Little Hotelier

MARCH 25, 2024

What is hotel forecasting? Hotel forecasting, also known as hotel demand forecasting, is a strategy that sees a hotel analyse historical data and trends to make predictions about future demand. Hotel forecasting reports are built on a foundation of data. Small, independent hotels might form quite basic forecasts.

Forecasting 52

Forecasting Cancellation Average Length of Stay Revenue 52

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

SiteMinder

NOVEMBER 6, 2023

In this guide we’ll attempt to bring a bit of clarity to what a hotel might face in terms of Airbnb taxes and fees. Split fee: Usually 3% of every booking, though the fee may be slightly higher for hosts with listings in certain areas of Italy, for Airbnb Plus hosts, or for those who opt for a ‘super strict’ cancellation policy.

Cancellation 59

Cancellation Hotels Services OTA 59

Cloudbeds

AUGUST 21, 2023

Additionally, you may distribute your hotel rooms across multiple third-party channels such as OTAs , GDS providers , or meta-search providers. Many larger hotels will implement an overbooking strategy. The thought behind this tactic is that some cancellations – or “wash” – will happen. What is an overbooking strategy?

Overbooking 98

Overbooking Cancellation Occupancy OTA 98

Hotel Business

NOVEMBER 16, 2023

In the last few years, many in-person meetings, events and conventions worldwide were canceled or postponed. Top convention center cities are preparing for increased demand by building new hotels and refurbishing or repositioning existing ones. Another 35 hotels/6,230 rooms are in the renovation and conversion pipeline.

Market 122

Market Marketing Construction Pipeline 122

SiteMinder

MARCH 13, 2024

What is a hotel booking app? A hotel booking app is an application or website that travellers use to book a stay at a hotel. Often travellers will use apps via their mobile devices to research, book, and pay for hotel accommodation. Table of contents Why should you be aware of the best hotel booking apps?

Hotels 78

Hotels Accommodation Global Distribution System Travel 78

Inn Quest

OCTOBER 17, 2023

This is why our guide discusses how to avoid overbooking in hotels. As is known, overbooking can be a delicate issue for hotels, as it causes disgruntled guests who are unable to check into their rooms. Hotel Overbooking: Concerning or Not? Hotel overbookings are concerning but not uncommon in the industry.

Overbooking 88

Overbooking Cancellation Forecasting Occupancy 88

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

STAAH

DECEMBER 12, 2023

Here are 8 smart pricing strategies for hotels to boost revenue and drive more bookings during the holiday season The holiday season marks a period of increased travel, festive cheer, and heightened demand in the hospitality industry. Let’s explore some tips to maximize your hotel’s profitability during this festive period.

Target Marketing 79

Target Marketing Cancellation Forecasting Revenue 79

Travelboom Marketing

MARCH 12, 2024

After choosing where they’ll vacation, guests typically consider the next difficult decision about their trip: Airbnb or hotel? So, how does airbnb compete with hotels? Alternatively, hotels offer services like daily housekeeping or room service. How can your hotel compete with Airbnb in 2024?

Hotels 52

Hotels Cancellation Digital Marketing Accommodation 52

Little Hotelier

MARCH 10, 2024

What is a hotel competitor analysis? 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. What is a hotel comp set and how do you find it?

Accommodation 52

Accommodation Hotels Services Market 52

SiteMinder

DECEMBER 4, 2023

What are hotel industry statistics? 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. globally next year.

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

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

SiteMinder

MAY 25, 2023

SiteMinder and The Hotels Network Conversion rates and abandoned reservations have always been a challenge for hotels, more so than in most other industries. The average hotel website converts somewhere between 1.5-2.5% Because booking a trip is such a complex multi-step process, it can take a lot of time to complete.

Revenue 98

Revenue Cancellation Accommodation Hotels 98

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. Hotel rates are expected to rise globally in 2024, with increases of up to 13% in some cities.

Travel 52

Travel Accommodation Tourism Hotels 52

Hotel Business

APRIL 26, 2024

planning to travel at least one night this year, a new survey led by Hyatt finds hotels can make their travel journeys, from pre-arrival to checkout, more seamless and inclusive. What hotels can do: With the option of self-disclosure comes the responsibility to train on-property teams. to make the travel experience easier. .

Travel 111

Travel Accommodation Cancellation Business 111

Cloudbeds

NOVEMBER 8, 2023

To provide background into the intricacies of hotel payments and how an experienced team and customized solution can be a game-changer for lodging operators, we spoke to Marcus Marcondes de Carvalho, Payments Risk Compliance Manager at Cloudbeds. Here, we break down the components that make hotel payments unique. Sounds simple enough.

Management 98

Management Cancellation Operations Hotels 98

SiteMinder

SEPTEMBER 7, 2023

What are hotel fees? Hotel fees encompass a range of extra charges guests may pay for amenities and services. They can also be strategic revenue boosters that can significantly elevate your hotel’s profitability. However, they are more than just additional charges on a guest’s bill.

Revenue 105

Revenue Hotels Services Cancellation 105

STAAH

JUNE 6, 2023

A hotel booking engine is a crucial tool for hotels and accommodation providers in today’s time. It plays a key role in the overall success of a hotel’s operations. By facilitating direct bookings, hotels can avoid commission fees and have more control over their pricing, promotions, and guest relationships.

