Hotel Channel Manager – Incorporate Channel Manager for your Hotel. Several benefits for your entire business

 

What is a Hotel Channel Manager?

 

A Hotel Channel Manager is a software tool or system that enables hotel businesses to effectively manage and distribute their room inventory across multiple online distribution channels in one location. It acts as a bridge between the hotel's property management system (PMS) and various online travel agencies (OTAs), global distribution systems (GDS), and other booking platforms.

A hotel channel manager is an application used by hotels and other accommodation providers to simplify the management of their distribution channels. It helps them reach a wider audience, increase bookings, and optimize revenue by linking their property to multiple online travel agencies (OTAs), metasearch engines, and other booking platforms.

A hotel channel manager lets hoteliers efficiently update rates, accessibility, and inventory across multiple channels from a centralized platform, ensuring consistency and reducing the risk of overbooking.

 

How does a channel manager work for hotels? 

 

Here's an overview of how a hotel channel manager works:

 

1. Integration with Property Management System (PMS):

 

• The hotel channel manager incorporates the hotel's PMS, which serves as the central hub to organize room inventory, rates, and reservations.

• The PMS provides the channel manager with real-time information about room availability, rates, and other relevant data.

 

2. Connect to Online Booking Channels:

 

• The channel manager connects to several online booking channels, including the hotel's website, metasearch engines, Global Distribution Systems (GDS), and Online Travel Agencies (OTAs).

• Popular OTAs like Booking.com, Expedia, Agoda, and others are frequently integrated with channel managers.

• The channel manager sets a two-way connection with these channels, allowing data synchronization.

 

3. Managing Rates and Availability:

 

• The channel manager receives updates on room rates and availability from the hotelier via the PMS.

• Real-time updates on prices and availability are distributed to all connected channels by the channel manager.

• When a booking is made via any channel, the channel manager immediately updates the inventory across all channels to prevent overbooking.

 

4. Centralized Inventory Management:

 

• The channel manager provides a centralized platform for managing room inventory throughout all channels.

• It lets hoteliers allocate a certain number of rooms to different channels based on demand and distribution strategies.

• The channel manager guarantees that the total inventory remains accurate and consistent across all channels, even when bookings are made.

 

5. Automatic Reservation Retrieval:

 

• When a guest makes a booking through any channel, the channel manager obtains the booking details and updates the PMS.

• The PMS is immediately updated with the new booking, and the room availability is adjusted consequently

• This automation prevents the need for manual data entry and reduces the risk of errors.

 

6. Reporting and Analytics:

 

• Hotel channel managers frequently provide reporting and analytics features to track performance across various channels.

• Hoteliers can monitor bookings, occupancy rates, revenue, and other key metrics to make informed decisions and maximize their distribution strategy.

 

7. Channel Performance Optimization: 

 

• With a channel manager, hoteliers can examine the performance of various booking channels and make data-driven decisions.

• They can determine high-performing channels, adjust rates and availability based on demand, and allocate inventory effectively to maximize revenue.

 

8. Updates and Integrations: 

 

• Hotel channel managers constantly update their systems to stay compatible with evolving industry standards and changes in online distribution platforms.

• They may also offer integrations with additional resources, such as revenue management systems, property websites, or online reputation management platforms, to simplify operations further.

 

Why channel management software is so important and useful for hotels?

 

If you're a hotel provider, you'd like to maximize your hotel bookings by distributing your rooms through multiple online travel agents (OTAs). However managing availability and rates across numerous channels manually can be a difficult task at this time; Hotel Channel Manager is the right solution for your business.

Integration with channel managers is not just beneficial, but also valuable for travel agents and companies. You will increase hotel revenue and have better room inventory distribution with the assistance of a channel manager.

Hotel channel managers are becoming an increasingly beneficial resource for hotel chains and hoteliers to improve revenue, engage a wider audience, and simplify their distribution strategy.

When a guest books through any website, the Hotel Channel Manager Integration instantly adjusts the pricing and availability of hotel rooms across all connected channels, lowering the risk of overbooking.

It has sophisticated features including price parity, real-time availability and rate updates, dynamic hotel inventory distribution, two-way integration, real-time hotel booking audit, and the ability to offer rooms on several online booking sites (channels) simultaneously.

By incorporating a Hotel Channel Manager, hotel owners can easily get their hotel room accessibility and rates listed across multiple Online Travel Agents (OTAs) and expand hotel visibility online.

 

Here is the list of reasons why a Hotel Channel Manager is essential for hotel:

 

1. Easily Add More Booking Channels

 

Following a multi-channel booking approach is essential for hotel revenue generation. Having several channels could assist your business in becoming more secure and diversified in its distribution network. With the assistance of a channel manager, you can add various booking channels to your toolkit and gain access to more revenue sources.

