Remove Average Length of Stay Remove Business Remove Closed To Arrival
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What is a booking engine? How to increase profitability and direct bookings

Cloudbeds

What many lodging businesses overlook are the different ways direct bookings can be captured. A booking engine is a platform used by lodging businesses to capture direct bookings anywhere a guest might be online. These reports can shed light on booking trends, average length of stay, and guest preferences to help guide decision-making.

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What is Yield Management: Guide for Hotels

SiteMinder

Yield management is a pricing and revenue management strategy that is used to maximise business performance. This will vary depending on when someone is buying – hotels will often provide discounts for early bookers, offer lower rates on Sundays, enforce minimum stays etc. You can also use seasonality to help drive regional business.