Hotelogix

AUGUST 27, 2024

Online travel distribution is growing fast—faster than the overall travel market. Today’s digital travelers have many booking options. This means using a mix of online and offline channels, like Online Travel Agents (OTAs), meta-search engines, direct bookings, reviews, Global Distribution Systems (GDS), and more.

Global Distribution System 52

Global Distribution System OTA Revenue Hotels 52

SiteMinder

MAY 21, 2023

The remarkable service and awe-inspiring ocean views leave a lasting impression on both local and global travellers, making it a coveted destination on their must-visit lists. This has minimised revenue loss from vacant rooms while maximising our occupancy rates.”

Resorts 98

Resorts Overbooking Yield Management OTA 98

SiteMinder

AUGUST 1, 2024

Trip.com is a global online travel agency that connects millions of travellers with hotels worldwide. Market focus : Ctrip focuses on Chinese travellers, whereas eBooking caters to a global audience. We were able to increase RevPAR by more than 30% by executing yield management on the platform swiftly and accurately.”

Revenue 52

Revenue Yield Management Overbooking Management 52

Experience Hotel

MAY 30, 2024

Si vous êtes constamment rempli en semaine, mais que vous avez du mal à attirer des clients le week-end, vos objectifs devront se concentrer sur la manière d’équilibrer votre taux d’occupation. Son hôtel affichait complet en semaine mais voyait son taux d’occupation chuter le reste du temps. Sa stratégie ?

KPI 52

KPI Yield Management Occupancy OTA 52

SiteMinder

MAY 14, 2023

To improve a property’s RevPAR, both the average room rate (ADR) and occupancy rate must also increase. The management team saw this as a challenge. Ms Atchara stated that during the pandemic, “we were able to increase RevPAR by more than 30% by executing yield management on the platform swiftly and accurately.”

Sales 97

Sales Revenue Yield Management Occupancy 97

Cloudbeds

FEBRUARY 28, 2024

When travelers make a hotel reservation, they expect a seamless experience , or they may decide to stay elsewhere. For hotels, meeting this expectation means moving away from manual processes and investing in booking software that allows travelers to book a room when they want on the channel of their choice. Generate more revenue.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

SiteMinder

OCTOBER 9, 2022

The art is to maximise revenue with rate premiums when there is an abundance of demand and also set competitive and sustainable rates in the low season when market demand is more fiercely contested: in short, yield management. Revenue managers continuously solve an ever-changing puzzle, where occupancy and ADR are two key pieces.

Revenue Management 59

Revenue Management Revenue Management Occupancy 59

Xotels

APRIL 3, 2024

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Article Summary: What is the Definition of Revenue Management? Why is Revenue Management Important to Hotels & Other Industries?

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Xotels

APRIL 3, 2024

Guest & Market Segmentation Hotel market segmentation is an important component of effective revenue management, allowing hotels to target diverse consumer groups based on their behaviours and budget levels. Focus on what leisure travellers want to add value to their stay.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

SiteMinder

OCTOBER 10, 2023

Learn more Key factors to consider when implementing the cost-based pricing method Implementing cost-based pricing requires a thorough understanding of various factors that could impact the effectiveness of this pricing strategy, as well as a mastery of yield management.

Target Marketing 59

Target Marketing Revenue Yield Management Marketing 59

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. After all, travelers can’t book a property they don’t find! With a good channel manager, you can save time, get more bookings, and distribute room inventory easily.

Management 76

Management OTA Cancellation Overbooking 76

Xotels

AUGUST 9, 2021

Google in Travel: Some History. All these features opened the way, in 2019, for what may be described, without exaggerating, as “Google’s OTA on steroids:” Google Travel (google.com/travel). However, this says a lot about the will to innovate that Google is showing in travel. But how did we get here?

Market Share 52

Market Share Hotels OTA Cancellation 52

SiteMinder

NOVEMBER 24, 2023

General response to SiteMinder reviews on Capterra Currently, SiteMinder connects with 450+ global distribution channels, including top online travel agents (OTAs) such as Booking.com, Expedia, Airbnb, etc., Executing yield management on the platform swiftly and accurately, they experienced a 50% increase in overall bookings.

Revenue 52

Revenue Revenue Management Management General Manager 52