Hotelogix

NOVEMBER 12, 2023

They help you understand percentage of rooms occupied, percentage of rooms occupied minus complementary and house use, average daily rate and total revenue of your hotel including POS,other charges, etc. You can also view the number of rooms that are marked as available, occupied, complementary, cancelled, no-show, day use, etc.

Management 59

Management Occupancy Revenue Average Daily Rate 59

SiteMinder

MAY 16, 2023

Additional data from SiteMinder’s Hotel Booking Trends indicated that the average length of stay is also on the rise, with 2022 recording longer stays than previous years. This was particularly true for Spain in summer, which had the longest average stay length in August.

Average Length of Stay 105

Average Length of Stay Occupancy Average Daily Rate Revenue 105

Little Hotelier

JULY 6, 2023

Agoda is a renowned online travel agency (OTA) with a global reach, offering a platform for property owners to list their accommodations and attract potential guests from all over the world. This includes confirming reservations, handling cancellations, and responding to guest inquiries. What is an Agoda listing?

Average Daily Rate 52

Average Daily Rate Revenue Cancellation Management 52

SiteMinder

SEPTEMBER 6, 2023

This allows you to maintain or even increase your average daily rate (ADR). Reduced cancellation risks : The closer the booking is to the stay date, the less likely it is to be cancelled. Reduced cancellation risks : The closer the booking is to the stay date, the less likely it is to be cancelled.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

eZee Absolute

JANUARY 9, 2023

Leverage the power of OTAs. Have a higher average daily rate. Which is why it is imperative to offer flexible booking options, such as the ability to easily change or cancel reservations. Leverage the power of OTAs. Offer flexible booking and payment options. Provide amenities that cater to their needs.

OTA 52

OTA Hotels Accommodation Travel 52

SiteMinder

JUNE 12, 2024

The use of yield management should factor in the costs of channels – from GDSs, OTAs, wholesalers, meta search sites and property websites to direct calls – and therefore how to better yield your inventory by channel, customer and more. This can involve overbooking strategies to account for last-minute cancellations or no-shows.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Clock Software Hospitality

JANUARY 12, 2021

With public events cancelled, you are likely to be put in the position of providing guests with on-premise entertainment. While some of the popular sites like Booking.com and AirB&B are seeing a significant hit in interest, they have a unifying function which consumers appreciate, so with travel picking up once again, so will OTA bookings.

Hospitality 52

Hospitality Average Daily Rate Scale Events 52

Cloudbeds

AUGUST 8, 2024

Marketing data can be pulled from your hotel’s website, social media channels, customer relationship management system (CRM) , Google Profile, online travel agencies (OTAs), and metasearch engines. Lighthouse Formerly OTA Insights, Lighthouse offers competitive pricing strategies and analysis, as well as forecasting for market demand.

Business 40

Business Revenue Management Forecasting Revenue 40

SiteMinder

JANUARY 8, 2024

You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR). For instance, you can evaluate which channel is delivering the most reservations, contributing the most to overall revenue, has the highest cancellation rate, or which has the largest or smallest lead time.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR). For instance, you can evaluate which channel is delivering the most reservations, contributing the most to overall revenue, has the highest cancellation rate, or which has the largest or smallest lead time.

Operations 52

Operations Management OTA Hotels 52

SiteMinder

JULY 13, 2024

That said, one has to ask: why are so many hotels’ margins still being eroded away by OTAs ? The growth of metasearch OTAs often outperform individual hotels in metasearch positioning and cost-per-click (CPC) performance. Some OTAs still use cached pricing.

Revenue Management 98

Revenue Management Revenue Management OTA 98

Cloudbeds

MARCH 20, 2023

When done effectively, personalization can help hotels earn more bookings, higher average daily rates (ADR) , and better online reviews. They typically reserve directly with the hotel or through an online travel agency (OTA) or travel agent at non-negotiated rates. Personalization comes from knowing your guests.

Hotel Marketing 52

Hotel Marketing Market Marketing Average Daily Rate 52

Little Hotelier

AUGUST 29, 2023

With their scale and global reach OTAs provide hotels with a cost-effective way to increase bookings on a pay-per-performance basis. This is why their commission rates should be seen as a smart investment for your business. Make sure your all-in-one reservation system can track the revenue-related metrics that matter.

ROI 98

ROI Average Length of Stay Hotels Revenue 98