When developing a strategy for your Serviced Apartment business its necessary to maximize the use of the built-in Channel Manager and Online Travel Agents connected to the system. This will eliminate the manual processing of bookings and drastically reduce the risk of double bookings, which will free-up more time to increase sales. This is why its vital for Serviced Apartments to use the correct Serviced Apartment Software available.
Sirvoy Serviced Apartment Software has a built-in Channel Manager with the option to connect to hundreds of Online Travel Agents.
Firstly, connecting your Serviced Apartments to the major channels is the first stage of your business strategy, once you have setup your Property Management System. Connecting to OTAs like booking.com and Expedia, will bring in the bulk of your reservations, the Serviced Apartment Software (PMS) will handle the rates and availability without any extra effort from you.
Secondly, connect to different channels and as many as you can! The smaller online travel agents may only bring you two or three reservations per month, however your property will always be listed on their website - increasing visibility.
The best Channel Managers are built-in to the Property Management System (Serviced Apartment Software), eliminating the risk of errors and downtime. With Sirvoy Serviced Apartment Software, it has a built-in Channel Manager, with the ability to connect to two other channel managers; including Siteminder, increasing the number of online travel agents your property can connect to.
Identify the different types of guests allowing you to offer Early Bird and Last Minute discounted rates. For those in a tourist destination, understand that some guests will like to book well in advance whereas guests away on business, may need to book last minute. Allow for every type of traveller, this may take some experimenting with rates, however, it is better for your business to take those discounted rates than nothing at all.
You will always need the support of online travel agents, however, you should offer guests the option to book directly through your own property's website. This can easily be done using our software, for website advice connections please visit Evolved Agency, who will be happy to help.
It can be difficult to manage a Serviced Apartment business strategy, which is why we have selected ibex Serviced Apartment Software, it ticks all the boxes when it comes to a Property Management System and at an affordable price. Better still, it comes with a 14 DAY FREE TRIAL!
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How to develop a strategy for your business using Serviced Apartment Software When developing a strategy for your Serviced Apartment business its necessary to maximize the use of the built-in Channel Manager and Online Travel Agents connected to the system. This will eliminate the manual processing of bookings and drastically reduce the risk of double […]
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