Hotelogix

JANUARY 19, 2025

Historical Forecasts Historical data helps you predict future demand and optimize rates. How to Use Forecasting: Analyze past trends for high-demand and low-demand periods. ” Minimum Length of Stay Encourage extended bookings during high demand. Example: “Stay 3 nights and get a special rate.

Minimum Length of Stay 40

Minimum Length of Stay Occupancy Forecasting Revenue 40

Little Hotelier

JULY 10, 2023

Minimum stay is a policy, or restriction, that you can set at your property which dictates how guests can book their reservation. For example, if you set a minimum stay of two nights, no guest will be able to book a stay shorter than that. For example, leisure guests generally stay longer than business guests.

Minimum Length of Stay 76

Minimum Length of Stay Occupancy Average Length of Stay Revenue 76

Xotels

APRIL 3, 2024

In short, revenue management is a disciplined approach that aims to increase the revenue success of your business. Without a solid revenue management strategy, a hotel will just get lost in the pile of other hotels – being unable to reach satisfactory visibility and level of business to remain open.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Hotelogix

NOVEMBER 13, 2023

And we bring to you five such effective hotel pricing strategies to help you maximize revenues and build a sustainable hotel business. The room rent you charge for your hotel rooms plays a very important role in your business, especially when you plan to sell more rooms. What is Hotel Room Pricing Strategy?

Revenue 52

Revenue Occupancy Minimum Length of Stay Forecasting 52

Hotelogix

NOVEMBER 19, 2023

As a hotelier, boosting the occupancy rate is critical to running a successful business. Are they families, couples, or business travelers? By keeping track of trends and analyzing past data, you can better understand when your peak seasons are and when there may be a lull in business.   What is hotel occupancy?

Occupancy 59

Occupancy Maximum Length of Stay Minimum Length of Stay Revenue Management 59

Xotels

APRIL 3, 2024

In short, revenue management is a disciplined approach that aims to increase the revenue success of your business. Without a solid revenue management strategy, a hotel will just get lost in the pile of other hotels being unable to reach satisfactory visibility and level of business to remain open.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40