Remove Average Length of Stay Remove Intent Remove Revenue Management
article thumbnail

What is Yield Management: Guide for Hotels

SiteMinder

What is Yield Management? Yield management is a pricing and revenue management strategy that is used to maximise business performance. It involves adjusting prices based on predicted demand and other external factors to maximise revenue or yield. Revenue management is the focal point for hotels in today’s climate.

article thumbnail

Travel statistics: Data and reports for hotels

SiteMinder

Generally, travel intent for families is higher now than in previous years, as a rebound occurs. 42% of Thai guests are ‘very supportive’ of their personal data being used to better their stay. Tourists spend an average of 167 USD per day in Thailand. The average length of stay in Thailand is 9 days.

Travel 52