Cloudbeds

APRIL 8, 2024

In this guide, we’ll examine how an integrated booking engine brings value to lodging operators, using real-world examples from our customers and advice on what to look for in a new booking system. Increase revenue and profitability An integrated booking engine is a game-changer for increasing revenue and overall profitability.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

SiteMinder

MAY 16, 2023

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.

Average Length of Stay 105

Average Length of Stay Occupancy Average Daily Rate Revenue 105

SiteMinder

FEBRUARY 13, 2023

Globally, a hotel’s website was more important as a source of revenue in 2022 than it was in 2019, despite hotel websites moving down SiteMinder’s Top 12 lists in 42% of countries year-on-year. The ranking of hotel websites as a revenue generator remained on par with 2019’s lists in 72% of markets, and ahead in 28%.

Average Length of Stay 52

Average Length of Stay Average Daily Rate Travel Global Distribution System 52

Hotel Business

MARCH 16, 2023

Our mission is to arm owners and operators with clarity as they navigate the ever-changing travel landscape.” In North America, the average booking window exceeded 2019 levels by five days; in Europe, two days. Meanwhile, ongoing travel restrictions in the Asia Pacific region kept the booking window five days short of the 2019 average.

Average Length of Stay 52

Average Length of Stay OTA Occupancy Digital Marketing 52

Hotel Business

JANUARY 24, 2023

Having weathered the past several years of unexpected/unprecedented intense disruption, stalwart owners/operators/developers/brands are up for any positive news and, according to industry experts, there is some to welcome. nights, meaning the overwhelming majority of stays was one night, according to Kalibri Labs’ data.

Average Length of Stay 69

Average Length of Stay Occupancy Real Estate Travel 69

SiteMinder

JUNE 2, 2022

Run reports that detail data analysis and operational activities. Hotel revenue. Revenue is what keeps your hotel open so having a goal aligned with your income is obviously important. For example, you might set out to achieve a revenue lift of 10% year-on-year. There are many metrics that support revenue KPIs.

KPI 52

KPI Revenue Occupancy Hotels 52

TravelNet

NOVEMBER 9, 2022

HomeToGo directly integrates with Track allowing property managers to diversify their revenue streams and reach millions of new, high-quality guests. How have your customers increased revenue or decreased cost with your integration with Track? Functionality Explain the unique benefits of HomeToGo for Track Customers.

Cancellation 52

Cancellation Average Length of Stay Management Revenue 52

SiteMinder

NOVEMBER 30, 2023

Hoteliers can use statistics to understand their guests better, forecast demand, create offers based on current trends, and optimise their pricing and revenue strategies. 81% of pet owners prefer staying in pet-friendly hotels over other forms of accommodation. Tourists spend an average of 167 USD per day in Thailand.

Travel 52

Travel Accommodation Tourism Hotels 52

Hotelogix

OCTOBER 14, 2023

Hoteliers across the world, in order to optimise their operations and enhance their profits, closely monitor their KPIs. These KPIs range from the daily operations to financial performance to sales and marketing and customer service. The ADR is the average rate at which each room at the hotel was sold on a given day.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

Little Hotelier

AUGUST 29, 2023

Top strategies to increase hotel ROI Increasing knowledge and making smart investments is crucial for B&B operators. Prioritising your investments correctly will ensure your budget spend is contributing towards increased revenue and occupancy rates. Income: Forecasted and other expected revenue. Variable costs (eg.

ROI 98

ROI Average Length of Stay Hotels Revenue 98

Cloudbeds

MARCH 20, 2023

It is a fundamental process of revenue management, but also brings benefits to marketing, operations, and the guest experience. When lodging operators divide guests into segments, they can be more targeted in promotions, communications, and guest services to increase revenue, guest loyalty, and guest satisfaction.

Hotel Marketing 52

Hotel Marketing Market Marketing Average Daily Rate 52

Cloudbeds

MARCH 16, 2023

Our mission is to arm owners and operators with clarity as they navigate the ever-changing travel landscape.” In North America, the average booking window exceeded 2019 levels by five days; in Europe, two days. Meanwhile, ongoing travel restrictions in the Asia Pacific region kept the booking window five days short of the 2019 average.

Average Length of Stay 52

Average Length of Stay Average Daily Rate OTA Occupancy 52

Hotel Business

SEPTEMBER 14, 2023

Over the last five years, the company has invested more than $275 million in technology, all while expanding its on-the-ground operational support of hotels. The platform also provides a direct connection to operational support while serving as owners’ primary destination for news and updates.

Average Length of Stay 64

Average Length of Stay OTA Revenue Services 64

Travel Media Group

APRIL 12, 2023

So the first thing that we’ve observed was that your average length of stay across the board for business travelers has actually increased, which is, which, which is great for us, you know, I mean, hotels are always striving to have a longer length of stay for, for, for transient guests. It’s working.

Hospitality 77

Hospitality Travel Business Market 77