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8 Essential Features To Consider When Choosing a Revenue Management Solution for Your Hotel

STAAH

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.

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Hotel industry statistics: Guide for hotels

SiteMinder

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. Hotel occupancy will increase 2.5% globally next year.

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2023 in Review: A Year of Improving the Travel Experience for Everyone, Everywhere

Amadeus Hospitality

Large-scale sporting events such as France’s Rugby World Cup substantially impacted hotel occupancies. Throughout it all, we’ve kept pace with the evolutions of an industry where hotel occupancies outperformed 2022 , group business in the top 25 U.S. markets has already recovered by 99.1% markets has already recovered by 99.1%

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Five Tried and True Strategies for Effective Hotel Guest Personalization

Amadeus Hospitality

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.

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Hotel Management: Meaning, Types, and Operations

SiteMinder

With customers expecting some sort of dining service from hotel accommodations, it has become almost a standard practice to provide. Accommodation and Lodging The accommodation sector encompasses a broad range of lodging options from hostels and caravan sites to luxurious resorts and boutique hotels.

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Hotel Management: Meaning, Types, and Operations

SiteMinder

With customers expecting some sort of dining service from hotel accommodations, it has become almost a standard practice to provide. Accommodation and Lodging The accommodation sector encompasses a broad range of lodging options from hostels and caravan sites to luxurious resorts and boutique hotels.

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Advanced distribution strategies for hotels

Cloudbeds

By strategically analyzing revenue booked, occupancy rates, acquisition costs, and guest segments, hotels can build an advanced distribution strategy that delivers real value. Distribution KPIs How do you know if your distribution strategy is really working?

OTA 76