Hotelogix

FEBRUARY 13, 2024

Operating a large independent hotel with 200+ rooms, 4-5 in-house restaurants, a couple of gyms, spas, and gift shops is multifaceted, where precision, efficiency, and guest satisfaction are paramount. It will lead to revenue leakage.   Rate/revenue management A large hotel with 200+ rooms will have multiple room types.

Management 59

Management Hotels Revenue Management Revenue 59

Hotelogix

FEBRUARY 1, 2024

However, these quaint establishments often face towering challenges behind the scenes, particularly when managing and streamlining their daily operations. For small hotels operating on tight budgets, these expenses can be prohibitive. Frustration, operational hiccups, and even missed growth opportunities. The result?

Management 52

Management Operations Hotels Online Sales 52

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. Hotel Operations ). Revenue Management.

Hospitality 52

Hospitality Revenue Management Revenue Travel 52

Xotels

AUGUST 15, 2022

Get a clear overview of what drove revenues each day. Perform displacement calculations on all segments, channels, and accounts to uncover hidden revenue potential. Hotels in vacation markets for many have been influenced (indoctrinated) by tour operators on how to manage their property. Hold on, it gets even funnier.

Market 59

Market Marketing Hotels ROI 59

Little Hotelier

OCTOBER 21, 2024

An integrated booking and payment system will also include a payments solution within the same platform to create an even more efficient and effective way of driving bookings and revenue. Instead of having to wait for you to be at your desk, they can quickly check your availability, book, and confirm their stays online.

OTA 52

OTA Hotels Management Revenue 52

Inn Quest

MARCH 23, 2023

Other figures from Statista are as follows: Australia’s hotel segment specifically is forecasted to see revenues of US $6.75 of customers are male and 52.3% of customers are of high income status, while 34.4% have medium income and the remaining 24.3%, low income. of customers are ages 18-24; 27.8% are 25-34; 27% are 35-44; 17.5%

Forecasting 52

Forecasting Tourism Average Daily Rate Hotels 52

SiteMinder

MAY 17, 2023

Given that VALA Hua Hin – Nu Chapter Hotels has partnered with several travel agencies, staff members had to spend a lot of time inputting data and managing the online sales channels manually. This allows us to develop sales strategies that generate the highest revenue, all within a single platform.”

Revenue 52

Revenue Overbooking Operations Online Sales 52

SiteMinder

JANUARY 16, 2024

“We were searching for a channel manager who could assist us in our day-to-day operations and help create rate plans. Hoteliers can boost their occupancy and drive revenue effortlessly by showcasing their property across numerous channels without additional charges. We currently partner with 30 key channels through SiteMinder.

Revenue 52

Revenue Overbooking Online Sales Management 52

SiteMinder

JANUARY 16, 2024

“We were searching for a channel manager which could assist us in our day-to-day operations and help create rate plans. Hoteliers can boost their occupancy and drive revenue effortlessly by showcasing their property across numerous channels without additional charges. We currently partner with 30 key channels through SiteMinder.

Revenue 52

Revenue Overbooking Online Sales Management 52

Hotel Speak

OCTOBER 12, 2023

With Hotelogix’s robust platform, the management aims to expand its portfolio by quickly adding new properties while gaining efficient centralised control over group-wide operations. The group ran its operations on a solution with minimal functionalities. Pableo, Director of Revenue Management at Royale Paragon Hospitality Group.

Hospitality 77

Hospitality Revenue Management Online Sales Revenue 77

MediaBoom

JULY 13, 2023

According to travel resource Dream Big Travel Far, online sales will account for 73 percent of tourism and travel revenue by 2026. Network Through Industry Events Digital marketing is largely online, but the travel industry operates in the real world too.

Marketing Strategy 78

Marketing Strategy Market Marketing Travel 78

SiteMinder

MAY 21, 2023

Silavadee Pool Spa Resort Samui, a renowned 5-star establishment with over 14 years of operation, is nestled on the tranquil Lamai Beach in Surat Thani, Koh Samui. Recognising the need for technology, the team turned to SiteMinder’s channel manager as the solution to expand sales channels effortlessly.

Resorts 98

Resorts Overbooking Yield Management OTA 98

Hotel Speak

MAY 28, 2024

Online sales are expected to account for 76% of total revenue in the travel and tourism sector by 2028, by which time, revenue is set to reach £746.4bn ( Statista ). You should never lose a dollar of revenue because of your payment experience.” However, this doesn’t always work for very small-scale operators.

Travel 94

Travel Consumer Business Retail 94

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. 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.

Management 76

Management OTA Cancellation Overbooking 76