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Hotel Revenue Management Strategies

Xotels

This is done by thoroughly understanding your property, its customers, and the market. Understand your HotelĀ“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.

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What is ALOS and how do you calculate it?

SiteMinder

ALOS usually shifts throughout the year, depending on the season and its respective travel patterns. It also differs depending on the property type, location and target market. On the other hand, city properties with a focus on business travellers usually see guests stay fewer days.