Hotelogix

JANUARY 19, 2025

Identify & Analyze Competition Why it matters: Staying competitive requires understanding your market. Key Pricing Strategies: Dynamic Pricing : Adjust rates based on real-time occupancy, demand, and competitor rates. Best Practice: Combine multiple strategies to adapt to market fluctuations and guest segments.

Minimum Length of Stay 40

Minimum Length of Stay Occupancy Forecasting Revenue 40

Hotelogix

NOVEMBER 19, 2023

As a hotelier, boosting the occupancy rate is critical to running a successful business. In a highly competitive industry, you must attract and retain guests to increase your property's occupancy rate and revenue. This article will explore various ways to improve hotel occupancy rates and the role of technology in it. 

Occupancy 59

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

Little Hotelier

OCTOBER 11, 2023

This is exciting for your business because it presents an opportunity to push the limits of your occupancy and cash-in on increased revenue. Strategies to prepare for peak season in the hotel industry When peak season is just around the corner, it’s exciting – you’re looking forward to welcoming guests and having full occupancy.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

Hotelogix

NOVEMBER 13, 2023

It would help you sell more rooms and boost your occupancy. Additionally, at low demand seasons, when your occupancy is low, you can charge less for your room to attract bookings. #2 This would give you an idea on how the occupancy might look on a given date. Ultimately, this leads to increased profitability.

Revenue 52

Revenue Occupancy Minimum Length of Stay Maximum Length of Stay 52

gcommerce

MAY 3, 2024

Establishing a direct relationship with the guest proves invaluable for pre/post-stay communications, loyalty programs, and other personalized services. This strategy is more focused on the return of your metasearch marketing efforts. Increasing visibility for searches for these types of stays can help increase direct bookings.

Minimum Length of Stay 52

Minimum Length of Stay Market Marketing Email Marketing 52

Xotels

APRIL 3, 2024

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

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Xotels

APRIL 3, 2024

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

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40