Hotel Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Domestic tourism is still going strong.

Occupancy 115

Occupancy Ancillary Revenue Upsell Revenue 115

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. Your PMS should simplify day-to-day tasks by connecting all your systems—whether it’s handling guest check-ins, updating pricing in real-time, or syncing with OTAs.

OTA 52

OTA Motels Upsell Overbooking 52

Hotelogix

AUGUST 6, 2024

Train your staff to identify and capitalize on upselling opportunities. Sell via multiple OTAs and focus on selling via your hotel's website and social media pages for incremental direct bookings. Participate in travel trade shows and online travel forums to network and attract new guests.

Revenue 52

Revenue Management Upsell Target Marketing 52

STAAH

MARCH 17, 2024

Ideally located in the corporate hub, close to the mall and shopping in Ahmedabad [Gujarat], Ramada by Wyndham – Ahmedabad is a four-star property patronised by business and leisure travellers. Plus, there are no more uncomfortable conversations about rate parity with OTAs or revenue loss to manage due to clunky management.

Overbooking 91

Overbooking OTA Revenue Upsell 91

Fuel Travel

JULY 11, 2024

Properties still relying on phone or form bookings are losing revenue, especially amongst younger travelers who are less likely to reach out directly to the hotel. This decreases your overall number of third-party bookings and your reliance on OTAs to drive occupancy. Jump to Section What is hotel booking software?

Upsell 52

Upsell Overbooking Hotels OTA 52

Hotelogix

OCTOBER 17, 2024

Upselling An online booking system helps with upselling by presenting guests with additional services or upgrades during the reservation process. Without any unnecessary complications, your customers can view the room and property images or videos, read reviews and feedback shared by guests and make a reservation with a simple click.

Upsell 52

Upsell Revenue Hotels Overbooking 52

Amadeus Hospitality

APRIL 23, 2024

Nearly all (91%) travel companies surveyed say they expect ‘moderate to aggressive’ increases in investment in their organizations in 2024. 1. Guest personalization is near impossible Amadeus research shows personalization is not only a top priority for travelers, but for hoteliers too. 4.

Upsell 52

Upsell Global Distribution System Hotels Shopping 52

Cloudbeds

MARCH 23, 2023

These days, more consumers are going online to make purchases, and travel is no exception. For travelers, there’s a lot riding on vacations, including money, well-being, and precious leisure time. Travelers, therefore, tend to be extra careful when planning trips, visiting multiple travel sites, and comparing pricing and options.

OTA 98

OTA Digital Marketing Marketing Travel 98

STAAH

OCTOBER 24, 2023

With 60% of visitors to Online Travel Agencies (OTAs) eventually checking out your website, the opportunity to secure commission-free direct bookings is substantial. Cost Savings: OTAs are marketing powerhouses, but they come at a cost. What Makes an Internet Booking Engine So Precious? How do you do this?

OTA 82

OTA Revenue Upsell Marketing 82

Hotelogix

OCTOBER 30, 2024

Travelers don’t usually begin their journey with a single destination in mind. Over half of all travelers begin their research with several destinations in mind. Travelers use many sources like search engines, travel blogs, social media, and advice from friends and family. It can influence other travelers.

Hotels 52

Hotels OTA Travel Services 52

SiteMinder

OCTOBER 15, 2023

Examples of booking channels include your own website, online travel agents like Booking.com, metasearch sites like Google, traditional travel agencies, global distribution systems (GDS), and more. These booking channels are a ticket to accessing the millions of travellers around the world who could potentially be your guest.

Global Distribution System 59

Global Distribution System OTA Revenue Hotels 59

STAAH

NOVEMBER 15, 2022

Goodbye bland travel experiences. Modern travellers are redefining what hospitality looks like in 2023 and beyond. Hot off the press, Booking.com revealed what modern travellers are seeking – it’s not just another holiday. A large section of travellers are seeking to get away from the grips of technology and closer to nature.

Hospitality 88

Hospitality OTA Travel Cancellation 88

SiteMinder

SEPTEMBER 19, 2022

As the hotel and travel industries attempt to wrestle back control post-COVID-19, it’s important to do everything possible to get back on top. This might include direct booking plug-in apps, such as Triptease, that reduce your reliance on OTAs by giving your booking engine greater functionality. Beonprice – Revenue management.

