Hotelogix

JANUARY 19, 2025

Pro Tip: Use tools like rate comparison software or a PMS (Property Management System) to monitor competitors in real-time. Historical Forecasts Historical data helps you predict future demand and optimize rates. How to Use Forecasting: Analyze past trends for high-demand and low-demand periods.

Minimum Length of Stay 40

Minimum Length of Stay Occupancy Forecasting Revenue 40

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Little Hotelier

JULY 10, 2023

For example, if you set a minimum stay of two nights, no guest will be able to book a stay shorter than that. Minimum length of stay (MLOS or MinLOS) restrictions can be used across all your rooms or a select few that you choose. Why do hotels use MLOS?

Minimum Length of Stay 75

Minimum Length of Stay Occupancy Average Length of Stay Revenue 75

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Hotelogix

NOVEMBER 19, 2023

On the other hand, a hotel with poor ratings or negative reviews can deter guests from booking a stay there.  For this, adopt a Channel Manager and integrate it with the Cloud Hotel PMS. Data analytics and forecasting tools like revenue management systems can help with this.

Occupancy 59

Occupancy Maximum Length of Stay Minimum Length of Stay Revenue Management 59

Hotelogix

NOVEMBER 13, 2023

2 Forecasting-Based Pricing It is all about tweaking your hotel room price while forecasting the number of rooms that would be available for future dates. That’s how a proper forecasting would allow you to make necessary changes in your room rates, based on demand and expected occupancy.

Revenue 52

Revenue Occupancy Minimum Length of Stay Forecasting 52