Little Hotelier

JANUARY 5, 2025

Located in Sukapura Village, Probolinggo, East Java, this charming accommodation is a convenient stop for travellers heading to Mount Bromo via the Tongas-Probolinggo route. For instance, bookings for February through August are already accounted for, giving us a clear picture of future occupancy, he added.

Operations 52

Operations OTA Occupancy Forecasting 52

Hospitality Tech

JUNE 16, 2025

Motorised height adjustment To accommodate all possibilities and room types – including sloping environments or areas with rising seating, such as cinema rooms or conference centres – the Philips 135HDL6015IA features a motorised trolley enabling smooth and safe electric lifting, also supporting its portability. We took this on board.

Operations 52

Operations Upsell Services Scale 52

Hotelogix

APRIL 11, 2025

Hotel tax, often referred to as occupancy tax, lodging tax, or tourism tax, is a fee imposed on guests staying at hotels , motels, or other lodging facilities. This revenue is forecast to increase to approximately $54.36 In some regions, hotel occupancy tax collections are showing remarkable growth. What Is Hotel Tax?

Occupancy 40

Occupancy Tourism Hotels Revenue 40

Hospitality Tech

JUNE 9, 2025

We believe that QSRs ability to drive efficient order flow with proper routing and timing, combined with Crunchtimes inventory forecasting and prep management–leveraging data insights across the entire restaurant workflow–will directly impact speed and quality of service for our customers."

Operations 52

Operations ROI Branding Management 52

Hospitality Tech

JUNE 9, 2025

We believe that QSRs ability to drive efficient order flow with proper routing and timing, combined with Crunchtimes inventory forecasting and prep management–leveraging data insights across the entire restaurant workflow–will directly impact speed and quality of service for our customers."

Operations 52

Operations ROI Branding Management 52

Hospitality Tech

JUNE 9, 2025

We believe that QSRs ability to drive efficient order flow with proper routing and timing, combined with Crunchtimes inventory forecasting and prep management–leveraging data insights across the entire restaurant workflow–will directly impact speed and quality of service for our customers."

Operations 52

Operations ROI Branding Management 52

Hotelogix

APRIL 16, 2025

Meanwhile, nationwide hotel occupancy reached 67.5% With the right systems in place, you can generate an insightful report on occupancy trends, revenue streams, and guest behavior—empowering you to adjust strategies in real time. What does this mean for you as a new hotelier ? Success also depends on data-backed decisions.

Management 52

Management Revenue Management Revenue Average Daily Rate 52

Hotelogix

MARCH 6, 2025

The Internet of Things (IoT): Smart Rooms Redefined Welcome to the era of truly intelligent accommodations: Voice-Activated Controls : From thermostat adjustments to room service orders, your voice is the only tool you need. These systems go beyond simple commands, understanding context and even tone of voice.

Hotels 52

Hotels Services Management Hospitality 52

Hotel Management

FEBRUARY 13, 2024

Occupancies are at unparalleled levels over the concert periods, and we have also seen a surge in regional demand as Swifties take the opportunity to travel further. For both the Melbourne and Sydney concerts we’ve seen a bump in hotel occupancy around the event dates, and our restaurants have also seen great reservation numbers.

Occupancy 290

Occupancy Tourism Events Accommodation 290

Demand Calendar

APRIL 25, 2023

Destination demand forecasting estimates the overall daily demand for hotel rooms in a particular destination. This type of forecasting is essential for understanding the total demand for accommodation in a destination. This type of forecasting is essential for understanding the total demand for accommodation in a destination.

Forecasting 96

Forecasting Occupancy Accommodation Revenue 96

Hotel Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Some of the findings: Direct bookings are on the rise.

Occupancy 115

Occupancy Ancillary Revenue Upsell Revenue 115

Hotel Management

NOVEMBER 9, 2023

“STR’s 2024 outlook data suggests all of Australia’s capital cities are experiencing strong ADRs through the end of 2023 and that this is set to continue into the coming year, with occupancies following,” said Simpson. It’s an ecosystem,” he said.

