SiteMinder

MAY 16, 2023

Table of contents Introduction from SiteMinder: The bleisure market and hotel booking trends Following the pandemic, the bleisure market changed from a growing niche to a mainstream source of bookings for accommodation providers. The good news is that they don’t discriminate when it comes to choosing their accommodation.

Average Length of Stay 106

Average Length of Stay Occupancy Average Daily Rate Revenue 106

Cloudbeds

MARCH 23, 2023

In the hotel industry, eCommerce refers to the buying and selling of accommodation and related services over the internet. eCommerce sites include hotel websites and booking engines , online travel agencies (OTAs), metasearch engines , and other online platforms where hotels advertise and sell rooms. What is hotel eCommerce?

OTA 98

OTA Digital Marketing Market Marketing 98

Little Hotelier

AUGUST 29, 2023

Unique B&B Signage Signage is your chance to advertise to passing guests who haven’t yet booked their accommodation for the night. With their scale and global reach OTAs provide hotels with a cost-effective way to increase bookings on a pay-per-performance basis.

ROI 98

ROI Average Length of Stay Hotels Revenue 98

SiteMinder

FEBRUARY 13, 2023

SiteMinder’s new Hotel Booking Trends report, the only hotel commerce data analysis of more than 35,000 hotels and 450+ connected booking integrations, has revealed travellers booked their trips on average eight days earlier, and cancelled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

SiteMinder

JULY 13, 2024

This then allows you to make informed decisions on what accommodation to promote to the right client, at the right time, with appropriate pricing through the most suitable distribution channel. That said, one has to ask: why are so many hotels’ margins still being eroded away by OTAs ? Some OTAs still use cached pricing.

Revenue Management 98

Revenue Management Revenue Management OTA 98

Hotel Speak

JUNE 4, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? You will find it below expressed in a simple formula: Occupancy x Rooms Available x Average Daily Rate (ADR) = Room Revenue Room Revenue can also be expressed in a KPI (key performance indicator) called Revenue per Available Room, or RevPAR.

Revenue Management 59

Revenue Management Occupancy Revenue Average Daily Rate 59

Xotels

MAY 30, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? You will find it below expressed in a simple formula: Occupancy x Rooms Available x Average Daily Rate (ADR) = Room Revenue Room Revenue can also be expressed in a KPI (key performance indicator) called Revenue per Available Room, or RevPAR.

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

Hotel Business

NOVEMBER 13, 2023

Shifting to accommodate this mindset is the cornerstone of success in tomorrow’s revenue management landscape. Some asset managers say to maximize average daily rates, they must avoid discounting rates too heavily.

Revenue 59

Revenue Revenue Management Average Daily Rate OTA 59

Cloudbeds

MARCH 20, 2023

When done effectively, personalization can help hotels earn more bookings, higher average daily rates (ADR) , and better online reviews. They typically reserve directly with the hotel or through an online travel agency (OTA) or travel agent at non-negotiated rates. Personalization comes from knowing your guests.

Hotel Marketing 52

Hotel Marketing Market Marketing Average Daily Rate 52

TravelNet

AUGUST 28, 2023

Track can record every moment of your guest’s interactions, not only their booking patterns but also their likes and dislikes, even the condition of their accommodation, before, during, and after their stay—an invaluable asset, especially if you get hit with a nasty chargeback.

Average Daily Rate 52

Average Daily Rate ROI OTA Revenue Management 52

Little Hotelier

MARCH 23, 2023

Staying on top of what other local properties are charging for similar rooms and accommodation types will give you more context when setting your own rates. You can also look at any extra services your competitors are offering, as these ‘in-demand’ upgrades can increase your average daily rate (ADR).

Occupancy 52

Occupancy Average Daily Rate Revenue Management Revenue 52

Clock Software Hospitality

JANUARY 12, 2021

Travel and accommodation have always gone hand in hand, and in a global economy, it is impossible to imagine what life would be like without either. Locations in demand are mostly local hotel chains, which either afford a shuttle or accommodate their own parking space.

Hospitality 52

Hospitality Average Daily Rate Events Scale 52

eZee Absolute

JANUARY 9, 2023

Leverage the power of OTAs. Have a higher average daily rate. This financial stability often translates to a higher willingness to pay for quality accommodations and amenities. Leverage the power of OTAs. Offer flexible booking and payment options. Provide amenities that cater to their needs.

