Remove Business Remove Market Research Remove Online Sales
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Parking as a source of revenue for hotels

Hotel Business

Conduct market research to understand local trends and assess whether other hotels in your competitive set charge for parking. Distribute unused spaces via online sales channels Maximizing the utilization of your parking assets is essential, especially if you have unused parking spaces or experience seasonal fluctuations in demand.

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Hotel industry statistics: Guide for hotels

SiteMinder

This kind of data is invaluable for hoteliers who want to analyse performance, benchmark, forecast, and plan strategically to ensure business success. Online sales in the hotel segment will generate 80% of total revenue in 3 years. The luxury hotel market size has increased 5.9% Hotel occupancy will increase 2.5%