How Pool Inventory Model Can Serve as a Beneficial Platform for Hoteliers?

When it comes to hospitality industry, it has become a crucial facet for hotel owners as the rate of travelers are increasing. In order to generate maximum revenue, distribution of hotel to the multiple channels has become essential to bringing more and more visitors.

Whether running small guest house or a large sized hotel, to sell out more and rooms online via the various booking sites, you may have heard of Pooled Inventory Model as a way to reach to your customers.

However, there are two distribution models allow you sell out your hotel rooms online; that is, pooled inventory, and allocated inventory. In essence, here is in what way the pool model serves for hospitality industry.

Pooled inventory

Pooled inventory work as a hotel booking engine that tends to distribution of all your available rooms across various sites including your own website, wherein, all the inventories get minimize across all booking sites at the time of booking made from any site.

Allocated inventory

Allocated inventory also work as a hotel reservation system in a sense that each channel has been provided a particular number of rooms by hoteliers. In such case, being a hotel owner you can allot the number of rooms to each channel or even reserve some rooms to bring visitors via direct bookings.

How Pool Inventory work as efficient hotel booking engine?

Pooled inventory is all in all act as an integrated structure that eliminates all the manual work process from selling rooms online and allow that in turn allow for getting rooms booked in a short span of time. Plus, no need to log into multiple sites as the software system automatically updates information from one single point. Withal, lets you update the room rates and status from your site.

How to Implement Pool Inventory model for your Hotel Business?

A hotel software called ‘Channel Manager’ is a one-way integrated platform that let your hotel properties be managed efficiently on your various online distribution channels where you are selling rooms.

The hotel booking software, Channel manager simply allows travelers to book rooms from third party sites such as Online Travel Agencies (OTAs) with zero commission basis.

Lastly,

In such competitive edge of hotel business where for the hoteliers it is difficult to reach to their customers, channel manager act as a business generator source in all the way where for the travelers too, it’s an easy way to find their desired accommodation from anywhere across the world.

For more details, visit our website http://www.channelmanager.com.au

Channel manager is a property management system featuring online booking reservation system, hotel front office system, bed and breakfast software; to grow online business.