Saturday, January 23, 2021
Submit Post
  • About
  • Advertise
  • Careers
  • Contact
Strong Article
  • Home
  • News
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Login
No Result
View All Result
Strong Article
ADVERTISEMENT

5 Reasons to Use Channel Manager

Rahul Sharma by Rahul Sharma
2 years ago
in Business
0
0
SHARES
35
VIEWS
Share on FacebookShare on Twitter

Before you delve into the benefits of a channel manager, it is better to understand the purpose for which the software is used. Hotels, in trying to get more bookings, are associating themselves with 3rd party booking channels such Online Travel Agencies (OTAs). This helps your hotel get more exposure and bring in more bookings. But as the time passes, performing tasks such as updating the bookings, changing the rates, etc. on different platforms can become a time-consuming affair. This is where the channel manager software comes in. This powerful little software can help automate most of the tasks, thus helping you save time and money.

Why go for a Channel Manager for Hotel Bookings?

Related posts

Rub Company Methods for Having a Successful Rub Therapy Company

Rub Company Methods for Having a Successful Rub Therapy Company

December 30, 2020
How to find the best locksmith services

How to find the best locksmith services

December 2, 2020

The prime factors that dictate the ROI of your hotel business is room availability and rates. Managing the optimum level of rates and occupancy is an essentiality which falls under your domain and is a continuous process. Therefore, it becomes necessary to evaluate the number of efforts, energy, time and money that is dedicated to maintenance of these things. Getting a channel manager to automate such tasks can ease your responsibility on this front. To further illustrate the usefulness of the software, here are 5 reasons why you should be using a channel manager: –

Manage Booking Channels

If you want your hotel to have high occupancy rates, it is best that you use multi-channel booking. With such an approach, you will not be dependent on limited booking sources. The more sources of booking you have the better it is for your business. Using a channel manager will help you access hundreds of connected channels; it will act as a bridge between your hotel and the booking platforms, helping you manage them.

Single Dashboard for Everything

Inventory management can become a hassle, but with a channel manager you can easily manage inventory through a single dashboard. For channel manager software, you a get a single dashboard that gives you an overview of availability of rooms and rates that are distributed on all connected channels. It also helps you minimise human intervention with the system; you can easily post and manage precise room rates and inventory allocation with minimal effort. You can post restrictions, inclusions, rates on different OTAs, etc. from a single place.

Saves Time

Without the channel manager software, inventory and rate distribution across different channels is a do-it-yourself task. In such cases, chances of error are high as you can miss something or have instances like double booking, wrong updates, etc. Correcting the mistake can take even longer. Having a channel manager can help you get rid of all this hassle. The software will not make mistakes that most humans make, like failing to update logs, overbooking, inventory and rates not being synced, etc.  

Minimize Over-Bookings and Under-Bookings

Channel manager software has several in-built mechanisms that can help you prevent overbookings and under-bookings. Sometimes due to a technical or human error, you might end up receiving more bookings than the rooms available or there might be chances that you can’t even get bookings to the fullest capacity. Both these situations can be effectively handled by channel manager as it can help keep a tab on updates sent to OTAs and their statuses.

Easy Rate Parity Maintenance

You might want to give out rooms at discounted rates or something similar. This becomes easy with channel manager system. The software makes sure that any changes that you make on the system are updated across all platforms in real-time. This leaves no room for error, helping you avoid rate disparity across different platforms.

Leads to Efficiency

If you are using channel manager, you can use it to sell the right room at the right time. Due to high/low occupancy at your hotel, the software will either hike up or slash down room rates to sell all vacant rooms for you. This will increase efficiency as you will have enough time at hand to attend to the guests already staying in your property.

Using a channel manager connects your hotel with multiple booking channels. You can even integrate it with the hotel PMS or booking engine to operate on live inventory at any given point in time. Just remember, without channel manager, you will have to update all your calendars with live rates and occupancy daily, face the constant concern of overbooking or missed bookings, and repeating the same time-consuming tasks everyday. This, in many instances, leads to loss of potential revenue. But with a channel manager, you will be free to interact with the guests and ask their well-being, automate recurring operations, thus helping save time and ensure higher profit in the long run.

Tags: Channel Manager
Previous Post

Parkinson’s and How it Affects Mobility

Next Post

Picking The Right Commercial Refrigerator For Your Company

Next Post
Picking The Right Commercial Refrigerator For Your Company

Picking The Right Commercial Refrigerator For Your Company

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Symbol Mattress Reviews

Symbol Mattress Reviews

1 year ago

What Is Covered In The GMAT Syllabus?

2 years ago
Altai Horses: The World’s Oldest And Toughest Horses

Altai Horses: The World’s Oldest And Toughest Horses

1 year ago

Everything you need to know

2 years ago

FOLLOW US

  • 2.1k Fans
  • 79 Followers
  • 32.9k Followers
  • 54.6k Subscribers

BROWSE BY CATEGORIES

ADVERTISEMENT

BROWSE BY TOPICS

2018 League (18) auto (2) Balinese Culture (17) Bali United (18) brother (1) Budget Travel (18) business (2) Car (2) cash from (1) Champions League (17) Chopper Bike (18) clothes (2) Data is the future (2) delhi (1) Doctor Terawan (17) easy to read. (1) Fashion (2) future (2) german (1) german shepherd price delhi (1) happy friendship day cakes online (1) Health (3) high-quality custom written essay (1) Istana Negara (19) Lifestyle (3) link building (2) loan (2) Market Stories (18) Miami Flood Cleanup (2) nation 21 loans. (1) National Exam (18) news (3) Proper Taxation (1) Research Analysis (1) SAPUI5 (1) SAP UI5 Interview Questions (1) scams (1) sending friendship day gifts (1) shepherd (1) Taxation (2) Tips (9) Travel (3) Visit Bali (18) Writing (2) you are a credit risk. (1)
ADVERTISEMENT

POPULAR NEWS

  • GOLD CHAIN MODELS FOR LADIES

    0 shares
    Share 0 Tweet 0
  • Recommended WordPress Web Hosting

    1 shares
    Share 0 Tweet 0
  • Air Conditioners Company To Raise Performance

    0 shares
    Share 0 Tweet 0
  • Where Did Adirondack Chairs Originate?

    0 shares
    Share 0 Tweet 0
  • How to choose your Adirondack plastic chairs

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT

Strong Article is an ultimate website news portal covering most happening news across the World.

Contact us: mubeenh782@gmail.com

Follow us on social media:

Recent News

  • A Beginner’s Guide to Creating Promotional Videos for Your Online Store
  • Have Yourself a Merry Little “CBD Spiked Smoothie”
  • Rub Company Methods for Having a Successful Rub Therapy Company

Category

  • Business
  • Culture
  • Education
  • financial
  • Game
  • Health
  • Home Improvement
  • Lifestyle
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Travel
  • Uncategorized
  • Video Game

Recent News

A Beginner’s Guide to Creating Promotional Videos for Your Online Store

A Beginner’s Guide to Creating Promotional Videos for Your Online Store

January 20, 2021
Have Yourself a Merry Little “CBD Spiked Smoothie”

Have Yourself a Merry Little “CBD Spiked Smoothie”

December 31, 2020
  • About
  • Advertise
  • Careers
  • Contact

Copyright ©2016 . All rights reserved. Strong Article News

No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel
  • Opinion

Copyright ©2016 . All rights reserved. Strong Article News

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Create New Account!

Sign Up with Facebook
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?