STAAH

MAY 24, 2023

Market insights provide numerous benefits for accommodation providers. Let’s look at some of the key advantages 1) Understanding guest search information: By gaining access to guests’ search information, hoteliers/accommodation providers can get a quick overview of what potential guests are looking for.

Market 81

Market Marketing Cancellation Accommodation 81

STAAH

FEBRUARY 6, 2024

By deploying this strategy a hotel is insuring itself against possible cancellations by having secured guests who can fill cancelled bookings. Data must be used to inform how many no-shows or cancellations to expect so you can overbook by that much. 2) Use multiple data sources. 6) Train your staff to manage overbookings.

Overbooking 89

Overbooking Cancellation Upsell Revenue 89

SiteMinder

JUNE 18, 2023

Direct bookings are a vital part of your hotel’s ability to be a successful accommodation business. Direct bookings give you more control over your reservations, closer relationships with your guests, and more profit in your pocket. Simply fill in the form to get your free guide

Cancellation 105

Cancellation Accommodation Business Hotels 105

Hotel Business

FEBRUARY 22, 2023

SiteMinder’s new Hotel Booking Trends report, a hotel commerce data analysis of more than 36,000 hotels and 450+ connected booking integrations, has revealed travelers booked their trips on average eight days earlier, and canceled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Travel 102

Travel Average Length of Stay Average Daily Rate Global Distribution System 102

Hotel Speak

MAY 30, 2024

Airbnb, the accommodation rental platform, also increased its marketing spend by 14.2% Rising inflation and economic uncertainty could impact consumer spending, while travel disruptions like flight cancellations or geopolitical tensions are further threats. This suggests a heightened focus on capturing market share by Expedia Group.

OTA 73

OTA Market Marketing Travel 73

SiteMinder

NOVEMBER 6, 2023

Airbnb hosting fees are always represented as a percentage of the booking price : Host-only fee: Usually 14%-16% (excluding Airbnb fees and taxes), automatically deducted from the host payout, though the specific rate will depend on a variety of factors, such as location and accommodation type. The guest then pays a fee of approximately 14%.

Cancellation 59

Cancellation Hotels Services OTA 59

Cloudbeds

AUGUST 21, 2023

An overbooking strategy is when a property purposefully books its inventory beyond capacity in anticipation that a certain amount of guests will cancel or not show up. The thought behind this tactic is that some cancellations – or “wash” – will happen. Sometimes, one or two overbookings are low risk because of future cancellations.

Overbooking 98

Overbooking Cancellation Occupancy OTA 98

Little Hotelier

MAY 12, 2024

Mamori House at Koh Larn is a private Japanese-style accommodation with only five rooms available. But I came across Little Hotelier while searching online and saw many small accommodations in Thailand were using the solution.” It’s very easy to understand and you can always see when customers make reservations or cancel them.

Overbooking 52

Overbooking Cancellation Accommodation Intent 52

STAAH

JULY 12, 2023

Over a half of travellers who responded to a recent Expedia Group survey said they would not book non-refundable accommodation, even if it was discounted.* On Expedia Group sites, your property will show ‘Free Cancellation’ in traveller search results. We recommend a 100% refund for cancellations within a short.

Cancellation 79

Cancellation General Manager Travel Accommodation 79

Little Hotelier

MARCH 25, 2024

Cancellation data: How types of guests and times of year affect cancellation and no-show rates. bad weather, surprise events or event cancellations). Work to identify opportunities and understand why issues occur, such as the reason behind cancellations and no-shows. Adjust your goals as new information comes to light.

Forecasting 52

Forecasting Cancellation Average Length of Stay Revenue 52

Inn Quest

OCTOBER 17, 2023

Here’s a brief explanation of the reasons why hotel overbookings happen: Uncertain Cancellations: Hotels anticipate a certain percentage of reservations to be canceled. However, when guests don’t cancel as expected, it can lead to overbooking. Why Do Hotel Overbookings Happen?

Overbooking 88

Overbooking Cancellation Forecasting Occupancy 88

Hotel Business

NOVEMBER 16, 2023

In the last few years, many in-person meetings, events and conventions worldwide were canceled or postponed. To accommodate demand, 56 or 68% of Miami’s 83 total development projects are located within five miles of the convention center. It also has 24 renovation and brand conversion projects.

