The Caribbean island of Barbados is preparing for an onslaught.
29.08.2023 - 09:04 / traveldailynews.com / Vicky Karantzavelou
Recommends RateTiger Channel Manager for revenue management.
OMAN – Oman-based Muscat Express Hotel has experienced remarkable revenue growth by leveraging RateTiger Channel Manager and its innovative BAR Level feature. This groundbreaking feature has revolutionized the hotel’s revenue management strategy, leading to impressive results and positioning Muscat Express Hotel as a leader in the industry.
This hotel is delighted to welcome guests to a world of luxury and unparalleled hospitality in the heart of Muscat, Oman. It offers a haven of luxury and comfort for both business and leisure travelers seeking a memorable stay. This 3-star hotel showcases a collection of elegant and spacious rooms and suites well designed to provide ultimate comfort and relaxation.
Over the past year, the hotel has leveraged the benefits of RateTiger Channel Manager to streamline rate, inventory, and restriction management across all connected channels. This innovative solution allows the hotel to control its online presence through a centralized dashboard efficiently. Especially RateTiger’s BAR Level feature has become the cornerstone of this 3-star hotel’s revenue management approach. The hotel has optimized pricing strategies and maximizes revenue potential by dynamically adjusting room rates based on real-time market demand, competitor rates, and other crucial factors.
Moreover, the seamless integration of RateTiger Channel Manager with the PMS has streamlined operations and eliminated manual errors. By updating rates and inventory across various distribution channels simultaneously, Muscat Express Hotel ensures consistency and accuracy, saving valuable time for the reservation team. Leveraging this feature, the hotel can now set rates dynamically to capitalize on peak demand periods and adjust them during low-demand periods to attract more bookings. This flexibility has proven to be a game-changer for the hotel’s success.
The positive impact of the BAR Level feature on Muscat Express Hotel’s revenue has been remarkable. The hotel’s RevPAR has experienced significant growth, while direct bookings have surged, reducing reliance on OTAs.
“We have witnessed an increase in revenue since using this feature. Our reservation team sometimes hesitates to make rate changes, particularly during late hours, but with the automated system following instructions and logic, we can make confident decisions that benefit our business. The feature has significantly reduced our manual effort. Proper rate management maximizes revenue and helps us maintain our reputation. In our 3-star hotel with limited human resources, the feature has minimized the workload. What used to take us 3 to 4 hours to manage prices now only takes 15 to 20
The Caribbean island of Barbados is preparing for an onslaught.
Hotel occupancy and room rates have bounced back to pre-pandemic numbers, primarily due to the soaring demand for the G20 Summitto be held in New Delhi on September 9 to 10.
Sandals Resorts International (SRI), parent company of Sandals Resorts and Beaches Resorts, took home 13 awards at the 30th Annual World Travel Awards Caribbean & The Americas Gala Ceremony on August 26th.
More than $30 million committed to help unlock paths to hotel ownership.
CCCVB is dedicated to promoting Cabarrus County as a visitor destination and enhancing the complete visitor experience.
Hotel Indigo Guadalajara Expo draws on its rich cultural background to create an authentic neighborhood stay experience for guests.
Accor, the Paris-based hotel giant, said on Tuesday that Omer Acar will head its brands Raffles & Orient Express as of March 1. Acar will join Accor’s other brand CEOs in its luxury and lifestyle group (Fairmont, Sofitel & MGallery, and Ennismore) — all of whom report directly to group CEO Sébastian Bazin.
The non-air products that Amadeus offers are the closest to recovering to 2019 revenue levels.
The Walt Disney Corporation announced on Tuesday during its fourth quarter earnings call that its theme park division generated $7.42 billion worth of revenue, a division record and a 36 percent increase from the same period last year.
Several big-name hotel companies have entered 2023 with tech partnerships to modernize operations and services.
Hotels added 26,000 new jobs in the United States in November, a small increase from the previous month despite the overall strong job growth numbers for the U.S. economy, especially the leisure and hospitality industry.
Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.