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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. This kind of data is invaluable for hoteliers who want to analyse performance, benchmark, forecast, and plan strategically to ensure business success. The average cancellation rate is 20%.

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Travel statistics: Data and reports for hotels

SiteMinder

Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. 67% of families say that they now check cancellation policies when making travel arrangements and 47% say they now buy travel insurance.

Travel 52
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14 Must-Attend Hospitality Conferences for Industry Professionals in 2022

Social Tables

Many hospitality conferences and conventions were virtual or hybrid events , while others were forced to cancel altogether. Exchanges focus around meeting face-to-face with a wide array of vendors, buyers, and mountain tourism suppliers from around the world. MTS is broken down into two main components: The Exchanges and the Forum.

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Time uninterrupted

Hotel Business

This included long waits (29%), poor customer service (29%) and lost money due to canceled/disrupted plans (29%). The world’s population has spent billions on hotels, cruises, vacation rentals and package holidays every year, and worldwide travel and tourism revenues are forecasted to reach $716.8

Travel 59
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What is Hotel Management?

Xotels

Hotel management handles budgeting, revenue forecasting , cost control , and financial analysis to ensure profitability while maintaining service quality. Sell and promote reservation services, answer customer questions, and support reservation amendments or cancellations. Interested in working at Xotels?

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What is Hotel Management?

Xotels

Hotel management handles budgeting, revenue forecasting , cost control , and financial analysis to ensure profitability while maintaining service quality. Sell and promote reservation services, answer customer questions, and support reservation amendments or cancellations. Interested in working at Xotels?