SiteMinder

JUNE 9, 2022

It’s also helped us improve performance across the board, for example with regards to revenue management.”. I have seen an increase in direct bookings, the revenue has increased, and it has reduced human error. In particular, the business underlines SiteMinder’s dynamic rates system as key to optimising online sales. .

Online Sales 52

Online Sales Hotels Revenue Management Revenue 52

SiteMinder

MAY 21, 2023

.” Increasing online bookings with a channel manager When discussing the challenges of market and selling rooms online in the past, Silavadee Pool Spa Resort had to manually manage room availability, rate adjustments, and limited online sales channels.

Resorts 98

Resorts Overbooking Yield Management OTA 98

Hotelogix

FEBRUARY 13, 2024

  Online distribution Managing online distribution across various channels (OTAs, direct bookings, GDS) without an integrated system is arduous in today's digital age.   Rate/revenue management A large hotel with 200+ rooms will have multiple room types.

Management 59

Management Hotels Revenue Management Revenue 59

Hotelogix

DECEMBER 25, 2023

  More online room sales A cloud-based PMS can easily integrate with other third-party hospitality solutions like a hotel channel manager. The integration allows real-time rates and inventory updates across multiple online sales channels, including OTAs and metasearch engines.

Revenue 59

Revenue Sales Shopping Hotels 59

eZee Absolute

NOVEMBER 1, 2022

Statista ) By 2023, the global travel and tourism revenue will return to a pre-pandemic amount of over 730 million with hotels being the main contributing segment to this increase. Costar ) Online sales in the hotel segment will generate 80% of total revenue by 2026. Revenue Management. and reach US$ 1.27

Hospitality 52

Hospitality Revenue Management Revenue Travel 52

Hotelogix

NOVEMBER 30, 2023

For guests, they are like the ultimate platform to look at multiple options, compare rates, read reviews, see hotels’ online scores, etc.,   Importance of OTAs for hotel booking As online sales channels, OTAs generate about 50% to 55% of hotel bookings. before making the reservation - everything in one place.

OTA 59

OTA Hotels Online Sales Marketing 59

Hotel Business

JUNE 27, 2023

Rethinking parking as a key revenue stream Just like rooms, food and beverages, and event spaces, parking should be considered a key revenue-generating component within a hotel’s ecosystem. A data-driven approach to parking management can yield significant benefits for your hotel, including improved efficiency and increased revenue.

Revenue 59

Revenue Hotels KPI Revenue Management 59

SiteMinder

DECEMBER 4, 2023

Online sales in the hotel segment will generate 80% of total revenue in 3 years. Turn statistics into hotel revenue Make statistics mean something by using SiteMinder’s platform to implement effective revenue management strategies Learn more Hotel industry report: What are the best sources of hotel industry data?

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

SiteMinder

NOVEMBER 15, 2022

Usually the reservation manager or revenue manager decides when to overbook the hotels. Channel manager: It allows you to push inventory updates and new reservations between all online sales channels and your PMS in real-time. Difficult situation for staff.

Overbooking 52

Overbooking Cancellation Occupancy Closing 52

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. In this guide for hospitality professionals, you’ll learn all about Channel Managers, from how they work to what makes great software for your business specifically.

Management 76

Management OTA Cancellation Overbooking 76