Hotel Channel Management Software: Features, Benefits, and Examples
Who uses the software:
Hotel Channel Management software is used by hoteliers, especially those who run multiple hotels or properties. It is also utilized by revenue management teams and online travel agencies. This software enables hoteliers to manage their hotel inventory and rates across various online distribution channels seamlessly.
Benefits of the software:
Using Hotel Channel Management software has several benefits. Firstly, it allows hoteliers to save time and reduce manual processes by automating rates and inventory updates. Secondly, it enables hoteliers to increase their revenue by providing real-time room availability information across various channels. Thirdly, it allows for easy management of multiple hotels across multiple channels, making it easier to manage all aspects of your hotel business in one platform.
Features of the software:
The core features of Hotel Channel Management software are inventory management, rate management, and distribution management. Inventory management allows hoteliers to control room availability across various channels, while rate management enables them to adjust pricing to maximize revenue. The distribution management feature lets hoteliers manage their hotel information on multiple online channels. Other features include performance analytics, reporting, and integrations with hotel property management systems.
5 examples of relevant software products:
1. SiteMinder (siteminder.com)
SiteMinder is a cloud-based hotel distribution platform that enables hoteliers to manage their online distribution channels conveniently. SiteMinder offers features like inventory management, rate management, and distribution management. Also, it integrates with over 400 hotel property management systems worldwide, making it easier for hoteliers to connect with multiple online distribution channels. One drawback is that SiteMinder is relatively expensive compared to its competitors.
2. CheKin (chekin.io)
CheKin is Spanish hotel management software focused on guest check-ins. The software allows hotel managers to automate the check-in process and manage guest information. CheKin integrates with various distribution channels and social media platforms, making it easier for hoteliers to manage their hotel data across multiple channels. However, CheKin is relatively new in the market, and there may be limited support in some regions.
3. Cloudbeds (cloudbeds.com)
Cloudbeds is an all-in-one hotel management software that offers various features like channel management, property management, and booking engine, all in one platform. It allows hoteliers to manage their hotel operations anywhere and anytime with their mobile app. Cloudbeds integrates with various third-party systems, and it also offers multi-language support. One limitation is that Cloudbeds may be too comprehensive and expensive for small hotels.
4. ResNexus (resnexus.com)
ResNexus is a cloud-based hotel management software that focuses on booking engine and property management. The software offers various features like automatic availability updates, online bookings, and revenue management. ResNexus offers various integrations with third-party systems, making it easier for hoteliers to manage all aspects of their hotel business in one platform. However, the pricing of ResNexus may be relatively higher for small hotels.
5. Octorate (octorate.com)
Octorate is an Italian hotel management software that offers various features like channel management, property management, booking engine, and revenue management. The software enables hoteliers to manage their hotels across various channels and devices with just one login. Octorate offers various integrations with third-party systems, and it also offers a user-friendly interface. However, Octorate is more suited to small hotels and B&Bs, and may not cater to larger hotel chains.
Conclusion:
In conclusion, Hotel Channel Management software is an essential tool for hoteliers in today’s digital age. It allows for seamless management of hotel distribution channels, maximizing revenue, providing better control over room inventory, and managing multiple properties with ease. By utilizing the software, hoteliers can focus on providing excellent guest experiences, while the software takes care of the distribution. With so many software options available in the market, hoteliers should choose software that fits their specific needs, budget, and scale of the hotel business.