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

SiteMinder

SEPTEMBER 6, 2023

These bookings often occur due to sudden travel plans, business needs, or even whimsical decisions to take a quick getaway. Diverse clientele : Last-minute bookings attract a wide range of guests, from business travellers catching a late flight to spontaneous weekend adventurers.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

Hotelogix

DECEMBER 7, 2023

The advent of Online Travel Agencies (OTAs) has revolutionized the hospitality sector. It allows travellers to compare rates and services of multiple properties.   Understanding OTAs OTAs refer to Online Travel Agencies, which are online hotel booking websites for travelers and online sales channels for hotels.

OTA 107

OTA Overbooking ROI Hotels 107

Hotel Speak

AUGUST 13, 2024

Today, hotels must maximise visibility to travellers and central to this strategy is the ability to harness the power of different channels to capture the right guest profile. It is crucial that hotels closely manage distribution of rates and inventory to prevent revenue loss, overbooking, or increased fees from third-party channels.

Revenue 86

Revenue Sales OTA Average Daily Rate 86

Fuel Travel

JULY 11, 2024

It also prevents overbooking and keeps everything in sync, allowing guests to tailor their stay preferences and enhance their experience. 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.

Upsell 52

Upsell Overbooking Hotels OTA 52

SiteMinder

DECEMBER 3, 2023

According to SiteMinder’s data, of the total reservations made in the last two weeks, 49% are for holidays in December as the long weekend and holiday season approaches, with 47% of November bookings coming from domestic travellers, the highest proportion throughout 2023.

Overbooking 59

Overbooking Revenue Hotels Accommodation 59

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

Hotelogix

AUGUST 31, 2024

A Global Distribution System (GDS) is a computerized network used by travel agents, online travel agencies, and corporate travel managers to book travel services like hotel rooms, airline tickets, car rentals, and more. The most popular GDS networks include Amadeus, Sabre, Galileo, and Worldspan.

Global Distribution System 40

Global Distribution System OTA Occupancy Hotels 40

Little Hotelier

OCTOBER 11, 2023

For hoteliers, peak travel season is all about making hay while the sun shines. By positioning yourself as the first choice for your target guest, you can charge a higher rates for your rooms – which guests will be more willing to pay given they are competing against so many other travellers.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

Cloudbeds

FEBRUARY 26, 2024

Adam Harris, Co-Founder and CEO of Cloudbeds, said : “The outlook for the travel industry in 2024 looks rather encouraging, with economic forecasts shifting from fears of a global recession to expectations of a soft landing and moderate growth. Online travel agencies (OTAs) have returned stronger than ever.

Average Daily Rate 52

Average Daily Rate OTA Overbooking Travel 52

SiteMinder

APRIL 28, 2022

On the edge of the busy city, The Dylan maintains a sanctuary of calm, with the property seeing guests from all walks of life; from business travelers, to holiday makers, to even those who require accommodation during medical treatments. There are numerous scenarios that could hinder a traveler’s stay. One of these is overbookings.

Overbooking 52

Overbooking OTA Occupancy Hotels 52

Horizon Hospitality

JULY 10, 2024

Channel Management Software will help manage room inventory across multiple online travel agencies (OTAs) and booking platforms. By ensuring rate parity and availability across channels, you can prevent overbooking and maximize exposure. Segment Your Market: Different customer segments have varying price sensitivities.

Occupancy 52

Occupancy Revenue Yield Management Forecasting 52

STAAH

MAY 5, 2024

Coordinating availability across multiple channels was a cumbersome task, often leading to overbookings or missed opportunities. Setting up new online travel agents (OTA) channels during and after the initial set-up was simple.

Management 87

Management Overbooking Revenue Hotels 87

STAAH

JUNE 18, 2024

The more intuitive and easier your booking process is, the easier it will be for hotels to compete with online travel agents (OTAs) for direct bookings. Booking process Display accurate, up-to-date information on room availability and pricing to avoid overbooking and ensure transparency.

Cancellation 85

Cancellation OTA Overbooking Accommodation 85

SiteMinder

MAY 2, 2023

An elegant inner city featuring cafés and shops, a beautiful park, the Hessian State Theatre and countless thermal spas, make Wiesbaden a unique travel destination. At the same time, availability is adjusted across all channels, which reduces the risk of overbookings. “We We save two hours a day using SiteMinder.

Overbooking 97

Overbooking Online Sales Hotels OTA 97

SiteMinder

AUGUST 1, 2024

Trip.com is a global online travel agency that connects millions of travellers with hotels worldwide. Market focus : Ctrip focuses on Chinese travellers, whereas eBooking caters to a global audience. This blog will take through everything you need to know about the Trip.com Extranet.

Revenue 52

Revenue Yield Management Overbooking Management 52

Fuel Travel

FEBRUARY 13, 2024

It needs to be compatible with your existing technology, look good, and most important of all, convince travel shoppers to book. Your booking engine should have intuitive navigation, clear design, and a truly straightforward process to compare options and get from point A (travel shopping) to point B (making a booking!).

Hotels 109

Hotels Shopping Overbooking Revenue 109

STAAH

JUNE 11, 2024

On one side, you have OTAs (online travel agents) that are vital distribution partners to liquidate unsold inventory and put heads in beds. Customer trust: Many travellers trust OTAs due to their established reputation and user-friendly platforms.

OTA 86

OTA Shopping Occupancy Overbooking 86

Little Hotelier

JULY 14, 2024

Sales and operations streamlined Currently, the hotel uses eight online travel agent (OTA) channels, word-of-mouth, and direct bookings via Little Hotelier’s website builder and booking engine to capture reservations for its 4 rooms.

