STAAH

MARCH 17, 2024

The Indian hotel no longer struggles with the aftermath of manual inventory and rate management, including overbookings and loss of staff efficiency. This activity was time-consuming for the team and opened the door to issues such as unintentional overbooking or lost revenue due to delayed rate updates.

Overbooking 99

Overbooking OTA Revenue Upsell 99

SiteMinder

NOVEMBER 17, 2023

We recently chatted with Jon Murphy, Consultant Revenue Director supporting the Kaleidoscope Collection, about how the brand benefits from working with an industry-leading hotel commerce platform. It’s way easier to try additional channels now because SiteMinder connects to so many OTAs”, he said.

Revenue 98

Revenue OTA Overbooking Online Sales 98

STAAH

DECEMBER 6, 2023

Drip Feed feature allows you to strategically control inventory across OTAs to maximise revenue and booking conversions. The primary advantage of Drip Feed is you do not sell an overwhelming majority of rooms at a single price point or to a single OTA. Sending zero inventory to channels when fully booked avoids overbooking.

OTA 99

OTA Overbooking Cancellation Closing 99

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Hotelogix

OCTOBER 4, 2024

For small and mid-size hotels, having the right OTA ( Online Travel Agencies ) channel manager is critical. This tool not only simplifies operations but also helps maximize revenue and improve the guest experience. This tool not only simplifies operations but also helps maximize revenue and improve the guest experience.

OTA 52

OTA Management Overbooking Revenue 52

STAAH

JANUARY 22, 2024

Connectivity challenges Prior to STAAH managing connections with multiple OTAs, ensuring correct inventory allotment and rates was challenging. In addition to this keying in bookings from OTAs into the PMS was cumbersome and prone to errors. STAAH’s benefits don’t stop at its industry-leading connectivity capabilities.

Resorts 99

Resorts OTA Overbooking Revenue 99

STAAH

OCTOBER 15, 2024

Channel Manager Managing multiple distribution channels, from Online Travel Agents (OTAs) to direct bookings, can be complex without the right tools. A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies.

Operations 93

Operations OTA Overbooking Revenue 93

Hotelogix

OCTOBER 24, 2024

and suggests you the right room rate so that you can get more out of your room revenue. Channel Manager A channel manager is a software that helps you distribute/update your hotel’s rooms and rates on all the connected Online Travel Agencies (OTA). For example, you sell your rooms on 5 OTAs.

OTA 52

OTA Management Overbooking Cancellation 52

STAAH

SEPTEMBER 1, 2024

Improved online channel management capability and direct booking capability on the website streamlines distribution and increases revenue. Coordinating availability across multiple channels was a cumbersome task, often leading to overbooking or missed opportunities. It was known to be a performance driver for properties of any size.

Overbooking 97

Overbooking Revenue Management Hotels 97

STAAH

OCTOBER 18, 2022

From before they arrive and visit third-party sites or OTAs to look for accommodation or online reviews to your website, email communications and the actual stay – everything contributes towards guest experience. Incentivise them to book directly by providing value-added offers that make a booking via your website more attractive than OTAs.

Revenue 94

Revenue Upsell OTA Overbooking 94

Hotelogix

NOVEMBER 30, 2023

Online Travel Agents for hotels or OTAs serve as important distribution channels for hotels. OTAs are online platforms or websites that sell hotel rooms to customers. An excellent marketing strategy incorporates OTAs to boost sales and revenue. These statistics show why OTAs are essential for hotels.

OTA 59

OTA Hotels Online Sales Marketing 59

STAAH

OCTOBER 13, 2024

The need to solve a juggling act Featuring multiple room types and being connected to a number of OTAs as well as their own booking engine meant that staff at River Beach Resort & Residences spent a considerable time updating availability and rates across every channel. The result is directly evident on the bottom line.

Resorts 108

Resorts Operations Shopping Overbooking 108

STAAH

JUNE 11, 2023

Prior to joining the STAAH network, the hotel staff spent endless hours updating availability and rates on OTAs. The manual nature of updates limited the OTA partners they could work with as the risk of overbooking and other errors was very high, especially as they frequently have connectivity issues.

