InnQuest

OCTOBER 17, 2023

Striking the perfect balance between fully booked rooms and avoiding overbooking can be a challenging task. Here’s a brief explanation of the reasons why hotel overbookings happen: Uncertain Cancellations: Hotels anticipate a certain percentage of reservations to be canceled.

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Reservations Guest Satisfaction Book Pricing 221

Revenue Hub

DECEMBER 19, 2024

Dynamic pricing tools use algorithms to recommend the ideal rates and the right time. NB: This is an article from Lighthouse Subscribe to our weekly newsletter and stay up to date Price optimization works by collecting and analyzing data from sources like competitor rates, seasonal trends and external events. Lets review each.

Pricing 73

Pricing Book Article Budgeting 73

Hotelogix

OCTOBER 11, 2024

A no-show in the hotel industry occurs when a guest makes a reservation but fails to show up or cancel their booking in advance. Booking Mistakes: Sometimes, guests might accidentally double-book or forget about their reservation. This is especially important during peak seasons when every booking is essential.

Reservations 130

Reservations Guest Satisfaction Communication Book 130

Hotelogix

JANUARY 18, 2024

In the hospitality industry, driving direct bookings through your hotel's website is crucial to remain competitive. The most important factor in achieving this is having a well-integrated booking engine. This technology can transform your website into a powerful tool to attract bookings. Let's explore how this works.

Book 130

Book Catering Reservations Guest Satisfaction 130

Hotelogix

SEPTEMBER 19, 2024

Understanding the difference between online booking and travel agency services is crucial for hotel owners and managers looking to optimize their revenue streams. These platforms provide a self-service model that allows guests to compare prices, read reviews, and book rooms at their convenience.

Book 130

Book Demo Guest Satisfaction Reservations 130

Hotelogix

NOVEMBER 30, 2023

before making the reservation - everything in one place. In this blog, we will look at a few strategies to increase bookings for hotels from OTAs.    Importance of OTAs for hotel booking As online sales channels, OTAs generate about 50% to 55% of hotel bookings. The hotel then pays a commission to the OTA. 

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Book Pricing Marketing Reservations 147

Hotelogix

JUNE 10, 2024

In this context, hotel dynamic pricing is one of the most critical elements. What is dynamic pricing in hotels?  Dynamic pricing strategy in hotels allows hoteliers to optimize revenue by ensuring room rates accurately reflect market conditions and consumer behavior.

Pricing 130

Pricing Demo Communication Training 130

Hotelogix

OCTOBER 18, 2023

A hotel reservation system is far more than a booking tool.   As technology continues to reshape the hospitality landscape, the importance of an effective reservation system cannot be overstated—it's the key to unlocking efficiency and excellence in modern hotel management.

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Reservations Book Information Guest Satisfaction 100

InnQuest

SEPTEMBER 5, 2023

It involves tracking and controlling inventory in real-time, making informed decisions on pricing, room allocation and availability, and ensuring that the right resources are available at the right time. Effective management ensures that rooms are allocated efficiently and priced competitively.

Guest Satisfaction 218

Guest Satisfaction Maintenance Pricing Book 218

Hotelogix

OCTOBER 24, 2024

Your front desk staff can use a Hotel PMS to accept, cancel, and modify reservations based on your guests’ requirements. It analyses several factors including demand, season, occupancy forecast, and competitor pricing, etc. This would lead to overbooking and double booking. For example, you sell your rooms on 5 OTAs.

Book 130

Book Server Reservations Property Management 130

Revenue Hub

DECEMBER 5, 2024

Knowing where to list your hotel and the prices to charge can be tricky, especially for busy operators of small, independent properties. Here we explain the essentials of hotel distribution and pricing. Online travel agencies (OTAs): These are websites where travelers book accommodations and other travel services.

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Pricing Book Article Reservations 91

Modern Restaurant Management

FEBRUARY 14, 2024

Charging guests for booking a reservation that they don’t show up for is becoming more popular. Let’s start with the reservation charge. For now, I have recommended to my clients to only utilize the reservation charge during holidays (Mother’s Day, Christmas, New Years, Easter, etc.).

