SiteMinder

JUNE 8, 2022

As unpredictable as it can be at times (especially through the COVID-19 pandemic), forecasting is still an important part of running a hotel and being able to make strategic revenue management decisions. What is hotel revenue forecasting? Your average daily rate. Your total revenue. Average length of stay.

Forecasting 52

Forecasting Revenue Average Daily Rate Average Length of Stay 52

Little Hotelier

NOVEMBER 6, 2023

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? Economic factors There will be periods of economic hardship when certain guests don’t have money to splurge on travel.

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

SiteMinder

DECEMBER 4, 2023

Table of contents Hotel statistics that matter in 2024 The travel industry is set for strong recovery in 2024 , which is good news for hoteliers, with some positive statistics already showing up. Online travel agencies make up the top two revenue generating positions in 79% of major destinations. The average length of stay is 1.93

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

Cloudbeds

MARCH 20, 2023

One of the key reasons travelers are drawn to smaller, independent lodging properties is they provide personalized, intimate experiences. When done effectively, personalization can help hotels earn more bookings, higher average daily rates (ADR) , and better online reviews. What is hotel market segmentation?

Hotel Marketing 52

Hotel Marketing Marketing Market Average Daily Rate 52

SiteMinder

OCTOBER 10, 2023

As unpredictable as it can be at times, especially after the COVID-19 pandemic, forecasting is still an important part of running a hotel and being able to make strategic revenue management decisions. Monitoring this rate regularly can guide your revenue management decisions. Market segments. Booking pace.

Forecasting 52

Forecasting Revenue Average Daily Rate Occupancy 52

Cloudbeds

SEPTEMBER 18, 2024

For hotels, that involves collecting and analyzing data across various sources, including your hotel website, social media channels, online travel agencies (OTAs), surveys, and more. This data can then be used to make changes to improve revenue management, occupancy, guest experience, and operational efficiency.

Operations 40

Operations Revenue Management Occupancy Revenue 40

Cloudbeds

MARCH 16, 2023

The report utilizes data gathered from thousands of properties globally to shed light on the current state of travel recovery, booking behavior post-pandemic, and travel trends influencing consumer behavior. Our mission is to arm owners and operators with clarity as they navigate the ever-changing travel landscape.”

Average Length of Stay 52

Average Length of Stay Average Daily Rate OTA Occupancy 52

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.

Average Length of Stay 52

Average Length of Stay OTA Digital Marketing Occupancy 52

Hotelogix

MAY 9, 2025

👉 Read Also - Hotel Bidding in 2025: The New Way to Get the Best Deal Yield Management vs. Revenue Management While yield management and revenue management are closely related, they serve different purposes in a hotel’s commercial strategy.

Yield Management 40

Yield Management Management Occupancy Forecasting 40