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Hotels Benefit as Travelers Plan Further Ahead, Says Cloudbeds

Hospitality management platform Cloudbeds has found travellers were booking accommodation further in advance in 2023 across all regions, except in North America. The findings, revealed in Cloudbeds’ 2024 ‘State of Independent Lodging Report’, indicate that the average booking window – i.e. the number of days prior to arrival when travellers reserve a room – increased relative to the previous three years in Europe, LATAM and the Asia-Pacific region.
United States Adam Harris Asia Pacific Solutions Provider World Best Hotel Hotel Tech

Could Using Algorithms To Set Hotel Rates Become Illegal?

Here’s the scenario: Imagine you run a lodging business and the news just dropped. Taylor Swift is coming to town! A surge of Swifties are impending. Your competitors are already upping their nightly rates. You’ve got roughly half an hour to decide what average daily rate ought to be for your soon-to-be-sold-out room inventory. Your average revenue management platform can make an algorithmic guess on what you ought to charge, based upon historical data plus whatever information other users o...
United States Shawn Walchef Taylor Swift National Association Of Realtors Hotel Tech Us Federal Trade Commission

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Cloudbeds and IDeaS Forge Innovative Partnership to Deliver an Integrated Revenue and Hospitality Management Solution

Article - Cloudbeds and IDeaS Forge Innovative Partnership to Deliver an Integrated Revenue and Hospitality Management Solution - The collaboration will combine IDeaS latest revenue management solution with Cloudbeds innovative hospitality management platform. The result will deliver a simple, yet powerful solution to enable thousands of independent hotel operators worldwide to reap the revenue benefits of automated dynamic pricing in an increasingly complex and competitive market.
Adam Harris Sanjay Nagalia Hotel Tech World Best Hotel Hotel Management System Deloitte Technology Fast

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