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Hotel industry statistics: Guide for hotels

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The average booking lead time for hotels is 29.7 The average length of stay is 1.93 The average cancellation rate is 20%. Global Hotel Industry Market Report by Allied Market Research – Analysis of the global hotel industry, including market size, growth trends, key players, and future projections.

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What is Yield Management: Guide for Hotels

SiteMinder

Valentine’s Day) Special room rates for members of tour groups, conferences, and recurring airline or business customers Based on an analysis of your customer segmentation and booking trends, you can create different revenue options for rooms by incentivising your preferred target market with personalised promotions and discounts.