SiteMinder

JUNE 12, 2024

Learn more Yield management vs revenue management The goal of yield management is not merely to increase room rates or occupancy; rather, it’s to maximise your hotel’s revenue by forecasting your room supply and demand across a variety of key factors. This strategy aims to ensure maximum occupancy.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

SiteMinder

JUNE 8, 2022

The outcome of your forecasting should always be the ability to react to market changes, optimise occupancy, and maximise revenue. Doing this effectively means you have to consider a number of factors such as key revenue metrics like occupancy, room nights, and average daily rates; but also staff allocation and resourcing.

Forecasting 52

Forecasting Revenue Average Daily Rate Average Length of Stay 52

Cloudbeds

APRIL 8, 2024

Many hoteliers question if it’s worthwhile investing in a direct booking strategy or if they can solely rely on online travel agencies (OTAs) like Airbnb, Booking.com, or Trip.com to fill occupancy. These reports can shed light on booking trends, average length of stay, and guest preferences to help guide decision-making.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

SiteMinder

OCTOBER 10, 2023

Occupancy rate The occupancy rate indicates the percentage of rooms occupied over a specific period. A higher occupancy rate often signifies robust demand, while a lower rate might indicate the need for promotional activities or rate adjustments.

Forecasting 52

Forecasting Revenue Average Daily Rate Occupancy 52

Hotelogix

MAY 9, 2025

What is Yield Management and Why It Matters for Hoteliers Yield management is a core revenue strategy in hospitality that enables hotels to adjust room rates based on real-time demand, booking pace, and occupancy forecasts. Better Occupancy Control: Maximize sold rooms without overbooking or rate dumping.

Average Length of Stay 40

Average Length of Stay 40