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 84

Operations OTA Overbooking Revenue 84

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.

OTA 52

OTA Overbooking Revenue Management Revenue 52

STAAH

SEPTEMBER 1, 2024

The challenge Before implementing STAAH, the group property faced challenges in managing online bookings efficiently. Coordinating availability across multiple channels was a cumbersome task, often leading to overbooking or missed opportunities. Additionally, manual updates and discrepancies in pricing caused a bit confusion.

Overbooking 88

Overbooking Revenue Management Hotels 88

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 101

Resorts Operations Shopping Revenue 101

Little Hotelier

OCTOBER 30, 2024

For example, if your PMS is integrated with a channel manager , the interface will ensure that when a room is booked through an OTA, your PMS updates automatically. This will save you from the hassle of manual updates and reduce the risk of overbookings or missed payments. Streamlined operations.

OTA 52

OTA Motels Upsell Overbooking 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 78

OTA Hotels Revenue Revenue Management 78

Inn Quest

SEPTEMBER 5, 2023

Effective hotel inventory management relies on technology solutions like Property Management System s (PMS), Channel Managers, and Revenue Management Systems (RMS) to automate tasks, analyze data and make informed decisions. This prevents overbooking and rate disparities, enhancing the guest experience.

Management 87

Management Overbooking Revenue Hotels 87

Hotel Speak

AUGUST 13, 2024

A popular and cost-effective way to optimise this visibility is to leverage the Billboard Effect – where hotels can advertise for free on third-party websites, like Online Travel Agencies (OTAs) and metasearch platforms.

Revenue 86

Revenue Sales OTA Average Daily Rate 86

Hotelogix

NOVEMBER 7, 2024

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%. While OTAs help bring in new customers, relying too heavily on them can hurt your bottom line. front-page listing).

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

SiteMinder

MAY 21, 2023

With a two-way connection between the hotel and online travel agents (OTAs), the PMS automatically updates reservations made through any online booking channel. This eliminates manual updates, increases bookings and revenue, and eliminates concerns about overbooking or missing bookings.

Resorts 98

Resorts Overbooking Yield Management OTA 98

eZee Absolute

OCTOBER 24, 2024

AI-Powered Revenue Management Systems Artificial Intelligence (AI) has swiftly moved from being a futuristic concept to a tangible reality, revolutionizing industries across the globe—including hospitality. This centralization not only streamlines operations but also reduces the risk of overbookings and discrepancies.

Hotels 52

Hotels Revenue Management Overbooking Revenue 52

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 73

Revenue Overbooking OTA Revenue Management 73

SiteMinder

JUNE 12, 2024

What is Yield Management? 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. Revenue management is the focal point for hotels in today’s climate.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Hotelogix

AUGUST 27, 2024

This means using a mix of online and offline channels, like Online Travel Agents (OTAs), meta-search engines, direct bookings, reviews, Global Distribution Systems (GDS), and more. Using a mix of these channels helps hotels reach more customers, boost revenue, and manage room availability easily while competing in the market.  

Global Distribution System 52

Global Distribution System OTA Revenue Hotels 52

STAAH

MARCH 31, 2024

Delayed and failed updates to rates and availability was a common occurrence resulting in overbookings. For Sunshine Hotels & Resorts it was a matter of mapping rates and inventory for connected channels via STAAH and configuring new ones to leverage STAAH’s combination of local and global OTAs.

Resorts 93

Resorts Overbooking Hotels Revenue 93

Hotelogix

SEPTEMBER 12, 2024

Third-party integrations : A PMS should integrate with key systems, such as channel managers, revenue management systems, and online reputation management tools. Mobile accessibility : Ensure the PMS offers mobile access to manage operations on the go. POS integration is critical for boosting non-room revenue.

Management 52

Management Revenue Management Hotels Operations 52

Cloudbeds

FEBRUARY 28, 2024

The reservation system acts as the central hub of the reservation ecosystem, which may also include a website booking engine, channel manager, and revenue management system. When integrated, these modules work together to help hotels manage room availability, distribution, reservations, and revenue.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

Hotelogix

OCTOBER 24, 2024

These channels include Online Travel Agencies (OTAs) like Booking.com, direct bookings through the hotel’s website, and Global Distribution Systems (GDS).   Without it, hotel staff would have to update each room's availability manually which could lead to errors such as overbookings.

OTA 52

OTA Revenue Hotels Global Distribution System 52

STAAH

JULY 7, 2024

STAAH’s unified platform also allowed rates and inventory to be managed from a single dashboard for all properties. This has not just saved countless hours but has also reduced the risk of errors and overbookings , providing a seamless booking experience for guests.

Revenue 98

Revenue Overbooking Hotels Marketing Strategy 98

SiteMinder

MARCH 20, 2024

Learn more Revealing the transformation that SiteMinder inspired Understanding the challenges faced prior to implementing SiteMinder, Fon recalled the chaos of manual sales operations, especially when managing room allotments across multiple OTAs. “Without SiteMinder, managing room inventory manually was a cumbersome task.

