Hotelogix

JUNE 10, 2024

We have witnessed firsthand the evolving landscape of hotel revenue management. In this context, hotel dynamic pricing is one of the most critical elements. What is dynamic pricing in hotels?  It enables you to stay competitive by adjusting rates in response to market fluctuations and competitive pricing strategies.

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.

Reservations 100

Reservations Book Information Guest Satisfaction 100

Hospitality Net

MAY 30, 2024

Stayntouch, a global leader in cloud hotel property management systems (PMS) and guest-centric technology, unveiled UpsellPRO, an advanced upselling tool designed to expand and maximize revenue opportunities for hotels.

Pricing 90

Pricing Reservations Property Management Book 90

Revenue Hub

JULY 4, 2023

NB: This is an article from WebRezPro But as inflation and high flight prices persist, the revenge travel surge may start to wane. As the cost of living continues to rise, so will travelers’ price sensitivity. Keep reading for ideas… Value-added packages Attract price-sensitive guests by offering added value.

Pricing 77

Pricing Reservations Property Management Article 77

SiteMinder

MAY 8, 2024

What is an Airbnb property management service? An Airbnb property management service is designed to streamline your short-term rental operations by handling essential tasks such as listing optimisation, guest communication, and check-in/check-out logistics. Manage finances effectively by tracking income and expenses.

Property Management 52

Property Management Maintenance Communication Housekeeping 52

STAAH

JULY 11, 2023

The “HospiTech” space is awash with solutions that promise they are the new panacea or can provide silver bullets to unwary hoteliers; non more so than “All-in-One Property Management System (PMS)” providing channel management and booking engine capabilities (as well as of course managing reservations).

Property Management 87

Property Management Front Desk Operations Pricing Reservations 87

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? Do they have shared price sensitivities?

Pricing 92

Pricing Book Marketing Article 92

Les Roches

JULY 21, 2023

Known as hotel property management systems or hotel PMS , this software enables hotel management to use digital platforms to streamline operations such as bookings, guest check-ins and housekeeping coordination, while enhancing guest experiences. What is a hotel property management system (PMS)?

Property Management 52

Property Management Reservations Training Housekeeping 52

InnQuest

OCTOBER 17, 2023

Here’s a brief explanation of the reasons why hotel overbookings happen: Uncertain Cancellations: Hotels anticipate a certain percentage of reservations to be canceled. Revenue Maximization: In a bid to maximize revenue, hotels often accept more reservations than their actual room inventory.

Reservations 221

Reservations Guest Satisfaction Book Pricing 221

MEWS

NOVEMBER 5, 2024

Traditionally, hoteliers relied on manual processes and disconnected systems to manage reservations, pricing, guest services and more. The evolution of hotel technology The hotel industry has seen rapid changes in technology over the past decade.

Reservations 130

Reservations Guest Services Pricing Property Management 130

Revenue Hub

FEBRUARY 15, 2023

Attribute-based pricing is becoming an increasingly popular pricing model in the hotel industry. NB: This is an article from BEONx , one of our Expert Partners It enables property managers to establish a range of rates in line with the features and services that a guest is willing to pay for.

Guest Satisfaction 95

Guest Satisfaction Pricing Book Reservations 95

Hotelogix

MAY 16, 2024

Streamline operations with a cloud-based hotel property management system (PMS) Upgrading to a cloud-based Hotel PMS can significantly improve hotel operational efficiency. A booking engine integrated with your PMS and channel manager simplifies the booking process for guests and collects valuable guest data for personalized marketing.

Front Desk Operations 130

Front Desk Operations Book Reservations Property Management 130

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

Understanding different hospitality technology solutions and their roles – Hotel PMS You can call it a Hotel PMS, hotel property management system , hotel property management software, hotel management system, hotel management software, or hotel software.

Book 130

Book Server Reservations Property Management 130

Hotelogix

OCTOBER 11, 2024

Though it started with flight bookings, its move into hotel reservations has been widely appreciated. Hopper’s predictive pricing feature helps travelers find the best rates, using AI to track price changes and recommend the right time to book. It provides real value with its smart pricing and predictive analytics.

Pricing 130

Pricing Book Download Budgeting 130

Hotelogix

NOVEMBER 7, 2024

This blog outlines simple, actionable strategies that hotels of all sizes can use to grow their business, from direct bookings to pricing strategies and everything in between. Promote a Best Rate Guarantee: Ensure guests know they'll get the best price when booking directly. For example, "Book now for 20% off on your stay!"

Pricing 130

Pricing Book Events Demo 130

Revenue Hub

JUNE 28, 2024

NB: This is an article from Revinate Subscribe to our weekly newsletter and stay up to date These legislations, effective from July 1, 2024, focus on cancellation policies and pricing transparency, respectively. Potential impact on hoteliers: Transparent pricing: Hotels must ensure their advertised rates include all mandatory fees.

Pricing 96

Pricing Book Reservations Article 96

InnQuest

APRIL 3, 2023

For example, using a property management system (PMS) can automate guest check-in and check-out, invoicing, and room assignment tasks. For instance, online booking systems, channel managers, and revenue management software can help you manage reservations, room rates, and availability across different channels.

Training 222

Training Property Management Special Events Guest Satisfaction 222

SiteMinder

OCTOBER 16, 2023

What is pricing intelligence? Pricing intelligence, also known as rate intelligence, is a way for hotels to optimise their pricing and profitability. It’s an essential part of a successful revenue management strategy and is implemented via the use of data and pricing intelligence tools.

Pricing 59

Pricing Information Marketing Book 59

InnQuest

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. This is where a hotel channel manager comes into play.

