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It helps you to increase occupancy during the slow period that follows (so that stays in the high demand period ‘spill over’ into the less demanding period). Maximumlength of stay You apply a maximumlength of stay when you expect to be able to sell out rooms at higher rates.
Revenue managers should analyse past booking patterns, referencing the guest in-house list from the previous year, including denials and regrets, to understand stays of varying lengths. Ancillary revenue refers to income derived from goods or services offered beyond the core accommodations offering.
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 maximumlength of stay or minimum length of stay to enhance occupancy.
Revenue managers should analyse past booking patterns, referencing the guest in-house list from the previous year, including denials and regrets, to understand stays of varying lengths. Ancillary revenue refers to income derived from goods or services offered beyond the core accommodations offering.
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