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 59

Hotels Revenue Management Overbooking Revenue 59

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

JUNE 8, 2023

Integrate with your PMS and channel manager. Reservations made on your website should automatically sync with your hotel property management system and across all your OTA channels so you don’t get overbookings. No more overbookings. Revenue management Your hotel rates shouldn’t be “set it and forget it.”

Management 98

Management Hotels Revenue Digital Marketing 98

Hotelogix

AUGUST 27, 2024

  Follow these strategies to leverage technology effectively:  Channel Management Systems: Implement robust channel management systems that centralize inventory and rate management.   Revenue Management Systems: Utilize revenue management systems to optimize pricing and yield across various channels.

Global Distribution System 52

Global Distribution System OTA Revenue Hotels 52

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. Here’s five simple steps to make an OTA channel manager work for your hotel: 1.

OTA 52

OTA Management Revenue Occupancy 52

SiteMinder

AUGUST 29, 2023

Benchmark how effective you are Are you getting the best ROI? For example: How do your revenues and costs measure up to others? Reduce hotel costs and elevate your revenue with SiteMinder Controlling costs is as crucial as driving revenue. What are you paying for your marketing channels?

Revenue 52

Revenue Hotels OTA Operations 52

Hotel Operations

FEBRUARY 12, 2023

In hospitality, we’re creating revenue and an ROI per square meter for the property owner. If the same person at the end is responsible for revenue and operational decision-making, you will impact both sides of the business and you’re not going to have the best outcome. It’s a waste of space and resources. “In

Operations 52

Operations Real Estate Hotels Revenue 52