SiteMinder

NOVEMBER 15, 2022

Hotel overbookings can be a divisive topic. However, you can minimise the risk of having to walk travellers if you have a solid overbooking strategy. However, you can minimise the risk of having to walk travellers if you have a solid overbooking strategy. What is the definition of overbooking for a hotel?

Overbooking 52

Overbooking Cancellation Occupancy Closing 52

Hospitality Net

OCTOBER 9, 2024

By combining Cloudbeds’ innovative property management system (PMS) with STS Cloud’s robust event management and sales capabilities, hoteliers can prevent overbookings, optimize room and event inventory, and deliver personalized service to win more deals.

Events 246

Events Sales Overbooking Operations 246

Skift Blog

MARCH 22, 2024

Skift Take: Omri Morgenshtern says India has a problem when it comes to partners overbooking hotels. Josh Corder Read the Complete Story On Skift

Overbooking 273

Overbooking Hotels Travel 273

Hospitality Net

AUGUST 5, 2024

This episode equips you with best practices for setting oversell limits, managing operational expectations, and balancing the risks and rewards of overbooking, ensuring you can maintain high occupancy rates without compromising customer satisfaction.

Cancellation 189

Cancellation Overbooking Occupancy Operations 189

Hospitality Net

FEBRUARY 22, 2024

Spillage, spoilage, and overbooking can destroy your bottom line. Common hotel revenue sinkers include selling inventory too soon and too low - spillage - or not selling enough during high demand, leaving you with last-minute discounts. Discover how to avoid them and grow your revenue.

Revenue Management 189

Revenue Management Revenue Overbooking Management 189

eHotelier

FEBRUARY 23, 2024

However, spoilage, overbooking, and overselling can also wreck your profits. Managing a profitable hotel requires a careful eye on your inventory. You don’t want to sell your rooms too early at reduced rates because such spillage can drain your revenue.

Revenue 116

Revenue Revenue Management Overbooking Management 116

Refine

JUNE 16, 2023

In this article, you’ll learn how successful hoteliers handle pricing strategies during the post-covid era, and how to deal with spillage, spoilage, overbooking, and overselling. Analyses showed that hotels with a solid revenue management strategy came out of the Covid-19 crisis better than hotels without.

Overbooking 98

Overbooking Revenue Management Revenue Management 98

eHotelier

FEBRUARY 20, 2024

However, spoilage, overbooking, and overselling can also wreck your profits. Managing a profitable hotel requires a careful eye on your inventory. You don’t want to sell your rooms too early at reduced rates because such spillage can drain your revenue.

Revenue 52

Revenue Revenue Management Overbooking Management 52

STAAH

SEPTEMBER 1, 2024

Coordinating availability across multiple channels was a cumbersome task, often leading to overbooking or missed opportunities. Streamlined integration resolved overbooking issues – all from the ease of a single, user-friendly STAAH dashboard. Additionally, manual updates and discrepancies in pricing caused a bit confusion.

Overbooking 88

Overbooking Revenue Management Hotels 88

Hotelogix

OCTOBER 4, 2024

Choosing the right OTA channel manager can streamline your hotel’s online distribution strategy, prevent overbookings, and boost overall profitability. This prevents overbookings and reduces manual work. Prevent Overbookings: Real-time updates reduce the risk of double bookings, ensuring a smoother guest experience.

OTA 52

OTA Management Overbooking Revenue 52

STAAH

OCTOBER 7, 2024

By integrating with STAAH, Ottila International provides hoteliers with a streamlined solution for managing their operations more efficiently, from reducing manual data entry to minimizing overbookings.

B2B 97

B2B Overbooking Accommodation Travel 97

Inn Quest

SEPTEMBER 5, 2023

By implementing an inventory tracking system, hotels can minimize underbooking, reduce overbooking risks, set competitive prices and provide a seamless guest experience, ultimately leading to increased revenue and improved operational efficiency. This prevents overbooking and rate disparities, enhancing the guest experience.

Management 87

Management Overbooking Revenue Hotels 87

Hotel News Resource

DECEMBER 7, 2023

When we think about revenue management, we often think of large cities, overbookings, big box hotels and a competitive marketplace. We don't typically think of a 44-room inn located in a remote destination.

Overbooking 45

Overbooking Revenue Management Revenue Management 45

Little Hotelier

MAY 12, 2024

When we first started the business, we didn’t know which channels to sell through and what to do if overbooking occurs when selling through multiple channels at the same time,” said Licha. It helps us manage our rooms to prevent overbooking. As a new business, it was vital to attract customers and create business turnover.

Overbooking 52

Overbooking Cancellation Accommodation Intent 52

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 91

Overbooking OTA Revenue Upsell 91

STAAH

OCTOBER 15, 2024

A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies. Hotels using this integration have reported reduced overbookings and better room occupancy rates.

Operations 84

Operations OTA Overbooking Revenue 84

Little Hotelier

OCTOBER 15, 2024

Tackling overbooking challenges Makai Nap consists of only four rooms and, like many small properties, was facing issues such as overbookings caused by slow, manual, processes and limited platform choices.

Operations 52

Operations Overbooking Accommodation Management 52

Refine

FEBRUARY 18, 2024

It synchronizes data like rates and availability, reducing overbookings and discrepancies. Hotel Distribution Channel Manager A hotel distribution channel manager is a vital tool for hotels to manage and distribute their room inventory across various online booking platforms efficiently.

Management 40

Management Overbooking Revenue Hotels 40

SiteMinder

OCTOBER 26, 2022

Things get harder when everything needs to be done manually, and the chance of overbooking is high. ” “Knowing the high turnover of rooms in our hotel, this is such an important feature to avoid overbooking,” explains Kadek. Yet Bali Garden Beach Resort has already said goodbye to those.

