Cloudbeds marks industry-first collaboration
📈 Cloudbeds partners with Hopper Technology Solutions (HTS) to introduce the Cancel for Any Reason (CFAR) feature to independent hoteliers. This collaboration provides enhanced traveler flexibility, higher conversion rates, and new revenue opportunities for hoteliers. The integration enables hotels on Cloudbeds' platform to offer cancellation options previously exclusive to airlines and OTAs. Hoteliers earn commissions on CFAR fees and can resell canceled room nights, boosting occupancy and profit.
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