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Reservations Pricing Server Book 189

Revenue Hub

DECEMBER 6, 2024

During this time, the path to booking was relatively linear and simplified if you wanted to book a trip, you contacted your travel agent, shared your needs and preferences, and let them work their magic. However, the booking journey has taken on a significantly different form today. before making a booking decision.

Book 91

Book Travel and Tourism Pricing Information 91

Hotelogix

OCTOBER 30, 2024

The hotel customer journey refers to the complete experience guests go through, from researching, booking, staying and post-stay interactions with the hotel. From social media interactions to booking to check-in and check-out, every stage is a chance for the hotel to create a positive and lasting impression.

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Book Blog Reservations Information 222

STAAH

JUNE 18, 2024

A robust booking engine is about more than just accepting reservations. With the ever-rising prevalence of online bookings, it is now more important than ever for hotels to ensure that their booking engine features are up to speed in order to ensure the smoothest booking process possible and avoid website abandonment.

Book 86

Book Reservations Demo Pricing 86

Hospitality Net

MAY 30, 2024

Powered by Attribute-Based Selling (ABS) and dynamic pricing, UpsellPRO enables hotels to unbundle room reservations and market individual room features to guests during the booking process.

Pricing 98

Pricing Reservations Property Management Book 98

Hotelogix

NOVEMBER 28, 2024

Managing bookings across multiple channels has become a core part of running a successful hospitality business. A channel manager connects your property management system to booking platforms such as OTAs, GDS (Global Distribution Systems), and direct booking engines. Delays can lead to double bookings or lost revenue.

Book 130

Book Property Management Reservations Pricing 130

InnQuest

APRIL 3, 2023

For instance, online booking systems, channel managers, and revenue management software can help you manage reservations, room rates, and availability across different channels. Maximizing Revenue in a Competitive Market Implementing a dynamic pricing strategy can improve revenue management and help hotels maximize profits.

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Training Property Management Special Events Guest Satisfaction 222

Hotelogix

NOVEMBER 17, 2023

Bringing more and more bookings is yet another daunting task. The million-dollar question remains- "How to increase online hotel booking? Direct bookings are done directly through your website and do not involve collaboration with any third-party website or person.

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Book Blog Reservations Definition 130

Revenue Hub

FEBRUARY 6, 2024

Group bookings are a powerful force, as it allows you to capture a chunk of travellers while only paying distribution and marketing costs for one booking. Family groups will book for family reunions or multi-generational travel experiences. Group travel plays an important role in your revenue management strategy.

Book 100

Book Pricing Article Reservations 100

STAAH

JULY 31, 2024

Discover how STAAH SwiftBook’s Smart Pricing can ignite your booking strategy. This innovative feature in SwiftBook allows you to create custom discounts that cater to different guest booking behaviours, making your property more appealing and driving more direct bookings.

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Pricing Book Reservations Catering 86

Revenue Hub

DECEMBER 15, 2023

For hotels, this time offers a golden opportunity to implement effective pricing strategies that not only cater to the surge in guests but also optimize revenue generation. Dynamic Pricing Model Implementing a dynamic pricing model allows hotels to adjust rates based on demand fluctuations.

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Pricing Book Catering Article 98

SiteMinder

DECEMBER 3, 2023

What are holiday bookings? Holiday bookings refer to the reservations made by individuals or groups for accommodation, travel, and other related services during their vacation period. For hotel managers, effectively managing holiday bookings is crucial.

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Book Pricing Reservations Budgeting 105

Revenue Hub

MARCH 14, 2024

In March 2021, the search engine Giant Google introduced organic booking links to help hoteliers connect with potential guests directly through their search results. By providing prices and availability, hotels now can appear in the hotel booking module for free, along with paid hotel ads. Why is this important?

Book 98

Book Budgeting Article Pricing 98

Modern Restaurant Management

APRIL 27, 2020

OpenTable added new features and price cuts for 2020 as they recognize the road to recovery will be long and difficult. OpenTable’s software has always enabled restaurants to connect with diners to manage reservations, prepare for shifts, and maximize table availability. First is an enhanced restaurant management platform.

