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How to attract the right guests with hotel market segmentation (step-by-step guide)

Cloudbeds

When done effectively, personalization can help hotels earn more bookings, higher average daily rates (ADR) , and better online reviews. And it all starts with hotel market segmentation. What is hotel market segmentation? Use booking data to determine which market segments to target.

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Hotel industry statistics: Guide for hotels

SiteMinder

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% million people.

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Make Smart Hotel Decisions with These Essential Revenue Management Reports

eZee Absolute

Flash Report Flash Report presents the summary of hotel performance metrics. It provides a quick overview of key performance indicators (KPIs) such as occupancy rate, Average Daily Rate (ADR) , and Revenue per Available Room (RevPAR) for the previous day, week, month, or year (depending on the configuration).

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Hotel investment: What is a good hotel ROI?

Little Hotelier

Hotel investments come in many shapes and sizes. It could be that you’re buying a hotel business or investing in one you already own through things like property extensions and renovations, hotel marketing, employee training and hotel software.

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Hotel Management: Meaning, Types, and Operations

SiteMinder

Revenue management is another huge part of your hotel operations, with the main business goal focused on how to get more money coming in. You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR). This is just a starting point of channel performance reporting.

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Hotel Management: Meaning, Types, and Operations

SiteMinder

Revenue management is another huge part of your hotel operations, with the main business goal focused on how to get more money coming in. You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR). This is just a starting point of channel performance reporting.