Why it matters:
By utilizing Cloudbeds' platform, HP Hospitality has significantly reduced its reliance on online travel agencies (OTAs), resulting in higher profit margins and increased direct booking revenue, with Kona Kai Resort achieving 84% direct bookings. The platform also simplifies staff onboarding, integrates with other industry-specific platforms to create a comprehensive tech stack, and allows new properties to be quickly integrated into the system. This has led to positive financial results. Occupancy rates at their Kona Kai Resort, for example, have risen from 78% in 2022 to 87% in 2024.
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HP Hospitality managers can access a multi-property view, which simplifies booking across HP Hospitality's eleven properties. This feature enables staff to easily reserve accommodations for guests at another location when one property is fully booked, managing occupancy and ensuring that potential revenue is not lost.