SiteMinder

MAY 26, 2025

Accessibility, fire safety and clear guest pricing are all closely monitored, and hotels must display their lodging license publicly at the property. Examples include: Hotel refund laws While some states have mandatory refund rules for specific situations, your stated cancellation policy will generally take precedence.

Hotels 52

Hotels Services Business Cancellation 52

Cloudbeds

MAY 26, 2025

For example, a PMS might classify early check-in fees, late check-outs, or cancellation charges as “room revenue.” Thats because vendors arent required to follow USALI guidelines, meaning the responsibility to align reporting often falls on your hotels finance team. This misalignment creates friction.

Hotels 52

Hotels Revenue Operations Management 52

Hospitality Tech

JUNE 9, 2025

Ability to leverage occupancy information through the property management system (PMS) and can optionally be expanded to deliver additional services. 55% abandon purchases, 50% switch brands, and 39% cancel subscriptions when confronted with digital issues.

Operations 52

Operations Management Consumer Branding 52

Hospitality Tech

JUNE 9, 2025

Ability to leverage occupancy information through the property management system (PMS) and can optionally be expanded to deliver additional services. 55% abandon purchases, 50% switch brands, and 39% cancel subscriptions when confronted with digital issues.

Consumer 52

Consumer Branding Hotels Travel 52

Travel Media Group

FEBRUARY 12, 2025

Um, so the attendee survey feedback from the prior conference goes out literally the day, uh, the conference closes. Um, our inception story was born out of Covid and was born out of, um, unfortunately having to cancel the conference in 2020. Um, one of the things that we value here at Hunter is the feedback that we get.

Hotels 52

Hotels Events Digital Marketing Intent 52

Hotelogix

JUNE 28, 2024

The Hotel cancellation policy allows guests to cancel reservations up to a specified time before check-in. After this period is crossed, hotels may apply a cancellation fee, a percentage of the booking amount, or the entire booking cost.   Why Should Hotels Have Clear Cancellation Policies?  

Cancellation 52

Cancellation Revenue Hotels Accommodation 52

Hotel Speak

JUNE 4, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? Owners that are closely watching the P&L statement are especially keen to understand how they can drive the bottom line of their hospitality business. So what is it, Occupancy or Average Room Rate (ARR)? How can I make more profit with my hotel?’

Revenue Management 59

Revenue Management Occupancy Revenue Average Daily Rate 59

Inn Quest

OCTOBER 17, 2023

That being said, this blog explores some best practices for avoiding overbooking in the hotel industry as well as how to accurately track occupancy rates and manage inventory across multiple channels. However, when guests don’t cancel as expected, it can lead to overbooking. The question yet remains: is it the right thing to do?

Overbooking 88

Overbooking Cancellation Forecasting Occupancy 88

Xotels

MAY 30, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? Owners that are closely watching the P&L statement are especially keen to understand how they can drive the bottom line of their hospitality business. Occupancy or ADR? So what is it, Occupancy or Average Room Rate (ARR)?

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

SiteMinder

MAY 16, 2023

Let’s examine some of them more closely. High occupancy rate during the shoulder season and low season The shoulder season is typically the period between the high and low seasons, and it can be difficult to attract guests during this time. Can you generate more profit with midterm bookings compared to short term rentals?

Average Length of Stay 106

Average Length of Stay Occupancy Average Daily Rate Revenue 106

SiteMinder

NOVEMBER 15, 2022

Some hoteliers love using this strategy to boost their revenue and protect their property from losing out due to last-minute cancellations. Many hotels do this deliberately to offset last-minute cancellations or no-shows and avoid losing revenue and occupancy. Cancellations are part of doing business.

Overbooking 52

Overbooking Cancellation Occupancy Closing 52

SiteMinder

SEPTEMBER 7, 2023

Reservation cancellation fees These are charged when guests cancel their bookings, especially if done at the last minute. Extra person fees For rooms exceeding the standard occupancy, an extra person fee is charged to cover the additional costs of amenities and services.

Revenue 105

Revenue Hotels Services Cancellation 105

Hotelogix

JANUARY 30, 2024

The report also covers cancellations, no-shows, and temporary reservations for the day. Additionally, it includes reports on no-shows, occupancy, market analysis, company contributions, business analysis, MIS, and a manager flash report with budget details for comprehensive analysis.

