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

Catala Consulting

MAY 17, 2024

Upselling and Cross-Selling Opportunities Effective Upselling Techniques Reception staff are in a prime position to upsell additional services and room upgrades. Training reception staff in upselling techniques is crucial for maximizing these opportunities.

Revenue Management 52

Revenue Management Revenue Management Upsell 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.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

SiteMinder

AUGUST 26, 2024

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. In addition, inventory is managed automatically in real-time, meaning the risk of overbookings is significantly reduced. For Grün Ubud, the booking engine is essential, with M.

Resorts 52

Resorts Overbooking Revenue Upsell 52

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

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. A secure, seamless connection ensures that this data is shared in real time, preventing overbooking and cancellations. This integration ensures consistent availability and prevents overbooking.

Upsell 52

Upsell Overbooking Hotels OTA 52

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

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

Cloudbeds

APRIL 15, 2024

Oftentimes, these tasks overpower hotels’ ability to invest in proper guest communication, marketing activities, and revenue management , which significantly impacts performance and profitability. It’s happening in every department, from the front office to accounting, marketing, revenue management, and food and beverage.

Revenue Management 98

Revenue Management Hotels Operations Revenue 98

Little Hotelier

OCTOBER 30, 2024

This will save you from the hassle of manual updates and reduce the risk of overbookings or missed payments. Upselling integrations Maximise your revenue by integrating upselling tools into your PMS. Look for a system that automates key operations like updating room availability, managing bookings, and processing payments.

OTA 59

OTA Motels Upsell Overbooking 59

Clock Software Hospitality

NOVEMBER 24, 2020

Independent hotels have seen significant growth since online travel agencies transformed the hospitality market place. By preventing overbookings, independent hospitality providers are allowing their establishments to seem more exclusive and in turn, increase their value on the hospitality market.

Upsell 52

Upsell Hotels Accommodation Events 52

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

JANUARY 14, 2025

It slowly evolved into a more general travel booking service, and by 1986 had been given a new name Covia and was being marketed as an independent affiliate of United Airlines. It allows your hotel to tap into markets that can be impossible to reach through traditional hotel marketing efforts.

Global Distribution System 52

Global Distribution System Upsell Hotels Travel 52

AskSuite

JULY 20, 2023

Customer service, sales, marketing, and reservation teams hold significant roles in a hotel’s success. It begins with laying out realistic targets, then on-point upselling and cross-selling, culminating in the art of tailoring unique sales alternatives. This can give your sales team the edge you’re looking for.

Management 52

Management Business Marketing Strategy Upsell 52

SiteMinder

SEPTEMBER 6, 2023

This efficiency not only reduces operational costs but also minimises the risk of overbooking or scheduling conflicts. Data collection From booking patterns to guest preferences, an online booking system captures a wealth of information that can be used for targeted marketing campaigns, personalised services, and operational improvements.

Hotels 98

Hotels Revenue Occupancy Services 98

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. If you were to invest that 15 minutes (or $47.82) into marketing or technology that earned a new booking, you’d nearly quadruple your money.

Management 98

Management Hotels Revenue Digital Marketing 98

SiteMinder

NOVEMBER 20, 2023

From channel management and marketing to bookings and hotel commerce , SiteMinder aims to be the one-stop-shop for hoteliers. SiteMinder does all this and more, integrating marketing strategies, guest experience enhancements, and efficient payment systems into its revenue-boosting tools.

OTA 59

OTA Revenue Management Overbooking 59

Cloudbeds

JULY 15, 2023

And even then, manually-managed distribution is risky: any delays in updating rates and availability on a channel’s extranet could mean selling a room that isn’t available or selling at a lower rate, which can lead to overbooking and sub-optimal yield management. In the case of one-way sync, reservations or cancellations will not be imported.

Management 76

Management OTA Cancellation Overbooking 76

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. They will also leverage these technologies to reach their target audiences and upsell/cross-sell other products/amenities. to offer them personalised experiences.

Hotels 52

Hotels Revenue Revenue Management Occupancy 52

Catala Consulting

JULY 30, 2023

The science of resort revenue management transforms various factors, such as booking patterns, guest behaviour, market trends, and competitor analysis, into tangible insights that drive financial performance. By grasping the market dynamics and customer preferences, they can make informed decisions and seize lucrative opportunities.

Revenue Management 52

Revenue Management Revenue Resorts Management 52

Cloudbeds

FEBRUARY 28, 2024

When travelers book on your website, you can upsell them to premium rooms and cross-sell onsite services and add-ons like breakfast, dining, spa, and recreation. This will help you increase occupancy, maintain rate parity, and prevent pricing errors, overbookings, and lost sales. Many third-party sites don’t offer this flexibility.

Revenue Management 98

Revenue Management Hotels Revenue Operations 98

Hotelogix

MAY 16, 2024

Sell more rooms: With increased online visibility, you can drive more bookings while eliminating overbookings and guest dissatisfaction.  A booking engine integrated with your PMS and channel manager simplifies the booking process for guests and collects valuable guest data for personalized marketing.

Operations 52

Operations OTA Hotels Revenue 52

StayNTouch

NOVEMBER 16, 2022

This article will examine how hotels can leverage distribution technology and strategies to drive bookings, access new markets, and increase profitability. A particular brand’s optimal distribution strategy will depend on its size, regional market, customer base, and various commission and acquisition costs.

OTA 52

OTA Hotels Revenue Overbooking 52

Hotelogix

SEPTEMBER 22, 2024

Using a resort management system, you can create staff schedules, track tasks, and ensure your resort is always well-staffed, even during peak times​ Marketing and Brand Management Building a solid online presence is essential for attracting more guests. Schedule a Call with Hotelogix

Resorts 52

Resorts Management Operations Revenue 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

Hotelogix

OCTOBER 18, 2024

Staying Competitive: In a crowded market, hotels that operate effectively can attract more guests. Reservation Management: Effectively managing reservations ensures that the hotel maintains high occupancy levels while minimizing overbooking issues. Cost Management: Efficient operations help hotels control their expenses.

Operations 52

Operations Management Hotels Services 52

Xotels

APRIL 3, 2024

This is done by thoroughly understanding your property, its customers, and the market. Understand your Hotels 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 40

Revenue Management Revenue Management Ancillary Revenue 40

Hotelogix

OCTOBER 19, 2023

It improves a hotel's online visibility and sales while eliminating overbooking.    Customer Relationship Management (CRM): It plays a critical role in streamlining marketing activities at a hotel. It also helps in upselling and cross-selling for more revenue. 

Hotels 52

Hotels Revenue OTA Management 52

eZee Absolute

SEPTEMBER 26, 2024

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. It’s like detective work, but with spreadsheets. So, where do you start?

Cancellation 52

Cancellation Hotels Revenue OTA 52

SiteMinder

OCTOBER 11, 2022

Develop a better rapport with your target market segment. Hotel management software not only benefits returning guests but the technology will allow you to reach out to new markets that would not have discovered your brand. This will boost marketing efforts, allow you to share promotions, and encourage guest feedback.

Hotels 52

Hotels Management Revenue Management Revenue 52