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

Hotel Business

MARCH 14, 2024

Furthermore, AI can facilitate predictive analytics to forecast demand patterns accurately, allowing hotels to allocate resources efficiently and optimize inventory management. This proactive approach minimizes the risk of overbooking or underutilization of rooms, ultimately improving revenue management and operational efficiency.

Overbooking 59

Overbooking Revenue Upsell Services 59

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

Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. Where hotels capture guest contact data they can offer a wide array of services before or upon arrival to offer upsell opportunities.

OTA 75

OTA Hotels Revenue Market 75

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 Hotels Revenue Operations 98

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. SiteMinder’s booking engine is a testament to its expertise in this area.

Revenue 52

Revenue Revenue Management Upsell OTA 52

Cloudbeds

APRIL 8, 2024

It can be customized to fit your brand, cater to international audiences with multi-language and currency options, and offer add-ons or upsells to help you increase revenue. Upsells and add-ons. With the Cloudbeds Booking Engine, your PMS and Channel Manager are automatically updated to prevent overbookings.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

Hotel Speak

JULY 4, 2023

They can work with a hotel channel manager to ensure real-time distribution of rates and inventories across OTAs for better visibility, more sales, and zero overbookings. Large hotel groups can witness many benefits with Cloud-based Hotel PMS, more precisely, a Hotel PMS with multi-property management capabilities. . #2:

Hotels 52

Hotels Revenue Revenue Management Occupancy 52

Hotelogix

NOVEMBER 7, 2024

You want to make sure your hotel is available where your guests are looking, but also avoid overbooking or confusion about prices across multiple channels. Use a Channel Manager: A channel manager allows you to update your prices and availability across all platforms in real-time, avoiding any booking mistakes or confusion.

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

AskSuite

JULY 20, 2023

It begins with laying out realistic targets, then on-point upselling and cross-selling, culminating in the art of tailoring unique sales alternatives. Key strategies for upselling and cross-selling Upselling and cross-selling aren’t just about making quick sales, but rather enhancing the guest experience while maximizing profits.

Management 52

Management Business Marketing Strategy Upsell 52

Hotelogix

MAY 16, 2024

Sell more rooms: With increased online visibility, you can drive more bookings while eliminating overbookings and guest dissatisfaction.    Boost revenue: Make the best use of an upselling/cross-selling strategy. Configure and promote targeted packages/add-ons to attract guests, sell more, and earn more.

Operations 52

Operations OTA Hotels Revenue 52

Clock Software Hospitality

NOVEMBER 3, 2020

Having complete control over occupancy 24/7 will certainly cut down on the manpower it takes to keep inventory in order and prevent unwanted overbookings. Improve Revenue Management Revenue management tools are the height of innovation in hospitality technology.

Hospitality 52

Hospitality OTA Revenue Management Hotels 52

SiteMinder

NOVEMBER 20, 2023

This ensures that inventory levels, rates, and other crucial data are always current, reducing the risk of overbookings and other potential issues. This flexibility allows hoteliers to create a tech stack that perfectly aligns with their unique needs.

OTA 59

OTA Revenue Management Overbooking 59

Hotelogix

SEPTEMBER 22, 2024

Housekeeping Management : It helps track and assign housekeeping tasks, ensuring that rooms are cleaned and ready for guests on time. Revenue Management : It adjusts room rates based on demand, helping you maximize profits. Some systems even allow mobile check-outs.

Resorts 52

Resorts Management Operations Revenue 52

Hotelogix

OCTOBER 19, 2023

It improves a hotel's online visibility and sales while eliminating overbooking.    Revenue Management System: It simplifies the process of revenue management or room pricing - the most complex task.   Customer Relationship Management (CRM): It plays a critical role in streamlining marketing activities at a hotel.

Hotels 52

Hotels Revenue OTA Management 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

SiteMinder

OCTOBER 11, 2022

Cloud-based PMS solutions are a superior way to automate and accelerate all the important processes at your hotel including; Taking and confirming bookings, Managing reservations, Generating bills and reports, Check-in/out, Room transfers, Checking/editing availability, Guest communication. Revenue management. Increase bookings.

Hotels 52

Hotels Management Revenue Management Revenue 52

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