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‘Call it magic’: Coldplay fans drive hot demand for hotel rooms in Auckland, Sydney and Melbourne

Hotel Management

Recent data from CoStar shows Auckland experiencing the highest occupancy levels of the three cities, peaking at 84.1% The second highest occupancy on the books (79.1%, +25.5% With the tour already pushing the market’s daily occupancy over the 80% mark, this will be the first time Auckland will see levels this high since July.”

Occupancy 162
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Why properties should consider midterm bookings this summer

SiteMinder

Table of contents Introduction from SiteMinder: The bleisure market and hotel booking trends Following the pandemic, the bleisure market changed from a growing niche to a mainstream source of bookings for accommodation providers. The good news is that they don’t discriminate when it comes to choosing their accommodation.

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Why you should connect with Renthia to attract long term travellers

STAAH

At the same time, a property manager cannot expect a long-stay guest to pay the same daily rate over a period of minimum 3 months. Over the last few years Renthia has helped property managers throughout the world, to get verified long-stay guests at a commission fee of only 6%. Why partner with Renthia for long-stay bookings?

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

Little Hotelier

Minimum length of stay (MLOS or MinLOS) restrictions can be used across all your rooms or a select few that you choose. It can help you maximise your revenue and control your occupancy, but it’s a delicate balance that relies on managing supply and demand. Why do hotels use MLOS?

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Hotel investment: What is a good hotel ROI?

Little Hotelier

Prioritising your investments correctly will ensure your budget spend is contributing towards increased revenue and occupancy rates. Unique B&B Signage Signage is your chance to advertise to passing guests who haven’t yet booked their accommodation for the night. Your occupancy rates? Your direct bookings?

ROI 98
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Hotel forecasting: Methods for small hotels

Little Hotelier

Once your hotel has an idea of demand, you can make tweaks to your room and service prices that help maximise revenue and occupancy. These forecasts allow you to implement revenue optimisation strategies based on anticipated occupancy. Understand exactly when peak and low periods occur throughout the year.

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Hotel industry statistics: Guide for hotels

SiteMinder

Hotel industry statistics refer to data and metrics relating to hotels and other accommodations in the industry. Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Hotel occupancy will increase 2.5% The average length of stay is 1.93