PhocusWire

APRIL 14, 2023

Airbnb stock dropped recently after a report that many hosts are marking up prices on its website to encourage guests to book direct and save money.

Property Management 103

Property Management Pricing Book 103

InnQuest

OCTOBER 17, 2023

Striking the perfect balance between fully booked rooms and avoiding overbooking can be a challenging task. System Errors: Technical glitches or errors in reservation systems can inadvertently result in overbooking, as rooms may get double-booked or inventory fails to update correctly.

Reservations 221

Reservations Guest Satisfaction Book Pricing 221

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

Revenue Hub

JUNE 7, 2023

A hotel booking engine is a crucial tool for hotels and accommodation providers in today’s time. Subscribe to our weekly newsletter and stay up to date To make this possible having a robust online booking system is really important to help you reach your revenue goals.

Book 85

Book Guest Satisfaction Pricing Reservations 85

Revenue Hub

FEBRUARY 15, 2024

Last-minute bookings are bookings that arrive days, hours, or minutes before the guests do. While these bookings can be trickier to handle (no one likes doing things last minute), they are worthwhile to pursue. Hint: There are OTAs specifically geared towards late bookings. Here is how to land guests in a hurry.

Book 96

Book Housekeeping Article Reservations 96

Hotelogix

APRIL 22, 2024

Importance of Analysing Hotel Data Hotel data encompasses various information, from guest bookings and preferences to revenue figures and occupancy rates. 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.

Guest Satisfaction 130

Guest Satisfaction Book Pricing Reservations 130

STAAH

JANUARY 22, 2024

The Malaysian resort turned to STAAH to resolve its connectivity challenges and saw an immediate increase in bookings once connected. Connectivity challenges Prior to STAAH managing connections with multiple OTAs, ensuring correct inventory allotment and rates was challenging. Everything you’d expect from a Malaysian beach resort.

Book 86

Book Reservations Property Management Pricing 86

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.

Property Management 222

Property Management Training Special Events Guest Satisfaction 222

STAAH

JUNE 6, 2023

A hotel booking engine is a crucial tool for hotels and accommodation providers in today’s time. If you are a smart hotelier or any type of accommodation provider, you would not want to miss the chance of converting your website visitors from an OTA (or any other source) and bag the commission-free direct bookings.

Book 72

Book Pricing Blog Guest Satisfaction 72

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 Book Marketing 59

STAAH

APRIL 11, 2023

The integration brings two of the hospitality industry’s key service providers closer together and has simplified access to vital pricing intelligence, for joint customers. OTA Insight’s team of international experts supports more than 60,000 properties in 185 countries.

Pricing 85

Pricing Property Management Marketing Information 85

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. In conclusion, a cloud-based property management system has multiple advantages over the traditional approach.

Property Management 224

Property Management Book Catering Reservations 224

InnQuest

SEPTEMBER 12, 2023

This includes advertising, promotions, pricing strategies and partnerships with travel agencies and online booking platforms. Human Resource Management: Managing the hotel’s workforce is essential. Effective revenue management is crucial to optimize room rates, occupancy levels, and overall revenue.

Maintenance 220

Maintenance Guest Satisfaction POS Systems Housekeeping 220

SiteMinder

MARCH 13, 2024

What is a hotel booking app? A hotel booking app is an application or website that travellers use to book a stay at a hotel. Often travellers will use apps via their mobile devices to research, book, and pay for hotel accommodation. Table of contents Why should you be aware of the best hotel booking apps?

Book 78

Book Reservations Blog Housekeeping 78

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

APRIL 9, 2024

Focus on Direct Bookings: Direct bookings are the “cheapest” room bookings, coming in without any commission or fees. Encourage guests to book directly through your website by offering exclusive perks and personalized experiences. Digital marketing is your way to get new, loyal guests that book directly.

Book 102

Book Reservations Article Marketing 102

STAAH

APRIL 2, 2024

Effective revenue management provides hoteliers with a clear roadmap for pricing and optimisation, while acting as a gauge to measure success. What is a Revenue Management Solution for Hotels? Revenue Management Systems (RMS) for hotels are advanced tools that use analytics and pricing strategies to boost revenue.

Pricing 80

Pricing Book Property Management Marketing 80

Revenue Hub

NOVEMBER 23, 2022

Eighty-three percent of US travelers would rather book online, but that leaves approximately a fifth who would not. However, not all customers who call are ready to book. A phone call is a prime opportunity to make a direct booking and strengthen the customer relationship, so staff need to handle phone enquiries with finesse.

Book 80

Book Reservations Property Management Article 80

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 Property Management 224

InnQuest

OCTOBER 28, 2022

Besides, independent hotel owners and hotel chains are also struggling to stay profitable due to a substantial rise in prices for food and essential commodities, a hike in energy prices and labour shortages. After all, with such a high cost of living, raising prices cannot be the solution to all problems. .

Pricing 218

Pricing Property Management Definition Information 218

SiteMinder

OCTOBER 15, 2023

What are booking channels? Booking channels are platforms by which your hotel can accept reservations online or offline. Examples of booking channels include your own website, online travel agents like Booking.com, metasearch sites like Google, traditional travel agencies, global distribution systems (GDS), and more.