Resorts 105

Resorts Overbooking OTA Management 105

SiteMinder

AUGUST 26, 2024

The switch to SiteMinder was driven by the need for quick integration and to avoid overbookings as the number of rooms, and volume of reservations, increased. In addition, inventory is managed automatically in real-time, meaning the risk of overbookings is significantly reduced. For Grün Ubud, the booking engine is essential, with M.

Resorts 52

Resorts Overbooking Revenue Upsell 52

SiteMinder

NOVEMBER 6, 2024

Errors and overbookings prompted the search for a better tech solution Despite the breathtaking guest-facing experience, the situation for The Beautique Hotels on the backend was not so pretty. This caused data errors and overbookings. These issues negatively impacted our relationships with both partners and guests,” mentioned João. “It

Overbooking 52

Overbooking Sales Hotels Market 52

STAAH

SEPTEMBER 25, 2024

This reduces the risk of overbookings and guarantees accurate information for potential guests. Moreover, the integration facilitates efficient inventory management, ensuring that any changes made in the STAAH channel manager—such as rate adjustments or room availability updates—are automatically reflected on Agoda.

Overbooking 52

Overbooking OTA Management Services 52

Hotelogix

OCTOBER 24, 2024

This would lead to overbooking and double booking. Considering this, you can either have a plan to overbook your property with caution or you can completely avoid overbookings. This too, helps you avoid overbooking and double booking. For example, you sell your rooms on 5 OTAs. Now you know what a Hotel PMS is.

OTA 52

OTA Management Overbooking Cancellation 52

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

Little Hotelier

APRIL 28, 2023

Overbooking was a common occurrence. There was always the risk of overbooking. We have a 100% occupancy rate, and we’re fully booked every week, so we used to try and not put all of the motel rooms online, just in case of overbooking. We still had overbookings all the time,” said the motel owner-operators.

Motels 52

Motels Overbooking Hotels OTA 52

STAAH

JUNE 11, 2023

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. Prior to joining the STAAH network, the hotel staff spent endless hours updating availability and rates on OTAs. Find out more about this property here

Overbooking 90

Overbooking OTA Revenue Hotels 90

STAAH

OCTOBER 13, 2024

STAAH provided a centralised way to set and update inventory and rates River Beach Resort & Residences now uses the STAAH channel manager’s real-time inventory and rates updates, which has helped resolved the price parity issues, overcome overbookings and streamline integrations for all channels.

Resorts 101

Resorts Operations Shopping Revenue 101

STAAH

DECEMBER 6, 2023

Sending zero inventory to channels when fully booked avoids overbooking. Benefits: You can temporarily halt room sales through specific channels, allowing for better inventory management. Flexibility to decide where to distribute inventory and at what price points for revenue optimization.

OTA 92

OTA Overbooking Cancellation Closing 92

STAAH

OCTOBER 15, 2024

A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies. Hotels using this integration have reported reduced overbookings and better room occupancy rates.

OTA 52

OTA Overbooking Revenue Management Revenue 52

STAAH

NOVEMBER 19, 2024

Whether it’s finding an alternative room when overbooked or handling a guest complaint gracefully, quick thinking and problem-solving make all the difference. Problem-Solving Skills: Turning Challenges into Opportunities Challenges are inevitable, but exceptional professionals view them as opportunities to shine.

Hospitality 86

Hospitality Overbooking Services Management 86

SiteMinder

MAY 21, 2023

This eliminates manual updates, increases bookings and revenue, and eliminates concerns about overbooking or missing bookings. Booking data is quickly updated across all channels, allowing efficient management of hotel inventory and preventing overbooking or room shortages.

Resorts 98

Resorts Overbooking Yield Management OTA 98

Catala Consulting

SEPTEMBER 19, 2024

Overbooking and Room Management: Managing reservations, especially during peak seasons, presents a significant challenge to front office teams. Overbooking can lead to guest dissatisfaction and damage the hotel’s reputation. Solution: Utilize communication tools like internal messaging apps (e.g.,

Overbooking 52

Overbooking Operations Revenue Management Management 52

eZee Absolute

DECEMBER 7, 2023

Myth #7: Overbooking is a curse and should NEVER be used Overbooking can make or break a hotel; it is like a double edge sword. If you aren’t aware of overbooking, it is a strategy used by revenue managers to acquire more reservations than the number of available rooms to achieve the highest possible occupancy rate.

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

SiteMinder

OCTOBER 10, 2023

Control your OTA listings and earn more revenue Say goodbye to overbookings and hello to maximised revenue with real-time inventory and rate management with SiteMinder’s channel management solution. Table of contents Why should hotels consider a channel manager for Agoda?

Management 59

Management Overbooking OTA Hotels 59

SiteMinder

SEPTEMBER 6, 2023

There are several drawbacks to this approach… Preventing last minute overbookings Firstly, you may overbook your rooms. By synchronising room availability across all distribution channels, you eliminate the risk of overbooking. With your room now double-booked, you have to upgrade your guests or turn them away completely.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

SiteMinder

MAY 17, 2023

” Reduced overbooking and human errors The benefits stretch much further than being more efficient and doing things easier. Previously, we had to cautiously decide where to sell our last two rooms to avoid overbookings. This allows us to develop sales strategies that generate the highest revenue, all within a single platform.”

Revenue 52

Revenue Overbooking Operations Online Sales 52

Inn Quest

AUGUST 15, 2023

Hotels face a daunting challenge as travelers seek convenience and competitive prices: how to efficiently manage their room inventory across multiple online distribution channels while maintaining real-time updates and avoiding overbooking. Maximize your occupancy and avoid overbookings by centralizing your inventory and pricing.

Management 52

Management Global Distribution System Overbooking OTA 52