Simply put, hotel rate parity is the system of sustaining unvarying prices across all your channels whether it's through OTAs or commissions.
It may seem simple enough, but hotels big and small have encountered difficulties in this area of managing their business. In this article, we'll be giving you a few tips and tricks on how to avoid those mistakes and make sure your direct bookings are always at par with other channels.
Most OTAs require hotel rate parity however, some of them lower their commissions in order to be able to sell rooms at a lower rate. Make sure that all clauses are covered and that no small details are overlooked in your hotel's contract when it comes to rates and adjustments.
Get yourself a channel manager; a channel manager is a software that allows you to monitor and synchronize all your room rates in all your platforms. This also updates availability thus avoiding overbookings.
User experience is one of the most important factors in getting guests to choose direct bookings over OTAs. Guests want a smooth experience that is secure and convenient.
Get yourself a channel manager; a channel manager is a software that allows you to monitor and synchronize all your room rates in all your platforms. This also updates availability thus avoiding overbookings.
User experience is one of the most important factors in getting guests to choose direct bookings over OTAs. Guests want a smooth experience that is secure and convenient.
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to discuss how your hotel or resort can increase its direct bookings and reduce its OTA commissions.
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