SiteMinder
AUGUST 5, 2025
Rate plan A set of pricing rules for a room type, including meal inclusions, cancellation terms and minimum-stay requirements. Overbooking Selling more rooms than you physically have to offset expected cancellations and no-shows; requires tight controls to avoid guest displacement.
Xotels
JULY 11, 2025
There are plenty of low-cost revenue management tools that get the job done if you know how to use them. When done right, it covers cancellations and no-shows without turning away actual guests. All in all, one of the most powerful tactics in revenue management you can play with. Myth #5: “It causes overbooking and angry guests.”
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Xotels
AUGUST 6, 2025
Typically, the hotel budget season starts towards the end of August with presentations to management starting the following month. However, with trends ever evolving and Covid-19 impacting booking behaviour, it is important to take factors such as booking windows, cancellations trends, increasing room rates, and inflation into account.
Hospitality Today
JUNE 24, 2025
Last-minute bookings rising : Booking Holdings and Hyatt both report shorter stays and more last-minute reservations, complicating yield management and pricing strategies. Vacation âtrade-downâ trend : Travelers arenât cancelling vacations but opting for closer, shorter, and cheaper alternatives like road trips and campgrounds.
SiteMinder
JUNE 12, 2024
What is Yield Management? Yield management is a pricing and revenue management strategy that is used to maximise business performance. It involves adjusting prices based on predicted demand and other external factors to maximise revenue or yield. A similar principle can apply to distribution.
Cloudbeds
FEBRUARY 28, 2024
When travelers book through your website, they can make changes or cancel directly with your property, giving them peace of mind. As a lodging operator, you can implement deposit and cancellation policies as a safeguard in case of no-shows. Manage rates and availability in real-time.
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.
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