Revenue 98

Revenue Branding Overbooking Operations 98

Horizon Hospitality

JULY 10, 2024

Of course, technology will play a critical role in streamlining every step in the process above, starting with your Revenue Management System (RMS), which employs advanced algorithms to forecast demand and recommend optimal pricing. Let Horizon Hospitality help you find your next Revenue Management professional by clicking here.

Occupancy 52

Occupancy Revenue Yield Management Forecasting 52

SiteMinder

JUNE 24, 2024

Boost your revenue via Booking.com with SiteMinder Combine Booking.com’s incredible reach with SiteMinder’s cutting-edge software to be seen - and booked - by a global audience. Learn more Booking.com fees for hosts and hotel owners Like many OTAs, Booking.com charges some fees to hosts and hotel owners, and some to guests.

Cancellation 52

Cancellation Overbooking Revenue OTA 52

STAAH

OCTOBER 3, 2023

It serves as a centralized control hub, enabling hoteliers to effortlessly manage and optimize their room inventory, rates, and availability across various online booking channels. There are many channel managers on the market. Channel Managers connect to hundreds of OTAs, allowing you to reach more people through one platform.

Accommodation 85

Accommodation Management Global Distribution System OTA 85

Fuel Travel

JULY 11, 2024

It cuts out middlemen, ensuring the best rates for guests and higher hotel revenue. It also prevents overbooking and keeps everything in sync, allowing guests to tailor their stay preferences and enhance their experience. This information is sourced directly from the hotel’s property management system.

Upsell 52

Upsell Overbooking Hotels OTA 52

SiteMinder

AUGUST 6, 2024

Rate parity and inventory management difficulties Andreas highlighted rate parity as a recurring challenge for the resort, which sells across a number of different and diverse booking channels. “Sometimes the problem is that there are some OTA partners who take part in undercutting, which creates an issue for us,” Andreas said.

Overbooking 52

Overbooking Resorts Operations Management 52

Cloudbeds

APRIL 15, 2024

From checking in guests and entering reservations to managing rates and assigning rooms, many hotels still perform a lot of manual tasks. Oftentimes, these tasks overpower hotels’ ability to invest in proper guest communication, marketing activities, and revenue management , which significantly impacts performance and profitability.

Revenue Management 98

Revenue Management Hotels Operations Revenue 98

Cloudbeds

APRIL 30, 2024

A question that likely keeps you up at night is, ‘How can I boost revenue per available room (RevPAR) and outpace my competitors?’ It’s the bedrock of hotel revenue management , and for good reason. But it’s not solely about revenue. Why is hotel price optimization an essential pillar of revenue management?

Revenue 52

Revenue Revenue Management Occupancy Hotels 52

Hotelogix

MAY 16, 2024

Ensure real-time OTA distribution with a Channel Manager OTAs are a significant source of bookings, and you must work with multiple OTAs to drive more indirect bookings. A channel manager automates and synchronizes your hotel's rates and inventory across all OTAs in real time.

Operations 52

Operations OTA Hotels Revenue 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

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

SiteMinder

NOVEMBER 20, 2023

Eviivo is a UK-based software solution primarily known for its channel manager software. This tool offers a full two-way sync of rates, content, and availability, allowing hoteliers to manage their listings across various online travel agencies (OTAs) efficiently. It positions itself as a holistic hotel management solution.

OTA 59

OTA Revenue Management Overbooking 59

Little Hotelier

MARCH 10, 2024

Manage your hotel sales with the best software in the market Use Little Hotelier’s revenue management features to manage your hotel sales and boost hotel bookings. A highlight is the ability to monitor room sales across OTAs and compare rates with competitors.

Hotel Sales 52

Hotel Sales Sales Revenue Management Revenue 52

SiteMinder

NOVEMBER 14, 2023

Let’s take a closer look at where these platforms shine: Increase room revenue As a Lodgify alternative, SiteMinder’s advanced revenue management tools and analytics provide hoteliers with actionable insights to make informed pricing decisions.

Revenue 52

Revenue Revenue Management Upsell OTA 52

Clock Software Hospitality

NOVEMBER 3, 2020

Here are some of the ways in which hotel PMS solutions can aid a hotel in improving daily operations: Increase RevPAR via Direct Bookings Online travel agencies (OTAs) allow hoteliers unlimited access to a large pool of potential guests, charging a commission for every booking made through them.

Hospitality 52

Hospitality OTA Revenue Management Hotels 52

SiteMinder

NOVEMBER 17, 2023

We recently spoke with Kevin Domican, Front Office and Revenue Manager at the four-star Abbey Hotel Roscommon. He shared how he and his team have been using SiteMinder’s channel manager to save time and optimise online distribution. With SiteMinder, a few clicks are enough to avoid overbooking.”

Overbooking 69

Overbooking Closing Hotels Revenue Management 69

Inn Quest

FEBRUARY 1, 2023

Hotel managers must be aware of what is said about their hotel online and ensure that they provide excellent service and address any issues guests may have. Hoteliers can also use a channel manager to seamlessly connect with popular OTAs such as booking.com, Expedia, AirB&B, etc.

Management 88

Management Consumer Hotels Overbooking 88

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. Plus, it leads to complexities such as rate parity/inventory disparity, overbookings, and guest dissatisfaction. 

Management 59

Management Hotels Revenue Management Revenue 59