SiteMinder

AUGUST 24, 2022

Nutthaphon Puangkaew , Revenue Manager , spoke about the importance of the customer’s online booking experience. “In In this era, both Thai and foreign customers go online to search for properties to compare prices, look at designs, and find available rooms for specific dates and times.

Online Sales 52

Online Sales OTA Revenue Management Revenue 52

Hotelogix

DECEMBER 25, 2023

Here are a few ways a Cloud Hotel PMS System helps generate more hotel revenue.    More online room sales A cloud-based PMS can easily integrate with other third-party hospitality solutions like a hotel channel manager. Ultimately, all these result in more sales and revenue. 

Revenue 59

Revenue Sales Shopping Hotels 59

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

Hotelogix

FEBRUARY 13, 2024

Without the orchestration of advanced technology, many things can go wrong at every level across departments, leading to operational inefficiencies, fewer sales, unhappy guests, and diminished revenues.   Rate/revenue management A large hotel with 200+ rooms will have multiple room types.

Management 59

Management Hotels Revenue Management Revenue 59

Hotelogix

NOVEMBER 30, 2023

OTAs are online platforms or websites that sell hotel rooms to customers. An excellent marketing strategy incorporates OTAs to boost sales and revenue. For guests, they are like the ultimate platform to look at multiple options, compare rates, read reviews, see hotels’ online scores, etc.,

OTA 59

OTA Hotels Online Sales Marketing 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

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. Calculating RevPAS involves dividing the total parking revenue by the total number of available parking spaces during a specific period.

Revenue 59

Revenue Hotels KPI Revenue Management 59

Cloudbeds

APRIL 1, 2025

In the battle for direct bookings, hotels face intense competition from OTAs marketing power in the online space. billion on sales and marketing. increase online sales or generate leadsand PMax will run the campaign across Googles entire network, including Search, YouTube, Display, Discover, Gmail, and Maps.

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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 Cancellation 59

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

SiteMinder

NOVEMBER 15, 2022

Use this information to gauge how many extra bookings you can accept and close sales in time. 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.

Overbooking 52

Overbooking Cancellation Occupancy Closing 52