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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

  Your guest service standards: They significantly influence hotel occupancy rates. When guests receive exceptional customer service and have an enjoyable experience during their stay, they are likely to write positive reviews and recommend the hotel to others.

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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. Entice guests to spend more time.

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5 Most Effective Hotel Room Pricing Strategies to Boost Revenue

Hotelogix

The answer to this question is quite simple – if you charge too high, you will lose customers to your local competition that offers reasonable rates for more or less the same type of accommodation and services. You should modify your room pricing either based on maximum length of stay or minimum length of stay to enhance occupancy.

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