Hotelogix

NOVEMBER 19, 2023

You can increase your rate and occupancy as many people will be looking to book their accommodations. Implement length of stay: By setting minimum or maximum length of stay restrictions, you can have a steady flow of guests throughout both peak and low seasons.

Occupancy 59

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

Little Hotelier

OCTOBER 11, 2023

It helps you to increase occupancy during the slow period that follows (so that stays in the high demand period ‘spill over’ into the less demanding period). Maximum length of stay You apply a maximum length of stay when you expect to be able to sell out rooms at higher rates.

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

Revenue managers should analyse past booking patterns, referencing the guest in-house list from the previous year, including denials and regrets, to understand stays of varying lengths. Ancillary revenue refers to income derived from goods or services offered beyond the core accommodations offering.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76