Remove Average Daily Rate Remove Global Distribution System Remove Hotel Marketing
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Exclusive: Choice reports direct bookings boom, continued RevPAR growth

Hotel Management

“It comes as a result of the additional investment that we placed in both above and below the line marketing throughout 2020, because we knew the market would come back and we wanted to make sure that we were there front and centre when it did.” That’s quite a resilient segment of the market,” Fraser said.

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Hotel industry statistics: Guide for hotels

SiteMinder

Table of contents Hotel statistics that matter in 2024 The travel industry is set for strong recovery in 2024 , which is good news for hoteliers, with some positive statistics already showing up. Hotel occupancy will increase 2.5% globally next year. Hotel average daily rate (ADR) is projected to grow by 4.9%

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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). Offer options guests won’t be able to find on OTAs.

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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). Offer options guests won’t be able to find on OTAs.

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Advanced distribution strategies for hotels

Cloudbeds

Direct channels allow travelers to make a reservation directly with the property through the hotel’s website, social media channels, walk-ins, phone, and email. Hotel management must balance direct and indirect channels to secure a steady stream of bookings whilst increasing revenue.

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