Average Daily Rate Average Length of Stay Forecasting OTA 
SiteMinder
JUNE 12, 2024
Learn more Yield management vs revenue management The goal of yield management is not merely to increase room rates or occupancy; rather, it’s to maximise your hotel’s revenue by forecasting your room supply and demand across a variety of key factors. Informed Decision-Making : Yield management relies heavily on data analytics.
SiteMinder
OCTOBER 9, 2023
These metrics encompass a wide range of areas, from financial figures like revenue per available room (RevPAR) and average daily rate (ADR) to operational aspects such as occupancy rates and guest satisfaction scores. It offers insights into room demand and helps in forecasting.
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Little Hotelier
NOVEMBER 6, 2023
Adjust pricing Forecast demand and adjust your room rates well ahead of time. It’s wise to go higher early – if you secure a booking at this high rate, terrific, if you don’t, you can always lower your prices as the dates get closer. Here are six revenue optimisation strategies that any independent hotelier can try.
Little Hotelier
AUGUST 29, 2023
With their scale and global reach OTAs provide hotels with a cost-effective way to increase bookings on a pay-per-performance basis. This is why their commission rates should be seen as a smart investment for your business. Income: Forecasted and other expected revenue. rent): No connection with business activity.
Cloudbeds
MARCH 20, 2023
When done effectively, personalization can help hotels earn more bookings, higher average daily rates (ADR) , and better online reviews. They typically reserve directly with the hotel or through an online travel agency (OTA) or travel agent at non-negotiated rates. Personalization comes from knowing your guests.
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