Reservations 130

Reservations Book Property Management Pricing 130

Revenue Hub

SEPTEMBER 16, 2024

NB: This is an article from DerbySoft Subscribe to our weekly newsletter and stay up to date Today’s guests demand instant availability and pricing, whether on Google, Online Travel Agents (OTAs) like Expedia, or your independent hotel’s own website. For this reason, choosing a channel manager with top-of-class update speeds is essential.

Pricing 88

Pricing Reservations Book Article 88

Revenue Hub

OCTOBER 10, 2024

Think about what makes your property special (USP), explore local partnerships (existing and potential), and determine your target audience. Your reservation and guest data holds the secrets to crafting packages that resonate with your guests.

Pricing 90

Pricing Article Book Reservations 90

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.

Customer Service 224

Customer Service Training Guest Satisfaction Pricing 224

InnQuest

JANUARY 5, 2023

Furthermore, some of the key benefits of roomMaster Anywhere are listed below – Cost-effectiveness – our direct hotel online booking system saves on commission costs and increases loyalty by driving guests to book via your own properties’ websites. Perfect for working when you’re on the go or in case of emergencies.

Property Management 224

Property Management Book Catering Reservations 224

Revenue Hub

OCTOBER 9, 2024

This is especially true if you integrate MaxiRoom into your property management system ( PMS ) – but more on that later. Tips to maximise the MaxiRoom extranet and gain Hotelbeds bookings By maximising your use of MaxiRoom, you maximise your occupancy through more Hotelbeds reservations.

Book 101

Book Reservations Article Property Management 101

Hospitality Net

AUGUST 1, 2024

Stayntouch, a global leader in cloud hotel property management systems (PMS) and guest-centric technology, recently made Attribute-Based Selling (ABS) technology available to hoteliers everywhere through the release of UpsellPRO, a dynamic pricing/ABS solution that enables hotels to unbundle room reservations and market individual room features to (..)

Reservations 52

Reservations Property Management Pricing Book 52

SiteMinder

OCTOBER 29, 2024

In this article, we’ll explore why Tourplan is important for hotel groups like yours, how it works, and how integrating it with SiteMinder can transform your booking management process. If you’re managing multiple tour operator relationships, keeping up with real-time reservation updates is critical.

Reservations 52

Reservations Book Communication Pricing 52

InnQuest

OCTOBER 3, 2023

Real-time Updates: Thereafter, integration with property management system s (PMS) provides real-time updates on room availability and pricing. This ensures that guests are always presented with accurate information, reducing the likelihood of overbooking or reservation errors. Get in touch with us now!

Guest Satisfaction 221

Guest Satisfaction Information Property Management Blog 221

STAAH

JUNE 18, 2024

A robust booking engine is about more than just accepting reservations. Booking engines must be optimised for users, allowing them to take care of all their needs in one place and have a secure and easy reservation process. Ability to easily compare room types, entitlements and prices to help guests make informed decisions.

Book 87

Book Reservations Demo Pricing 87

Hotelogix

APRIL 22, 2024

For instance, by analyzing stay patterns and booking sources, you can optimize your marketing campaigns and pricing strategies to attract the right audience at the right time. You can unlock a wealth of untapped revenue by analyzing data to forecast demand and adjust pricing accordingly.

Guest Satisfaction 130

Guest Satisfaction Book Pricing Reservations 130

InnQuest

JANUARY 23, 2023

However, you can still implement strategies to increase direct bookings and create a better bottom line for your property. Direct bookings are reservations made directly with the hotel rather than through a third-party online travel agency (OTA). In this blog, we have compiled five tips to boost direct bookings.

Book 218

Book Reservations Concierge Blog 218

Hotelogix

DECEMBER 25, 2023

A Hotel Property Management System (Hotel PMS System) is a solution that streamlines and automates the daily operations of a hotel. It is a powerful tool that efficiently enables hotel managers/owners to manage guest reservations, room assignments, check-ins, check-outs, billing, housekeeping, and many other essential tasks.

Book 147

Book Reservations Housekeeping Property Management 147

Revenue Hub

SEPTEMBER 20, 2024

In this blog, we look at how you can tailor your GDS content to drive more reservations and revenue from this channel. 1) Create clear and accurate property and room listings. Well-written property descriptions can help set your property apart from the competition. 6) Offer special promotions and seasonal offers.

Reservations 81

Reservations Book Pricing Article 81

Hotelogix

JUNE 28, 2024

The Hotel cancellation policy allows guests to cancel reservations up to a specified time before check-in. These outline situations for penalty-free cancellations and clarify when fees apply, ensuring a balance between guest convenience and revenue management. So, they may choose to be stricter when applying group cancellations.  

Reservations 130

Reservations Book Demo Accounting 130

Hotelogix

OCTOBER 17, 2024

These metrics can inform pricing strategies and marketing efforts, ensuring you’re maximizing your revenue potential.    Informed Decision-Making: With access to real-time data, hotel managers can make informed decisions based on actual performance rather than gut feelings.

Guest Satisfaction 130

Guest Satisfaction Book Information Property Management 130

Revenue Hub

JUNE 18, 2024

In the following sections, we’ll explore how Total Revenue Management (TRM) leverages data to transform every aspect of hotel operations, from pricing and inventory management to marketing and guest experience. Upselling Opportunities: Spot potential to encourage guests to book higher-priced rooms or packages.

POS Systems 90

POS Systems Pricing Book Reservations 90

Hotelogix

AUGUST 13, 2024

Attribute-Based Selling Conventional room selling typically involves categorizing rooms into standard types, such as single, double, suite, or deluxe, each with a predefined set of features and a fixed price. Optimized revenue management: Hotels can maximize their revenue potential by monetizing individual room attributes.

Guest Satisfaction 130

Guest Satisfaction Pricing Book Demo 130