Overbooking 96

Overbooking OTA Revenue Hotels 96

SiteMinder

JUNE 29, 2023

What is an OTA channel manager? An OTA channel manager is a tool used to manage online travel agents (OTAs) in a single platform. It is commonly used by hotel sales and revenue managers to update rooms and rates in real-time. Table of contents Why use a channel manager for OTAs? The setup didn’t take long at all.”

OTA 52

OTA Management Revenue Occupancy 52

SiteMinder

DECEMBER 12, 2023

“As the largest hotel in Dalat with many room types, Terracotta Resort was in a situation where inventory management on more than 10 OTA channels became increasingly difficult,” said Mr. Triết, “The inability to update rooms and rates immediately is a potential obstacle to revenue flow and a constant obstacle for employees.

Resorts 105

Resorts OTA Overbooking Hotels 105

STAAH

NOVEMBER 8, 2022

Like many other areas in travel and hospitality, revenue management has dramatically changed in the last two years. We spoke to leading revenue managers on what they think lies ahead. Don’t rule out presence on OTAs,” suggests Jaydeep, “but make sure you keep up your profiles on other online media.”. Additional revenue streams.

Revenue Management 84

Revenue Management Revenue Management Forecasting 84

Hotelogix

NOVEMBER 7, 2024

The right sales tactics can help increase revenue, boost occupancy rates , and ensure guests have a positive experience. Maximize Direct Bookings to Reduce Dependence on OTAs When guests book through Online Travel Agents (OTAs) like Booking.com or Expedia, hotels often have to pay hefty commission fees, sometimes up to 20%.

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

SiteMinder

MAY 21, 2023

This has minimised revenue loss from vacant rooms while maximising our occupancy rates.” With a two-way connection between the hotel and online travel agents (OTAs), the PMS automatically updates reservations made through any online booking channel. Previously, the resort handled all tasks manually, which was time-consuming.

Resorts 98

Resorts Overbooking Yield Management OTA 98

STAAH

MAY 5, 2024

The powerful, but easy-to-use, features of STAAH have resulted in significant increase in online reach and revenue for the northeast Indian hotel. Coordinating availability across multiple channels was a cumbersome task, often leading to overbookings or missed opportunities.

Management 100

Management Overbooking Revenue Hotels 100

Inn Quest

SEPTEMBER 5, 2023

Hotel inventory management is the process of efficiently overseeing and optimizing a hotel’s available resources including rooms, services and facilities, to maximize revenue and guest satisfaction. Food and Beverage: Restaurants, bars and room service are vital revenue streams.

Management 87

Management Overbooking Revenue Hotels 87

STAAH

MARCH 31, 2024

The results are evident in boosted revenue and staff efficiency. Delayed and failed updates to rates and availability was a common occurrence resulting in overbookings. Access to insights has encouraged revenue managers in the group to experiment with confidence, further fuelling the group’s revenue growth.

Resorts 102

Resorts Overbooking Hotels Revenue 102

STAAH

JULY 7, 2024

Unnecessary time spent on manual work, slow data entry and error-prone admin tasks is not only annoying, but detrimental to revenue performance. This has not just saved countless hours but has also reduced the risk of errors and overbookings , providing a seamless booking experience for guests. All good decisions are centred on data.

Revenue 106

Revenue Overbooking Hotels Marketing Strategy 106

STAAH

JUNE 18, 2024

It’s about enhancing the guest experience and boosting your revenue. The more intuitive and easier your booking process is, the easier it will be for hotels to compete with online travel agents (OTAs) for direct bookings. Ability to offer guests offers, demand-led rates ( dynamic pricing ) and comparing rates with OTAs.

Cancellation 96

Cancellation OTA Overbooking Accommodation 96

Little Hotelier

APRIL 10, 2024

Automation brings freedom and peace of mind Even with just four glamping pods, having software in place to manage day-to-day tasks is crucial for time management and revenue optimisation. This ensures that availability displayed on both the official website and OTA remains accurate.

Revenue 52

Revenue Management Small Business OTA 52

Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. Hotels have worked with third parties such as airlines, travel agents, online travel agents (OTAs) and the Global Distribution System (GDS) for decades.

