article thumbnail

Hospitality businesses are harnessing the power of data collection

Hotelier Magazine

By Roseline Victoria Vijayakumar The hospitality industry generates copious amounts of data daily, ranging from booking information and property details to room rates, housekeeping schedules and guest preferences. Recently, Track, a hospitality software solution, hosted a webinar called Guest Data Drive Results.

article thumbnail

What is ALOS and how do you calculate it?

SiteMinder

While this might be your first thought, ALOS is more than just another fancy hospitality acronym. It’s a key hotel metric to track if you want to optimise your distribution, reduce costs and increase revenue. ALOS abbreviates ‘average length of stay.’ How do you calculate the average length of stay?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Cloudbeds launches State of Independent Lodging Report

Hotel Business

Hospitality management platform Cloudbeds has unveiled its inaugural State of Independent Lodging Report. In North America, the average booking window exceeded 2019 levels by five days; in Europe, two days. Length of stay Most travelers within the data set booked stays of 1 to 2 nights over the last four years.

article thumbnail

Hotel metrics: How to measure performance in the hotel industry

SiteMinder

In today’s competitive hospitality industry, understanding and optimising these metrics is crucial. Revenue and profit are always important, but more specific KPIs around average length of stays may not always be as integral to highlight in hotel metrics reports. How much are you spending to secure a booking?

article thumbnail

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

Cloudbeds

Their ZERO Box Lodge is the most popular offering, inspired by Japanese capsule hotels where guests stay in minimalistic wooden boxes equipped with a private bathroom in a shared dorm. Integrated booking engines come equipped with in-depth reporting capabilities since data is centralized from your PMS and channel manager.

OTA 98
article thumbnail

Hotel industry statistics: Guide for hotels

SiteMinder

Online travel agencies make up the top two revenue generating positions in 79% of major destinations. Airbnb is quickly becoming a mainstay for hotels who want to drive additional revenue. The average booking lead time for hotels is 29.7 The average length of stay is 1.93

article thumbnail

Cloudbeds Launches Inaugural State of Independent Lodging Report

Cloudbeds

SAN DIEGO, CA) March 16, 2023 — Cloudbeds, the hospitality management platform powering more reservations and happier guests for lodging businesses around the globe, today announced the launch of its inaugural State of Independent Lodging Report. The next most popular length of stay was 3 to 4 nights.