Occupancy 59

Occupancy Average Daily Rate Cancellation Hotels 59

SiteMinder

JUNE 12, 2024

Learn more Yield management vs revenue management The goal of yield management is not merely to increase room rates or occupancy; rather, it’s to maximise your hotel’s revenue by forecasting your room supply and demand across a variety of key factors. This strategy aims to ensure maximum occupancy.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Inn Quest

MAY 11, 2023

By drawing in more visitors, raising occupancy rates and enhancing profitability, a thoughtful pricing strategy can help hotels maximize their revenue. Even if occupancy rates do not rise, this can help hotels raise their profit margins. A Rise in Profitability: Effective pricing strategies can also boost a hotel’s profitability.

Revenue 88

Revenue Occupancy Hotels Marketing 88

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Hotel occupancy will increase 2.5% The average cancellation rate is 20%. Average US occupancy rate is just under 65%. Hotel market revenue is worth close to $22 billion.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

STAAH

NOVEMBER 8, 2022

One of the rising innovations taking off in hotel revenue management is the growing sophistication of overbooking controls, which provides hotels control over excess bookings and cancellations to fly as close as possible to 100 percent occupancy consistently.

Revenue Management 96

Revenue Management Revenue Management Forecasting 96

Little Hotelier

AUGUST 29, 2023

Prioritising your investments correctly will ensure your budget spend is contributing towards increased revenue and occupancy rates. The minute you close your guest’s door after showing them their room, you can almost guarantee they will be jumping on the bed to test it out. Your occupancy rates? Your direct bookings?

ROI 98

ROI Average Length of Stay Hotels Revenue 98

Little Hotelier

OCTOBER 11, 2023

This is exciting for your business because it presents an opportunity to push the limits of your occupancy and cash-in on increased revenue. Strategies to prepare for peak season in the hotel industry When peak season is just around the corner, it’s exciting – you’re looking forward to welcoming guests and having full occupancy.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

Hotelogix

AUGUST 21, 2024

Specifically, the night audit process evaluates and closes daily cash flow into and out of the hotel's account. The most convenient time to perform them is between the late evening and early morning—just after the business day closes. The night audit process aims to collate revenue against various revenue heads.

Revenue 52

Revenue Rack Rate Average Daily Rate Hotels 52

Hotelier Magazine

DECEMBER 14, 2023

TORONTO — As 2023 draws to a close, regional HVS leaders across the globe have taken a look back at how the global hotel industry fared this year and opine on the outlook for 2024 in its latest report. While the U.S. In Canada, the year 2023 set new benchmarks for the hotel industry.

Forecasting 52

Forecasting Cancellation Hotels Closing 52

SiteMinder

OCTOBER 15, 2023

For example, in the morning you may have lower rates because your occupancy is low and demand is not strong. Dynamic pricing can be an important strategy for a hotel that’s looking to optimise occupancy and maximise profit. This will allow them to capitalise on opportunities to boost occupancy and/or maximise revenue.

Occupancy 59

Occupancy Revenue Hotels Revenue Management 59

TravelNet

DECEMBER 5, 2022

price freeze, cancel for any reason) that have seen record success across Hopper verticals. Our current PMCs have got access to new users, increased occupancy and got high quality bookings (ADR – $268, AOV – $946, LOS 3.5 price freeze, cancel for any reason) that have seen record success across Hopper verticals.

OTA 52

OTA Cancellation Management Travel 52

Cloudbeds

JULY 15, 2023

And when you receive a new booking from an OTA, it will show up in your Channel Manager (and PMS /CRS), and that room’s availability will be closed automatically across all distribution channels. The same happens with a cancellation. In the case of one-way sync, reservations or cancellations will not be imported.

Management 76

Management OTA Cancellation Overbooking 76

Xotels

APRIL 3, 2024

Key factors considered in market segmentation include length of stay , day-of-week stays, total revenue per room , total revenue per client, booking lead time, cancellation percentage, and no-show ratio. The graph considers cancellations and identifies peak or slow booking days.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Hotel Business

MAY 18, 2023

We are entering the time of year when the likelihood of wildfires, lightning, heavy rain, tornadoes and tropical storms significantly increases, and so does hotel and resort occupancy. Keeping a close eye on outdoor amenities for any hidden dangers. Even so, hotels can go from sold out to empty in just a few days.

