Remove Average Daily Rate Remove Cancellation Remove Online Marketing
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Hotel revenue management strategies and solutions

SiteMinder

For example, a high-end hotel may usually attract guests with no budget constraints, but in the off-season bookings will drop and the hotel has more flexibility to drop rates, attracting travellers who normally would not be able to afford the stay. To benchmark for this, the Average Rate Index is a good way of looking at this.

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Digital Nomads Are Flocking to Malaysia: How Can Hotels Attract them?

eZee Absolute

Have a higher average daily rate. Which is why it is imperative to offer flexible booking options, such as the ability to easily change or cancel reservations. Elegan offers flexible booking options that allow guests to change or cancel their reservations up to 24 hours before their arrival date without any penalties.

OTA 52
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Advanced distribution strategies for hotels

Cloudbeds

Ad retargeting tools also allow you to create ads with AI-generated content and set your own investment budget to streamline hotel marketing efforts. Ensure your average daily rate (ADR) covers ad spend while leaving a profit margin but invest enough to capture user attention.

OTA 76