Ancillary Revenue Forecasting Occupancy 
Hotel Business
DECEMBER 12, 2022
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. Some of the findings: Direct bookings are on the rise.
Cloudbeds
NOVEMBER 15, 2024
This scalability is especially valuable for hotels – as more information is collected about guest behavior, booking trends , and occupancy patterns the more precise rate adjustments, inventory management, and marketing strategies will be in the future. Why it’s important for hotels? Why it’s important for hotels?
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Hotel Speak
JANUARY 9, 2025
Revenue management relies heavily on core principles such as data collection and forecasting. These fundamentals have remained largely consistent over time, and a solid understanding of them is crucial before diving into the latest trends and innovations in revenue strategies.
STAAH
APRIL 23, 2024
Interactive dashboards and visual representations make it easier for revenue managers to make data-driven decisions, identifying revenue trends, tracking performance metrics, and accurately forecasting future demand.
Cloudbeds
OCTOBER 9, 2024
Hotel forecasting is a critical component of successful hotel management, serving as the foundation for strategic decision-making and operational efficiency. For hotel managers and the industry as a whole, accurate forecasting is not just beneficial—it’s essential for maintaining competitiveness and profitability in a dynamic market.
Xotels
MARCH 3, 2025
What Are Revenue Management Tools? Revenue management tools are software and systems that help hotels optimize pricing, control cost , maximize occupancy, and increase profitability. These tools use data-driven insights, automation, and forecasting to ensure youre charging the right price at the right time.
Xotels
APRIL 3, 2024
Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.
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