels. “That’s why we chose to implement SiteMinder’s channel manager.

Overbooking 87

Overbooking Hotels Sales Services 87

Little Hotelier

JULY 25, 2023

It’s such a relief to know we’re not accidentally overbooking our property. The two owners are planning to connect to additional OTAs in order to reach more markets. Since using Little Hotelier , bookings are going directly into their PMS via the property’s website and coming in from OTAs via the channel manager feature.

OTA 98

OTA Overbooking Consumer Management 98