coins being added to a glass jar with the shoot of a plant growing from the top reflecting how cost based pricing ensures if hotels sell their rooms then that are guaranteed to make a profit

Grow Hotel Profits with These Winning Revenue Management Practices

Revenue management is a complex discipline. When practiced fully, it reduces bottom-line drainers such as spillage, spoilage, or overbooking

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Tips to Avoid Overbooking in Your Hotel

Overbooking can greatly impact your hotel’s reputation and bottom line but you can avoid financial losses and mitigate the risks

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person sitting near an old piece of technology reflecting how hotel revenue management has evolved or needs to evolve

Traditional Revenue Management is Outdated, Reinvent Approach

The demise of traditional revenue management is a reality we can’t ignore. To thrive in today’s competitive industry, you must adapt or face consequences

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Managing Hotel Overbookings and Cancellations

Discover how hoteliers can optimize room bookings, tackle overbookings, and minimize revenue losses due to cancellations

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How To Avoid Overbooking In the Hotel Industry

Avoiding overbooking in the hotel industry is a delicate balancing act that requires careful planning, data analysis and strategic decision-making

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two receptionists at hotel front office with one guest checking in and another on the phone illustrating the potential impact on hotel revenue of early check in and late check out

Is an Overbooking Strategy Right for Your Property?

While for some hoteliers it’s best to avoid overbooking altogether, for others, a good strategy can increase revenue and improve occupancy

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How Can You Make The Most Of An Overbooking Strategy?

You can minimise the risk of having to walk travellers if you have a solid overbooking strategy; this can help you get the most out of overselling

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increasing coins under monopoly hotel pieces reflecting why it is so important hotels further embrace ancillary revenue opportunities to drive greater profit

Successfully Overbooking Your Hotel And Why It’s Important

A hotel that doesn’t apply overbooking is losing a big chunk of profitable revenue, especially with the highest BAR rates usually being sold last

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Overbooking: The Good, The Bad, And The Ugly

Overbooking in hotels can be both good and bad, and it most certainly does get ugly, particularly with those on the receiving end of a nudge into another property or location

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Why is Overbooking Important for Hotels and How Your PMS Helps This

To ensure full occupancy, hotels are trying their best to deal with no-shows and cancellations. And this is where overbooking strategy for hotels plays a major role

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