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Minimum stay (MLOS): What is it and how can it be used?

Little Hotelier

Minimum stay is a policy, or restriction, that you can set at your property which dictates how guests can book their reservation. For example, if you set a minimum stay of two nights, no guest will be able to book a stay shorter than that. The post Minimum stay (MLOS): What is it and how can it be used?

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5 Most Effective Hotel Room Pricing Strategies to Boost Revenue

Hotelogix

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.

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Want to Improve Hotel Occupancy Rate? Try these Strategies.

Hotelogix

Data analytics and forecasting tools like revenue management systems can help with this. Implement length of stay: By setting minimum or maximum length of stay restrictions, you can have a steady flow of guests throughout both peak and low seasons.

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Hotel Revenue Management Strategies

Xotels

Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.