STAAH

APRIL 16, 2024

In the ever-evolving hospitality industry, staying competitive demands more than just offering great accommodations and service. This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions. Hoteliers need to employ smart strategies to optimize revenue and profitability.

Revenue Management 79

Revenue Management Revenue Management Forecasting 79

SiteMinder

JANUARY 30, 2023

The accommodation, with more than 17 years in operation, is one of the most sought-after places worldwide, and has held the title of “World’s First Seven Star Boutique Hotel”. He also added that SiteMinder’s features allowed for improved yield management , which resulted in an increase of average daily rate (ADR) for the property.

Average Daily Rate 98

Average Daily Rate Global Distribution System Management Sales 98

Hotel Business

FEBRUARY 22, 2023

Globally, a hotel’s website was more important as a source of revenue in 2022 than it was in 2019, despite hotel websites moving down SiteMinder’s Top 12 lists in 42% of countries year-on-year. Bookings via global distribution systems (GDSs) rose as business travel continued to resume with force in 2022.

Travel 102

Travel Average Length of Stay Average Daily Rate Global Distribution System 102

SiteMinder

FEBRUARY 13, 2023

Globally, a hotel’s website was more important as a source of revenue in 2022 than it was in 2019, despite hotel websites moving down SiteMinder’s Top 12 lists in 42% of countries year-on-year. Bookings via global distribution systems (GDSs) rose as business travel continued to resume with force in 2022.

Average Length of Stay 52

Average Length of Stay Average Daily Rate Travel Global Distribution System 52

Amadeus Hospitality

DECEMBER 21, 2023

The enhanced Agency360+™ corporate performance dashboard delivers greater insight into corporations that are being booked via the Global Distribution System (GDS) in individual markets, providing users with more clarity as to which corporations and associated travel agencies are bringing the most value to their business.

Travel 97

Travel Occupancy Average Daily Rate Global Distribution System 97

SiteMinder

DECEMBER 4, 2023

Hotel industry statistics refer to data and metrics relating to hotels and other accommodations in the industry. Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. globally next year. Average US occupancy rate is just under 65%.

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

Amadeus Hospitality

SEPTEMBER 6, 2023

Originally pubilshed on PhocusWire Positive momentum continues for the travel industry as global hotel occupancies rapidly return to 2019 levels, with many key destinations having already surpassed pre-pandemic performance this year, according to Amadeus’ Demand360 ® data.

Average Daily Rate 52

Average Daily Rate Global Distribution System Hotels Revenue 52