The hidden costs of sold-outs

Have you ever wondered how much sold-outs actually cost you? How many clients are lost due to booking failures? Maybe you’ve been asking yourself, how you can boost your OTA’s revenue without adding new inventory? And are you constantly seeking ways to creatively increase your profit margins?

Here is a resource that can help: “The Hidden Costs of Sold-outs,” by our Chief Commercial Officer Max Chertkov and published on Hospitality.net, dives into these questions, analyzes the impacts of sold-outs and booking failures, and discusses how recent technological innovations are leading to some real solutions.. The pace in travel is accelerating and every OTA and supplier should be on the lookout for new solutions and technologies that help you better retain customers and make better on your margins. Have a look.

Click on the link: https://www.hospitalitynet.org/opinion/4088645.html