Remove Maximum Length of Stay Remove Occupancy Remove Travel
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Hotel terminology: A complete guide for hotel owners

SiteMinder

Get real-time ADR, RevPAR, and occupancy data that automatically updates across all channels. KPI (Key performance indicator) A measurable value such as RevPAR or occupancy used to gauge success against goals. MLOS (Minimum length of stay) Requires reservations to include at least a set number of nights, protecting shoulder dates.

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Want to Improve Hotel Occupancy Rate? Try these Strategies.

Hotelogix

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. 

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Hotel peak season: Strategies for small hotels

Little Hotelier

For hoteliers, peak travel season is all about making hay while the sun shines. By positioning yourself as the first choice for your target guest, you can charge a higher rates for your rooms – which guests will be more willing to pay given they are competing against so many other travellers.

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5 Most Effective Hotel Room Pricing Strategies to Boost Revenue

Hotelogix

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.

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Hotel Revenue Management Strategies

Xotels

This segmentation involves identifying the purpose of the trip, differentiating between business and leisure travellers, and analysing various trends to enhance revenue performance. Focus on what leisure travellers want to add value to their stay. Long-stay amenities (kitchenette, in-room working/living area etc.). .

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Top Revenue Management Strategies for Hotels

Xotels

This segmentation involves identifying the purpose of the trip, differentiating between business and leisure travellers, and analysing various trends to enhance revenue performance. Focus on what leisure travellers want to add value to their stay. Long-stay amenities (kitchenette, in-room working/living area etc.). .