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Tag: Hotel Inventory Management

4 Easy Ways To Manage Revenue For Your Hotel
An important part of owning or working at a hotel is revenue management. Managing your revenue properly allows you to have a good understanding of your hotel’s opportunities and soft spots in your business. How can you achieve revenue and occupancy goals to ensure your property is performing at its best? Below, you’ll find key […]
11 Ways to Boost Hotel Occupancy
As a small hotel owner, you’re no stranger to the peaks and valleys of the travel industry. Filling your rooms every night may be a breeze during your busy season, but when your low season comes around, getting enough bookings to fill even half your rooms can feel about as easy as getting teeth pulled. […]
4 Simple Ways to Speed up Your Hotel’s Check-In & Checkout Process
Your guests’ check-in and check-out are essential to their customer journey. You want them to feel welcomed and taken care of upon arrival by providing a quick and easy check-in process. Similarly, a speedy check-out is just as vital if you want your visitors to have only positive memories and experiences at your hotel.
Benefits of Direct Bookings for Independent Hotels
Direct booking is a vital component of many independent hotels’ inventory distribution strategy. Here are some of the key benefits independents gain from direct booking: More control over the online guest experience Direct booking allows hoteliers to better control the online booking experience for their guests. With booking engine technology integrated into their website, hotel […]
The Pros and Cons of Overbooking Your Hotel
Overbooking is a strategic tool used by hoteliers to guard against leaving guestrooms vacant so they can maximize occupancy and revenue. While 100% occupancy is the ultimate reward, overbooking risks displacing guests and having to “walk” them another property at the hotel’s expense. Is overbooking worth the risk to your independent hotel? Let’s take a […]
Why more Travelers are Taking “Staycations”
“Going local” is one of the hottest concepts influencing consumer spending habits. More and more people are showing interest in eating locally-sourced foods, supporting neighborhood businesses and, to the benefit of independent hoteliers, spending their travel dollars close to home, otherwise known as taking “staycations.” And the great news for independent hotel operators is this […]
Give Your Guests more Reasons to Stay with Help from Your PMS
TripAdvisor, the world’s largest travel site, is a traveler’s ultimate go-to resource for planning the perfect trip. From insights on hotels, restaurants and attractions, TripAdvisor details countless destinations across the globe. Additionally, the site serves as an excellent tool for hospitality industry professionals. In their Top 13 tips for Special Offer success article, TripAdvisor provides […]