SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. The average cancellation rate is 20%. It’s released on a global scale and can be segmented by country to, to give hotels unique insights into their own market. The average length of stay is 1.93

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

Hotel Business

NOVEMBER 15, 2022

We initially identified Maestro as an ideal partner for an integration with ALICE by Actabl since our market research indicated that we are well matched in market size and scope, with many mutual hotel customers across the U.S. and Canada,” Summer Guan, director of product integration, Actabl, told Hotel Business.

Cancellation 52

Cancellation Market Research Operations Business 52

Xotels

APRIL 3, 2024

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.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

SiteMinder

JUNE 12, 2024

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.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

eZee Absolute

OCTOBER 16, 2023

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. 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

Xotels

APRIL 3, 2024

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.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

SiteMinder

MAY 14, 2025

Demand and booking reports: Identify current and future trends around bookings, cancellations, and no-shows to better anticipate fluctuations in demand. Unlimited rate shopping There shouldnt be any limit on how much market research you can do, so avoid subscription revenue management software that impose rate shopping limits.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52