Average Length of Stay Market OTA Travel 
Hotel Business
FEBRUARY 22, 2023
SiteMinder’s new Hotel Booking Trends report, a hotel commerce data analysis of more than 36,000 hotels and 450+ connected booking integrations, has revealed travelers booked their trips on average eight days earlier, and canceled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.
SiteMinder
FEBRUARY 13, 2023
SiteMinder’s new Hotel Booking Trends report, the only hotel commerce data analysis of more than 35,000 hotels and 450+ connected booking integrations, has revealed travellers booked their trips on average eight days earlier, and cancelled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.
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SiteMinder
SEPTEMBER 26, 2022
Careful market segmentation in the hotel industry is a catalyst for understanding these differences and acting on them. This blog provides an introduction to hotel market segments, including practical help to identify a hotel’s ideal target segments and tips on attracting guests in a chosen segment. What is hotel market segmentation?
SiteMinder
NOVEMBER 30, 2023
What are travel statistics? Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. Some highlights include: Air travel passengers are expected to reach 9.4
Hotel Business
MARCH 16, 2023
Our mission is to arm owners and operators with clarity as they navigate the ever-changing travel landscape.” By leveraging a wealth of aggregated and anonymized data from across the globe, Cloudbeds identified trends shaping the travel landscape. The next most popular length of stay was three-four nights.
SiteMinder
MAY 16, 2023
Table of contents Introduction from SiteMinder: The bleisure market and hotel booking trends Following the pandemic, the bleisure market changed from a growing niche to a mainstream source of bookings for accommodation providers. It’s also projected that by 2035 there will be a billion digital nomads travelling the globe.
Little Hotelier
NOVEMBER 6, 2023
They get to the heart of what a hotel business is, and are critical to understand if you are to succeed in a competitive market. Market demand Most hotels see a spike in demand on weekends when compared to weekdays. Economic factors There will be periods of economic hardship when certain guests don’t have money to splurge on travel.
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