A hotel channel manager can help enhance the revenue of the hotel, provide wider distribution options, generate demand for your hotels, generate revenue, and in turn, make the hotel business lucrative.

 

2. Single Platform For Inventory And Rate Management

 

On a channel manager, you have one dashboard where you can adjust the availability of rooms and the rates of multiple properties and multiple room types. You can change rates with minimal effort. This ensures rate parity as well since you can now assist ASAP when the rates on different OTAs differ.

You can easily adjust restrictions, and inclusions and process new modified, and canceled bookings at the same time. Additionally, you can use a single platform to manage multiple properties.

 

3. Minimizes Under Bookings and Over Bookings

 

Investing in a hotel channel manager is the best way to stop overbookings and under-bookings. The channel manager will notify you when the entire inventory on the platform is booked. 

Thus, you will be easily able to keep track. You will also get to know the performance of each channel. The hotelier can then distribute the inventory accordingly.

 

4. Effortless Rate Parity Maintenance

 

One of the most important aspects of hotel revenue management is ensuring rate parity. The rates will be automatically managed on your behalf by a channel manager. This way, you can avoid rate disparity on booking channels.

 

Why choose Trawex for Hotel Channel Manager Integration?

 

Trawex is a leading Travel Software Development Company that integrates the best Hotel Channel Managers for hotel operators to help them sell hotel rooms via online distribution channels and boost hotel bookings.

Hotel Channel Manager Integration via Trawex allows hotel operators to automate and update the hotel availability and rates in real-time and share booking data with your property management system.

Our professional team has expertise in Hotel Channel Manager Integration by connecting multiple Hotel Channel Managers for Hotels.

Trawex connects to the industry-leading Hotel Channel Managers such as Siteminder Channel Manager, Rategain Channel Manager, Phobs Channel Manager, Derbysoft Channel Manager, RateTiger Channel Manager, and more.

 

Features of Channel Manager System:

 

Auto updates and seamless communication: The channel manager system is programmed to auto-update the booking, amendment, and cancellation seamlessly to all channels and OTA, which simplifies your inventory tracking concern, especially overbooking.

Real-time Distribution: With a Channel Manager, hoteliers can seamlessly distribute their room inventory to multiple OTAs and booking platforms in real-time. By doing this, the hotel increases its online visibility and expands its reach, increasing its chances of getting bookings from various sources. 

Reservation Manager: Channel Manager offers a stand-alone booking report module that lets you keep track of all of your bookings and further filter them using various criteria. Moreover, you can integrate it with accounting software to generate a direct sales report.

Centralized inventory management: A channel manager streamlines the process of managing room inventory across multiple booking platforms. It automatically updates room availability, rates, and restrictions across all connected channels, reducing the need for manual updates while decreasing the risk of overbooking or double-booking.

Real-time updates: The software synchronizes data in real time, guaranteeing any changes made to room rates, inventory, or restrictions are instantly reflected across all channels. This helps hoteliers respond quickly to market changes and maximize revenue opportunities.

Rate management: Channel managers enable hoteliers to set up and manage pricing strategies across multiple channels. They can create and apply different rate plans, promotions, and discounts to attract diverse customer segments and increase bookings.

Performance Analytics: Many channel managers provide built-in analytics tools that help hoteliers track their performance throughout different channels. By analyzing data such as booking trends, channel performance, and revenue, hoteliers can make informed decisions about their distribution strategies.

Enhanced revenue management: Channel managers can assist you in maximizing your hotel revenue management strategies by giving you access to real-time data and analytics. You can adjust availability and price based on demand, competition, and other factors to maximize revenue opportunities.

Time and cost savings: Streamlining and centralizing key processes with a channel manager can reduce manual effort, minimize errors, and save time. This allows your employees to focus on other important tasks, such as guest service and property management.

Efficient Updates and Notifications: A Channel Manager enables hotels to automatically update rates, availability, and restrictions across channels, saving time and reducing human errors. It also provides alerts and notifications for any synchronization issues or discrepancies, allowing quick resolution.

Expanded market reach: Building connections with various distribution channels, including online travel agencies, metasearch engines, and direct booking platforms, can enhance your property's online presence and expand its customer base. This can lead to more bookings and higher occupancy rates.

Property management system (PMS) integration: Channel managers often integrate with PMS, allowing seamless communication between the two systems. This integration allows for automatic updates on reservations, guest information, and billing, resulting in better overall efficiency and a better guest experience.

Improved revenue management: Channel managers can assist you in maximizing your hotel revenue management strategies by giving you access to real-time data and analytics. You can adjust pricing and availability based on demand, competition, and other factors to maximize revenue opportunities.

