Hotelogix

NOVEMBER 30, 2023

OTAs are online platforms or websites that sell hotel rooms to customers. An excellent marketing strategy incorporates OTAs to boost sales and revenue. For guests, they are like the ultimate platform to look at multiple options, compare rates, read reviews, see hotels’ online scores, etc.,

OTA 59

OTA Hotels Online Sales Marketing 59

Little Hotelier

FEBRUARY 25, 2024

The company provides advice and solutions to accommodation providers who are looking to increase their income through pricing and sales efficiency gains. PJ’s boasts a dedicated department of online sales experts, and can take total control of a hotel’s sales arm if a business so chooses.

Revenue Management 52

Revenue Management Revenue Services Management 52

Xotels

AUGUST 15, 2022

Incorporate channel distribution costs like travel agent commission, agency fees and marketing investments, payroll for sales, marketing, and reservation, to determine the true net value of each segment. Have you identified new local or international sales channels your hotel needs to be on? Hold on, it gets even funnier.

Marketing 59

Marketing Market Hotels ROI 59

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

SiteMinder

JANUARY 16, 2024

The incorporation of SiteMinder’s channel manager significantly facilitated the increase in sales across international markets. Hoteliers can boost their occupancy and drive revenue effortlessly by showcasing their property across numerous channels without additional charges.

Revenue 52

Revenue Overbooking Online Sales Management 52

SiteMinder

JANUARY 16, 2024

The incorporation of SiteMinder’s channel manager significantly facilitated the increase in sales across international markets. Hoteliers can boost their occupancy and drive revenue effortlessly by showcasing their property across numerous channels without additional charges.

Revenue 52

Revenue Overbooking Online Sales Management 52

Hotel Business

JUNE 27, 2023

Much like RevPAR (revenue per available room) in hotel room sales, RevPAS ensures you are optimizing the revenue generated from each available parking space. This approach helps balance revenue generation with occupancy rates, ultimately driving profitability. Joshua Miller is SVP, revenue optimization at Towne Park.

Revenue 59

Revenue Hotels KPI Revenue Management 59

eZee Absolute

NOVEMBER 1, 2022

Room revenue is expected to reach $168 billion and occupancy is projected to be 63.4%. Costar ) Online sales in the hotel segment will generate 80% of total revenue by 2026. And this is really important for improving offerings, finding newer and better ways to attract customers, and boosting sales. billion in 2021. (

Hospitality 52

Hospitality Revenue Management Revenue Travel 52

Cloudbeds

JULY 15, 2023

Channel mapping: The software maps room types to each channel’s formatting requirements so that rooms display consistently across all online sales channels while also syncing seamlessly back into the PMS. This leads to higher occupancy, especially in times of low demand when it’s needed the most.

Management 76

Management OTA Cancellation Overbooking 76

Inn Quest

MARCH 23, 2023

Revenue is forecast to have an annual CAGR of 1.85% between now and 2027. 23% of bookings are currently made offline. 91% of total revenue will be generated through online sales by 2027, reaching a market volume of US$7.27 According to Tourism Australia, there were 2.2

Forecasting 52

Forecasting Tourism Hotels Average Daily Rate 52

Little Hotelier

OCTOBER 21, 2024

Using a pooled inventory model , the system automatically reduces availability when a room is booked on any one of your sales channels. Also, it should be a simple drag and drop process to amend booking dates, and you should only be a few clicks away from logging a point of sale booking. Everything is perfectly in sync!

OTA 52

OTA Hotels Management Revenue 52