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Hotel Overbooking: Balancing Risks and Guest Satisfaction

Revenue Hub

Subscribe to our weekly newsletter and stay up to date Understanding Hotel Overbooking: Hotel overbooking is based on the assumption that a certain percentage of guests will not show up or cancel their reservations, creating room availability for additional bookings. This data can guide overbooking practices to minimize disruptions.

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Do Automated Response Tools Really Increase Guest Satisfaction?

Revenue Hub

In this blog post, we shed some light on the pros and cons of such automated response tools: Advantages Efficiency and speed One of the biggest benefits of AI-powered automated response tools is the speed with which they can respond to guest requests. appeared first on Revenue Hub.

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Attribute Based Pricing: Grow Revenue and Improve Guest Satisfaction

Revenue Hub

Attribute-based pricing is a booking strategy where you promote additional attributes that incrementally increase the price of a booking , rather than advertising a flat rate then offering discounts. Maximum guest occupancy per room Bedding types (quality of linen, etc.) What is attribute-based pricing?

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OTAs or Hotel Direct Bookings: How to Optimize for ROI

Revenue Hub

NB: This is an article from Revinate Ever since the introduction of online travel agencies (OTAs) in the ‘90s, hoteliers have struggled to achieve the optimal distribution mix between OTAs and hotel direct bookings. The state of OTAs and direct bookings The pandemic transformed the booking behavior of today’s travelers.

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Online booking process strategies for hotels

SiteMinder

What is the online booking process? The online hotel booking process is how guests book and pay for a stay at your hotel. This process is made possible by your hotel’s website, open 24/7 to greet potential guests and turn their interest into confirmed stays.

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How to Maximize Your Bookings During Summer Travel

Revenue Hub

Summer travel is in full swing, and now is the time to implement effective strategies to help your hotel properties capture as many summer bookings as possible. Heat-Up on Social Media: An effective social media strategy is one of the most important and impactful components needed to maximize hotel bookings successfully.

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Hotel booking plugin: Top 10

SiteMinder

What is a hotel booking plugin? Direct booking plugins are apps that will further reduce your reliance on OTAs by bringing more features and greater functionality to your existing booking engine. Table of contents Why are booking plugins so powerful? Many hotel booking plugins help with: Easy mobile bookings.

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