STAAH

DECEMBER 10, 2023

Its presence across multiple online travel agents (OTAs) was critical for success. Prior to STAAH, The Smith House team had to manually manage room availability, rate adjustments, and limit online sales channels. In the hyper-competitive post-Covid world, this manual management was a no-go.

OTA 86

OTA Revenue Online Sales Services 86

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

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

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. 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

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

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. Revenue Management. Statista ).

Hospitality 52

Hospitality Revenue Management Revenue Travel 52

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Online sales in the hotel segment will generate 80% of total revenue in 3 years. Online travel agencies make up the top two revenue generating positions in 79% of major destinations.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 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

SiteMinder

NOVEMBER 15, 2022

Some hoteliers love using this strategy to boost their revenue and protect their property from losing out due to last-minute cancellations. Many hotels do this deliberately to offset last-minute cancellations or no-shows and avoid losing revenue and occupancy. To avoid losing revenue. Hotel overbookings can be a divisive topic.

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. What’s a closeout?

Management 76

Management OTA Cancellation Overbooking 76