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.

ROI 98

ROI Hotels Average Length of Stay Revenue 98

Little Hotelier

NOVEMBER 6, 2023

Manage no-shows and cancellations No-shows and late cancellations can be damaging to your revenue optimisation efforts, so you need to craft a fair policy, ensure all guests understand it, then enforce it to the letter. Offer guests a discount if they refer friends and family to your hotel.

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. The average booking lead time for hotels is 29.7 The average length of stay is 1.93 The average cancellation rate is 20%.

Occupancy 59

Occupancy Hotels Revenue Cancellation 59

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. In instances of misalignment, the tool reconciles those stays so the appropriate commission is charged. Wyndham also debuted its new OTA reconciliation tool.

Average Length of Stay 64

Average Length of Stay OTA Services Revenue 64

SiteMinder

JUNE 12, 2024

This can involve overbooking strategies to account for last-minute cancellations or no-shows. Overbooking Strategy : Intentionally accepting more reservations than available rooms, anticipating that a certain percentage of guests will cancel or not show up. This helps in tailoring specific offers or rates to different guest segments.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

SiteMinder

NOVEMBER 30, 2023

67% of families say that they now check cancellation policies when making travel arrangements and 47% say they now buy travel insurance. 42% of Thai guests are ‘very supportive’ of their personal data being used to better their stay. Tourists spend an average of 167 USD per day in Thailand. Learn more about the report here.

Travel 52

Travel Accommodation Tourism Hotels 52

SiteMinder

OCTOBER 20, 2022

Due to its longer average length of stay and diverse global customer base that is looking for more home-like accommodations, hotels are able to leverage Airbnb for distribution: simply by positioning larger or multi-bedroom room types, perhaps with kitchens or other amenities, to an audience that may previously not have landed on their own website.

Hotels 52

Hotels Average Length of Stay Accommodation Management 52

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 Marketing Market Average Daily Rate 52

Hotelogix

MAY 9, 2025

Step 2: Analyze Guest and Booking Data Look at booking lead times, average length of stay, preferred channels, and cancellation rates to build data-driven pricing models. Offer value-adds or flexible cancellation to boost occupancy without cutting rates. Midweek corporate lull? Festive seasons or long weekends?

Average Length of Stay 40

Average Length of Stay 40