Management 97

Management Upsell Hotels Revenue 97

STAAH

AUGUST 29, 2023

Your target audience should define which channels you advertise on and which OTAs you partner with. Someone may get inspired by a friend’s social media post, while another begins the journey on an OTA or a search engine. Online Travel Agents OTAs are your billboards to acquire guests. Looking for a Hotel Booking Engine?

OTA 88

OTA Email Marketing Marketing Strategy Marketing 88

SiteMinder

SEPTEMBER 6, 2023

Consider the average business traveller. Providing upselling opportunities: Once a guest has booked a room, there are additional opportunities to upsell services such as dining or spa packages, thereby increasing overall revenue. In turn, this leads to more positive reviews, an integral part of earning more bookings.

Hotels 105

Hotels Events Upsell Occupancy 105

Travelboom Marketing

MAY 24, 2024

Segmentation and Targeting A family with young children and a solo business traveler will be attracted to your hotel for different reasons. Though OTAs charge high fees, using these strategically with other channels keeps commissions in check without forfeiting potential revenue.

Revenue Management 52

Revenue Management Revenue Management Cost Per Click 52

Cloudbeds

FEBRUARY 7, 2023

For independent properties, another challenge is competing with global loyalty programs offered by big hotel brands and online travel agencies (OTAs). In today’s discount-driven marketplace, hotels often try to “buy loyalty” from travelers with special rates and value-adds. Many OTAs offer loyalty programs, too.

Travel 52

Travel Hotels OTA Services 52

SiteMinder

JUNE 6, 2024

According to De Ponga, hotel software solutions such as channel managers and revenue management systems (RMSs) have democratised the practice, owing to the rise of online travel agencies (OTAs). “I I can’t imagine our job without a channel manager given all the OTAs out there.

Revenue Management 98

Revenue Management Revenue Management Accommodation 98

SiteMinder

JULY 13, 2024

That said, one has to ask: why are so many hotels’ margins still being eroded away by OTAs ? The growth of metasearch OTAs often outperform individual hotels in metasearch positioning and cost-per-click (CPC) performance. Some OTAs still use cached pricing.

Revenue Management 98

Revenue Management Revenue Management OTA 98

Xotels

JULY 26, 2024

Some are price-sensitive leisure travelers, while others are business travelers with deeper pockets. Don’t Forget About Upselling: Train your staff to upsell guests to higher room categories or add-on services. If they’re traveling with kids, offer a family-friendly activity bundle.

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

STAAH

APRIL 23, 2024

From online travel agencies (OTAs) to direct booking engine , hotels must effectively manage distribution channels to maximize revenue and minimize distribution costs. From spa services to dining experiences and beyond, hoteliers are leveraging dynamic pricing strategies to optimize ancillary revenue streams.

Revenue Management 93

Revenue Management Revenue Ancillary Revenue Management 93

Cloudbeds

FEBRUARY 15, 2023

Also known as customer acquisition cost (CAC), guest acquisition cost is the average amount of money a hotel spends to entice travelers to make bookings. When people plan a trip online, accommodation operators have opportunities to connect with them at various touch points on the traveler’s purchase journey.

OTA 52

OTA Cost Per Click Revenue Marketing 52

STAAH

JUNE 6, 2023

If you are a smart hotelier or any type of accommodation provider, you would not want to miss the chance of converting your website visitors from an OTA (or any other source) and bag the commission-free direct bookings. It plays a key role in the overall success of a hotel’s operations. Result – increased retention and bookings.

Cancellation 76

Cancellation OTA Global Distribution System Revenue 76

Xotels

JULY 26, 2024

Some are price-sensitive leisure travelers, while others are business travelers with deeper pockets. Don’t Forget About Upselling: Train your staff to upsell guests to higher room categories or add-on services. If they’re traveling with kids, offer a family-friendly activity bundle.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Travelboom Marketing

SEPTEMBER 1, 2023

Hotels are experiencing a major shift in traveler behavior, including the most recent demands from guests. In the latest TravelBoom Leisure Travel Trends Study , we recognize the importance of loyalty programs for hotels. However, when it comes to hotel loyalty programs travelers from ages 18 to 80 agree. 35 and Under 65.5%

Hotels 52

Hotels Upsell Ancillary Revenue Travel 52

Fuel Travel

APRIL 19, 2023

A direct booking is made with the hotel itself, rather than via a third-party such as an online travel agent, meta-search site, a managed travel service, or similar. Most travel shoppers will check multiple sites before making a choice. Learn more about Fuel Travel’s solutions with a custom demo.

