Overall, approximately one in five online hotel bookings are cancelled, causing major headaches for hotel revenue managers everywhere. On top of hurting a hotel’s bottom line, a property that relies heavily on OTAs for bookings will find it tough to make good revenue management decisions when so many of these bookings are cancelled. Fighting back against this issue begins with having a better understanding of the booking and cancellation patterns OTAs employ, and then using proper revenue and rate strategies to combat them. Here are five tips worth considering. Get the full story at Travel Tripper