Hotelogix

NOVEMBER 28, 2024

Read also: Tips & Strategies to Get Corporate Clients for Your Hotel Customizing Services for Different Segments Tailoring Room Packages Different market segments have unique needs and preferences. Now that your targeting strategy is in place, let's explore how to measure the success of your segmentation efforts.

Hotel Marketing 40

Hotel Marketing Market Marketing ROI 40

STAAH

JULY 8, 2024

The hospitality industry faces seasonal challenges and fluctuating market conditions, including reduced consumer spending and increased competition. Accommodation providers can navigate these by leveraging online bookings and digital marketing strategies.

Digital Marketing 52

Digital Marketing Accommodation Market Marketing 52

Little Hotelier

AUGUST 12, 2024

Unlike other businesses, many independent accommodation providers have somewhat of a revenue ceiling. When you have lower operating costs, you can more comfortably offer more competitive rates, winning business and growing your market share. Learn more Why is efficiency important in hospitality?

Average Daily Rate 95

Average Daily Rate Revenue Occupancy Operations 95

Cloudbeds

MARCH 21, 2024

The findings suggest hostels are outpacing other accommodations in terms of occupancy rates, while average daily rates (ADR) for private rooms have grown globally. Cloudbeds’ newly launched State of Hostels report reveals 2024 will be the year of chasing demand for hostels.

Average Daily Rate 52

Average Daily Rate Occupancy Accommodation Market Share 52

SiteMinder

OCTOBER 10, 2022

Falling short of your competitors when it comes to guest experience, accommodation standards or your marketing and advertising strategy can quickly lead to lost revenue. For example, STR data reveals that the average occupancy rate across US hotels in August 2022 was 66.5%, and the average daily rate was US$151.49.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 52

Cloudbeds

OCTOBER 9, 2024

In addition to revenue, forecasts often include projections for important metrics like average daily rate (ADR), occupancy rates, and the contribution share from different segments such as transient, corporate, and group bookings. This competition affects market share projections and pricing strategies.

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59

MediaBoom

AUGUST 6, 2024

A strong hotel brand builds trust, loyalty, and a lasting impression, ultimately driving revenue and market share. Successful hotels recognize that their customers are individuals seeking experiences, not merely accommodations. Let’s explore the 14 essential steps to creating a legendary hotel brand in 2024: 1.

Branding 98

Branding Hotels Services Market 98