Hotel Business

SEPTEMBER 14, 2023

It’s driving a longer average length of stay and a higher ADR, driving, on average, $22,000 in revenue,” he said. Ballotti said that 4,500 franchisees have already opted-in to the Signature Reservation Services, where room booking calls are directed to a professionally run call center. “It’s

Hotels 64

Hotels OTA Resorts Average Length of Stay 64

SiteMinder

MAY 16, 2023

Additional data from SiteMinder’s Hotel Booking Trends indicated that the average length of stay is also on the rise, with 2022 recording longer stays than previous years. This was particularly true for Spain in summer, which had the longest average stay length in August.

Occupancy 106

Occupancy Hotels Average Length of Stay Average Daily Rate 106

Hotel Business

JANUARY 24, 2023

One adjunct to this and one of the major industry changes over the past two years is average length of stay, which from 2015 through 2019 was consistently about 1.9 nights, meaning the overwhelming majority of stays was one night, according to Kalibri Labs’ data. Regardless, this will boost travel and use of hotels.”

Hotels 69

Hotels Average Length of Stay Occupancy Travel 69

Little Hotelier

AUGUST 29, 2023

For example, Little Hotelier lets you generate reports for: Average occupancy rate Average length of stay Average lead time Average revenue per booking Revenue per available room Average daily rate Dollar value of cancelled reservations You can also get a detailed report of your revenue, check-ins, extras, and payments for any date range.

Hotels 98

Hotels ROI OTA Revenue 98

Inn Quest

AUGUST 3, 2023

Average Length of Stay (ALOS): Like repeat guest rate and guest satisfaction survey results, ALOS can show how much visitors like their time at your hotel. However, many visitors also come back because they believe the hotel’s price-to-value ratio is competitive.

Hospitality 98

Hospitality Hotels Average Length of Stay Hotel Marketing 98

Hotel Business

MARCH 16, 2023

In North America, the average booking window exceeded 2019 levels by five days; in Europe, two days. Meanwhile, ongoing travel restrictions in the Asia Pacific region kept the booking window five days short of the 2019 average. Length of stay Most travelers within the data set booked stays of 1 to 2 nights over the last four years.

OTA 52

OTA Average Length of Stay Occupancy Motels 52

Little Hotelier

JULY 10, 2023

Here are the pros and cons: Pros of minimum length of stay Setting or keeping a minimum stay policy at your accommodation can help you: Maximise occupancy and revenue during peak periods Ensure quiet days of the week or weeks of the year have a regular occupancy rate Save on cleaning and maintenance fees, since a full turnover of the room only happens (..)

Minimum Length of Stay 75

Minimum Length of Stay Occupancy OTA Hotels 75

Cloudbeds

MARCH 16, 2023

In North America, the average booking window exceeded 2019 levels by five days; in Europe, two days. Meanwhile, ongoing travel restrictions in the Asia Pacific region kept the booking window five days short of the 2019 average. Length of Stay Most travelers within the data set booked stays of 1 to 2 nights over the last four years.

OTA 52

OTA Average Length of Stay Occupancy Hotels 52

Bookassist

DECEMBER 15, 2021

With the average length of stay lengthening, IRS is an invaluable tool for hotels to sell and convert these longer-stay bookings. With IRS enabled in the Booking Engine , direct bookers are never presented with a sold-out message on their website when availability exists for other room types.

Average Length of Stay 52

Average Length of Stay Hotels Travel Revenue 52

SiteMinder

JUNE 8, 2022

Your average daily rate. Average length of stay. A simple forecasting model that your hotel can get started on is to use purely historical data to predict future outcomes. For example, you could single out a particular month and look at: How many room nights were sold. Your occupancy rate. Your total revenue.

Forecasting 52

Forecasting Hotels Revenue Average Daily Rate 52

TravelNet

NOVEMBER 9, 2022

In 2022 so far, HomeToGo has an average length of stay of 8 days with an average booking value of $2,100. With HomeToGo’s longer length of stay, Track property managers can reduce their operational costs with fewer turn days. Most importantly, HomeToGo is acting as a true partner.”

Average Length of Stay 52

Average Length of Stay Cancellation OTA Revenue 52

SiteMinder

SEPTEMBER 26, 2022

For example, when you identify the market segment that offers your hotel the longest stays you can focus on this segment to drive up the average length of stay in your property. It is a crucial step in applying this data for the benefit of the hotel’s business.

Hotel Marketing 95

Hotel Marketing Hotels Market Marketing 95

Cloudbeds

MARCH 20, 2023

Analyze booking data for each segment to look for patterns such as: City of origin Booking channels Lead times Stay patterns (E.g., arrival and departure days, average length of stay) Preferred room types Average daily rate and revenue per booking Cancellation rates Identify your most valuable market segments.

Hotel Marketing 52

Hotel Marketing Hotels OTA Market 52

SiteMinder

OCTOBER 20, 2022

For hotels that looked beyond rate impacts, there was a trend to catch that meant strategically listing some of their hotel room inventory on Airbnb.

Hotels 52

Hotels Travel Accommodation Average Length of Stay 52

SiteMinder

JUNE 2, 2022

CPOR – Cost per occupied room lets you identify the average cost per occupied room to give you an idea of how healthy your cost of acquisition is. ALOS – Average length of stay tells you how long your guests stay with you on average. How much are you spending to secure a booking?

Hotels 52

Hotels Occupancy KPI Revenue 52

Travel Media Group

APRIL 12, 2023

So the first thing that we’ve observed was that your average length of stay across the board for business travelers has actually increased, which is, which, which is great for us, you know, I mean, hotels are always striving to have a longer length of stay for, for, for transient guests.

Hospitality 96

Hospitality Hotels Travel Hotel Marketing 96