Cloudbeds - 10 Minutes News for Hoteliers - Page 3

3 min

Cloudbeds and Duetto Announce Strategic Partnership to Drive Innovation in Hotel Revenue Optimization

🏨 Cloudbeds, a PMS leader in over 150 countries, partners with Duetto, a top revenue strategy platform, to enhance hoteliers' profit and operational efficiency. The integration, available early Q2 2025 for all joint customers by summer 2025, offers real-time two-way synchronization, comprehensive analytics, and performance tracking. Cloudbeds, recognized by Deloitte's Technology Fast 500 in 2024, and Duetto, rated #1 revenue management system (2022-2025), aim to revolutionize hotel management with this strategic collaboration.

3 min

Cloudbeds and Sabre Hospitality Announce Strategic Partnership to Streamline Hotel Reservations and Optimize Distribution

🏨 On February 25, 2025, in San Diego, CA, Cloudbeds, a leader in hospitality management technology, announced a strategic partnership with Sabre Hospitality, a global travel tech company. The partnership features an API integration of Cloudbeds PMS and Sabre's SynXis® CRS for improved management across distribution, reservations, and operations. Benefits include real-time two-way synchronization, automated inventory/rate management, unified reservations, and optimized distribution over 600+ OTAs and other channels. The integration is scheduled to launch in Q1 2025 and will be available to all joint customers. Cloudbeds, founded in 2012, operates in 150+ countries and has received multiple awards, including Deloitte's Technology Fast 500 in 2024. Sabre, headquartered in Texas, serves customers in over 160 countries.

6 min

Why traditional compsets are holding your hotel back

📌 "Who? Every hotel." "What? Evolved definition of compsets." "Why? To adapt to technology and data analysis-driven market." "How? By segmenting based on booking behaviors and traveler demographics." "Where? Global hospitality industry." "When? Transition noted from 1995 to 2018." "Numbers? Growth from $522 billion to $1.86 trillion." An example includes a 75-room boutique hotel in Los Angeles, leveraging data for targeted marketing strategies, like seasonal campaigns and coworking-friendly packages. Cloudbeds PMS, with AI and machine learning, assists hotels in dynamic compset analysis and optimization.

7 min

EBITDAR explained: Driving financial health for hotels

💰 EBITDAR is a profit metric particularly relevant for businesses with high rent expenses like hotels. It excludes non-operational costs such as interest, taxes, rent, and restructuring from earnings to give a true picture of operational performance. The Dalata Hotel Group reported an EBITDAR margin of 39.4% in H1 2024, a slight decrease from 40.6% in H1 2023. EBITDAR margin is calculated as EBITDAR over total revenue x 100. For a hotel with $4,500,000 in revenue and $3,550,000 in costs, EBITDAR is $2,300,000, resulting in a 51.11% margin. Technology plays a key role in simplifying EBITDAR tracking, and hotels can improve this metric by optimizing revenue and controlling costs.

3 min

Safestay selects tech leader Cloudbeds as part of its “Platform for Growth” strategy

🏡 Safestay PLC, a major European hostel group, announced a partnership with Cloudbeds starting January 2025, entailing the integration of its 20-hostel portfolio with Cloudbeds’ Platform. The collaboration aims to leverage AI for revenue maximization, improve direct booking strategies, and enhance guest experiences using a unified technology system. In 2023, Safestay sold 848,633 bed nights, a 17% increase from the previous year, and is poised for expansion, planning new hostels in Brighton and Cordoba and managing a property on Spain’s Costa Blanca. The global hostel market is projected to reach $8.9bn by 2027.

2 min

Poor hotel tech is affecting employee retention, Cloudbeds finds

🏨 San Diego-based Cloudbeds' research highlights PMS impact on hotel staff retention, revealing 38% of employees left due to PMS experience. Over half of managers (52.2%) believe at least four months are needed for staff to confidently use PMS. Moreover, 73% of staff receive manual PMS training, suggesting a need for more intuitive systems. The study surveyed 500 hotel staff across the US, UK, Canada, Mexico, and Spain, emphasizing the importance of user-friendly hotel technology for employee satisfaction and efficiency.

1 min

Cloudbeds honored for 7th year in a row in 2025 HotelTechAwards

🏨 Cloudbeds, headquartered in San Diego, CA, received five top honors in the 2025 HotelTechAwards: Best Hotel Management Software, Property Management System Finalist, Channel Manager Finalist, Top 10 People’s Choice, and Overall 10 Best Places to Work. As a seven-time winner, Cloudbeds is a highly-rated vendor by thousands of customers on HotelTechReport. CEO Adam Harris highlights their focus on delivering enterprise-grade technology. Annually, 2.5 million hotel industry professionals use HotelTechReport.com, with award winners selected based on verified user feedback from over 120 countries.

7 min

From guesswork to predictive power: The evolution of hotel demand forecasting

📈 Hotel revenue managers adjust room rates to boost occupancy and sales by forecasting demand trends. Traditional forecasting models relying solely on historical data are inadequate due to constantly changing demand factors. Modern forecasting techniques, including causal AI and machine learning, are crucial for proactive adjustments, as demonstrated by other industries like airlines and online retailers. Cloudbeds Intelligence, set to release in 2025, will incorporate causal AI to optimize hotel revenue management, outperforming traditional models in occupancy and RevPAR (revenue per available room).

Cloudbeds ranked among North America’s fastest-growing companies on the 2024 Deloitte Technology Fast 500™

🏦 Cloudbeds, a hospitality management software platform based in San Diego, CA, has been named in Deloitte Technology Fast 500™, ranking amidst the fastest-growing companies in North America. Achieving 473% revenue growth over three years, Cloudbeds credits technological innovation for its success. CEO Adam Harris highlights the team's commitment to redefining property management systems. Eligibility for the Fast 500 requires a minimum $50,000 base-year revenue and $5 million current-year revenue, with at least four years in business.

Contactless guest experience: How integrated technology makes it possible

🛌 A 2022 Statista survey revealed 50% of respondents desire permanent adoption of contactless hotel services. Sweet Accommodations, using Cloudbeds, increased upsells and repeat customers by 20%, dedicating 16 extra hours weekly to guest experience enhancement. Contactless technology includes online check-in, AI communication, and digital keys, with chatbots potentially boosting booking rates by 30% and upsells by 55%.

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