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What is a Channel Manager?

Our previous blog articles have been discussing on hotel Property Management System (PMS). In order for a hotel PMS to operate smoothly and effectively, it needs a specialized integration. According to Revfine.com, an online magazine for the hotel, hospitality, and travel industry, a hotel PMS Software should have the following integration:

  • Channel Managers
  • Check-in Apps
  • Revenue Management Software
  • Reputation Management Systems
  • Marketing Software
  • Key Card Systems
  • Energy Management Systems
  • Point of Sale Software
  • Entertainment Systems
  • Payment Systems
  • Business Analytics Software

The way you manage your distribution determines how profitable your hotel business is. It’s an important thing to ensure that your rooms are reachable for your prospective guests. Make your rooms visible! This is why a hotel must have Channel Manager software for a strong distribution strategy. In this article, we will discuss what a Channel Manager is and the importance of its integration with PMS.

 

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Hotel Overbooking Strategies

As a part of a hotel’s revenue management strategy, overbooking has its pros and cons. While overbooking in the perspectives of a hotel industry aid in maximizing occupancy and revenue, it can also negatively ruin your brand causes a financial loss if it does not have a strategically planned. 

Early check-outs, no-shows, and cancellations contribute to hotel losses while walk-in guests and those who overstay increase its revenue. These are the reasons hotels overbook, to minimize losses and maximize revenue.

 

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Overbooking, How To Solve, Pros and Cons?

Overbooking is a situation where your total room available reserve is less than the number of the room had been book for sales on the same period.

In other words, your room's vacancy had achieved 100% reservation. Overbooking for hotels is a revenue management strategy that helps to maximize the total capacity and increase the Room revenue. Read More