Remove Average Length of Stay Remove Management Remove Occupancy
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‘Call it magic’: Coldplay fans drive hot demand for hotel rooms in Auckland, Sydney and Melbourne

Hotel Management

Recent data from CoStar shows Auckland experiencing the highest occupancy levels of the three cities, peaking at 84.1% The second highest occupancy on the books (79.1%, +25.5% With the tour already pushing the market’s daily occupancy over the 80% mark, this will be the first time Auckland will see levels this high since July.”

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How decision intelligence unlocks hotel data for better insights

Cloudbeds

This scalability is especially valuable for hotels – as more information is collected about guest behavior, booking trends , and occupancy patterns the more precise rate adjustments, inventory management, and marketing strategies will be in the future. Why it’s important for hotels? Why it’s important for hotels?

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Measure your hotel’s performance with a RevPAR formula and more

Hotelogix

There are two methods of using the RevPAR formula i.e. either, divide total room revenue by total rooms available or multiply your ADR by the occupancy percentage. To keep a consistent check on your hotel’s performance, you can analyse its occupancy rate on a daily, weekly, yearly or monthly basis.

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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. For hotels, the ultimate aim of yield management is to increase revenue by leveraging the balance between supply (available rooms) and demand (guest bookings).

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Choice Hotels International Hosts 69th Annual Convention 

Hotelier Magazine

The revamped program’s enhancements longer booking windows, premium room redemptions, and exclusive experiences have helped drive a 30-per-cent increase in redemptions and 13-per-cent growth in average length of stay.

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Why you should connect with Renthia to attract long term travellers

STAAH

Post-Covid and continuously today, Serviced Apartments and ApartHotels looks to, and has seen an increase in the length of stay in many parts of the world. Whether it concerns the expectations of a guest, or the property manager. Why partner with Renthia for long-stay bookings? They do not require daily/weekly cleaning.

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Why properties should consider midterm bookings this summer

SiteMinder

Additional data from SiteMinder’s Hotel Booking Trends indicated that the average length of stay is also on the rise, with 2022 recording longer stays than previous years. This was particularly true for Spain in summer, which had the longest average stay length in August.