SiteMinder

JUNE 12, 2024

It’s not just about how much a guest pays for a room, but also about how their entire stay can be enhanced and monetised. This includes offering tailored packages, suggesting room upgrades, promoting in-house dining experiences, and even curating special entertainment events. Our smart hotel platform helps you do exactly that.

Yield Management 98

Yield Management Management Revenue Management Forecasting 98

Cloudbeds

APRIL 8, 2024

Many hoteliers question if it’s worthwhile investing in a direct booking strategy or if they can solely rely on online travel agencies (OTAs) like Airbnb, Booking.com, or Trip.com to fill occupancy. Consider offering weeknight rates, promo codes for special events, or loyalty discounts for repeat customers.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

SiteMinder

OCTOBER 10, 2023

By analysing past and present data, hotel forecasting enables you to predict future outcomes and gives you the opportunity to correct past mistakes, maximise profit, and be prepared for disruptions or unforeseen events. Occupancy rate The occupancy rate indicates the percentage of rooms occupied over a specific period.

Forecasting 52

Forecasting Revenue Average Daily Rate Occupancy 52

SiteMinder

JUNE 8, 2022

By analysing past and present data, forecasting enables you to predict future outcomes and gives you the opportunity to correct past mistakes, maximise profit, and be prepared for disruptions or unforeseen events. The outcome of your forecasting should always be the ability to react to market changes, optimise occupancy, and maximise revenue.

Forecasting 52

Forecasting Revenue Average Daily Rate Average Length of Stay 52