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The hospitality distribution landscape is in a state of constant flux as technology, guest behavior, and global factors create new trends and challenges on both a micro and macro level. To effectively combat these changes and take control of your distribution strategy, the biggest question every hotelier needs to answer is – which system should own your hotel’s rates? Booking patterns continue to be unpredictable, even after most of the industry has rebounded from pandemic-related issues surrounding demand and travel regulations. This uncertainly underscores the importance of making thoughtful, data-driven decisions around rate setting, without being at the mercy of OTA sites or channel partners.
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Why the CRS should be the source of truth for rate management
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As the official sponsor of this guide, the Cendyn team offers Hotel Tech Report users a free 30-minute consultation to help you learn about Hotel Reservations Software and which is right for your hotel.