SiteMinder

NOVEMBER 15, 2022

It’s a key hotel metric to track if you want to optimise your distribution, reduce costs and increase revenue. ALOS abbreviates ‘average length of stay.’ It refers to the average number of nights guests stay at your property over a given time. How do you calculate the average length of stay?

Average Length of Stay 59

Average Length of Stay Minimum Length of Stay Revenue Target Marketing 59

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? Do all that and you’ll optimise your revenue by making as much money as possible from a limited resource: your rooms.

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

SiteMinder

MAY 16, 2023

SiteMinder’s most recent Changing Traveller Report found that 36% of global travellers plan to incorporate work on their next trip. It’s also projected that by 2035 there will be a billion digital nomads travelling the globe. This was particularly true for Spain in summer, which had the longest average stay length in August.

Average Length of Stay 106

Average Length of Stay Occupancy Average Daily Rate Revenue 106

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? You need to use forecasting at your hotel to inform your pricing and revenue strategies.

Forecasting 52

Forecasting Revenue Average Daily Rate Average Length of Stay 52

SiteMinder

OCTOBER 10, 2023

Hotel forecasting is a method that is used to help managers determine their accommodation’s future demand and revenue performance. 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.

Forecasting 52

Forecasting Revenue Average Daily Rate Occupancy 52

Little Hotelier

AUGUST 29, 2023

Prioritising your investments correctly will ensure your budget spend is contributing towards increased revenue and occupancy rates. Connecting To Online Travel Agents Partnering with a variety of online travel agents is necessary for B&Bs to connect with global customers. Income: Forecasted and other expected revenue.

ROI 98

ROI Average Length of Stay Hotels Revenue 98

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. Travelers crave experiences. Are you wondering whether you need a hotel booking engine? Upsells and add-ons. Multiple rate plans.

OTA 98

OTA Average Length of Stay Upsell Revenue 98

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.

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

SiteMinder

JUNE 12, 2024

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. Over time, these roles matured and transformed, giving birth to the modern-day revenue or reservations managers.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Little Hotelier

JULY 10, 2023

For example, if you set a minimum stay of two nights, no guest will be able to book a stay shorter than that. Minimum length of stay (MLOS or MinLOS) restrictions can be used across all your rooms or a select few that you choose. Here are six of the best ways to optimise your occupancy and revenue with MLOS.

Minimum Length of Stay 76

Minimum Length of Stay Occupancy Average Length of Stay Revenue 76

SiteMinder

SEPTEMBER 26, 2022

For example, when you identify the market segment that offers your hotel the longest stays you can focus on this segment to drive up the average length of stay in your property. Useful segments for your property may include but are not limited to: Length of stay. Leisure and business travel.

Hotel Marketing 95

Hotel Marketing Marketing Market Fair Share 95

Hotel Business

JANUARY 24, 2023

This highlights the increasing interest in travel and hotels by consumers, ensuring the long-term viability and, ultimately, profitability for the entire hotel industry ecosystem.” As amenities reopen, group and FIT business travel return, and hotel revenues shift toward lower-margin F&B, spa, etc., So where the LOS is 2.1

Average Length of Stay 69

Average Length of Stay Occupancy Real Estate Travel 69

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

Travel 52

Travel Accommodation Tourism Hotels 52

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. 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.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

TravelNet

DECEMBER 12, 2023

Occupancy, ADR, and RevPAR are all down compared to 2021 and 2022 (but higher than 2019); booking windows and average length of stay are down, and; shoulder season performance is slightly up. High prices on consumer goods mean more bargain hunting, making the shoulder and low seasons more attractive to thrifty travelers.

Average Length of Stay 52

Average Length of Stay Occupancy Retail OTA 52

Bookassist

DECEMBER 15, 2021

This appeals to the many travellers who are looking for a good deal and are flexible in terms of when they travel. With the average length of stay lengthening, IRS is an invaluable tool for hotels to sell and convert these longer-stay bookings. It also highlights the best offer of the day.

Average Length of Stay 52

Average Length of Stay Travel Revenue Hotels 52

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.

Hotel Marketing 52

Hotel Marketing Marketing Market Average Daily Rate 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

Travel Media Group

APRIL 12, 2023

Ryan Embree: Yeah, and I think you stumbled on a topic we’re gonna be covering here in a minute, talking about group and business travel in those, you know, getting everybody together in a certain location. It’s kind of how, how that business travel is evolving. Ryan Embree: Yeah, you bring up a couple interesting points.

Hospitality 98

Hospitality Travel Business Marketing 98

Cloudbeds

SEPTEMBER 18, 2024

From understanding top-performing channels to finding new revenue opportunities to enhance the guest experience, data analytics touches every department. 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.

Operations 40

Operations Revenue Management Occupancy Revenue 40

Hotel Business

APRIL 15, 2024

The findings come from Cloudbeds’ 2024 State of Independent Lodging Report , which suggests the surge in three to four-night stays may be an indication of the rising popularity of bleisure or blended travel, as more travelers take advantage of the flexibility of remote work to extend their stays.

Average Length of Stay 64

Average Length of Stay Travel Occupancy Tourism 64

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

Hotel Business

MAY 1, 2025

He said the companys growth has come because it attracts higher-income travelers. The average U.S. These are resilient travelers. Its about attracting higher-income travelers. Thats now shifted to 40% business travelers, which is a significant change in our customer mix and very exciting.

Average Length of Stay 66

Average Length of Stay Casinos Revenue Hotels 66

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. Yield management is tactical, zeroing in on pricing strategies to maximize room revenue based on demand fluctuations.

Yield Management 40

Yield Management Management Occupancy Forecasting 40