Little Hotelier

MARCH 25, 2024

Once your hotel has an idea of demand, you can make tweaks to your room and service prices that help maximise revenue and occupancy. Outlier factors: How special events and unusual occurrences have historically affected demand (e.g. bad weather, surprise events or event cancellations).

Forecasting 52

Forecasting Cancellation Average Length of Stay Revenue 52

Little Hotelier

JULY 10, 2023

It can help you maximise your revenue and control your occupancy, but it’s a delicate balance that relies on managing supply and demand. 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. Why do hotels use MLOS?

Minimum Length of Stay 75

Minimum Length of Stay Occupancy Average Length of Stay Revenue 75

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 occupancy will increase 2.5% The average length of stay is 1.93

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

Cloudbeds

MARCH 20, 2023

For example, guests who book a package spend more on property because accommodation is bundled with other services like breakfast and parking. When demand is strong in multiple market segments, properties have more opportunities to increase occupancy and room rates. Maintain a diverse distribution strategy. Don’t overcomplicate things.

Hotel Marketing 52

Hotel Marketing Market Marketing Average Daily Rate 52