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What is a hotel overbooking strategy? +4 ways to avoid overbookings

Cloudbeds

Overbookings can be stressful for the front desk and the guest, but you can manage them with ease if you have a proper plan in place. 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.

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Mastering Overbooking in Hotels: Strategies, Benefits, and Best Practices

Hotelogix

The hospitality industry is well acquainted with the concept of hotel overbooking. When refusing customers becomes inevitable due to overbooking, it leads to poor customer experience and a negative brand image. Achieving full occupancy and maximizing revenue - With hotel overbooking, you have a full-proof plan to maximize your revenue.

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Hotel overbookings: What are the pros and cons and how can you make the most of an overbooking strategy?

SiteMinder

Hotel overbookings can be a divisive topic. However, you can minimise the risk of having to walk travellers if you have a solid overbooking strategy. However, you can minimise the risk of having to walk travellers if you have a solid overbooking strategy. What is the definition of overbooking for a hotel?

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Innovative Techniques for Hotels to Optimize Room Rates, Occupancy, and Revenue

Horizon Hospitality

In the competitive world of hospitality, one of the most critical challenges of hotel professionals is balancing room rates with occupancy levels. By ensuring rate parity and availability across channels, you can prevent overbooking and maximize exposure. Tailoring rates for different segments can optimize both occupancy and revenue.

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Long N Joy serviced apartment boosts short and long term bookings with Little Hotelier

Little Hotelier

Long N Joy is a serviced apartment in Koh Samui, located on the beach side of Chaweng Beach near Koh Samui Airport. Maneerat Wiriyarat , the owner of Long N Joy Samui Apartment Service , about the history of the business and the beginnings of using Little Hotelier technology to manage the property. “We We spoke to Ms.

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A Concise Guide to Hotel Inventory Management

Inn Quest

Hotel inventory management is the process of efficiently overseeing and optimizing a hotel’s available resources including rooms, services and facilities, to maximize revenue and guest satisfaction. Food and Beverage: Restaurants, bars and room service are vital revenue streams. Firstly, What is Hotel Inventory Management?

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Must-Have Software for Hotels: Improve Operations & Guest Experience

STAAH

A good PMS streamlines these processes, freeing up staff to focus on delivering exceptional service. A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies.