Remove Average Length of Stay Remove OTA Remove Revenue Management
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How decision intelligence unlocks hotel data for better insights

Cloudbeds

If there’s a sudden change, for example, an influx of last-minute bookings hits the system, the platform can enable revenue managers to adjust room rates dynamically to maximize revenue. Decision intelligence unifies the full range of pricing decision-making through both OTAs and direct bookings.

Upsell 105
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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. In total, ChoiceROCS drove $81 million in incremental revenue to participating properties.

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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. It involves adjusting prices based on predicted demand and other external factors to maximise revenue or yield. Revenue management is the focal point for hotels in today’s climate.

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What is a booking engine? How to increase profitability and direct bookings

Cloudbeds

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. Integrating with these engines and offering real-time pricing and availability ensures that guests book directly instead of with an OTA.

OTA 98
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HB on the Scene: Wyndham launches new owner and guest engagement platforms

Hotel Business

It’s driving a longer average length of stay and a higher ADR, driving, on average, $22,000 in revenue,” he said. Wyndham also debuted its new OTA reconciliation tool.

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Hotel revenue optimisation strategies for small hotels

Little Hotelier

What is hotel revenue optimisation? As a small, independent hotelier you may have heard the terms hotel revenue optimisation and hotel revenue management. So what is revenue optimisation? Channel management Optimise the revenue potential of all your booking channels with a dedicated solution.

Revenue 59
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Hotel metrics: How to measure performance in the hotel industry

SiteMinder

Revenue and profit are always important, but more specific KPIs around average length of stays may not always be as integral to highlight in hotel metrics reports. Distribution channel performance is vital to know which channels (like OTAs, direct bookings) are most profitable.