Channel Management System | TravQ

1. Channel Management System - Revolutionising the entire hotel industry Every day, travelers from around the world are online and are looking to stay in your locations. How do you find them, connect with them, increase reservations and get bookings for your properties? The answer is channel management system. Channel management system in the hotel industry is the system which manages online distribution channels which is helpful in the sale of your hotel inventory to different agents across the globe which includes online travel agents (OTAs), retail travel agents, Meta Search Engines (or aggregators) and Global Distribution Systems (GDS) as well.

2. A channel manager facilitates this process by enabling access to live rates and real-time availability of your inventory and eliminates the risk of overbooking. As with all products that are going to be an important part of the hotel business. As an owner of the hotel, you must be investing in a quality channel manager who possesses the latest, industry-leading features as possible to future-proof your business and delivers a good ROI (return on investment). Top features of CMS that have reformed the hotel industry Channel management in the hotel industry is constantly evolving and has the following features which make them so special for the hotel industry. Two-way integration Two-way integration of your various online booking channels and your hotel’s channel manager are vital to ensure accurate, up-to-date information is displayed automatically on all networks. As a hotel owner, you should look for a channel manager that enables you to see live availability to automatically upload from your Property Management System (PMS) or Central Reservation System (CRS) and to receive bookings from all your online channels. Real-time availability One of the main aims of your hotel channel manager is to eliminate the risk of overbooking so that a system that displays your real-time availability is quite important. As a hotel owner, you must look for a system that enables automatic updates to your available inventory

3. when a booking is made on any site, whether that be your own website or third-party booking websites. Multiple Connectivity Partners The more channel your hotel is connected to the more markets it can get into which will enable high visibility of your inventory. This will enable your business to maximise booking potential, using the whole reservation system from around the globe. Channel management system allows delivering multiple connectivity partners including the world’s leading OTAs(online travel agents), accessing Meta Search Engines (MTEs) and GDS (global distribution system) channels. Room Pooling Room pooling generally means allowing all OTAs and booking agents to access all your room inventory simultaneously so that you don’t miss any booking. Without an effective channel management system, you might face trouble to split your inventory and assign a number of rooms to each OTA individually. Here, the channel management system enables you to set up exciting offers and promotions and additional stays to sell the same physical room on your online channels in a number of ways.

4. System Integration Channel management system acts as a parenting tool which oversees most of the functioning which takes place on a hotel reservation system. With such variety, you needn’t buy a separate application which may be costly for you. We at TravQ provide integration services with a channel management system to drive more customers towards your hotel business. It has the capability to integrate with the system you already use. As we all know by now, how effectively a Channel Management System manages each and everything that goes around working of the hotel reservation system. No doubt! It’s one of the prominent tools that every hotel owner want to have onboard. TravQ ​has been at the forefront of channel management for the hotel industry for over many years. In fact, our industry-leading services that have been designed not only to include all of the features we have talked about here but many more which can be added as per clients requirement. We try to provide channel management services according to the requirements of our clients without disrupting their values and beliefs.