Cancellation 72

Cancellation OTA Global Distribution System Revenue 72

STAAH

MAY 30, 2023

In today’s digital age, effective hotel distribution and pricing strategies are crucial for maximizing revenue and staying competitive. With the rise of online travel sales and the influence of e-commerce and review sites, accommodation providers must adapt to the evolving distribution landscape.

OTA 83

OTA Hotels Revenue Travel 83

eZee Absolute

SEPTEMBER 22, 2023

Running a hotel is a complex and balancing act: you want to ensure all your rooms are booked and your guests are happy, but how do you set the right prices to make this happen? Well, that’s where “hotel rate types” come into play. Table of Content What are hotel rate types? So, let’s dive in!

Revenue 52

Revenue Management Occupancy Revenue Management 52

SiteMinder

SEPTEMBER 6, 2023

While they can be a wild card in the hotel management game, they offer a unique opportunity to maximise occupancy and revenue. However, they do require a level of agility and real-time responsiveness from the hotel’s end to ensure a seamless guest experience. However, it isn’t just a matter of “more = better”.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

Hotelogix

FEBRUARY 8, 2024

Creating a guest-centric hotel isn't just about smiling at guests when they walk through the door; it's a philosophy that shapes every interaction, service, and amenity your hotel offers. Most importantly, we will see how a user-friendly hotel management software can help you in this. 

Management 59

Management Services Hotels Cancellation 59

Hotel Speak

JANUARY 23, 2024

For hotel marketers, navigating this new landscape means ditching the rearview mirror and focusing on the winding road ahead – a road packed with trends that demand both agility and vision. Hotels adapt with dedicated workspaces, flexible meeting options, and high-speed internet that fuels productivity. And authenticity reigns supreme.

Hospitality 89

Hospitality Cancellation Market Marketing 89

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. To learn about hotel pricing strategies to boost revenue in 2023, read this.

OTA 52

OTA Hospitality Cancellation Consumer 52

Travelboom Marketing

MAY 3, 2024

Hoteliers should be no stranger to Google Hotel Ads. But if you have yet to dip your toes into the waters of metasearch advertising, Google Hotel Ads is the place to start. In this guide, you’ll learn about the whats, whys, wheres, and hows of Google Hotel Ads, plus helpful tips and specialist support if you need it.

OTA 52

OTA Hotels Branding Real Estate 52

Little Hotelier

OCTOBER 11, 2023

Peak season in hotel industry parlance refers to the times of year that are most popular amongst guests, and are therefore the times of year that your room rates are at their highest and your property is at its fullest. Learn more When is peak travel season for hotels? What is peak season? To answer the question “when is peak season?”,

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 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. This is a contributed piece to Hotel Business , authored by an industry professional.

Travel 132

Travel Cancellation Accommodation Intent 132

SiteMinder

OCTOBER 15, 2023

Booking channels are platforms by which your hotel can accept reservations online or offline. They can also be known as distribution channels and are crucial for ensuring your hotel maintains a healthy occupancy rate and revenue stream. Table of contents Why are online booking channels important for hotels?

Global Distribution System 59

Global Distribution System OTA Revenue Hotels 59

Cloudbeds

APRIL 24, 2023

Here we discuss common types of fraud in the hotel industry, along with 6 ways to prevent credit card fraud and technology solutions to help. Here are some of the most common types of fraud in the lodging industry: Chargeback fraud A chargeback occurs when a guest disputes a hotel charge with their credit card company or issuing bank.

Hotels 98

Hotels Cancellation Operations Consumer 98

Hotelogix

OCTOBER 18, 2023

A hotel reservation system is far more than a booking tool. It's a comprehensive solution that empowers your hotel to optimize operations, deliver exceptional guest experiences, and thrive in a competitive industry. 

Business 40

Business Global Distribution System Cancellation Hotels 40

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. This platform stands out with its intuitive website and app, making it easy to find and book hotels, vacation rentals and even flights.

OTA 88

OTA Travel Cancellation Accommodation 88

Little Hotelier

APRIL 4, 2023

What is hotel website design? Hotel website design is the practice of designing a website for your accommodation business that is functional, aesthetically pleasing, and optimised for conversion. How important is hotel web design for your property? How important is hotel web design for your property?

Accommodation 52

Accommodation Hotels Travel OTA 52

Little Hotelier

APRIL 28, 2023

What is a hotel cancellation policy? Hotel cancellation policies offer hotel guests the opportunity to cancel their booking up until a certain amount of days before check-in. Once this date has passed, the hotel might charge the guest a set cancellation fee, a percentage of the booking, or the full amount.

Cancellation 52

Cancellation Hotels Events Revenue 52

Cloudbeds

APRIL 24, 2023

Here we discuss common types of fraud in the hotel industry, along with 6 ways to prevent credit card fraud and technology solutions to help. Here are some of the most common types of fraud in the lodging industry: Chargeback fraud A chargeback occurs when a guest disputes a hotel charge with their credit card company or issuing bank.

Hotels 92

Hotels Cancellation Operations Consumer 92

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

Cloudbeds

JULY 27, 2023

Trivago is a hotel metasearch engine aggregating data from multiple online distribution channels to enable price comparison in one place. As one of the most popular metasearch platforms in the hotel industry, Trivago is an essential component of the distribution strategy of a successful hotel. How do they work?

Cost Per Click 52

Cost Per Click OTA Digital Marketing Accommodation 52