STAAH

MAY 16, 2023

4) Flexible Cancellation Policy Guests are looking for flexibility , now more than ever. People are even ready to pay a better price in order to have the flexibility to cancel. Also known as a non-refundable rate. It is one of the most important strategies for hotels. It is handy to have this as a strategy.

Revenue Management 98

Revenue Management Occupancy Upsell Revenue 98

Social Tables

APRIL 22, 2019

Save time on every timeline with easy seating tools Learn More The event planner’s site inspection checklist Basic info Site inspection date Venue name Venue type Address Contact information Venue availability Site specifics AAA rating Mobil rating Is there any upcoming construction planned? If so, when? Is the venue ADA compliant?

Events 102

Events Rack Rate Scale Sales 102

Hotelogix

AUGUST 21, 2024

Verify room rates Comparing guest registration records with room reports is mandatory to ensure rack rates and actual rates are the same. It helps you to understand a particular day’s occupied rooms,  available rooms, check-ins, check-outs, no-shows, cancellations, complimentary rooms, day-use rooms, etc.

Revenue 52

Revenue Average Daily Rate Rack Rate Hotels 52

Little Hotelier

OCTOBER 11, 2023

You don’t accept reservations at specific discounted rates for multiple night stays extending into the sold out period. Guests who want to stay beyond the maximum length of stay period can be charged rack rate for subsequent nights. However, overbooking means that you risk double booking, which is not worth the risk.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52