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SiteMinder: Traveler confidence surges post-pandemic

Hotel Business

OTAs, wholesalers and destination management companies reasserted their dominance across SiteMinder’s Top 12 booking channel lists in most markets as international travel returned, with Booking.com remaining the most popular. Stays booked to Spain in August were the longest globally, at 2.65

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

SiteMinder

OTAs, wholesalers and destination management companies reasserted their dominance across SiteMinder’s Top 12 booking channel lists in most markets as international travel returned, with Booking.com remaining the most popular. Stays booked to Spain in August were the longest globally, at 2.65

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Hotel forecasting: Methods for small hotels

Little Hotelier

Three of the most common hotel forecasting methods include: Revenue management forecasting: Used to predict future demand. Step 3: Analyse demand Generate booking demand insights around KPIs like ADR , RevPAR , lead time and average length of stay. Understand exactly when peak and low periods occur throughout the year.

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Cloudbeds launches State of Independent Lodging Report

Hotel Business

Hospitality management platform Cloudbeds has unveiled its inaugural State of Independent Lodging Report. 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.

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

Little Hotelier

Minimum length of stay (MLOS or MinLOS) restrictions can be used across all your rooms or a select few that you choose. 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?

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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