STAAH

APRIL 16, 2024

To help you navigate this decision-making process, let’s explore the essential features to consider when selecting an RMS for your hotel. This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions. Scalability and Flexibility: As your hotel grows, so should your RMS.

Revenue Management 106

Revenue Management Revenue Management Forecasting 106

Hotel Business

FEBRUARY 22, 2023

SiteMinder’s new Hotel Booking Trends report, a hotel commerce data analysis of more than 36,000 hotels and 450+ connected booking integrations, has revealed travelers booked their trips on average eight days earlier, and canceled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Travel 102

Travel Average Length of Stay Average Daily Rate Cancellation 102

Hotelogix

FEBRUARY 17, 2025

Introduction: The Hidden Revenue Killer for Hotels Did you know that hotels utilizing a mix of OTAs, metasearch engines, and direct booking strategies experience significantly higher revenue growth than those relying on a single channel? With the hotel industry in the USA valued at $114.7

OTA 40

OTA Global Distribution System Hotels Revenue 40

Cloudbeds

JANUARY 22, 2025

This makes it particularly relevant for businesses like hotels (but also restaurants, casinos, or airlines), which often face high rent expenses. In this article, we break down this key metric for hotels, providing tips to improve profitability and how technology can simplify reporting. Rent costs. Restructuring costs. in H1 2023.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

Amadeus Hospitality

AUGUST 14, 2024

The Index combines event data from the Knowland platform with hotel booking data from Amadeus’ Demand360 ® business intelligence solution to provide aggregate views of the key drivers of hotel performance. percent increase in the average daily rate. percent increase in average daily rate (ADR).

Average Daily Rate 57

Average Daily Rate Business Events Global Distribution System 57

Hotel Business

AUGUST 14, 2024

The index combines event data from the Knowland platform with hotel booking data from Amadeus’ Demand360 business intelligence solution to provide aggregate views of the key drivers of hotel performance. increase in the average daily rate. Meetings continue to provide stability for hotels after the 2023 boom year.

Business 69

Business Average Daily Rate Global Distribution System Events 69

SiteMinder

FEBRUARY 13, 2023

SiteMinder’s new Hotel Booking Trends report, the only hotel commerce data analysis of more than 35,000 hotels and 450+ connected booking integrations, has revealed travellers booked their trips on average eight days earlier, and cancelled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

SiteMinder

DECEMBER 4, 2023

What are hotel industry statistics? 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. globally next year.

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

Amadeus Hospitality

DECEMBER 21, 2023

Taylor Swift demonstrated the impact that cultural experiences can have on driving air and hotel bookings as she smashed records in the music industry. Large-scale sporting events such as France’s Rugby World Cup substantially impacted hotel occupancies. 2023 has taken our world and our industry to places we’ve never been before.

Travel 94

Travel Occupancy Average Daily Rate Global Distribution System 94

Amadeus Hospitality

SEPTEMBER 6, 2023

Originally pubilshed on PhocusWire Positive momentum continues for the travel industry as global hotel occupancies rapidly return to 2019 levels, with many key destinations having already surpassed pre-pandemic performance this year, according to Amadeus’ Demand360 ® data.

Average Daily Rate 52

Average Daily Rate Global Distribution System Hotels Online Marketing 52

SiteMinder

DECEMBER 20, 2023

What is a hotel business? A hotel business is simply an establishment that offers guests a place to stay. No matter which definition you use, the ultimate goal of all hotel businesses is the same: to attract more guests, fill more rooms, and maximise the value of every booking. Here’s a basic list to get you started.

Business 59

Business Hotels Management Revenue 59

SiteMinder

JANUARY 8, 2024

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Even if you don’t have the luxury of hiring a full team of staff, it’s not impossible to run a successful small hotel business.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Even if you don’t have the luxury of hiring a full team of staff, it’s not impossible to run a successful small hotel business.

Operations 52

Operations Management OTA Hotels 52

Cloudbeds

OCTOBER 17, 2024

While you want them to choose your hotel (and ideally book through your website), you should also aim to maximize the performance of your booking channels to generate more revenue at lower acquisition costs. That’s the essence of a hotel distribution strategy. What is a hotel distribution strategy?

OTA 76

OTA Occupancy Hotels Revenue 76

Amadeus Hospitality

FEBRUARY 12, 2025

The Index combines event data from Knowland by Cendyn with hotel booking data from Amadeus Demand360 business intelligence solution to provide aggregate views of the key drivers of hotel performance. This is the highest overall index rating in four quarters, and the third consecutive quarter over 100 percent. percent due to a 0.7

Average Daily Rate 77

Average Daily Rate Business Global Distribution System Events 77

Amadeus Hospitality

APRIL 25, 2025

Originally published on PhocusWire New research from Amadeus uncovers preferences and dreams of travelers from around the world Every traveler can agree on the importance of having an exciting destination to explore, a safe, clean hotel to call home, a well-maintained rental car, and a helpful insurance provider.

Travel 52

Travel Average Daily Rate Global Distribution System OTA 52