Little Hotelier

MARCH 25, 2024

Cancellation data: How types of guests and times of year affect cancellation and no-show rates. Outlier factors: How special events and unusual occurrences have historically affected demand (e.g. bad weather, surprise events or event cancellations).

Forecasting 52

Forecasting Cancellation Average Length of Stay Revenue 52

Little Hotelier

NOVEMBER 6, 2023

Public holidays and popular local events will also affect how much you can charge per room. These might follow the four seasons of the year, or they could be defined by school holidays, festive seasons or major local events. Market demand Most hotels see a spike in demand on weekends when compared to weekdays.

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 Average Length of Stay Revenue 59

SiteMinder

OCTOBER 20, 2022

As recently as 2016 STR measured the impact of Airbnb on hotels by impact on ADR during special events; for example, during the Boston Marathon hotel rates grew 5% year over year when unit supply on Airbnb had grown by 76%. 9flats has a similar focus on renting and staying in someone else’s apartment.

Average Length of Stay 52

Average Length of Stay Hotels Accommodation Management 52

Cloudbeds

MARCH 20, 2023

For example, if you receive a lot of group bookings, you may decide to divide them into social (weddings, events, etc.) Analyze booking data for each segment to look for patterns such as: City of origin Booking channels Lead times Stay patterns (E.g., and corporate (meetings, conferences, etc.) Don’t overcomplicate things.

Hotel Marketing 52

Hotel Marketing Market Marketing Average Daily Rate 52