Hotels 83

Hotels Travel Upsell Services 83

Little Hotelier

OCTOBER 17, 2023

Drive direct bookings Direct bookings mean you don’t have to pay commission fees to an online travel agent, saving you up to 20% on each booking. Of course, you must maintain rate parity (the same rate on your website as on the OTA) but try making booking direct a more attractive method by offering guests value-added services.

Revenue 100

Revenue Hotels OTA Ancillary Revenue 100

Cloudbeds

JULY 27, 2023

Unlike Google’s Free Booking Links, this feature is only available to hoteliers; OTAs and resellers can not participate. If you’re listed on OTAs, you’re probably already listed on metasearch channels too. Checking rates in one place makes decision-making faster and easier, benefiting travelers and hoteliers.

Cost Per Click 52

Cost Per Click OTA Digital Marketing Accommodation 52

Cloudbeds

FEBRUARY 28, 2024

When travelers make a hotel reservation, they expect a seamless experience , or they may decide to stay elsewhere. For hotels, meeting this expectation means moving away from manual processes and investing in booking software that allows travelers to book a room when they want on the channel of their choice. Generate more revenue.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

SiteMinder

OCTOBER 10, 2023

Offer lower rates for guests booking multiple rooms, ideal for group travellers or event attendees. In tougher economic times, discount pricing can act as an incentive for cost-conscious travellers. OTAs OTAs are a double-edged sword. Here’s a closer look at how these strategies could be deployed: Quantity discounts.

Occupancy 59

Occupancy Events OTA Revenue 59

StayNTouch

NOVEMBER 16, 2022

This can include a hotel’s website, its social media platforms, phone or email reservations, metasearch engines, or OTAs. The Billboard Effect shouldn’t be underestimated, as a study by Cornell estimates that being listed on an OTA corresponds with a 7.5-26% 26% increase in hotel reservations. 26% increase in hotel reservations.

OTA 52

OTA Hotels Revenue Overbooking 52

Amadeus Hospitality

SEPTEMBER 12, 2023

Properties can benefit from greater exposure on major distribution channels with top OTA integrations and 400+ global partners, while exposing special rates on metasearch channels. Travelers are offered greater peace of mind with travel protection options built right in the booking solution.

Revenue 59

Revenue Upsell Hotels OTA 59

Hotelier Magazine

MAY 4, 2023

While there are many stats showing that travel numbers for 2023 will defy the economic gravity of a recession, the reactionary throttling of household discretionary spending — namely vacations — tends to only reveal itself as a lagging indicator. These trends are reaching the mainstay at the exact moment that hotels need more guests.

Revenue 59

Revenue Upsell Occupancy Business 59

Cloudbeds

AUGUST 12, 2024

However, in the past few years, there has been a rapid acceleration of solutions as travelers become more sophisticated, with higher expectations , and hotels are expected to do more with less. A growing number of travelers prefer a blended digital-human check-in experience. Contactless options don’t equate to a contactless experience.

Hotels 98

Hotels Operations Revenue Management Revenue 98

Little Hotelier

AUGUST 17, 2023

With most travellers focused on budget, a discounted price can be the difference between a potential guest choosing you over a competitor. Encourage direct website bookings, sidestep OTA fees, enjoy greater freedom when developing your discount strategy. Loss leader rooms can also become profitable through upselling and cross-selling.

Hotels 98

Hotels OTA Cancellation Upsell 98

Cloudbeds

JULY 15, 2023

After all, travelers can’t book a property they don’t find! And when you receive a new booking from an OTA, it will show up in your Channel Manager (and PMS /CRS), and that room’s availability will be closed automatically across all distribution channels. The same happens with a cancellation.

Management 76

Management OTA Cancellation Overbooking 76

SiteMinder

NOVEMBER 20, 2023

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. However, it’s worth noting that Eviivo sometimes discourages direct bookings, pushing instead for its own OTA, TopRooms.

OTA 59

OTA Revenue Management Overbooking 59