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 90

Overbooking OTA Revenue Upsell 90

SiteMinder

OCTOBER 26, 2022

In the digital age managing hotels has a new set of challenges, especially the need to stay alert with room availability & price adjustment while managing online travel agents (OTA). Things get harder when everything needs to be done manually, and the chance of overbooking is high. Establishing room rates is no longer a problem.

Resorts 105

Resorts Overbooking OTA Management 105

Hotelogix

DECEMBER 7, 2023

The advent of Online Travel Agencies (OTAs) has revolutionized the hospitality sector. It allows travellers to compare rates and services of multiple properties. OTAs are now a great marketing resource for hotel owners, allowing them to reach a wider audience and optimize revenue. Then this guide is all you need. 

OTA 107

OTA Overbooking ROI Hotels 107

SiteMinder

NOVEMBER 30, 2023

What is travel technology? Travel technology comprises digital tools and platforms aimed at streamlining operations and enhancing guest experiences in the travel and hospitality sectors. Here’s how travel technology is changing the industry and the possible implications, negative and positive, for hotels.

Travel 52

Travel Hotels Services OTA 52

SiteMinder

MAY 21, 2023

The remarkable service and awe-inspiring ocean views leave a lasting impression on both local and global travellers, making it a coveted destination on their must-visit lists. Although the target market has since changed, what remains constant is the hotel’s standards and work ethic.

Resorts 98

Resorts Overbooking Yield Management OTA 98

STAAH

JUNE 11, 2024

On one side, you have OTAs (online travel agents) that are vital distribution partners to liquidate unsold inventory and put heads in beds. The OTA dominance and advantage The OTA dominance in the distribution space is hardly one you can ignore; almost 2-1 share of bookings according to market reports.

OTA 88

OTA Shopping Occupancy Overbooking 88

SiteMinder

SEPTEMBER 6, 2023

These bookings often occur due to sudden travel plans, business needs, or even whimsical decisions to take a quick getaway. Diverse clientele : Last-minute bookings attract a wide range of guests, from business travellers catching a late flight to spontaneous weekend adventurers.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

eZee Absolute

OCTOBER 24, 2024

In today’s competitive market, mastering distribution channels is essential for maximizing a hotel’s success. Guests expect consistency and ease, whether they’re booking on a hotel’s website or through an online travel agency. It’s about delivering a seamless experience across all of them.

Hotels 52

Hotels Revenue Management Overbooking Revenue 52

Horizon Hospitality

JULY 10, 2024

Striking the right equilibrium requires a keen understanding of market dynamics, customer behavior, and strategic pricing. An RMS will consider various factors like historical data, market trends, and competitive pricing. By ensuring rate parity and availability across channels, you can prevent overbooking and maximize exposure.

Occupancy 52

Occupancy Revenue Yield Management Forecasting 52

Inn Quest

AUGUST 15, 2023

Hotels face a daunting challenge as travelers seek convenience and competitive prices: how to efficiently manage their room inventory across multiple online distribution channels while maintaining real-time updates and avoiding overbooking. This is where a hotel channel manager comes into play. What Is A Hotel Channel Manager?

Management 52

Management Global Distribution System Overbooking OTA 52

Hotel Speak

AUGUST 13, 2024

Today, hotels must maximise visibility to travellers and central to this strategy is the ability to harness the power of different channels to capture the right guest profile. It is crucial that hotels closely manage distribution of rates and inventory to prevent revenue loss, overbooking, or increased fees from third-party channels.

Revenue 82

Revenue Sales OTA Average Daily Rate 82

SiteMinder

NOVEMBER 22, 2023

Hotels must also navigate the complexities of dynamic pricing strategies and adapt to evolving market trends, while maintaining high standards of cleanliness and safety, particularly in light of recent health concerns. The success of a hotel often hinges on how well these challenges are managed and resolved.

Overbooking 52

Overbooking Hotels Revenue Occupancy 52

SiteMinder

AUGUST 1, 2024

Trip.com is a global online travel agency that connects millions of travellers with hotels worldwide. While both eBooking and Ctrip extranet platforms offer similar functionalities, they are designed to cater to different markets. Market focus : Ctrip focuses on Chinese travellers, whereas eBooking caters to a global audience.

Revenue 52

Revenue Yield Management Overbooking Management 52

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 96

Revenue Overbooking Hotels Marketing Strategy 96

Hotelogix

OCTOBER 24, 2024

There are several types of hospitality technology solutions that are available in the market. Channel Manager A channel manager is a software that helps you distribute/update your hotel’s rooms and rates on all the connected Online Travel Agencies (OTA). This would lead to overbooking and double booking.

OTA 52

OTA Management Overbooking Cancellation 52

Fuel Travel

JULY 11, 2024

It also prevents overbooking and keeps everything in sync, allowing guests to tailor their stay preferences and enhance their experience. Properties still relying on phone or form bookings are losing revenue, especially amongst younger travelers who are less likely to reach out directly to the hotel.

Upsell 52

Upsell Overbooking Hotels OTA 52

Hotelogix

NOVEMBER 28, 2024

Read more on Best Online Travel Agencies   for your Hotel User-Friendly DesignHoteliers and staff shouldn’t need weeks of training. How to Pick the Right Channel Manager for Your Business There are hundreds of options in the market. Focus your efforts and marketing budgets accordingly.

Business 52

Business Management OTA Global Distribution System 52

Hotelogix

AUGUST 27, 2024

Online travel distribution is growing fast—faster than the overall travel market. Today’s digital travelers have many booking options. While this offers new opportunities for your hotel, it also challenges you to cut distribution costs while expanding your brand in a highly competitive market.