OTA 75

OTA Hotels Revenue Revenue Management 75

Cloudbeds

APRIL 8, 2024

Many hoteliers question if it’s worthwhile investing in a direct booking strategy or if they can solely rely on online travel agencies (OTAs) like Airbnb, Booking.com, or Trip.com to fill occupancy. Integrating with these engines and offering real-time pricing and availability ensures that guests book directly instead of with an OTA.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

STAAH

SEPTEMBER 9, 2024

With its previous technology partner, Sutton Hall was lagging behind in providing this seamless online experience to its guests, potentially affecting guest satisfaction and losing revenue. On the channel management front, overbookings and incorrect pricing were adding to the poor online experience for Sutton Hall.

Revenue 82

Revenue Overbooking OTA Revenue Management 82

SiteMinder

SEPTEMBER 6, 2023

While they can be a wild card in the hotel management game, they offer a unique opportunity to maximise occupancy and revenue. Boosted revenue : Late bookings often come with higher price tags, capitalising on the urgency of the guest’s needs. An occupied room, even at a discounted rate, is better than an empty one.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

Horizon Hospitality

JULY 10, 2024

Dynamic pricing, or yield management, involves adjusting room rates in real-time based on supply and demand, with the ultimate goal being to increase the Revenue Per Available Room ( RevPAR ). Channel Management Software will help manage room inventory across multiple online travel agencies (OTAs) and booking platforms.

Occupancy 52

Occupancy Revenue Yield Management Forecasting 52

SiteMinder

MAY 2, 2023

We used to manually manage our profiles and rates across different OTAs and our website. At the same time, availability is adjusted across all channels, which reduces the risk of overbookings. “We Dynamic online distribution and more revenue The channel manger feature has also helped Town Hotel to improve its online reach.

Overbooking 97

Overbooking Online Sales Hotels OTA 97

Catala Consulting

JULY 30, 2023

In the fiercely competitive hospitality industry, the essence of successful resort revenue management lies in data-driven decision-making. This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. Why is Revenue Management Imperative for Resorts?

Revenue Management 52

Revenue Management Revenue Resorts Management 52

SiteMinder

SEPTEMBER 4, 2023

After 12 years in operation, we recently spoke to Corporate Director for Revenue & Digital Distribution Pawarisa Hirantanes about the group’s journey and its satisfaction with SiteMinder as a technology partner. Further to that, it opens up opportunities to unlock more revenue for the business.

Operations 98

Operations Revenue Hotels OTA 98

Hotelogix

NOVEMBER 28, 2024

It can directly impact revenue, guest satisfaction, and your ability to scale. A channel manager connects your property management system to booking platforms such as OTAs, GDS (Global Distribution Systems), and direct booking engines. Delays can lead to double bookings or lost revenue.

Business 52

Business Management OTA Global Distribution System 52

SiteMinder

OCTOBER 10, 2023

Agoda, being one of the leading online travel agencies (OTAs), provides a vast and valuable audience. A channel manager not only streamlines the process of updating your listings but also unlocks the potential for increased revenue through higher online exposure and insightful analytics to understand booking trends.

Management 59

Management Overbooking OTA Hotels 59

SiteMinder

MAY 17, 2023

A new chapter with SiteMinder’s channel manager Prior to using SiteMinder, the hotel had difficulty managing availability, inventory, task management and OTAs. We no longer have to individually contact each OTA to make adjustments. Previously, we had to cautiously decide where to sell our last two rooms to avoid overbookings.

Revenue 52

Revenue Overbooking Operations Online Sales 52

SiteMinder

JUNE 12, 2024

Yield management is a pricing and revenue management strategy that is used to maximise business performance. It involves adjusting prices based on predicted demand and other external factors to maximise revenue or yield. Over time, these roles matured and transformed, giving birth to the modern-day revenue or reservations managers.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

SiteMinder

JANUARY 21, 2024

The ultimate challenge for us was to maximise our occupancy rate each month and reduce our overbookings as much as possible.” “Moreover, managing OTA inventory and data insights with quality and completeness to further develop the analysis of our target customers was important but also difficult.”

Resorts 52

Resorts Overbooking OTA Occupancy 52