Hotelogix

JANUARY 19, 2025

Key Pricing Strategies: Dynamic Pricing : Adjust rates based on real-time occupancy, demand, and competitor rates. Read More - Best Hotel Pricing Strategies to Maximise Revenue Special Rates for Special Seasons Why it works: Seasonal demand impacts occupancy rates, requiring price adjustments. amenities, luxury).

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Minimum Length of Stay Occupancy Forecasting Revenue 40

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. Why do hotels use MLOS?

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Minimum Length of Stay Occupancy Average Length of Stay Revenue 76

Hotelogix

NOVEMBER 19, 2023

As a hotelier, boosting the occupancy rate is critical to running a successful business. In a highly competitive industry, you must attract and retain guests to increase your property's occupancy rate and revenue. This article will explore various ways to improve hotel occupancy rates and the role of technology in it. 

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

Little Hotelier

OCTOBER 11, 2023

Holiday periods are a busy time for everyone, and for a lot of people a mid-year break or festive period is the perfect opportunity to travel. This is exciting for your business because it presents an opportunity to push the limits of your occupancy and cash-in on increased revenue. To answer the question “when is peak season?”,

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Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

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. It would help you sell more rooms and boost your occupancy.

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Revenue Occupancy Minimum Length of Stay Forecasting 52

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.

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Revenue Management Revenue Management Ancillary 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 40

Revenue Management Revenue Management Ancillary Revenue 40