Little Hotelier

FEBRUARY 25, 2024

What is revenue management consulting? Revenue management consulting is specialised expertise that a business can bring in to gain guidance on managing and optimising revenue. An investment in hotel revenue management services is therefore one that can quickly deliver an attributable return.

Revenue Management 52

Revenue Management Revenue Services Management 52

SiteMinder

MAY 21, 2023

.” Increasing online bookings with a channel manager When discussing the challenges of market and selling rooms online in the past, Silavadee Pool Spa Resort had to manually manage room availability, rate adjustments, and limited online sales channels.

Resorts 98

Resorts Overbooking Yield Management OTA 98

Hotelogix

FEBRUARY 13, 2024

  Online distribution Managing online distribution across various channels (OTAs, direct bookings, GDS) without an integrated system is arduous in today's digital age.   Rate/revenue management A large hotel with 200+ rooms will have multiple room types.

Management 59

Management Hotels Revenue Management Revenue 59

Hotelogix

DECEMBER 25, 2023

  More online room sales A cloud-based PMS can easily integrate with other third-party hospitality solutions like a hotel channel manager. The integration allows real-time rates and inventory updates across multiple online sales channels, including OTAs and metasearch engines.

Revenue 59

Revenue Sales Shopping Hotels 59

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Hotel occupancy will increase 2.5% Online sales in the hotel segment will generate 80% of total revenue in 3 years. Average US occupancy rate is just under 65%.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

eZee Absolute

NOVEMBER 1, 2022

Statista ) Hotel room nights demand and room revenues in 2022 are expected to nearly return to 2019 levels. Room revenue is expected to reach $168 billion and occupancy is projected to be 63.4%. AHLA ) In 2022, the global travel and tourism revenue will reach over $600 million. Revenue Management.

Hospitality 52

Hospitality Revenue Management Revenue Travel 52

SiteMinder

NOVEMBER 15, 2022

Many hotels do this deliberately to offset last-minute cancellations or no-shows and avoid losing revenue and occupancy. Monitor occupancy levels and close reservation channels before you get too many overbookings. Use this information to gauge how many extra bookings you can accept and close sales in time.

Overbooking 52

Overbooking Cancellation Occupancy Closing 52