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Mews Survey Reveals 68% of Travelers Favor Personalized Experiences Over Traditional Hotel Rewards

Hospitality Tech

." - Survey methodology by Talker Research This random survey of 2,000 Americans aged 18+ who have traveled in the last 12 months, domestic or international, was commissioned by Mews Systems, Inc. Show More X This ad will auto-close in 10 seconds Stay Connected Get the Newsletter Get news highlights delivered directly to your e-mail inbox.

Travel 52
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Hotel industry statistics: Guide for hotels

SiteMinder

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. The average cancellation rate is 20%. Hotel market revenue is worth close to $22 billion. Airbnb is quickly becoming a mainstay for hotels who want to drive additional revenue.

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Hotel Revenue Management Strategies

Xotels

Understand your Hotel´s Market The success of your revenue management strategy depends on how well you understand your market. This is one of the first steps when creating a revenue management strategy, performing thorough market research. The graph considers cancellations and identifies peak or slow booking days.

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What is Yield Management: Guide for Hotels

SiteMinder

This can involve overbooking strategies to account for last-minute cancellations or no-shows. Competitor Analysis : Monitoring the pricing strategies and occupancy rates of competitors to understand market positioning and make informed pricing decisions. This helps in tailoring specific offers or rates to different guest segments.

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Beach Street Eco Resort & Spa, Goa: A Showcase of Sustainable Tourism

eZee Absolute

After thorough market research and trying a handful of hotel solutions, they came across eZee (now Yanolja Cloud) and wanted to give it a try. Working closely with the team was not just like a software provider and a client but as a team. Since then, their journey has been uphill.

Resorts 52
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Top Revenue Management Strategies for Hotels

Xotels

Understand your Hotels Market The success of your revenue management strategy depends on how well you understand your market. This is one of the first steps when creating a revenue management strategy, performing thorough market research. The graph considers cancellations and identifies peak or slow booking days.