Hotel Business

FEBRUARY 22, 2023

SiteMinder’s new Hotel Booking Trends report, a hotel commerce data analysis of more than 36,000 hotels and 450+ connected booking integrations, has revealed travelers booked their trips on average eight days earlier, and canceled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Travel 102

Travel Average Length of Stay Average Daily Rate Global Distribution System 102

SiteMinder

FEBRUARY 13, 2023

SiteMinder’s new Hotel Booking Trends report, the only hotel commerce data analysis of more than 35,000 hotels and 450+ connected booking integrations, has revealed travellers booked their trips on average eight days earlier, and cancelled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

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 Average Length of Stay 59

SiteMinder

JANUARY 8, 2024

From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. Travel and Tourism Tourism is different from hospitality as travel functions as a catalyst for people to spend more money on hospitality services.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. Travel and Tourism Tourism is different from hospitality as travel functions as a catalyst for people to spend more money on hospitality services.

Operations 52

Operations Management OTA Hotels 52