Remove Average Length of Stay Remove Forecasting Remove OTA Remove Travel
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Travel statistics: Data and reports for hotels

SiteMinder

What are travel statistics? Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. Some highlights include: Air travel passengers are expected to reach 9.4

Travel 52
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Hotel revenue optimisation strategies for small hotels

Little Hotelier

Economic factors There will be periods of economic hardship when certain guests don’t have money to splurge on travel. There will also be good times when more people are travelling than ever. Adjust pricing Forecast demand and adjust your room rates well ahead of time.

Revenue 59
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Minimum stay (MLOS): What is it and how can it be used?

Little Hotelier

This allows you to apply your restrictions in bulk, instead of visiting various OTA extranets to do so. How to set your VRBO minimum stay Setting a minimum stay on VRBO is very similar to Airbnb. This is because you’re likely connected to a number of OTAs and you’ll save time if you update them all at once.

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Hotel investment: What is a good hotel ROI?

Little Hotelier

Connecting To Online Travel Agents Partnering with a variety of online travel agents is necessary for B&Bs to connect with global customers. With their scale and global reach OTAs provide hotels with a cost-effective way to increase bookings on a pay-per-performance basis. Income: Forecasted and other expected revenue.

ROI 98
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How to attract the right guests with hotel market segmentation (step-by-step guide)

Cloudbeds

One of the key reasons travelers are drawn to smaller, independent lodging properties is they provide personalized, intimate experiences. When done effectively, personalization can help hotels earn more bookings, higher average daily rates (ADR) , and better online reviews. ” Why do you need market segmentation?