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Hotel Revenue Management Strategies

Xotels

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

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Top Revenue Management Strategies for Hotels

Xotels

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

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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. When you nail it, you can incentivize your guests with special packages/discounts during the off-season to improve hotel occupancy and revenue. All these are critical elements to attract more guests to the property.

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What is ALOS and how do you calculate it?

SiteMinder

So, let’s look at how you can increase the length of stay at your property. Set a minimum length of stay booking restriction. Minimum stay restrictions are the most straightforward way to increase ALOS since they simply don’t allow shorter bookings.

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5 Most Effective Hotel Room Pricing Strategies to Boost Revenue

Hotelogix

You should modify your room pricing either based on maximum length of stay or minimum length of stay to enhance occupancy. The most important thing here is that guests get to pay one rate for their entire stay.

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