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

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 Upsell Average Length of Stay Revenue 98

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

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 Occupancy Digital Marketing 52

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 105

Average Length of Stay Occupancy Average Daily Rate Revenue 105

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

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 Average Length of Stay Revenue 59

Little Hotelier

NOVEMBER 6, 2023

Economic factors There will be periods of economic hardship when certain guests don’t have money to splurge on travel. There will also be good times when more people are travelling than ever. An occupied room is almost always better than an empty room, but if you’re being regularly undercut you might face a high vacancy rate.

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

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

Little Hotelier

AUGUST 29, 2023

Connecting To Online Travel Agents Partnering with a variety of online travel agents is necessary for B&Bs to connect with global customers. Dedicating a proportion of your budget towards signs will improve walk-in bookings and give your B&B brand a facelift.

ROI 98

ROI Average Length of Stay Hotels Revenue 98

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 Market Marketing Fair Share 95

Little Hotelier

JULY 10, 2023

The bigger your property, the longer your min stay can be Guests will often book larger properties for longer because there are more services and amenities available, and they may be in a larger city where there is more for travellers to explore. For example, leisure guests generally stay longer than business guests.

Minimum Length of Stay 75

Minimum Length of Stay Occupancy Average Length of Stay Revenue 75

SiteMinder

JUNE 8, 2022

Your average daily rate. Average length of stay. Ensure good quality data is collected, including specific channel performance, travel types (business or leisure for example), guest demographics, and drilled down metrics like RevPAR. Your occupancy rate. Your total revenue. Booking lead times.

Forecasting 52

Forecasting Revenue Average Daily Rate Average Length of Stay 52

SiteMinder

OCTOBER 10, 2023

In your forecast report, this may include local and global economic conditions, local events, competitor activities, and emerging travel trends. Staying updated with these factors ensures that your revenue forecast is both comprehensive and accurate. Understand categories like business travellers or leisure guests to tailor strategies.

Forecasting 52

Forecasting Revenue Average Daily Rate Occupancy 52

Inn Quest

AUGUST 3, 2023

Business travelers, for instance, need promptness and effectiveness, while families demand warm, attentive treatment. Average Length of Stay (ALOS): Like repeat guest rate and guest satisfaction survey results, ALOS can show how much visitors like their time at your hotel.

Hospitality 87

Hospitality Average Length of Stay Services Business 87

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. ” Why do you need market segmentation?

Hotel Marketing 52

Hotel Marketing Market Marketing Average Daily Rate 52

TravelNet

NOVEMBER 9, 2022

In 2022 so far, HomeToGo has an average length of stay of 8 days with an average booking value of $2,100. With HomeToGo’s longer length of stay, Track property managers can reduce their operational costs with fewer turn days. Most importantly, HomeToGo is acting as a true partner.”

Cancellation 52

Cancellation Average Length of Stay Management Revenue 52

SiteMinder

OCTOBER 20, 2022

In its early days around 2007, Airbnb appeared to be positioned in a niche for budget-conscious travellers, who did not mind sharing their accommodation with their hosts. Say hello to digital nomads or travellers who also work. By adding experiences to their booking options, Airbnb increased its influence on the guests’ entire stay.

Average Length of Stay 52

Average Length of Stay Hotels Accommodation Management 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 77

Hospitality Travel Business Market 77