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Document Download Sanitation Pricing 231

Revenue Hub

NOVEMBER 29, 2024

Here is our round up of 8 Success Stories from our Expert Partners outlining revenue growth, increased ADR, occupancy, booking growth, pricing changes and direct channel success. Challenge Eliminating heavy reliance on manual spreadsheets for revenue management and generating data insights for accurate, data-driven pricing.

Book 94

Book Pricing Reservations Events 94

SiteMinder

MAY 28, 2023

While prices for all German accommodation providers rose by seven per cent between 2019 to 2022, prices among those with 20 rooms or less grew 22 per cent in the same period. “However, generally, we have seen that smaller properties are leading the hotel industry in raising their pricing to reflect macroeconomic shifts.”

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Pricing Marketing Book Information 105

Revenue Hub

FEBRUARY 1, 2024

Let’s talk about something that’s been etched in stone for far too long in our industry – the ‘perfect booking window.’ You know, that magical timeframe we’ve all been told is the sweet spot for securing reservations. This ‘perfect’ window has dictated pricing strategies, inventory management, and even marketing campaigns.

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Book Reservations Pricing Article 87

InnQuest

JANUARY 5, 2023

Some of the key highlights of roomMaster Anywhere include a powerful channel manager , a customizable booking engine , front desk services, a payment solution, a performance reporter, and an integrated hotel CRM. One place for all your needs – roomMaster Anywhere comes with intuitive hotel booking software and channel management software.

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Property Management Book Catering Reservations 224

Revenue Hub

OCTOBER 4, 2024

A hotel Booking Engine is an online platform or software that allows customers to search for, view, and book hotel rooms and self-catering accommodation directly on a hotel’s or property’s website. Tailored offers such as promotions and special discounts can entice guests to book direct, saving on hefty OTA commissions.

Book 95

Book Reservations Article Property Management 95

Revenue Hub

JULY 31, 2024

The ongoing manual calculations and pricing updates across all your distribution channels are huge headaches to most hoteliers, especially if pricing isn’t your only responsibility at your property. How can you use data to improve your pricing strategy? Booking window insights Pay close attention to your booking window.

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Pricing Book Marketing Article 89

STAAH

JUNE 4, 2024

The hotel booking engine is the main tool that makes booking a hotel easier for both owners and guests. Let’s delve into the essentials of hotel booking engines , understanding what they are, how they work, and why they are indispensable in the modern hotel landscape. What is a Hotel Booking Engine?

Book 91

Book Guest Satisfaction Reservations Communication 91

SiteMinder

SEPTEMBER 6, 2023

What are late bookings? Late bookings are often spontaneous, last-minute, reservations that often come in days, hours or even minutes before the guest’s intended arrival time. These bookings often occur due to sudden travel plans, business needs, or even whimsical decisions to take a quick getaway.

Book 98

Book Reservations Communication Pricing 98

Hotelogix

DECEMBER 7, 2023

To be very precise, it has shaped the way guests book their accommodations at hotels. These platforms work like magic to spread the word about property, inventory, prices, offers, etc. If you want to generate incremental OTA bookings well, you need to work with the best of them with a well-thought-out strategy.

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Book Budgeting Catering Strategic Planning 268

InnQuest

MARCH 2, 2023

This includes everything from online booking systems and inventory management to customer relationship management tools. For example, you can use a property management system (PMS) to manage your reservations, guest information, and room assignments. Book a demonstration of our award-winning hotel management software here.

Customer Service 224

Customer Service Training Guest Satisfaction Pricing 224

SiteMinder

SEPTEMBER 6, 2023

What is the online booking process? The online hotel booking process is how guests book and pay for a stay at your hotel. It should include a smooth, secure booking system that shows real-time room availability and pricing, letting guests book a room without the back-and-forth of phone calls or emails.

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Book Reservations Blog Information 98

Revenue Hub

OCTOBER 15, 2024

NB: This is an article from mirai , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Trying to shed some more light on this complex issue of “the impact of the DMA for hotels”, we expanded our research to: Analyze the attribution of all bookings and not only those coming from metasearch. within the EU, a 4.5

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Reservations Book Article Marketing 91