OTA 52

OTA Hotels Accommodation Travel 52

Little Hotelier

JULY 6, 2023

Agoda is a renowned online travel agency (OTA) with a global reach, offering a platform for property owners to list their accommodations and attract potential guests from all over the world. What is an Agoda listing? These promotions can be highlighted on your property listing page to increase visibility and encourage bookings.

Average Daily Rate 52

Average Daily Rate Revenue Cancellation Management 52

SiteMinder

OCTOBER 16, 2023

This means your tool is going to work to the advantage of your specific property, allowing you to accommodate local demand and competition within your specific market. You can access this information daily or live on request, ensuring you can always hit your targets for the month or the quarter.

Forecasting 59

Forecasting Revenue Management Revenue Hotels 59

MediaBoom

AUGUST 6, 2024

Successful hotels recognize that their customers are individuals seeking experiences, not merely accommodations. Hotels must shift their focus from merely accommodating guests to actively caring for their well-being and creating moments of delight. People have a high level of faith in OTAs. Still Have Questions?

Branding 98

Branding Hotels Services Market 98

SiteMinder

JANUARY 8, 2024

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.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JUNE 29, 2023

A hotel booking site, also known as an online travel agency (OTA) , is a platform where travellers can book accommodations over the internet. If an OTA lacks these functions, they—and by extension, your listings with them—may be falling out of date. What is a hotel booking site? Best of all? Better results from search engines.

Hotels 52

Hotels Average Daily Rate Travel OTA 52

SiteMinder

JANUARY 8, 2024

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.

Operations 52

Operations Management OTA Hotels 52

Cloudbeds

APRIL 30, 2024

The glaring issue with older revenue management strategies like these is that by selling at flat rates for the majority of the time, you are ignoring market conditions, competitor rates, market data, and variable demand. While the tool is your co-pilot, you’re still in the hot seat.

Revenue 52

Revenue Revenue Management Occupancy Hotels 52

SiteMinder

DECEMBER 20, 2023

The term ‘hotel’ can refer to a specific type of accommodation – a large building filled with small, serviced rooms that are used for short-term stays – or it can be more broadly applied to refer to almost all types of accommodation, from bed and breakfasts, unserviced apartments, glamping and more.

Business 59

Business Hotels Management Revenue 59

Cloudbeds

SEPTEMBER 18, 2024

For hotels, that involves collecting and analyzing data across various sources, including your hotel website, social media channels, online travel agencies (OTAs), surveys, and more. By tracking real-time data from online reviews, accommodation operators can measure overall guest satisfaction and ratings by department.

Operations 40

Operations Revenue Management Occupancy Revenue 40

Cloudbeds

OCTOBER 17, 2024

A basic strategy might involve listing your property on a few key online travel agencies (OTAs) like Airbnb and Booking.com and leaving it at that. By strategically analyzing revenue booked, occupancy rates, acquisition costs, and guest segments, hotels can build an advanced distribution strategy that delivers real value.

OTA 76

OTA Occupancy Hotels Revenue 76

SiteMinder

SEPTEMBER 6, 2023

This allows you to maintain or even increase your average daily rate (ADR). The report states that almost 45% of travellers used a mobile app to book their accommodation and tours, while nearly 85% of travellers booked activities using their mobile device.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

Cloudbeds

MARCH 16, 2023

The report highlights the following insights: Average Daily Rate (ADR) & Occupancy Among independent properties, hotel rates increased slightly from 2019 to 2020 and continued to grow in 2021 and 2022. In 2022, pent-up demand for travel shifted the balance back in favor of OTAs, and reached 2019 levels again.

Average Length of Stay 52

Average Length of Stay Average Daily Rate OTA Occupancy 52

Amadeus Hospitality

APRIL 25, 2025

Globally, travelers say they use online travel agencies (OTAs) the most. These findings all point to the importance of a strong distribution mix hotels , mobility and insurance providers should sell content and services on a variety of third-party channels (such as OTAs and global distribution systems) to capture the most bookings possible.

Travel 52

Travel Average Daily Rate Global Distribution System OTA 52