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How to Decide Hotel Rates: A Complete Guide for Hoteliers

Hotelogix

Identify & Analyze Competition Why it matters: Staying competitive requires understanding your market. Steps to Analyze Competitor Pricing: Track room rates across OTAs and direct websites. ” Minimum Length of Stay Encourage extended bookings during high demand.

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Minimum stay (MLOS): What is it and how can it be used?

Little Hotelier

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.

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Hotel peak season: Strategies for small hotels

Little Hotelier

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. Learn more When is peak travel season for hotels?

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Want to Improve Hotel Occupancy Rate? Try these Strategies.

Hotelogix

As a hotelier, boosting the occupancy rate is critical to running a successful business. It will help you distribute in real-time on multiple OTAs and metasearch sites. Are they families, couples, or business travelers? Higher hotel occupancy is a crucial factor in the success of your hotel business.

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Hotel Revenue Management Strategies

Xotels

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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Top Revenue Management Strategies for Hotels

Xotels

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.