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

Little Hotelier

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?

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Hotel peak season: Strategies for small hotels

Little Hotelier

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.

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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

Revenue managers should analyse past booking patterns, referencing the guest in-house list from the previous year, including denials and regrets, to understand stays of varying lengths. By selling more rooms than you have available on a given night, you can help avoid being left with empty rooms due to cancellations and no-shows.