Cancellation 52

Cancellation Events Resorts Occupancy 52

SiteMinder

JULY 13, 2024

Offering Closed User Group (CUG) promo codes, building packages from your direct booking site or including unique value-adds are among the best ways to offer value to your guests who book direct without it affecting your OTA rate parity How does the hotel revenue management process work?

Revenue Management 98

Revenue Management Revenue Management OTA 98

Hotelogix

NOVEMBER 13, 2023

It would help you sell more rooms and boost your occupancy. Additionally, at low demand seasons, when your occupancy is low, you can charge less for your room to attract bookings. #2 This would give you an idea on how the occupancy might look on a given date. Ultimately, this leads to increased profitability.

Revenue 52

Revenue Occupancy Minimum Length of Stay Forecasting 52

Travelboom Marketing

MARCH 12, 2024

This company, along with others like VRBO , keeps hoteliers on their toes as they continue to compete for occupancy in both top destinations and less-traveled locations. Increase mid-week occupancy by offering a deep discount or convincing deal. Remember to pay close attention to your reputation on and offline.

Hotels 52

Hotels Cancellation Digital Marketing Accommodation 52

TravelNet

JUNE 26, 2023

Take time to reexamine your cancellation policy, rates, and fees. By leveraging data and analytics, owners can optimize their pricing strategies to capture more bookings during peak periods and incentivize occupancy during off-peak times. Analyze occupancy rates, revenue trends, guest reviews, and market competition on a regular basis.

Revenue Management 52

Revenue Management Revenue Occupancy Marketing 52

Hotelogix

OCTOBER 24, 2024

Your front desk staff can use a Hotel PMS to accept, cancel, and modify reservations based on your guests’ requirements. Hotel night audit evaluates and closes daily cash flow into and out of the hotel’s account and it ensures the rollover from one business day to the next day.

OTA 52

OTA Management Overbooking Cancellation 52

Amadeus Hospitality

JUNE 20, 2023

With continued demand for leisure travel and the reopening of China to tourism after several years, global hotel occupancy is on the upswing in 2023, with many markets surpassing pre-pandemic occupancy levels according to Amadeus Demand360 ® data.

Hospitality 52

Hospitality Travel Revenue Occupancy 52

Travelboom Marketing

SEPTEMBER 1, 2023

Independent hoteliers and other small management groups should pay close attention to the competition and work to engage potential guests – or risk leaving money on the table. Considering offering an early check-in, and / or free cancellation to guests that book direct. What do the best hotel rewards programs have in common?

Hotels 52

Hotels Ancillary Revenue Upsell Travel 52

SiteMinder

FEBRUARY 25, 2024

decrease in occupancy during December. Almost one in five hotel rooms booked online are cancelled prior to travel. James Liang, CEO of Chinese OTA Ctrip, finds the idea of an entry into the US market ‘ very interesting ‘ In 2022, one in every five hotel bookings ended up being cancelled, a 33% increase on 2019 figures.

Hospitality 52

Hospitality Cancellation OTA Tourism 52

Xotels

AUGUST 9, 2021

This means that, in case of cancellation, no commission is due to Google. “What became clear as the COVID crisis unfolded,” Michael Trauttmansdorff, Google’s Group Product Manager for Travel Ads, stated, “was that cancellations especially were a major factor.

Market Share 52

Market Share Hotels Cancellation OTA 52

eZee Absolute

OCTOBER 16, 2023

Working closely with the team was not just like a software provider and a client but as a team. Increased Bookings and Revenue: eZee’s reservation management system eliminated the chaos of overbookings and cancellations, leading to increased bookings and improved revenue.

Resorts 52

Resorts Tourism Fair Share Operations 52

AskSuite

JANUARY 29, 2025

Unlike the basic WhatsApp Business app, the API is designed for larger operations, offering features that cater specifically to the hospitality industry: Automated Responses: Quickly address common guest inquiries, such as check-in times, cancellation policies, or directions to the property.

Marketing Strategy 52

Marketing Strategy Market Marketing Hotels 52