Hotel Brokerage Advice on Channel Managers
Hotel channel managers are almost essential in today’s digital landscape. They are an immense help when it comes to organizing your online travel agency connections and reservation systems. If you’re just getting into the hotel business, you may be overwhelmed with the amount of information you have to learn. Today, our hotel brokerage breaks down hotel channel managers to make things a little easier for you.
What is a Hotel Channel Manager?
A hotel channel manager is a program that allows you to manage bookings of multiple online travel agencies. Chances are, you have your hotel listed on at least a few online travel agency websites. If you only have listings on one or two, it may be somewhat manageable, but if you have it on a variety of websites, it’s probably hard to keep track of the reservations. That’s the problem that hotel channel managers can solve. Even if you do just have your hotel listed on a couple of websites, our hotel brokerage still recommends a hotel channel manager. They have a ton of benefits that you may not have considered.
Benefits of a Hotel Channel Manager
The first, and most obvious benefit of hotel channel managers is that it organizes all of your listings on online travel agencies, so you don’t have to manually keep track. This saves you time, but it also saves you from potential problems like overbooking. Most hotel channel managers can seamlessly integrate with your current POS and reservation systems, so this is another huge benefit. They also keep track of rates for you, so you don’t have to go through every online travel agency and update your rates manually. You can simply input the rate you want to change it to, and the channel manager will change it across the web. Finally, they also offer metrics and reporting tools so you can keep track of your reservations and look at how much money is coming out of the online travel agencies. Our hotel brokerage can’t stress how much time – and money – a channel manager can save you. The convenience of channel managers can’t really be overstated, and it’s almost absolutely necessary in today’s industry.
Choose the Right Hotel Brokerage for Your Needs
If you’re looking to buy or sell a hotel, give our hotel brokerage a call. At Southeast International Hotel Brokers, we pride ourselves on our experience, incredible customer service, and dedication to customer satisfaction. Whether this is your first time buying or selling, or your tenth, you’ll appreciate our transparency throughout the sales process. For more information about our hotel brokerage and how we can help you, contact us today.