Hotel Business

AUGUST 14, 2024

The aggregated index reflects performance or “health” for all segments—group, corporate negotiated, global distribution system (GDS), and events. increase in the average daily rate. Performance of indirect distribution rallies beyond 2023 levels, leading all segments in growth. This includes 103.4%

Business 69

Business Average Daily Rate Global Distribution System Events 69

SiteMinder

FEBRUARY 13, 2023

Globally, a hotel’s website was more important as a source of revenue in 2022 than it was in 2019, despite hotel websites moving down SiteMinder’s Top 12 lists in 42% of countries year-on-year. Bookings via global distribution systems (GDSs) rose as business travel continued to resume with force in 2022.

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

Hotelogix

NOVEMBER 7, 2024

Streamline Distribution to Maximize Visibility Managing your distribution channels is key to maximizing your hotel's visibility. OTAs (like Booking.com or Airbnb), your website, and other platforms (like Global Distribution Systems or GDS) are the places travelers look for hotels.

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52

Amadeus Hospitality

DECEMBER 21, 2023

The enhanced Agency360+™ corporate performance dashboard delivers greater insight into corporations that are being booked via the Global Distribution System (GDS) in individual markets, providing users with more clarity as to which corporations and associated travel agencies are bringing the most value to their business.

Travel 97

Travel Occupancy Average Daily Rate Global Distribution System 97

SiteMinder

DECEMBER 4, 2023

globally next year. Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. Hotel occupancy will increase 2.5% in the next 12 months. Online sales in the hotel segment will generate 80% of total revenue in 3 years. million people.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

Cloudbeds

OCTOBER 17, 2024

Indirect channels, such as OTAs, metasearch sites, Global Distribution Systems (GDS) such as Amadeus and Sabre, travel agents, tour operators, and wholesalers, are third-party platforms that serve as intermediaries by listing hotel rooms. Instead of trying to outbid large OTAs, focus on finding the right balance.

OTA 76

OTA Occupancy Hotels Revenue 76

Amadeus Hospitality

SEPTEMBER 6, 2023

Originally pubilshed on PhocusWire Positive momentum continues for the travel industry as global hotel occupancies rapidly return to 2019 levels, with many key destinations having already surpassed pre-pandemic performance this year, according to Amadeus’ Demand360 ® data.

Average Daily Rate 52

Average Daily Rate Global Distribution System Hotels Revenue 52

SiteMinder

DECEMBER 20, 2023

Simply multiply your predicted average daily rate (ADR) by your occupancy rate. RevPAR , or revenue per available room, is one the easiest ways to predict revenue for a hotel. For example if your hotel is expected to be occupied at 80% with an ADR of $200, your RevPAR will be $160.

Business 59

Business Hotels Management Revenue 59

SiteMinder

JANUARY 8, 2024

You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR). Manage your distribution With a Property Management Systems (PMS) in place that integrates with a channel manager, you’ll be able to advertise across many channels whilst maintaining rate parity.

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). Manage your distribution With a Property Management Systems (PMS) in place that integrates with a channel manager, you’ll be able to advertise across many channels whilst maintaining rate parity.

Operations 52

Operations Management OTA Hotels 52