Hotelogix

NOVEMBER 19, 2023

  Your pricing and competition rates: If you set your rates too high and your competitors offer the same level of services at a lower rate, you will surely not be able to boost sales and occupancy. Ultimately, it leads to more sales via online channels, resulting in improved hotel occupancy.

Occupancy 59

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

Xotels

APRIL 3, 2024

Without a healthy distribution mix including a strong website and direct sales, you can forget about your profit margins. Have both on and- offline marketing/sales content available to entice group stays. Also, gone are the days of selling the majority of your rooms through OTAs.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Hotelogix

NOVEMBER 13, 2023

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.

Revenue 52

Revenue Occupancy Minimum Length of Stay Forecasting 52

Xotels

APRIL 3, 2024

Without a healthy distribution mix including a strong website and direct sales, you can forget about your profit margins. Have both on and- offline marketing/sales content available to entice group stays. Also, gone are the days of selling the majority of your rooms through OTAs.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40