Market 122

Market Marketing Construction Pipeline 122

Hotel Business

DECEMBER 1, 2023

This commitment is a result of joining forces with The Neu Project, an initiative from Google’s Experience Institute (Xi) that aims to share resources designed to better accommodate and create a more inclusive experience during meetings and events for neurodivergent attendees. 28 through Dec.

Events 111

Events Cancellation Accommodation Closing 111

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 Average Daily Rate Travel Global Distribution System 52

STAAH

DECEMBER 12, 2023

Create attractive holiday-themed packages that include accommodation, festive meals, entertainment options, or exclusive amenities. Flexible Cancellation Policies While maintaining revenue is crucial, offering flexible cancellation policies during the holiday season can be a winning strategy.

Target Marketing 79

Target Marketing Cancellation Forecasting Revenue 79

TravelNet

JULY 20, 2023

In contrast, Vrbo’s are based on the number of accepted bookings, host cancellations, conversion rate, and review score. Cancellations—yours and theirs. Airbnb penalizes hosts who cancel bookings , so avoid canceling whenever possible. Note: Vrbo highlights listings with the most relaxed cancellation policies.

OTA 98

OTA Cancellation Branding Shopping 98

STAAH

JUNE 6, 2023

A hotel booking engine is a crucial tool for hotels and accommodation providers in today’s time. If you are a smart hotelier or any type of accommodation provider, you would not want to miss the chance of converting your website visitors from an OTA (or any other source) and bag the commission-free direct bookings.

Cancellation 72

Cancellation OTA Global Distribution System Revenue 72

SiteMinder

MARCH 13, 2024

Often travellers will use apps via their mobile devices to research, book, and pay for hotel accommodation. Hotel booking apps are now a dominant source of bookings for accommodation providers, with travellers booking their trips online more often than not. Table of contents Why should you be aware of the best hotel booking apps?

Hotels 78

Hotels Accommodation Global Distribution System Travel 78

SiteMinder

NOVEMBER 15, 2022

Some hoteliers love using this strategy to boost their revenue and protect their property from losing out due to last-minute cancellations. Many hotels do this deliberately to offset last-minute cancellations or no-shows and avoid losing revenue and occupancy. Check your data to see how many cancellations and no-shows you can expect.

Overbooking 52

Overbooking Cancellation Occupancy Closing 52

Little Hotelier

JUNE 29, 2023

Travellers can find your hotel by searching for accommodations in your area, compare prices, read reviews, and ultimately make a reservation. Once they hit “search”, Expedia spits out a long list of available listings, along with details about pricing, ratings, amenities, cancellation policies, and so on. What is Expedia booking?

Cancellation 52

Cancellation Hotels OTA Travel 52

SiteMinder

MAY 25, 2023

The bottom line is that hotels can lose millions of dollars in revenue due to abandonment, especially when you also consider that guests may book a room before delaying payment, and then cancelling altogether. Because booking a trip is such a complex multi-step process, it can take a lot of time to complete. 5 tips from The Hotels Network 6.

Revenue 98

Revenue Cancellation Hotels Accommodation 98

Hotel Business

APRIL 26, 2024

Accommodating room location and type is important, but staying flexible is key: More than 60% of caregivers believe that pre-assigned rooms could make the check-in experience better. to make the travel experience easier. What hotels can do: Preparing for arrival starts with visuals featured on property websites.

Travel 111

Travel Accommodation Cancellation Business 111

Inn Quest

JUNE 6, 2023

Emergence of alternative lodging options: Firstly, it is clear that OTAs have become an integral part of the travel and hospitality industry, providing a convenient and efficient platform for travellers to book accommodations and experiences.

OTA 52

OTA Hospitality Cancellation Consumer 52

Little Hotelier

MARCH 10, 2024

A hotel competitor analysis allows your hotel or small accommodation to compare the strengths and weaknesses of your local peers with your own business, so you can work on being the most attractive option for visiting travellers. For example, if you are a budget property, you would compare yourself to other budget accommodations.

