Remove Average Daily Rate Remove Average Length of Stay Remove Upsell
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Hotel revenue optimisation strategies for small hotels

Little Hotelier

Advanced booking pricing On the flipside you could consider offering an early bird rate for advanced bookings, to ensure you attract enough guests to at least break even. All remaining rooms are just icing on the cake, so you can then focus on selling them at elevated rates.

Revenue 59
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What is Yield Management: Guide for Hotels

SiteMinder

This involves tracking key performance indicators (KPIs) like Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Gross Operating Profit Per Available Room (GOPPAR). Upselling and cross-selling strategy pricing Upselling and cross-selling revolve around enhancing guest value.

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The role of data analytics in optimizing hotel operations

Cloudbeds

Basic KPIs include average daily rate (ADR) , occupancy (OCC), revenue per available room (RevPAR), and average length of stay (ALOS). Managers can analyze revenue data to find ways to increase guest spend through menu engineering, upselling, and promotions. Revenue management KPIs.