Forecasting 265

Forecasting Consumer Management Branding 265

Hotel Management

MAY 1, 2023

Ascott acquired the Oakwood portfolio last year Lyf is an accommodation concept targeting next-generation travellers including non-traditional corporates such as digital nomads, start-ups, entrepreneurs and creatives.

Retail 246

Retail Accommodation Branding Market Share 246

Cloudbeds

OCTOBER 9, 2024

Hotel forecasting is a critical component of successful hotel management, serving as the foundation for strategic decision-making and operational efficiency. For hotel managers and the industry as a whole, accurate forecasting is not just beneficial—it’s essential for maintaining competitiveness and profitability in a dynamic market.

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59

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. Once your hotel has an idea of demand, you can make tweaks to your room and service prices that help maximise revenue and occupancy.

Forecasting 52

Forecasting Cancellation Average Length of Stay Revenue 52

STAAH

APRIL 16, 2024

In the ever-evolving hospitality industry, staying competitive demands more than just offering great accommodations and service. An RMS should provide detailed insights into key performance metrics such as Room Revenue Per Available Room (RevPAR), Average Daily Rate (ADR), occupancy rates, booking pace, and revenue forecasts.

Revenue Management 108

Revenue Management Revenue Management Forecasting 108

Hotelogix

NOVEMBER 19, 2023

As a hotelier, boosting the occupancy rate is critical to running a successful business. In a highly competitive industry, you must attract and retain guests to increase your property's occupancy rate and revenue. This article will explore various ways to improve hotel occupancy rates and the role of technology in it. 

Occupancy 59

Occupancy Maximum Length of Stay Minimum Length of Stay Revenue Management 59

STAAH

JULY 8, 2024

Accommodation providers can navigate these by leveraging online bookings and digital marketing strategies. Here’s a comprehensive guide to help accommodation providers optimize their efforts and maintain steady occupancy rates during economic downturns.

Digital Marketing 52

Digital Marketing Accommodation Marketing Market 52

Hotel Speak

SEPTEMBER 26, 2024

Certainly rates and occupancy grew very nicely in 2023, but we reached a plateau where we couldn’t really push rates any further,” Jon Siberry, Group Revenue Manager of Sarova Hotels explained. Any increase in revenue is going to come through occupancy, so 2024 has been a bit more of a push.

Marketing 104

Marketing Market Hotels Forecasting 104

SiteMinder

JULY 11, 2024

“Partnering with SiteMinder marks a significant milestone for Globales, especially as we prepare for what our forecasts indicate will be a strong period of travel,” says Federico Crudo, Director of Commercial and Marketing at Globales. “We

Revenue 105

Revenue Branding Forecasting Revenue Management 105

Inn Quest

AUGUST 8, 2023

Offering competitive rates during off-peak seasons allows hotels to remain active in the market and attract guests even when other competitors might be struggling to maintain occupancy. By accurately forecasting demand patterns, hoteliers can allocate the right number of rooms to each price tier.

Hotels 88

Hotels Overbooking Occupancy Revenue 88

STAAH

APRIL 23, 2024

Interactive dashboards and visual representations make it easier for revenue managers to make data-driven decisions, identifying revenue trends, tracking performance metrics, and accurately forecasting future demand. The availability of mobile and cloud-based options has made revenue management more convenient and accessible for businesses.

Revenue Management 111

Revenue Management Revenue Ancillary Revenue Management 111

Inn Quest

OCTOBER 17, 2023

That being said, this blog explores some best practices for avoiding overbooking in the hotel industry as well as how to accurately track occupancy rates and manage inventory across multiple channels. This risky strategy aims to ensure full occupancy, but it can backfire. The question yet remains: is it the right thing to do?

Overbooking 88

Overbooking Cancellation Forecasting Occupancy 88

STAAH

JUNE 4, 2024

It serves as a virtual storefront, enabling visitors to browse available accommodations, check prices, and complete bookings without third-party involvement. A hotel booking engine is a software application integrated into a hotel’s website, allowing guests to reserve rooms directly.

