Cloudbeds

MARCH 23, 2023

Consider adding a live chat widget to answer questions in real-time to guide them through the booking process and increase upselling opportunities. Technology that powers hotel eCommerce Behind every successful eCommerce strategy is a suite of software tools supporting and automating a property’s promotions and sales.

OTA

Amadeus Hospitality

AUGUST 24, 2023

The latest data from Amadeus’ Demand36 0® reflects this, with on-the-books global hotel occupancy rates for H1 2023 trending above 2022 and 2021 levels, and just 3 points behind those seen in 2019. In addition, global hotel average daily rates (ADR) are already above pre-pandemic levels.

Travel

Little Hotelier

FEBRUARY 25, 2024

Another common strategy utilised in hotel revenue management consulting is to identify other potential revenue streams, from value-adding services, to new target markets, to opportunities to upsell and cross-sell. Able to increase production through activation and maintenance of sales channels.

Revenue Management

SiteMinder

JULY 13, 2024

Hotel revenue managers can use a revenue management system to help better understand trends in which they can modify the supply of rooms and adjust a pricing strategy whereby rates are implemented with the aim to increase sales and profitability. To benchmark for this, the Average Rate Index is a good way of looking at this.

Revenue Management

SiteMinder

JUNE 12, 2024

Nevertheless, it is important to note that yield management has a more narrow focus and is concerned only with the selling price and the volume of sales, so that the best possible revenue yield can be achieved. Upselling and cross-selling strategy pricing Upselling and cross-selling revolve around enhancing guest value.

Yield Management

Cloudbeds

DECEMBER 2, 2024

Understanding future demand trends, their causes, and the guest segments driving them can help hotel revenue managers adjust room rates to boost occupancy and sales. Points above the line indicate days when the hotel’s occupancy outperforms the compset average, while points below the line indicate underperformance.

Forecasting

Amadeus Hospitality

SEPTEMBER 6, 2023

Source: Amadeus Demand360 data as of August 18, 2023 Average daily rates remained higher than 2019 for the entirety of H1 2023, and guests paying higher costs now expect more from their stay. This is placing added pressure on hoteliers to meet, and where possible, exceed heightened guest expectations.

Average Daily Rate

Cloudbeds

SEPTEMBER 18, 2024

Basic KPIs include average daily rate (ADR) , occupancy (OCC), revenue per available room (RevPAR), and average length of stay (ALOS). Managers can analyze revenue data to find ways to increase guest spend through menu engineering, upselling, and promotions. Revenue management KPIs. Food & beverage KPIs.

Operations

Hotelogix

JANUARY 29, 2025

Here’s the scoop: Dynamic pricing strategies : AI-powered systems adjust rates in real-time based on demand, events, and competitor pricing, maximizing revenue per available room (RevPAR). Upselling on steroids : Intelligent systems identify opportunities to offer personalized upgrades and services, increasing average guest spend.

Management

Cloudbeds

JUNE 5, 2024

That’s when reputation pricing comes in, allowing revenue managers to increase metrics like ADR (average daily rate) and, ultimately, RevPAR ( revenue per available room ). The connection between reputation and rates Several research studies have confirmed the connection between reputation and rates.

Revenue Management

SiteMinder

OCTOBER 10, 2023

To effectively interpret these reports, follow these steps: start by identifying the key metrics that align with your hotel’s goals, such as occupancy rates, average daily rates (ADR), and revenue per available room (RevPAR). What sets UpStay apart is its unique approach to upselling.

Hotels

SiteMinder

JANUARY 8, 2024

Sales management: Sales are the lifeblood of any business, and some will employ a dedicated sales team to drive more business. Marketing management: The other side of the sales coin, marketing ensures your hotel has a steady stream of interested guests.

Operations

SiteMinder

JANUARY 8, 2024

Sales management: Sales are the lifeblood of any business, and some will employ a dedicated sales team to drive more business. Marketing management: The other side of the sales coin, marketing ensures your hotel has a steady stream of interested guests.

Operations

SiteMinder

SEPTEMBER 6, 2023

This allows you to maintain or even increase your average daily rate (ADR). Pre-arrival upselling Late bookings offer a narrow window for pre-arrival upselling, but it’s a golden opportunity. This diversity can enrich your customer database and allow you to access new audiences.

Overbooking

Cloudbeds

OCTOBER 17, 2024

A dedicated page also allows you to outline your group sales and booking process, demonstrating that you understand the needs of the market and are committed to creating an exceptional guest experience. Ensure your average daily rate (ADR) covers ad spend while leaving a profit margin but invest enough to capture user attention.

OTA

Xotels

MAY 30, 2025

Pure, unadulterated room sales. I lived and breathed Average Daily Rate (ADR) and Occupancy. It considers: Food & Beverage: How do I offer a breakfast package that increases my average spend per guest? How can I best upsell AV equipment or catering packages? It was all about rooms.

Yield Management