Remove Average Length of Stay Remove Forecasting Remove Upsell
article thumbnail

How decision intelligence unlocks hotel data for better insights

Cloudbeds

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 can also be more proactive and suggest upsells tailored to guest profiles and booking patterns.

Upsell 105
article thumbnail

What is Yield Management: Guide for Hotels

SiteMinder

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. This strategy aids in forecasting demand and resource planning.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hotel revenue optimisation strategies for small hotels

Little Hotelier

Adjust pricing Forecast demand and adjust your room rates well ahead of time. Upselling and cross-selling Grab upselling and cross-selling opportunities with both hands. Top hotel revenue optimisation strategies to try Now that we know the whats and the whys of hotel revenue optimisation, let’s look at the hows.

Revenue 59
article thumbnail

The role of data analytics in optimizing hotel operations

Cloudbeds

Revenue managers, leveraging artificial intelligence (AI) and machine learning (ML) combine external data like market demand and competitor activity with internal data like historical performance and future demand to guide dynamic pricing decisions, inventory controls, promotions, and demand forecasting. Revenue management KPIs.

article thumbnail

Sell Smarter in 2025 with Hotel Yield Management

Hotelogix

What is Yield Management and Why It Matters for Hoteliers Yield management is a core revenue strategy in hospitality that enables hotels to adjust room rates based on real-time demand, booking pace, and occupancy forecasts.   In an industry where rooms are perishable assets, each unsold night is lost income.