Time and cost savings: Automating and centralizing key processes with a channel manager can reduce manual effort, minimize errors, and save time. This allows your employees to focus on other important tasks, such as guest service and property management.

 

Benefits of Hotel Channel Manager:

 

• Real-time Hotel Inventory: Across all OTAs, update hotel room availability and rates immediately.

• Hotel Bookings Management: Get an overview of every hotel reservation, both confirmed and canceled, from several OTAs in one location.

• Advance Price Rate Planning: Best hotel channel manager with the best revenue strategy to manage different season hotel rates.

• Eliminate Double Bookings: By utilizing the Hotel Channel Manager, both booking agents and hotel guests could instantly check the availability of rooms, thereby removing the chance of duplicate bookings.

• Increased Online Visibility: By enabling hotels to update their inventory on major online travel agencies (OTAs) and booking channels, hotel channel managers help to increase their online visibility in the global market and generate hotel revenues.

• Connect with multiple channels: With this hotel channel management software, hotels can directly connect with Online Travel Agencies, Retail Travel Agencies, and Global Distribution Systems.

 

Which popular Channel Managers are connected with Trawex?

 

If you’re looking for a Hotel Channel Manager, Trawex is the best travel technology company for you that offers the best hotel channel manager for your travel portal. Trawex offers the connection to 40 Channel Managers with a global footprint.

 

Rategain Channel Manager:

 

Trawex provides the best Channel Manager Integration with Rategain Channel Manager. With this tool, rates and inventory can be distributed across over 1500 channels. With over a decade of experience, Rategain manages billions of ARI updates and millions of reservations annually. 

With access to more than 250,000 Hotels, it streamlines mapping and customer support for easier distribution. Travel companies can discover and connect with hotel content effortlessly to boost their revenue.   

Trawex integration with RateGain Channel Manager lets travel agents distribute room availability and rates to numerous channels and maximize online exposure for better occupancy and hotel booking revenues.

 

Phobs Channel Manager

 

Trawex provides the best Channel Manager Integration with Phobs Channel Manager. Trawex has integrated with PHOBS Channel Manager to offer the hospitality sector a high-end performance solution that is responsive and adaptable. Our integration with PHOBS Channel Manager makes it simpler for travel businesses to manage availability and rates on all online travel agency platforms.

 

Derbysoft Channel Manager

 

DerbySoft, an established channel manager, operates 240,000 hotels worldwide. They have 750+ global links and more than 400 integrated partners. Distributors and suppliers of all sizes can use DerbySoft's Streamlined Connectivity to connect with over 750 partners.   

With Streamlined Connectivity, hotels, and travel companies can use the most advanced technology seamlessly and efficiently. Travel companies can benefit by partnering with DerbySoft to access content for a wide range of inventory and information through them. Trawex provides the best Channel Manager Integration with DerbySoft Channel Manager.

Our integration with DerbySoft Channel Manager lowers the risk of booking failures to improve customer experience and create new revenue streams. It also gives travel suppliers and companies direct access to room inventory, including rates, availability, property details, and amenities in real time.

 

Siteminder Channel Manager

 

SiteMinder is one of the world’s most powerful and smart hotel channel managers. It's used by over 33,000 hotel chains worldwide, both big and small. Their services include optimizing distribution and driving revenue across a broad spectrum of booking channels. More than 2 million bookings are made using SiteMinder annually, and over 35,000 hotels use it as well.   

Travel agencies can access travel information from all around the world by partnering with potent channel management like SiteMinder, which enables them to provide excellent inventory to their clients.  

Trawex provides the best Channel Manager Integration with Siteminder Channel Manager. Through the SiteMinder Channel Manager Integration, you will have the ability to disperse all your tours, activities, and attractions to your customers easily. SiteMinder Channel Manager Integration assists the hotels in gaining more tour and activity bookings.

 

RateTiger

 

RateTiger channel manager is a cloud-based solution that offers real-time channel connectivity. With over 450 distribution channels, such as global and regional OTAs, tour operators, GDS, and metasearch engines, it offers a wide range of distribution options.  

It delivers bookings from multiple OTAs directly to the hotel PMS. Their features such as an easy-to-use dashboard, hassle-free onboarding process, and multilingual customer support contribute to their popularity. Travel companies can serve their customers better with hotel content sourced through RateTiger.   

Trawex is a leading Travel Technology Company that provides the best RateTiger Channel Manager Integration for Travel agents, Online Travel Agencies, Tour Operators, Hoteliers, and Travel Management Companies.

Through our integration with RateTiger Channel Manager, travel agencies and hotel owners can enhance their online presence and revenue in the worldwide tourism sector.