Little Hotelier

NOVEMBER 6, 2023

What is hotel revenue optimisation? As a small, independent hotelier you may have heard the terms hotel revenue optimisation and hotel revenue management. So what is revenue optimisation? The best revenue optimisation solutions will offer up insightful data to help guide your efforts.

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. The average length of stay is 1.93

Occupancy 59

Occupancy Hotels Revenue Cancellation 59

Cloudbeds

MARCH 20, 2023

When done effectively, personalization can help hotels earn more bookings, higher average daily rates (ADR) , and better online reviews. It is a fundamental process of revenue management, but also brings benefits to marketing, operations, and the guest experience. Boost revenue and profitability.

Hotel Marketing 52

Hotel Marketing Marketing Market Average Daily Rate 52

Cloudbeds

OCTOBER 17, 2024

Tools like your channel manager , booking engine, and PMS can reveal valuable insights into guests’ preferences or which channels have the highest paying customer base, lowest cancellation rates, or lowest fees. and push those suggestions to your PMS, channel manager, and booking engine to be updated in real time.

OTA 76

OTA Occupancy Hotels Revenue 76

Cloudbeds

AUGUST 8, 2024

Whether you’re a revenue manager, accountant, front office manager, or hotel owner, you need real-time data and visualizations to understand what’s happening at any given time. With business intelligence, you have the knowledge to drive hotel operations, increase your revenue, and enhance your guest experience.

Business 40

Business Revenue Management Forecasting Revenue 40

Cloudbeds

OCTOBER 11, 2024

Revenue management system. Although it doesn’t capture financial transactions directly, it provides key metrics like revenue per available room (RevPAR), Average Daily Rate (ADR), and rate trend forecasts. With hotels using an average of 20-30 tech vendors, there is a lot of data to keep straight.

Forecasting 52

Forecasting Revenue Hotels Average Daily Rate 52

eZee Absolute

JANUARY 9, 2023

Have a higher average daily rate. By offering such amenities, hotels can appeal to the needs of digital nomads and potentially charge a little higher daily rates. Set rates that are practical and reasonable. But then, again, don’t make it all about the cash. Explore new markets.

OTA 52

OTA Hotels Accommodation Travel 52

SiteMinder

JANUARY 8, 2024

Types of hotel management If we zoom in on accommodation management, it too can be divided into a few different categories, which reflect the broad range of tasks and challenges that hotel management presents. You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR).

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

Types of hotel management If we zoom in on accommodation management, it too can be divided into a few different categories, which reflect the broad range of tasks and challenges that hotel management presents. You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR).

Operations 52

Operations Management OTA Hotels 52