STAAH

MAY 29, 2024

Channel Manager Update Generate Group Revenue Report Channels Update New & Old OTA Integrations Channel Manager Update Group Revenue Report What’s new? It excludes website and central reservation system channels, focusing solely on OTA performance. Consolidated view of OTA performance metrics across properties.

OTA 98

OTA Revenue Revenue Management Occupancy 98

Little Hotelier

MARCH 23, 2023

What is occupancy rate? Occupancy rate determines how full your hotel is at any given time. Your property’s occupancy rate is one of the most important indicators of success. What is the formula for occupancy rate? For example, if you have 20 rooms, but only 10 are occupied, your occupancy rate will be 50%.

Occupancy 52

Occupancy Average Daily Rate Revenue Management Revenue 52

Hotelogix

NOVEMBER 30, 2023

Online Travel Agents for hotels or OTAs serve as important distribution channels for hotels. OTAs are online platforms or websites that sell hotel rooms to customers. An excellent marketing strategy incorporates OTAs to boost sales and revenue. These statistics show why OTAs are essential for hotels.

OTA 59

OTA Hotels Online Sales Marketing 59

SiteMinder

JUNE 29, 2023

What is an OTA channel manager? An OTA channel manager is a tool used to manage online travel agents (OTAs) in a single platform. The OTA channel manager syncs your hotel prices and availability across your property management system (PMS) and all connected OTA channels such as Booking.com, Expedia, and Airbnb.

OTA 52

OTA Management Revenue Occupancy 52

Hotelogix

OCTOBER 4, 2024

For small and mid-size hotels, having the right OTA ( Online Travel Agencies ) channel manager is critical. Choosing the right OTA channel manager can streamline your hotel’s online distribution strategy, prevent overbookings, and boost overall profitability. What is a Channel Manager? 

OTA 52

OTA Management Overbooking Revenue 52

Hotelogix

NOVEMBER 19, 2023

As a hotelier, boosting the occupancy rate is critical to running a successful business. In a highly competitive industry, you must attract and retain guests to increase your property's occupancy rate and revenue. This article will explore various ways to improve hotel occupancy rates and the role of technology in it. 

Occupancy 59

Occupancy Maximum Length of Stay Minimum Length of Stay Revenue Management 59

Boutique Hotel News

MARCH 6, 2023

Worldwide: Cloud-based business intelligence company OTA Insight has launched Rate Insight+, a commercial tool which combines hotel and short-term rental data into one platform. Rate Insight provides real-time rate information on competitors’ pricing strategy, featuring insights on rates, ranking, reputation, and occupancy.

OTA 52

OTA Occupancy Accommodation Hotels 52

Hotelogix

OCTOBER 24, 2024

It analyses several factors including demand, season, occupancy forecast, and competitor pricing, etc. 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). For example, you sell your rooms on 5 OTAs.

OTA 52

OTA Management Overbooking Cancellation 52

Experience Hotel

JULY 12, 2023

Ce n’est pas un secret, les hôtels rémunèrent les OTAs (agences de voyage en ligne) sous forme de commissions à la vente pour accroître leur visibilité. Les commissions versées aux OTAs L’un des principaux bénéfices offerts par les OTAs réside dans la visibilité qu’elles offrent aux hôtels.

OTA 52

OTA Occupancy Services 52

Horizon Hospitality

JULY 10, 2024

In the competitive world of hospitality, one of the most critical challenges of hotel professionals is balancing room rates with occupancy levels. Channel Management Software will help manage room inventory across multiple online travel agencies (OTAs) and booking platforms. Use predictive analytics to forecast future demand.

Occupancy 52

Occupancy Revenue Yield Management Forecasting 52

STAAH

FEBRUARY 1, 2023

Whilst OTAs and travel agents play their role in increasing awareness and occupancy, direct bookings are prized for possessing the lowermost costs when it comes to acquiring guests. Download this free e-Book to drive more revenue Are you looking for ways to optimise your property’s revenue?

OTA 90

OTA Marketing Strategy Revenue Occupancy 90

Xotels

MAY 30, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? Occupancy or ADR? So what is it, Occupancy or Average Room Rate (ARR)? In a formula it is expressed as follows: Occupancy x ADR = RevPAR In the end, it is not about occupancy or ADR, average daily rate, but about how much money is made by the hotel.