Revenue 111

Revenue Hotels Occupancy Management 111

Hotel Business

FEBRUARY 28, 2023

As forecasted , Phoenix’s hotel industry ranked second all-time among Super Bowl host markets in ADR and RevPAR during the weekend of the big game, according to STR. While the market’s rankings were as forecasted, the values that produced that status were different than projected.

Occupancy 52

Occupancy Forecasting Marketing Market 52

Little Hotelier

JULY 10, 2023

It can help you maximise your revenue and control your occupancy, but it’s a delicate balance that relies on managing supply and demand. Hotels and other accommodation providers actively use MLOS policies to take advantage of periods of high demand, especially if they are coming out of a low period. Why do hotels use MLOS?

Minimum Length of Stay 76

Minimum Length of Stay Occupancy Average Length of Stay Revenue 76

eZee Absolute

DECEMBER 7, 2023

This myth has gained momentum because RM services are being adopted majorly by high-end accommodation providers. Myth #5: Budgeting and demand forecasting aren’t important in revenue management When it comes to hotel revenue management, budgeting and demand forecasting play a crucial role. 100% occupancy rate and better revenue.

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

Hotelier Magazine

SEPTEMBER 18, 2024

On one hand, lower levels of supply growth may be limiting the ability to accommodate additional demand, particularly during peak periods. But on the flip side, the lower levels of supply have allowed the country to rebound to record occupancy levels and drive strong rate growth. per cent in Vancouver to a high of 30.3

Occupancy 52

Occupancy Marketing Market Accommodation 52

SiteMinder

AUGUST 11, 2024

Thanks to these solutions, today’s revenue manager can produce forecasts, distribute inventory and adjust rates with speed – a stark contrast to the manual and long drawn-out processes that defined the practice in the past. A richer data set will allow for a clearer picture of market conditions and improved forecasting.

Revenue Management 84

Revenue Management Revenue Management Forecasting 84

Little Hotelier

AUGUST 29, 2023

Prioritising your investments correctly will ensure your budget spend is contributing towards increased revenue and occupancy rates. Unique B&B Signage Signage is your chance to advertise to passing guests who haven’t yet booked their accommodation for the night. Income: Forecasted and other expected revenue.

ROI 98

ROI Average Length of Stay Hotels Revenue 98

SiteMinder

JULY 13, 2024

This then allows you to make informed decisions on what accommodation to promote to the right client, at the right time, with appropriate pricing through the most suitable distribution channel. Forecasting Forecasting involves predicting future demand for rooms. We’ll talk more about forecasting and analysis later.

Revenue Management 98

Revenue Management Revenue Management OTA 98

SiteMinder

AUGUST 1, 2024

Key goals: State your main objectives, such as increasing occupancy rates, boosting revenue, or expanding your hotel chain. Pricing strategy: How you will set competitive room rates and consider implementing revenue management strategies to maximise occupancy and revenue. based on your projected occupancy and service levels.

Business 95

Business Revenue Hotels Occupancy 95

SiteMinder

OCTOBER 15, 2023

For example, in the morning you may have lower rates because your occupancy is low and demand is not strong. Dynamic pricing can be an important strategy for a hotel that’s looking to optimise occupancy and maximise profit. This will allow them to capitalise on opportunities to boost occupancy and/or maximise revenue.

Occupancy 59

Occupancy Revenue Hotels Revenue Management 59

SiteMinder

APRIL 18, 2024

London, UK : The average lead time for accommodation bookings has increased 13% year-on-year to 83 days for the coming London Marathon weekend, shows data from SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels. year-on-year.

Average Daily Rate 59

Average Daily Rate Revenue Management Accommodation Revenue 59

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. Hotel occupancy will increase 2.5% Average US occupancy rate is just under 65%.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

Hotelogix

NOVEMBER 13, 2023

It would help you sell more rooms and boost your occupancy. 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. Ultimately, this leads to increased profitability.

Revenue 52

Revenue Occupancy Minimum Length of Stay Forecasting 52

Xotels

APRIL 3, 2024

Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76