Business 52

Business Overbooking OTA Management 52

Little Hotelier

JULY 20, 2023

Our aim is to welcome them in the best possible way when travelers arrive at the bed & breakfast. Hence the need for a solution dedicated to small properties to simplify and improve daily operations, integrate all channels, and remove overbookings and human errors.

Management 75

Management Overbooking OTA Small Business 75

Little Hotelier

JULY 31, 2024

Iluh Eka Fibriani, E-commerce & Sales Manager at Kupu Kupu Barong, felt she needed support from SiteMinder, especially because her property is connected to quite a number of local and international online travel agents (OTAs). Overbooking is also very rare, almost non-existent now,” she said.

OTA 52

OTA Overbooking B2B Dining 52

A Sales Guy

APRIL 10, 2017

United overbooked a flight. In an effort to maximize bookings and make sure flights are full, airlines commonly overbook anticipating people don’t show, miss their connections, etc. Had United continued to up the value of a voucher for future travel from let’s say $200 to $400, or to $600, $800, etc. What do I mean?

Overbooking 114

Overbooking Travel Sales Services 114

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. Travelers crave experiences. Are you wondering whether you need a hotel booking engine? Upsells and add-ons. Multiple rate plans.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

eZee Absolute

DECEMBER 11, 2023

A hotel channel manager is a software that allows hotels like yours to manage their online inventory and rates across multiple booking channels, such as online travel agencies (OTAs), global distribution systems (GDSs), and your website as well. Connectivity with OTAs Not all online travel agencies (OTAs) are created equal.

Management 59

Management OTA Overbooking Global Distribution System 59

Inn Quest

AUGUST 8, 2023

During peak seasons, when rooms are in high demand, higher rates can help control the rate of bookings, preventing overbooking scenarios. Enhanced Guest Satisfaction: Lastly, by charging lower rates during off-peak seasons, hotels can entice more travelers to choose their establishment over competitors.

Overbooking 88

Overbooking Hotels Occupancy Revenue 88

Catala Consulting

MAY 17, 2024

Enhancing Occupancy Rates through Efficient Management Managing Overbookings and Walk-Ins Reception staff play a critical role in managing overbookings and walk-ins, which are common in the hotel industry. Cross-selling requires a good understanding of guest needs and the ability to match them with suitable offerings.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

SiteMinder

JULY 2, 2024

Iluh Eka Fibriani, E-commerce & Sales Manager at Kupu Kupu Barong, felt she needed support from SiteMinder, especially because her property is connected to quite a number of local and international online travel agents (OTAs). Overbooking is also very rare, almost non-existent now,” she said.

OTA 52

OTA Overbooking B2B Dining 52

Little Hotelier

JULY 25, 2023

It’s such a relief to know we’re not accidentally overbooking our property. However, it would be nice to also see some international travellers from time to time. Since using Little Hotelier , bookings are going directly into their PMS via the property’s website and coming in from OTAs via the channel manager feature.

OTA 98

OTA Overbooking Consumer Management 98

STAAH

APRIL 16, 2024

Integration with Distribution Channels: Seamless integration with distribution channels such as online travel agents (OTAs) , global distribution system (GDS) , and direct booking channels is essential for efficient inventory management and distribution.

Revenue Management 79

Revenue Management Revenue Management Forecasting 79

SiteMinder

JUNE 24, 2024

Overbooking. In the first three scenarios, you also won’t have to pay commission to Booking.com (though you may need to in the case of overbooking). You may do this on the request of a guest, or in one of the following situations: The guest didn’t show up. Invalid credit card. No deposit or prepayment received.

Cancellation 52

Cancellation Overbooking Revenue OTA 52

SiteMinder

DECEMBER 12, 2023

With a prime location and all the comfort guests could need, it promises a memorable stay for any travellers visiting Portugal’s famous capital city. I have also seen an increase in direct bookings and less overbookings, which has boosted our revenue.” “I I can also do more things in less time,” he continued.

Revenue 52

Revenue Overbooking General Manager Hotels 52

Hotelogix

APRIL 18, 2024

A common trend with novice hotels and hoteliers is to sign up with as many OTAs - Online Travel Agents (like booking.com , Expedia, etc) as possible. Overwhelming and a colossal waste of time…not to mention he frequently missed updating the OTAs, which led to overbooking. Sales is usually the first and foremost concern of many.

OTA 52

OTA Overbooking Cancellation Business 52

Little Hotelier

JULY 31, 2023

This means you can manage your reservations, update your rates and availability, and distribute your rooms to online travel agencies (OTAs) all from one platform. This ensures that your inventory is always up-to-date, reducing the risk of overbooking.

Cancellation 52

Cancellation Overbooking OTA Occupancy 52

SiteMinder

NOVEMBER 17, 2023

Whether travellers choose the Homewood Hotel & Spa , The Bird or the Bishopstrow Hotel & Spa , they’re in for a time of discovery, pampering and pure enjoyment. One example is PetsPyjamas which offers travellers a curated selection of pet-friendly hotels. Then the inventory across all channels is updated automatically.

Revenue 98

Revenue OTA Overbooking Online Sales 98

Hotel Speak

FEBRUARY 22, 2023

With international travel heating back up, and the prospect of returning Chinese tourism, 2023 promises to be the most successful year for travel since the start of the COVID-19 pandemic.

Management 52

Management Overbooking Hotels OTA 52

SiteMinder

JUNE 6, 2023

However, the modern decor and perfect location at the Nordseebad Dangast are not the only reasons travellers are flocking to the 4-star hotel. It is also a very error prone process that can easily lead to double bookings and overbookings,” Jan recalled. We’ve spent a lot of time on this, and it was very stressful.

OTA 52

OTA Overbooking Hotels Management 52

Hotel Business

MARCH 14, 2024

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

Overbooking 59

Overbooking Revenue Upsell Services 59