Remove Average Length of Stay Remove Cancellation Remove Intent
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What is Yield Management: Guide for Hotels

SiteMinder

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.

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Travel statistics: Data and reports for hotels

SiteMinder

Generally, travel intent for families is higher now than in previous years, as a rebound occurs. 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.

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