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Webinar on Extranet Usage and Strategies

Sep 20, 2024

Webinar Overview

Purpose of the Webinar

  • Empower partners by educating them on:
    • Using the extranet
    • Capitalizing on data
    • Strategies to improve revenue and room nights

Introduction

  • Declan Scapers: Newly appointed account executive at Booking.com
  • Taha: Also an account executive at Booking.com
  • Special focus on newly opened properties

Agenda

  1. Overview of the extranet
  2. Reporting procedures
    • Marking no-shows
    • Handling invalid credit cards
    • Disputing with customer service

Understanding the Extranet

What is the Extranet?

  • Main platform to set up property
  • Track business performance:
    • Room nights
    • Revenue
    • Performance data to identify areas for improvement

Home Page

  • Most Important Page
  • Tabs on Home Page:
    1. Reservations Tab:
      • Arrivals, Departures, Stayovers, Guest Requests
      • Marking no-shows important
      • Guest requests impact reply and review scores
    2. Latest Reservations: View last 60 days
    3. Unanswered Messages:
      • Keep empty for a 100% reply score

Importance of Reply & Review Scores

  • Better visibility
  • Improved rankings
  • Reduced cancellations
  • Increased bookings
  • Enhanced customer satisfaction

Demand Analysis

  • Demand for Las Vegas:
    • Change in demand (last 14 days)
    • Search window (how far in advance bookings are made)
    • Average length of stay
    • Country demand (target markets with country rates)

Rates and Availability

  • Calendar Management:
    • Mark availability manually if bookings are made through other channels
    • Use bulk edit for closing rooms

Promotions Tab

  • Purpose:
    • Offer discounts and deals to stimulate bookings
    • Types of Deals:
      • Late escape deal
      • Targeting deals (mobile rates, country rates)
      • Portfolio deals (customizable)

Reservations Management

  • Daily check of reservations for cancellations or no-shows

Property Page Score

  • Importance of good photos and completing all tasks to optimize the page score

Policies Overview

  • Cancellation policies impact bookings
    • Non-refundable vs fully flexible
  • Display rules regarding children and other amenities

Opportunity Center

  • Identifies areas for improvement
  • Suggestions for increasing visibility (e.g., preferred partner program)

Inbox Tab

  • Messages from Guests:
    • Respond to guest inquiries to maintain a high reply score
  • Customer Service Communication:
    • Reach out for assistance with guest issues
  • Booking.com Messages:
    • Communication history with Booking.com

Guest Reviews

  • Overview of guest reviews and scores
  • Categories of reviews help identify strengths and weaknesses
  • Trends in guest feedback to improve customer experience

Finance Tab

  • Invoices: Track outstanding balances
  • Reservation Statements: Detailed view of each reservation
  • Financial Overview: Graph of revenue and commission
  • Getting Paid Section: Introduction to the Payments by Booking program

Analytics Dashboard

  • Pace Reports: Upcoming bookings analysis
  • Sales Statistics: Compare current year to previous year
  • Booker Insights: Understanding where bookings are coming from
  • Competitive Set: Compare performance with similar properties
  • Ranking Dashboard: Conversion rates and performance against the area average

Conclusion

  • Recap of how to effectively use the extranet for property management and maximizing bookings.