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

STAAH

MAY 21, 2024

50% Occupancy with One Group Booking Scenario: A 50-room hotel has sold 25 rooms to one group, reaching 50% occupancy. Decision: Should we increase or hold the retail pricing on online travel agents (OTAs) and the brand website? Increase LOS: Encourage longer stays to boost occupancy on typically lower-demand days.

Occupancy 104

Occupancy Retail Yield Management Forecasting 104

Hotel Speak

JUNE 4, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? So what is it, Occupancy or Average Room Rate (ARR)? In a formula it is expressed as follows: Occupancy x ADR = RevPAR In the end, it is not about occupancy or ADR, average daily rate, but about how much money is made by the hotel. Which is it?

Revenue Management 47

Revenue Management Occupancy Revenue Average Daily Rate 47

Cloudbeds

AUGUST 21, 2023

While for some hoteliers it’s best to avoid overbookings altogether, for others, a good strategy can increase revenue, improve the occupancy rate and mitigate losses. Additionally, you may distribute your hotel rooms across multiple third-party channels such as OTAs , GDS providers , or meta-search providers. See it in action 4.

Overbooking 98

Overbooking Cancellation Occupancy OTA 98

Cloudbeds

MARCH 15, 2023

Direct bookings are reservations guests confirm directly with a property without using an online travel agency (OTA) or 3rd party intermediary. Direct bookings are beneficial because they connect lodging businesses directly with potential customers and increase hotel revenue through money saved from OTA commissions.

OTA 98

OTA Revenue Travel Hotels 98

STAAH

JANUARY 2, 2024

Find out more on STAAH Channel Manager here Online Travel Agents (OTAs): Your online distribution strategy cannot ignore this channel. Working with multiple online travel agents (OTAs) is crucial for increasing digital distribution and overall occupancy. allowing hotels to make informed decisions on pricing and promotions.

Global Distribution System 92

Global Distribution System OTA Hotels Accommodation 92

Little Hotelier

OCTOBER 17, 2023

This worry emerged because before using Little Hotelier, he had to submit all credentials for the online travel agent (OTA) to staff from a third party. “Right now the average occupancy has reached 70%, and thankfully, so far we have never encountered any issues related to allotment updates,” he said.

Occupancy 52

Occupancy Management Hotels OTA 52

Cloudbeds

OCTOBER 17, 2024

A basic strategy might involve listing your property on a few key online travel agencies (OTAs) like Airbnb and Booking.com and leaving it at that. By strategically analyzing revenue booked, occupancy rates, acquisition costs, and guest segments, hotels can build an advanced distribution strategy that delivers real value.

OTA 76

OTA Occupancy Hotels Revenue 76

Little Hotelier

JUNE 26, 2024

. “If we want to connect with all of our preferred OTAs (online travel agents) and the process isn’t assisted by an adequate system, it’s very difficult,” Indah said. “Little Hotelier’s channel manager feature is extremely useful for managing inventory for all OTAs at the same time.”

Occupancy 40

Occupancy OTA Operations Management 40

Cloudbeds

NOVEMBER 15, 2024

This scalability is especially valuable for hotels – as more information is collected about guest behavior, booking trends , and occupancy patterns the more precise rate adjustments, inventory management, and marketing strategies will be in the future. Why it’s important for hotels? Why it’s important for hotels?

Upsell 99

Upsell Occupancy Revenue Management Revenue 99

STAAH

MAY 30, 2023

8) Online Travel Agents (OTAs): Working with multiple online travel agents (OTAs) is crucial for increasing digital distribution and overall occupancy. Choosing OTA partners based on high reach, booking volume, and low commissions is key to a successful OTA strategy.

OTA 94

OTA Hotels Revenue Travel 94

SiteMinder

APRIL 11, 2023

This is how Hotel Oderberger Berlin managed to increase its average occupancy. This is why you can find us only on a handful of OTAs.” At the same time Tini values the flexibility SiteMinder offers in working with OTAs: “It’s just great how easy it is to connect to new channels via the channel manager feature.

OTA 105

OTA Hotels Management Revenue Management 105

Hotelogix

NOVEMBER 7, 2024

The right sales tactics can help increase revenue, boost occupancy rates , and ensure guests have a positive experience. 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%.

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

Hotel Speak

AUGUST 13, 2024

Therefore, ensuring it’s easy for guests to book, whether direct or through third parties, is paramount to fulfilling a successful occupancy strategy and higher Average Daily Rate (ADR) goal. Research has found the more visible your hotel is online, the more likely someone is to book it – both directly or via an OTA.

