BookingSuite Traveler Trends Report: The Decision Stage

This is the third and final installment of our 2016 BookingSuite Traveler Trends report which explores current trends in online booking behavior. The series also addresses how our property partners can adapt to the contemporary booker’s needs. In the last chapter of our trends report, we’ll discuss how you can influence travelers in the final stage of […]


BookingSuite Report: Trends in Traveler Research

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This is the second in a three-part series exploring current trends in online booking behavior. The series also addresses how our property partners can adapt to the contemporary booker’s needs. Check back weekly for each new installment. Part II: The Research Stage Traveler’s mindset: brand agnostic, information-hungry Travelers approach hotel brands with a degree of […]


How Rate Shopping Propels Revenue Strategy

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Your relationship to local competition is as unique as your property itself. Some revenue and property managers work closely with other accommodations in the area to keep tabs on availability, occupancy, and pricing. This cooperation usually involves tight business relationships and a good amount of trust. More often, however, revenue managers need to perform diligent […]


The Active Rate Shopping Advantage

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Rate shopping is a fundamental part of any revenue management strategy. Revenue managers track the competition’s pricing in meticulous detail—a daunting task. The complexity of the competitive landscape often turns rate shopping into a reactive pursuit, a mad scramble across direct channels, OTAs, and other outlets to retrieve quick, yet accurate information. It doesn’t have […]


Revenue Management FAQs

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BookingSuite loves answering questions. After all, it’s our job to make complicated things simple. In this installment of our FAQ series, we dive into the topic of revenue management. Q: What is revenue management? A: Businesses are meant to make money. However, revenue doesn’t grow by accident. In the lodging industry, revenue management is the strategic […]