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 Sales Global Distribution System Management 98

Little Hotelier

FEBRUARY 25, 2024

What is revenue management consulting? Revenue management consulting is specialised expertise that a business can bring in to gain guidance on managing and optimising revenue. An investment in hotel revenue management services is therefore one that can quickly deliver an attributable return.

Revenue Management 52

Revenue Management Revenue Services Management 52

Hotel Speak

JANUARY 25, 2024

With rising inflation across the world, it’s not surprising that the average daily rate has risen, but it didn’t deter reservations in 2023. While parking spots and meeting rooms have played a huge role in this, 2024 will be the year that more hoteliers revolutionize revenue management.

Average Daily Rate 103

Average Daily Rate Revenue Travel Upsell 103

Catala Consulting

MAY 17, 2024

Revenue management is a crucial aspect of the hospitality industry, focusing on maximizing income through strategic pricing, inventory control, and demand forecasting. These frontline employees are instrumental in shaping the guest experience, impacting occupancy rates, and ultimately driving revenue.

Revenue Management 52

Revenue Management Revenue Management Upsell 52

SiteMinder

OCTOBER 17, 2024

London, UK: Hotels in cities across the UK are experiencing a significant boost in bookings and average daily rates (ADR) as Kylie Minogue’s 2025 Tension tour approaches, according to new data from SiteMinder, the world’s leading hotel distribution and revenue platform.

Average Length of Stay 59

Average Length of Stay Average Daily Rate Revenue Revenue Management 59

SiteMinder

APRIL 18, 2024

London, UK : The average lead time for accommodation bookings has increased 13% year-on-year to 83 days for the coming London Marathon weekend, shows data from SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels. year-on-year.

Average Daily Rate 59

Average Daily Rate Revenue Management Accommodation Revenue 59

SiteMinder

JUNE 2, 2024

With the surge of arrivals of international fans, the average daily rate for stays during the UEFA Euro season has grown by 11% throughout Germany to €214 – compared to €192 in the previous year. Despite the rise in costs, the eagerness of travellers to plan their trips highlights a critical revenue opportunity for hotels.

Average Daily Rate 59

Average Daily Rate Revenue Forecasting Revenue Management 59

Hotel Business

NOVEMBER 13, 2023

By Steve Green Can the industry aim higher when capturing revenue from individual travelers? To do so, revenue managers may need to get comfortable with a “revenue maximizer” mindset. Shifting to accommodate this mindset is the cornerstone of success in tomorrow’s revenue management landscape.

Revenue 59

Revenue Revenue Management Average Daily Rate OTA 59

Cloudbeds

OCTOBER 9, 2024

For hotel managers and the industry as a whole, accurate forecasting is not just beneficial—it’s essential for maintaining competitiveness and profitability in a dynamic market. Accurate forecasts enable hotels to implement dynamic pricing strategies, adjusting rates in real time based on predicted demand. What is forecasting?

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59

Cloudbeds

MARCH 23, 2023

In the hotel industry, eCommerce refers to the buying and selling of accommodation and related services over the internet. Channel management software to automate distribution of room inventory and pricing on multiple booking channels and maximize your reach. What is hotel eCommerce?

OTA 98

OTA Digital Marketing Market Marketing 98

SiteMinder

OCTOBER 16, 2023

Pricing intelligence, also known as rate intelligence, is a way for hotels to optimise their pricing and profitability. It’s an essential part of a successful revenue management strategy and is implemented via the use of data and pricing intelligence tools. What is pricing intelligence?

Forecasting 59

Forecasting Revenue Management Revenue Hotels 59

Amadeus Hospitality

DECEMBER 21, 2023

This will provide Hilton with direct access to the valuable insights of Demand360+ through the hotel chain’s GRO revenue management system. Amadeus  Amadeus also partnered with Key Data , a leader in short-term rental data, to create blended data sets for air, hotels, vacation rentals, and other alternative accommodations.

Travel 97

Travel Occupancy Average Daily Rate Global Distribution System 97

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

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

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

Cloudbeds

MARCH 20, 2023

When done effectively, personalization can help hotels earn more bookings, higher average daily rates (ADR) , and better online reviews. It is a fundamental process of revenue management, but also brings benefits to marketing, operations, and the guest experience. Boost revenue and profitability.

Hotel Marketing 52

Hotel Marketing Market Marketing Average Daily Rate 52

Cloudbeds

APRIL 30, 2024

A question that likely keeps you up at night is, ‘How can I boost revenue per available room (RevPAR) and outpace my competitors?’ It’s the bedrock of hotel revenue management , and for good reason. But it’s not solely about revenue. Why is hotel price optimization an essential pillar of revenue management?

Revenue 52

Revenue Revenue Management Occupancy Hotels 52

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. Hotel average daily rate (ADR) is projected to grow by 4.9%

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

Cloudbeds

SEPTEMBER 18, 2024

This data can then be used to make changes to improve revenue management, occupancy, guest experience, and operational efficiency. By tracking real-time data from online reviews, accommodation operators can measure overall guest satisfaction and ratings by department. Revenue management KPIs.

Operations 40

Operations Revenue Management Occupancy Revenue 40

eZee Absolute

JANUARY 9, 2023

Have a higher average daily rate. This financial stability often translates to a higher willingness to pay for quality accommodations and amenities. By offering such amenities, hotels can appeal to the needs of digital nomads and potentially charge a little higher daily rates. Explore new markets.

OTA 52

OTA Hotels Accommodation Travel 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

SiteMinder

JANUARY 8, 2024

With customers expecting some sort of dining service from hotel accommodations, it has become almost a standard practice to provide. Not only can an in-house restaurant provide an enhanced guest experience but can reach a broader range of clientele, especially when your restaurant management operates independently from your hotel management.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

With customers expecting some sort of dining service from hotel accommodations, it has become almost a standard practice to provide. Not only can an in-house restaurant provide an enhanced guest experience but can reach a broader range of clientele, especially when your restaurant management operates independently from your hotel management.

Operations 52

Operations Management OTA Hotels 52

Cloudbeds

OCTOBER 17, 2024

Ensure your average daily rate (ADR) covers ad spend while leaving a profit margin but invest enough to capture user attention. Pure Michigan , for example, maintains a directory with more than 1,000 hotels, while New Orleans’ DMO will even assist event planners in contacting hotels for group accommodations.

OTA 76

OTA Occupancy Hotels Revenue 76

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, ADR exceeded the 2019 ADR by 17%.

Average Length of Stay 52

Average Length of Stay Average Daily Rate OTA Occupancy 52

AskSuite

MARCH 26, 2025

Analyze historical data and demand forecasting Using historical data through specialized dashboards is the cornerstone of smart revenue management during slow seasons. It can handle interactions on your hotels main channels and help you to improve operational efficiency. Want to learn more? Talk to our specialists today!

Occupancy 52

Occupancy Revenue Forecasting Average Daily Rate 52