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What is Yield Management: Guide for Hotels

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Learn more Yield management vs revenue management The goal of yield management is not merely to increase room rates or occupancy; rather, it’s to maximise your hotel’s revenue by forecasting your room supply and demand across a variety of key factors. This strategy aims to ensure maximum occupancy.

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Hotel industry statistics: Guide for hotels

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Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Hotel occupancy will increase 2.5% Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93.

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Hotel feasibility study: Full guide with examples and costs

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Here are some examples of known consultants that you can reach out to: HVS (Hospitality Valuation Services) : A well respected global firm that specialises in feasibility studies, valuations, and market research. PKF Hospitality Group : An international firm with broad experience covering the hotel, tourism, and leisure sectors.