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Report: Independent hotels see record-breaking occupancy

Hotel Business

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Domestic tourism is still going strong.

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8 practical tips to increase your hotel’s occupancy rates

STAAH

With a little creativity and lots of data and insights, low occupancy periods can be more efficiently managed Low occupancy is largely driven by seasonality with off-peak times being marked by fewer bookings and even lower forward bookings. Spend time to optimise your listing on OTAs.

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Booking channels: Complete guide for hotels

SiteMinder

They can also be known as distribution channels and are crucial for ensuring your hotel maintains a healthy occupancy rate and revenue stream. Travellers are now predominantly booking their accommodation online, making it more crucial for hotels to focus on capturing bookings via their own website, OTAs, metasearch, and other online channels.

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AHICE Day 1: ‘It has never been a better time to open a hotel’

Hotel Management

South Australian Minister for Tourism and Multicultural Affairs, Zoe Bettison Following the emotive Welcome to Country ceremony, emcee Jess Adamson introduced South Australian Minister for Tourism and Multicultural Affairs, Zoe Bettison, enthusiastically talked up the impressive growth of her state. You need to fix that.”

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Hospitality Industry News and Reports

SiteMinder

decrease in occupancy during December. In other news: By 2030, China will be the largest outbound tourism group with 126 million trips. Google says “ …not now, not ever ” will it become an OTA (Online Travel Agent). of US tourism spend in 2022. In other news: Hotels in London experienced a 4.2%

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The beginner’s guide to hotel room price optimization

Cloudbeds

Given the stratospheric rise of online bookings, in tandem with online travel agencies (OTAs) and metasearch sites , the hotel pricing and distribution environment began evolving at an extraordinary pace, and more agile pricing strategies transitioned from a nice to have to an essential instrument. Maximizing occupancy.

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Hotel promotions: Ideas to boost bookings

SiteMinder

Booking promotions serve multiple strategic purposes: Increasing occupancy rates: Promotions can help fill rooms during low-demand periods and help a hotel “piggyback” on subjects that are already front of mind for their audience. Here are just five examples of hotel promotions you can run to increase occupancy and revenue when needed.

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