STAAH

APRIL 16, 2024

Hoteliers need to employ smart strategies to optimize revenue and profitability. One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS). This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.

Revenue Management 79

Revenue Management Revenue Management Forecasting 79

Hotel Management

MARCH 30, 2023

In 2022, Choice Hotels Australian RevPAR rose 31% on 2019, with average daily rates (ADR) up 10% on the same period. Australian revenue managed hotels had a 40% RevPAR increase in 2022 and ADR was up 10% on 2019 figures. That’s quite a resilient segment of the market,” Fraser said.

Average Daily Rate 147

Average Daily Rate Global Distribution System Pipeline Marketing Strategy 147

SiteMinder

JANUARY 30, 2023

Besral Sitorus, Cluster Revenue Manager of the hotel, expressed his satisfaction after relying on SiteMinder: “SiteMinder has a LOT of connections, which makes it easier for us to connect with valuable channels. The team was struggling to widen visibility via online channels with their previous technology solution.

Average Daily Rate 98

Average Daily Rate Global Distribution System Management Sales 98

Amadeus Hospitality

DECEMBER 21, 2023

The enhanced Agency360+™ corporate performance dashboard delivers greater insight into corporations that are being booked via the Global Distribution System (GDS) in individual markets, providing users with more clarity as to which corporations and associated travel agencies are bringing the most value to their business.

Travel 97

Travel Occupancy Average Daily Rate Global Distribution System 97

SiteMinder

DECEMBER 4, 2023

globally next year. Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. Online sales in the hotel segment will generate 80% of total revenue in 3 years. Hotel occupancy will increase 2.5% in the next 12 months. million people.

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

SiteMinder

DECEMBER 20, 2023

RevPAR , or revenue per available room, is one the easiest ways to predict revenue for a hotel. Simply multiply your predicted average daily rate (ADR) by your occupancy rate. For example if your hotel is expected to be occupied at 80% with an ADR of $200, your RevPAR will be $160.

Business 59

Business Hotels Management Revenue 59

SiteMinder

JANUARY 8, 2024

Types of hotel management If we zoom in on accommodation management, it too can be divided into a few different categories, which reflect the broad range of tasks and challenges that hotel management presents. You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR).

Operations 59

Operations Management OTA Hotels 59