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- alltheseasons
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1 year 11 months ago #20008
by alltheseasons
Auction was created by alltheseasons
I would like to see an option for auctioning dates I had this option on a previous system I was using and it proved successful for clients late availability bookings
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4 days 8 hours ago #20992
by alltheseasons
Replied by alltheseasons on topic Auction
Feature Request: Auction-Based Booking System for Late Availability
I would like to request the addition of an auction functionality within Solidres Hub to optimize revenue from last-minute availability. This feature would allow properties to auction unsold inventory, particularly beneficial for late bookings and off-peak periods.
Business Case:
Based on my previous experience with a similar system, this auction feature generated significant additional revenue by:
Converting otherwise unsold inventory into bookings
Creating urgency and engagement among potential guests
Achieving better rates than standard last-minute discounts
Reducing vacancy rates during low-demand periods
Proposed Functionality:
Property owners can set auction parameters (minimum bid, auction duration, blackout dates)
Guests can place bids on available dates within specified timeframes
Automated bidding process with real-time notifications
Integration with existing booking calendar and payment systems
Mobile-responsive interface for both property managers and bidders
Target Use Cases:
Last-minute availability (24-72 hours before check-in)
Off-season inventory optimization
Weekday bookings in leisure destinations
Cancellation recovery bookings
Expected Benefits:
Increased occupancy rates
Higher revenue per available room during low-demand periods
Enhanced guest engagement and repeat bookings
Competitive differentiation in the marketplace
This feature would significantly enhance Solidres Hub's value proposition for hospitality properties seeking innovative revenue management solutions.
I would like to request the addition of an auction functionality within Solidres Hub to optimize revenue from last-minute availability. This feature would allow properties to auction unsold inventory, particularly beneficial for late bookings and off-peak periods.
Business Case:
Based on my previous experience with a similar system, this auction feature generated significant additional revenue by:
Converting otherwise unsold inventory into bookings
Creating urgency and engagement among potential guests
Achieving better rates than standard last-minute discounts
Reducing vacancy rates during low-demand periods
Proposed Functionality:
Property owners can set auction parameters (minimum bid, auction duration, blackout dates)
Guests can place bids on available dates within specified timeframes
Automated bidding process with real-time notifications
Integration with existing booking calendar and payment systems
Mobile-responsive interface for both property managers and bidders
Target Use Cases:
Last-minute availability (24-72 hours before check-in)
Off-season inventory optimization
Weekday bookings in leisure destinations
Cancellation recovery bookings
Expected Benefits:
Increased occupancy rates
Higher revenue per available room during low-demand periods
Enhanced guest engagement and repeat bookings
Competitive differentiation in the marketplace
This feature would significantly enhance Solidres Hub's value proposition for hospitality properties seeking innovative revenue management solutions.
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