Remove Average Length of Stay Remove Closing Remove Overbooking
article thumbnail

What is a booking engine? How to increase profitability and direct bookings

Cloudbeds

On your booking engine, showcase your different rate plans like breakfast included, early-bird, or extended-stay discounts so that travelers can choose the plan that best fits their needs. These reports can shed light on booking trends, average length of stay, and guest preferences to help guide decision-making.

OTA 98
article thumbnail

What is Yield Management: Guide for Hotels

SiteMinder

This can involve overbooking strategies to account for last-minute cancellations or no-shows. This involves tracking key performance indicators (KPIs) like Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Gross Operating Profit Per Available Room (GOPPAR). This strategy aims to ensure maximum occupancy.

article thumbnail

Sell Smarter in 2025 with Hotel Yield Management

Hotelogix

Better Occupancy Control: Maximize sold rooms without overbooking or rate dumping. 👉 Read Also - Hotel Bidding in 2025: The New Way to Get the Best Deal Yield Management vs. Revenue Management While yield management and revenue management are closely related, they serve different purposes in a hotel’s commercial strategy.