Cloudbeds

JANUARY 17, 2024

For example, when Beyonce visited Cardiff in May 2023, hotel occupancy reached 95.7%, and average daily rate hit GBP 200.15, an all-time high for each metric. Travelers are increasingly drawn to unique experiences, whether concerts (like Taylor Swift and Beyonce) or sporting events.

Hotel Marketing 98

Hotel Marketing Marketing Market Hotels 98

SiteMinder

JULY 13, 2024

The best strategists do not set a static figure; timely and effective pricing strategies adjust rates in real-time based on current demand, ensuring that your property can maximise revenue during peak times and maintain or grow occupancy during quieter periods.

Revenue Management 98

Revenue Management Revenue Management OTA 98

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

eZee Absolute

JANUARY 9, 2023

Have a higher average daily rate. Use social media marketing. So, how about flexing the beauty online? Social media and online marketing are essential tools for any hotel that is preparing to enter into new markets and guest segments. Invest in the latest hospitality technologies.

OTA 52

OTA Hotels Accommodation Travel 52

Cloudbeds

OCTOBER 17, 2024

A basic strategy might involve listing your property on a few key online travel agencies (OTAs) like Airbnb and Booking.com and leaving it at that. By strategically analyzing revenue booked, occupancy rates, acquisition costs, and guest segments, hotels can build an advanced distribution strategy that delivers real value.

OTA 76

OTA Occupancy Hotels Revenue 76