Remove Accommodation Remove Forecasting Remove Management Remove Maximum Length of Stay
article thumbnail

Want to Improve Hotel Occupancy Rate? Try these Strategies.

Hotelogix

You can increase your rate and occupancy as many people will be looking to book their accommodations. On the other hand, a hotel with poor ratings or negative reviews can deter guests from booking a stay there.  For this, adopt a Channel Manager and integrate it with the Cloud Hotel PMS.

article thumbnail

5 Most Effective Hotel Room Pricing Strategies to Boost Revenue

Hotelogix

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. To come up with the right pricing, you need to demand, forecast, business on the books and even the price sensitivity.

Revenue 52
article thumbnail

Hotel Revenue Management Strategies

Xotels

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.