Cloudbeds

MAY 8, 2024

It also shows what type of guests are staying at your hotel and even what booking channels (direct, online travel agencies (OTAs), etc.) Occupancy rate indicates the percentage of utilization of hotel rooms. ADR (Average daily rate) is the calculation of the average price or rate of a hotel room charged for a given period.

Cancellation 52

Cancellation Revenue Occupancy Revenue Management 52

eZee Absolute

JANUARY 9, 2023

Use social media marketing. Leverage the power of OTAs. If you have been thinking of targeting this group of travelers, then here are some of the benefits you would love to learn about: 1. Have a higher average daily rate. Leverage the power of OTAs. How to Select the Right OTAs for your Hotel?

OTA 52

OTA Hotels Accommodation Travel 52

SiteMinder

JANUARY 8, 2024

You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR). You have to look beyond the four or five biggest channels and find partners that most suit your hotel’s target market and brand positioning. Offer options guests won’t be able to find on OTAs.

Operations 59

Operations Management OTA Hotels 59

Cloudbeds

AUGUST 8, 2024

Common operational data metrics include: Occupancy history and forecast Capacity Housekeeping efficiency Maintenance response time Food and beverage cost percentage Out-of-service rooms Marketing data Your marketing data captures how well your channels are performing and reports on visitor data to help guide future marketing campaigns.

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). You have to look beyond the four or five biggest channels and find partners that most suit your hotel’s target market and brand positioning. Offer options guests won’t be able to find on OTAs.

Operations 52

Operations Management OTA Hotels 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. What are the elements of hotel yield management?

Yield Management 98

Yield Management Management Revenue Management Revenue 98

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