Little Hotelier

OCTOBER 11, 2023

Review your length of stay restrictions Length of stay strategies can boost your revenue when you expect a high volume of bookings coming your way. Minimum length of stay You apply a minimum length of stay when you anticipate a period of high demand followed by low demand.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

Hotelogix

NOVEMBER 13, 2023

The answer to this question is quite simple – if you charge too high, you will lose customers to your local competition that offers reasonable rates for more or less the same type of accommodation and services. You should modify your room pricing either based on maximum length of stay or minimum length of stay to enhance occupancy.

Revenue 52

Revenue Occupancy Forecasting Minimum Length of Stay 52

Xotels

APRIL 3, 2024

Key factors considered in market segmentation include length of stay , day-of-week stays, total revenue per room , total revenue per client, booking lead time, cancellation percentage, and no-show ratio. The graph considers cancellations and identifies peak or slow booking days.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76