Revenue 82

Revenue Sales OTA Average Daily Rate 82

STAAH

OCTOBER 15, 2024

Channel Manager Managing multiple distribution channels, from Online Travel Agents (OTAs) to direct bookings, can be complex without the right tools. Tip for Hoteliers: A good channel manager helps hoteliers maximize their visibility across multiple online travel agencies (OTAs) and direct booking platforms.

Operations 93

Operations OTA Overbooking Revenue 93

STAAH

MAY 16, 2023

Hotel managers and revenue managers use data analysis and revenue management tools to determine the optimal price for each room based on various factors such as occupancy rates, booking trends, and competitor rates. On the contrary in low season, in order to ensure revenue, you can charge lower prices in order to increase occupancy.

Revenue Management 96

Revenue Management Occupancy Upsell Revenue 96

SiteMinder

JULY 13, 2024

That said, one has to ask: why are so many hotels’ margins still being eroded away by OTAs ? The growth of metasearch OTAs often outperform individual hotels in metasearch positioning and cost-per-click (CPC) performance. Some OTAs still use cached pricing.

Revenue Management 98

Revenue Management Revenue Management OTA 98

Hotelogix

SEPTEMBER 19, 2024

As the hospitality landscape evolves, knowing how to navigate these channels can significantly impact your occupancy rates and overall profitability. Online Booking: Customer support varies by platform; while some OTAs offer 24/7 assistance, others may not provide immediate help. Travel Agency vs Online Booking: Which is Better?

Travel 52

Travel OTA Target Marketing Occupancy 52

SiteMinder

MAY 16, 2023

High occupancy rate during the shoulder season and low season The shoulder season is typically the period between the high and low seasons, and it can be difficult to attract guests during this time. A midstay booking from Homelike typically has a Length of Stay of about 3 months, significantly increasing your overall occupancy rate.

Average Length of Stay 105

Average Length of Stay Occupancy Average Daily Rate Revenue 105

Hotel Speak

OCTOBER 5, 2023

Moreover, without the right solution, they couldn’t ensure real-time online distribution and couldn’t generate more sales via OTAs and their website. This has resulted in about a 2X increase in occupancy and revenue in 2023 vs. 2022.” “We are happy to see Rosastays witnessing transformative results with us.

Revenue 97

Revenue OTA Sales Operations 97

Hotelogix

NOVEMBER 28, 2024

A channel manager connects your property management system to booking platforms such as OTAs, GDS (Global Distribution Systems), and direct booking engines. Compatibility with Major PlatformsA good channel manager integrates with OTAs like Booking.com, Expedia, and Airbnb. What Is a Channel Manager and Why Does It Matter?

Business 52

Business Management OTA Global Distribution System 52

Mews

MAY 30, 2023

From optimizing your website to leveraging social media and working with online travel agencies (OTAs), we'll cover a range of tactics that drive more traffic to your property and boost occupancy rates. For hostel owners, hostel marketing is a way to ensure their property stands out from the crowd.

Market 52

Market Marketing OTA Occupancy 52

STAAH

JULY 14, 2024

From setting up new online travel agents (OTA) channels to efficient management of reservations across their technology platform following an integration between STAAH and e-Soft (their PMS ), the team at The Corner Club knew they had made the right choice. The latter ensures the rates are linked to occupancy rates.

Revenue 93

Revenue OTA Occupancy Operations 93

Little Hotelier

JULY 10, 2023

It can help you maximise your revenue and control your occupancy, but it’s a delicate balance that relies on managing supply and demand. If demand is already low, and you have restrictions in place, guests may choose to book somewhere else entirely, leaving you with an even lower occupancy. Why do hotels use MLOS?

Minimum Length of Stay 75

Minimum Length of Stay Occupancy Average Length of Stay Revenue 75

SiteMinder

SEPTEMBER 6, 2023

Booking promotions serve multiple strategic purposes: Increasing occupancy rates: Promotions can help fill rooms during low-demand periods and help a hotel “piggyback” on subjects that are already front of mind for their audience. Here are just five examples of hotel promotions you can run to increase occupancy and revenue when needed.

Hotels 105

Hotels Events Upsell Occupancy 105

Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. Hotels have worked with third parties such as airlines, travel agents, online travel agents (OTAs) and the Global Distribution System (GDS) for decades.

OTA 75

OTA Hotels Revenue Revenue Management 75