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

Amadeus Hospitality

NOVEMBER 13, 2024

13, 2024 — Cendyn’s Sales Intelligence platform, previously known as Knowland, and Amadeus , a leading travel intelligence and technology provider for the travel industry, today present the metrics from the companies’ Hospitality Group and Business Performance Index (the “ Index ”). Las Vegas meeting volume was at 124.1

Business 84

Business Average Daily Rate Global Distribution System Events 84

Amadeus Hospitality

AUGUST 14, 2024

The aggregated index reflects performance or “health” for all segments – Group, Corporate Negotiated, Global Distribution System (GDS), and Events. percent increase in the average daily rate. Performance of indirect distribution rallies beyond 2023 levels, leading all segments in growth.

Average Daily Rate 59

Average Daily Rate Business Events Global Distribution System 59

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

Amadeus Hospitality

DECEMBER 21, 2023

And today’s travelers have higher expectations than ever for more sustainable, personalized and flexible journeys. Helping Travelers Throughout Their Journeys We evolved as a company, too, as we considered the question, “ How can we make travel better? ” markets has already recovered by 99.1%

Travel 97

Travel Occupancy Average Daily Rate Global Distribution System 97

STAAH

APRIL 16, 2024

This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions. An RMS that can sync seamlessly with various channels allows hoteliers to update room rates and availability across all platforms simultaneously, minimizing the risk of overbooking and ensuring maximum exposure to potential guests.

Revenue Management 83

Revenue Management Revenue Management Forecasting 83

Hotelogix

NOVEMBER 7, 2024

Maximize Direct Bookings to Reduce Dependence on OTAs When guests book through Online Travel Agents (OTAs) like Booking.com or Expedia, hotels often have to pay hefty commission fees, sometimes up to 20%. A loyalty program can encourage guests to keep coming back, which boosts your occupancy rate. front-page listing).

Hotel Sales 52

Hotel Sales Revenue Sales OTA 52