Little Hotelier

NOVEMBER 6, 2023

Public holidays and popular local events will also affect how much you can charge per room. These might follow the four seasons of the year, or they could be defined by school holidays, festive seasons or major local events. Market demand Most hotels see a spike in demand on weekends when compared to weekdays.

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

SiteMinder

JUNE 12, 2024

It’s not just about how much a guest pays for a room, but also about how their entire stay can be enhanced and monetised. This includes offering tailored packages, suggesting room upgrades, promoting in-house dining experiences, and even curating special entertainment events.

Yield Management 98

Yield Management Management Revenue Management Forecasting 98

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. The average length of stay is 1.93

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

Cloudbeds

MARCH 20, 2023

When done effectively, personalization can help hotels earn more bookings, higher average daily rates (ADR) , and better online reviews. For example, if you receive a lot of group bookings, you may decide to divide them into social (weddings, events, etc.) Personalization comes from knowing your guests.

Hotel Marketing 52

Hotel Marketing Market Marketing Average Daily Rate 52