Accommodation 52

Accommodation Hotels Services Market 52

Travelboom Marketing

MARCH 12, 2024

Hotel vs Airbnb Airbnb offers private accommodations that often feature amenities you might not find in a hotel but are standard in a home, like full kitchens and private outdoor spaces. Traditionally, an Airbnb will cost more than a hotel based on the fact that there is more square footage to clean, and can accommodate more guests.

Hotels 52

Hotels Cancellation Digital Marketing Accommodation 52

STAAH

MARCH 3, 2024

Its unique blend of comfort accommodation and a stimulating atmosphere makes it a preferred choice for both business and leisure guests. The vibrant city hotel’s revenue strategy, driven by STAAH’s OTA connections, resulted in a remarkable 300% year-on-year increase in direct bookings since the transition.

OTA 84

OTA Online Sales Cancellation Services 84

STAAH

JUNE 11, 2024

Finding the right balance between OTAs and direct bookings is a crucial strategy for hotels and accommodation providers for success. On one side, you have OTAs (online travel agents) that are vital distribution partners to liquidate unsold inventory and put heads in beds.

OTA 70

OTA Shopping Occupancy Overbooking 70

SiteMinder

NOVEMBER 30, 2023

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

Travel Accommodation Tourism Hotels 52

Hotel Business

SEPTEMBER 27, 2023

As a whole, the Asian travel audience shows an overwhelming preference to invest more in distinct and new experiences during their travels (77%), indicating that experiential travel holds more allure for them than material items.

Travel 59

Travel Cancellation Intent Closing 59

Little Hotelier

NOVEMBER 22, 2023

It offers budget accommodation in almost 2500 cities across the globe, and facilitates millions of bookings every year. If you run a hostel, or some other form of budget-friendly accommodation, it’s one of the most important platforms to have a presence on. Guest reviews form a key part of the Hostelworld offering too.

OTA 52

OTA Accommodation Cancellation Travel 52

Hotel Business

NOVEMBER 15, 2022

Using technology that tracks and analyzes key touchpoints, such as guest reviews, cancellations, in-stay feedback, call propensity and relocations, can all help to build an accurate picture of the overall experience.

Travel 132

Travel Cancellation Accommodation Intent 132

Boutique Hotel News

DECEMBER 5, 2022

The API integration will enable travel agents and customers see key information such as cancellation policies, whilst allowing Hilton and Amadeus to access details such as credit card information and meal plans and preferences. . Previous connectivity through multiple APIs meant that changes to content could not be easily accommodated.

Global Distribution System 52

Global Distribution System Cancellation Accommodation Travel 52

Inn Quest

OCTOBER 11, 2023

Booking.com If you’re looking for a user-friendly OTA with a wide array of accommodation options, Booking.com is a top pick. Airbnb For a unique twist on travel accommodations, Airbnb remains a standout choice. Booking Flexibility: Look for options that allow changes or cancellations.

OTA 88

OTA Travel Cancellation Accommodation 88

Webrezpro

MARCH 14, 2024

Over a half of travelers who responded to a recent Expedia Group survey said they would not book non-refundable accommodation, even if it was discounted.* Flexibility is a major priority for travelers today. A flexible policy can make all the difference between someone booking your listing, or another property’s listing.

Travel 52

Travel Accommodation Cancellation Management 52

Hotel Speak

JANUARY 23, 2024

Safety remains paramount, and highlighting your hygiene protocols and flexible cancellation policies builds trust. And competition intensifies – vacation rentals and alternative accommodations nibble at your market share. Value reigns supreme as economic uncertainty bites.

Hospitality 86

Hospitality Cancellation Market Marketing 86

Cloudbeds

NOVEMBER 8, 2023

Hotels accommodate various payment methods , including credit cards, debit cards, cash, digital wallets, and more, something Marcus says “is a flexibility not as common in other industries.” Cancellations and refunds. Here, we break down the components that make hotel payments unique. Multiple payment methods. Longer waiting periods.

Management 98

Management Cancellation Operations Hotels 98

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. The average cancellation rate is 20%. s accommodation industry employs about 1.6

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59