Book 59

Book Travel and Tourism Reservations Blog 59

Lodging Magazine

APRIL 15, 2024

TYSONS, Virginia—Cvent and Maestro PMS announced an integration between Cvent’s room block management system, Cvent Passkey, and Maestro’s leading all-in-one property management system solution. For […] The post Cvent Passkey to Integrate With Maestro’s PMS Solution appeared first on LODGING Magazine.

Property Management 69

Property Management Pricing Magazine Book 69

InnQuest

APRIL 5, 2023

Anyone who has worked in the hospitality industry for a few years would enthusiastically attest to the importance of yield management in hotels, particularly in hotel revenue management. Before delving into the benefits of yield management in the hotel industry, it is essential to understand what it means.

Pricing 220

Pricing Book Blog Marketing 220

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

Revenue Hub

APRIL 21, 2023

Direct hotel bookings are reservations that a guest makes directly with a property. NB: This is an article from Fuel Travel A direct booking is made with the hotel itself, rather than via a third-party such as an online travel agent, meta-search site, a managed travel service, or similar.

Book 70

Book Reservations Article Property Management 70

InnQuest

OCTOBER 3, 2023

Real-time Updates: Thereafter, integration with property management system s (PMS) provides real-time updates on room availability and pricing. These insights inform pricing and marketing strategies, optimizing revenue management. These options include credit cards, mobile payments and digital wallets.

Guest Satisfaction 221

Guest Satisfaction Information Property Management Blog 221

InnQuest

OCTOBER 11, 2023

This platform stands out with its intuitive website and app, making it easy to find and book hotels, vacation rentals and even flights. Booking Flexibility: Look for options that allow changes or cancellations. Book a demonstration of our award-winning hotel management software here.

Information 220

Information Book Blog Pricing 220

InnQuest

JUNE 6, 2023

Emergence of alternative lodging options: Firstly, it is clear that OTAs have become an integral part of the travel and hospitality industry, providing a convenient and efficient platform for travellers to book accommodations and experiences. To learn about hotel pricing strategies to boost revenue in 2023, read this.

Travel and Tourism 131

Travel and Tourism Book Blog Pricing 131

InnQuest

JANUARY 5, 2023

Hence, adopting contactless technology at your property can go a long way for your business. InnQuest’s cloud-based property management software is known to streamline hotel operations, boost efficiency and enhance guest experience in 2023. Book a demonstration of our award-wi nning hotel management software here.

Travel and Tourism 223

Travel and Tourism Property Management Blog Book 223

STAAH

FEBRUARY 5, 2023

Hompton by the Beach Penang has managed to dramatically reduce manual admin while boosting bookings and revenue after adopting the STAAH channel manager. From manual updates to system integration Hompton by the Beach had a problem not alien to a number of small to mid-sized properties.

Book 77

Book Reservations Property Management Training 77

Hotelogix

JANUARY 27, 2024

It helps hoteliers manage everything, especially various service areas like restaurants, bars, spas, or gift shops within their properties. It differs from a Property Management System (PMS), which focuses on hotel operations like room bookings, guest check-ins/outs, and housekeeping management.

POS Systems 147

POS Systems Property Management Housekeeping Information 147

Hotelogix

JANUARY 30, 2024

Source of Business Report This report provides detailed insights into every source of business your hotel receives, including walk-ins, direct bookings through your brand website, and indirect bookings via Online Travel Agencies (OTAs) and Travel Agents (TAs). Benefits of these reports Here they are. So what's the solution?

Housekeeping 147

Housekeeping Reservations Budgeting Book 147

InnQuest

FEBRUARY 1, 2023

This can be done by: Implementing energy-efficient measures Using eco-friendly products Promoting recycling and composting Be Where Your Audience Is A significant development that hotel managers need to be aware of is the rise of online booking and review platforms. Learn more about us here.

Pricing 221

Pricing Book Information Budgeting 221

Revenue Hub

SEPTEMBER 11, 2023

Efficient inventory management tools can lead to cost savings by preventing wastage of resources, reducing overstocking of perishable items and minimizing the need for last-minute purchasing at higher prices. Dynamic Pricing Strategies: Implement dynamic pricing to adapt room rates to real-time demand fluctuations.

Pricing 104

Pricing Guest Satisfaction Article Book 104

InnQuest

SEPTEMBER 28, 2022

Key Pillars of a Guest-centric Cloud Property Management System. When it comes to producing a top-notch guest experience, your hotel management system is your best asset. InnQuest’s award-winning hotel management software is known to simplify operations, boost revenue and support business growth. To Wrap It Up.

Property Management 130

Property Management Catering Housekeeping Maintenance 130

STAAH

JANUARY 16, 2024

A few small but powerful tweaks to your overall pricing strategy can make a dent to your revenue. Attractively pricing these or combining with room booking to create packages can bump up your revenue quickly. Switch to dynamic pricing. It is great to be fully booked. Use day of the week pricing.

Pricing 84

Pricing Book Reservations Training 84

STAAH

APRIL 28, 2024

On dates that the hotel books out faster than expected, closing out channels is easy. Even multiple rate changes can be managed in a few clicks. In fact the hotel now relies on STAAH’s insights to inform its pricing strategy. Updates can even be made by staff while on the move through STAAH’s mobile app.

Definition 90

Definition Book Property Management Training 90