Average Length of Stay Forecasting Travel 
Cloudbeds
NOVEMBER 15, 2024
Consider booking patterns, cancellation rates, average length of stay, guest preferences for room amenities or dietary restrictions, website and app metrics, competitor rates, and market trends—the list goes on. DI helps hoteliers get more granular with their segmentation.
SiteMinder
JUNE 8, 2022
As unpredictable as it can be at times (especially through the COVID-19 pandemic), forecasting is still an important part of running a hotel and being able to make strategic revenue management decisions. What is hotel revenue forecasting? Why should your hotel use forecasting? How can you forecast effectively at your hotel?
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SiteMinder
OCTOBER 10, 2023
What is hotel forecasting? Hotel forecasting is a method that is used to help managers determine their accommodation’s future demand and revenue performance. Whether you’re a seasoned hotelier or new to the industry, understanding the nuances of forecasting can be a game-changer for your business.
SiteMinder
JUNE 12, 2024
Learn more Yield management vs revenue management The goal of yield management is not merely to increase room rates or occupancy; rather, it’s to maximise your hotel’s revenue by forecasting your room supply and demand across a variety of key factors. Informed Decision-Making : Yield management relies heavily on data analytics.
SiteMinder
NOVEMBER 30, 2023
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
Little Hotelier
AUGUST 29, 2023
Connecting To Online Travel Agents Partnering with a variety of online travel agents is necessary for B&Bs to connect with global customers. Income: Forecasted and other expected revenue. Dedicating a proportion of your budget towards signs will improve walk-in bookings and give your B&B brand a facelift.
Little Hotelier
JULY 10, 2023
The bigger your property, the longer your min stay can be Guests will often book larger properties for longer because there are more services and amenities available, and they may be in a larger city where there is more for travellers to explore. For example, leisure guests generally stay longer than business guests.
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