Global Distribution System 52

Global Distribution System OTA Revenue Hotels 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

Hotelogix

AUGUST 31, 2024

A Global Distribution System (GDS) is a computerized network used by travel agents, online travel agencies, and corporate travel managers to book travel services like hotel rooms, airline tickets, car rentals, and more. The most popular GDS networks include Amadeus, Sabre, Galileo, and Worldspan.

Global Distribution System 40

Global Distribution System OTA Occupancy Hotels 40

SiteMinder

OCTOBER 10, 2023

Agoda, being one of the leading online travel agencies (OTAs), provides a vast and valuable audience. Once a room is booked on Agoda, the channel manager ensures that it’s taken off the market, eliminating the potential for double bookings. Table of contents Why should hotels consider a channel manager for Agoda?

Management 59

Management Overbooking OTA Hotels 59

Little Hotelier

OCTOBER 11, 2023

For hoteliers, peak travel season is all about making hay while the sun shines. By positioning yourself as the first choice for your target guest, you can charge a higher rates for your rooms – which guests will be more willing to pay given they are competing against so many other travellers.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

SiteMinder

JUNE 12, 2024

By understanding and anticipating guest behaviour and market dynamics, hotels can optimise their pricing strategies to boost their bottom line. It’s a testament to how industries adapt, grow, and refine their strategies in response to changing market dynamics and customer expectations. in one day, week, or month.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

STAAH

JUNE 18, 2024

The more intuitive and easier your booking process is, the easier it will be for hotels to compete with online travel agents (OTAs) for direct bookings. Booking process Display accurate, up-to-date information on room availability and pricing to avoid overbooking and ensure transparency.

Cancellation 86

Cancellation OTA Overbooking Accommodation 86

Hotel Speak

JULY 24, 2024

Hotels have worked with third parties such as airlines, travel agents, online travel agents (OTAs) and the Global Distribution System (GDS) for decades. The dynamic landscape of hotel distribution offers numerous opportunities for hotels to maximise their market presence and profitability.

OTA 75

OTA Hotels Revenue Revenue Management 75

SiteMinder

MAY 21, 2023

Today, Ping Nakara Boutique Hotel and Spa is beloved by international travellers for its nostalgic appeal and exceptional hospitality. The implementation of SiteMinder’s channel manager played a significant role in expanding sales to international markets. The hotel can then adjust the rates more reasonably and competitively.

Overbooking 87

Overbooking Hotels Services Sales 87

eZee Absolute

DECEMBER 11, 2023

A hotel channel manager is a software that allows hotels like yours to manage their online inventory and rates across multiple booking channels, such as online travel agencies (OTAs), global distribution systems (GDSs), and your website as well. There are many channel managers in the market. It’s a win-win!

Management 59

Management OTA Overbooking Global Distribution System 59

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 81

Revenue Management Revenue Management Forecasting 81

Hotel Business

MARCH 14, 2024

“We believe this new solution will enable our clients to thrive in a competitive market landscape.” AI-powered algorithms can analyze vast amounts of data, including user preferences, booking history and market trends, to provide tailored recommendations and customized experiences for guests.

Overbooking 59

Overbooking Revenue Upsell Services 59

Xotels

APRIL 3, 2024

This is done by thoroughly understanding your property, its customers, and the market. Understand your Hotel´s Market The success of your revenue management strategy depends on how well you understand your market. This is one of the first steps when creating a revenue management strategy, performing thorough market research.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

SiteMinder

JUNE 26, 2024

By prioritizing revenue optimization, your hotel will be in a stronger position to take advantage of data, trends, and market insights. Improved forecasting: Revenue optimization involves analyzing data on past booking trends, competitor pricing, and market conditions. Our smart hotel platform helps you do exactly that.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

Hotelogix

OCTOBER 17, 2024

They minimize overbookings, streamline the reservation process, and drive revenue. Promote sales and marketing synergy How frequently do you search the web to find information? Having an online booking system can connect your sales and marketing efforts. 5 Advantages of Using an Online Booking System for Your Property 1.

Upsell 52

Upsell Revenue Hotels Overbooking 52

Little Hotelier

JULY 31, 2023

MaxiRoom is equipped with a range of features aimed at optimising your hotel’s performance across Hotelbeds’ worldwide markets and channels. This means you can manage your reservations, update your rates and availability, and distribute your rooms to online travel agencies (OTAs) all from one platform.

Cancellation 52

Cancellation Overbooking OTA Management 52

Hotelogix

NOVEMBER 7, 2024

Maximize Direct Bookings to Reduce Dependence on OTAs When guests book through Online Travel Agents (OTAs) like Booking.com or Expedia, hotels often have to pay hefty commission fees, sometimes up to 20%. These tools can adjust your rates automatically, based on real-time data and market trends. front-page listing).

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

Hotelogix

AUGUST 13, 2024

In this context, one of the most transformative trends reshaping how hotels market and sell their rooms is Attribute-Based Selling (ABS). This model of selling rooms caters to the diverse preferences of travelers, providing them with a personalized experience that meets their unique needs.

Revenue 52

Revenue Hotels Occupancy Overbooking 52

eZee Absolute

FEBRUARY 27, 2024

With pilgrims flocking to the region year-round, hotels must navigate a bustling market to attract guests. Hotel Katra Residency, amidst this busy landscape, faced a dual challenge: maximising online visibility and standing out in a crowded market. At the same time, it eliminated the risk of manual errors in inventory management.

Overbooking 52

Overbooking Global Distribution System Hotels Management 52

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. However, it would be nice to also see some international travellers from time to time. This takes only a few clicks with the channel manager.

OTA 98

OTA Overbooking Consumer Management 98