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SiteMinder: Traveler confidence surges post-pandemic

Hotel Business

Travelers incrementally increased their hotel stays, with the average length of stay growing only slightly in 2022 to 1.93 Stays booked to Spain in August were the longest globally, at 2.65 Travelers continued to book accommodation through Airbnb.

Travel 102
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SiteMinder’s Hotel Booking Trends: New analysis of 100 million reservations shows surge in global traveller confidence for 2023

SiteMinder

Travellers incrementally increased their hotel stays, with the average length of stay growing only slightly in 2022 to 1.93 Stays booked to Spain in August were the longest globally, at 2.65 Travellers continued to book accommodation through Airbnb.

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Hotel forecasting: Methods for small hotels

Little Hotelier

Step 3: Analyse demand Generate booking demand insights around KPIs like ADR , RevPAR , lead time and average length of stay. It’s allowed us to unlock this huge revenue opportunity with accommodation that we didn’t know was possible. Understand exactly when peak and low periods occur throughout the year.

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Why properties should consider midterm bookings this summer

SiteMinder

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.

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Travel statistics: Data and reports for hotels

SiteMinder

Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. Artificial intelligence will become an accommodation recommendation tool for 68% of millennials.

Travel 52
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Cloudbeds launches State of Independent Lodging Report

Hotel Business

In North America, the average booking window exceeded 2019 levels by five days; in Europe, two days. Meanwhile, ongoing travel restrictions in the Asia Pacific region kept the booking window five days short of the 2019 average. Length of stay Most travelers within the data set booked stays of 1 to 2 nights over the last four years.

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Minimum stay (MLOS): What is it and how can it be used?

Little Hotelier

Hotels and other accommodation providers actively use MLOS policies to take advantage of periods of high demand, especially if they are coming out of a low period. It can help you maximise your revenue and control your occupancy, but it’s a delicate balance that relies on managing supply and demand. Why do hotels use MLOS?