gcommerce

APRIL 16, 2024

Linger Longer, X night free, extend your stay - no matter what it’s called, it’s all centered around the same goal. This common goal that many hotel clients come to us with is trying to increase their average length of stay among guests.

Average Length of Stay 88

Average Length of Stay Consumer Hotels Resorts 88

Hotel Designs

JULY 9, 2024

With an average length of stay at two night, we’re giving them the perfect room and facilities for a short stay in some of the busiest centres around the world. Our objective with YotelPad is slowing down, so we are targeting longer stay at around four to eight nights.

Average Length of Stay 105

Average Length of Stay Travel Retail Events 105

SiteMinder

MAY 16, 2023

Additional data from SiteMinder’s Hotel Booking Trends indicated that the average length of stay is also on the rise, with 2022 recording longer stays than previous years. This was particularly true for Spain in summer, which had the longest average stay length in August.

Average Length of Stay 105

Average Length of Stay Occupancy Average Daily Rate Revenue 105

Cloudbeds

NOVEMBER 15, 2024

Consider booking patterns, cancellation rates, average length of stay, guest preferences for room amenities or dietary restrictions, website and app metrics, competitor rates, and market trends—the list goes on.

Upsell 99

Upsell Occupancy Revenue Management Revenue 99

Hotelier Magazine

MARCH 11, 2024

Your average booking and your average length of stay are all things that can be aggregated well. AI has been making inroads as a tool to analyze patterns. There are limitless opportunities with AI,” said Ellis. You can certainly use AI in the guests’ experience.”

Business 59

Business Average Length of Stay Hospitality Management 59

Hotel Business

JANUARY 24, 2023

One adjunct to this and one of the major industry changes over the past two years is average length of stay, which from 2015 through 2019 was consistently about 1.9 nights, meaning the overwhelming majority of stays was one night, according to Kalibri Labs’ data. Regardless, this will boost travel and use of hotels.”

Average Length of Stay 69

Average Length of Stay Occupancy Real Estate Travel 69

TravelNet

DECEMBER 12, 2023

Occupancy, ADR, and RevPAR are all down compared to 2021 and 2022 (but higher than 2019); booking windows and average length of stay are down, and; shoulder season performance is slightly up. KeyData’s October 2023 overview of industry trends reveals a few potentially worrisome trends as we head into 2024.

Average Length of Stay 52

Average Length of Stay Occupancy Retail OTA 52

Little Hotelier

AUGUST 29, 2023

For example, Little Hotelier lets you generate reports for: Average occupancy rate Average length of stay Average lead time Average revenue per booking Revenue per available room Average daily rate Dollar value of cancelled reservations You can also get a detailed report of your revenue, check-ins, extras, and payments for any date range.

ROI 98

ROI Hotels Average Length of Stay Revenue 98

Hotelogix

OCTOBER 14, 2023

Average Length of Stay or ALOS The Average Length Of Stay is a kpi for hospitality industry metric which helps in making it easy to find out the length of stay of guests which are booked at your hotel. The ALOS metric is calculated by dividing the occupied rooms by a number of bookings.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

SiteMinder

FEBRUARY 13, 2023

Travellers incrementally increased their hotel stays, with the average length of stay growing only slightly in 2022 to 1.93 Stays booked to Spain in August were the longest globally, at 2.65

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

SiteMinder

OCTOBER 9, 2023

Revenue and profit are always important, but more specific KPIs around average length of stays may not always be as integral to highlight in hotel metrics reports. CPOR – Cost per occupied room lets you identify the average cost per occupied room to give you an idea of how healthy your cost of acquisition is.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Cloudbeds

APRIL 8, 2024

These reports can shed light on booking trends, average length of stay, and guest preferences to help guide decision-making. Integrated booking engines come equipped with in-depth reporting capabilities since data is centralized from your PMS and channel manager. Integration with Google Analytics.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

Inn Quest

AUGUST 3, 2023

Average Length of Stay (ALOS): Like repeat guest rate and guest satisfaction survey results, ALOS can show how much visitors like their time at your hotel. However, many visitors also come back because they believe the hotel’s price-to-value ratio is competitive.

Hospitality 87

Hospitality Average Length of Stay Services Business 87

Bookassist

DECEMBER 15, 2021

With the average length of stay lengthening, IRS is an invaluable tool for hotels to sell and convert these longer-stay bookings. With IRS enabled in the Booking Engine , direct bookers are never presented with a sold-out message on their website when availability exists for other room types.

Average Length of Stay 52

Average Length of Stay Travel Revenue Hotels 52

Little Hotelier

JULY 10, 2023

Here are the pros and cons: Pros of minimum length of stay Setting or keeping a minimum stay policy at your accommodation can help you: Maximise occupancy and revenue during peak periods Ensure quiet days of the week or weeks of the year have a regular occupancy rate Save on cleaning and maintenance fees, since a full turnover of the room only happens (..)

Minimum Length of Stay 75

Minimum Length of Stay Occupancy Average Length of Stay Revenue 75

SiteMinder

SEPTEMBER 26, 2022

For example, when you identify the market segment that offers your hotel the longest stays you can focus on this segment to drive up the average length of stay in your property. It is a crucial step in applying this data for the benefit of the hotel’s business.

Hotel Marketing 95

Hotel Marketing Market Marketing Fair Share 95

Hotel Business

SEPTEMBER 14, 2023

It’s driving a longer average length of stay and a higher ADR, driving, on average, $22,000 in revenue,” he said. Ballotti said that 4,500 franchisees have already opted-in to the Signature Reservation Services, where room booking calls are directed to a professionally run call center. “It’s

Average Length of Stay 64

Average Length of Stay OTA Services Revenue 64

Little Hotelier

MARCH 25, 2024

Step 3: Analyse demand Generate booking demand insights around KPIs like ADR , RevPAR , lead time and average length of stay. Work to identify opportunities and understand why issues occur, such as the reason behind cancellations and no-shows. Understand exactly when peak and low periods occur throughout the year.

Forecasting 52

Forecasting Cancellation Average Length of Stay Revenue 52

Little Hotelier

NOVEMBER 6, 2023

Some of the most important metrics to track, analyse and optimise include: Occupancy rate Average daily rate (ADR) Revenue per available room (RevPAR) Total revenue per available room (TRevPAR) Average length of stay (ALOS) Gross operating profit (GOP) The post Hotel revenue optimisation strategies for small hotels appeared first on Little Hotelier. (..)

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

SiteMinder

JUNE 8, 2022

Your average daily rate. Average length of stay. A simple forecasting model that your hotel can get started on is to use purely historical data to predict future outcomes. For example, you could single out a particular month and look at: How many room nights were sold. Your occupancy rate. Your total revenue.

Forecasting 52

Forecasting Revenue Average Daily Rate Average Length of Stay 52

TravelNet

NOVEMBER 9, 2022

In 2022 so far, HomeToGo has an average length of stay of 8 days with an average booking value of $2,100. With HomeToGo’s longer length of stay, Track property managers can reduce their operational costs with fewer turn days. Most importantly, HomeToGo is acting as a true partner.”

Cancellation 52

Cancellation Average Length of Stay Management Revenue 52

SiteMinder

DECEMBER 4, 2023

The average booking lead time for hotels is 29.7 The average length of stay is 1.93 The average cancellation rate is 20%. Online travel agencies make up the top two revenue generating positions in 79% of major destinations. Airbnb is quickly becoming a mainstay for hotels who want to drive additional revenue.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

SiteMinder

OCTOBER 10, 2023

Hotel forecasting methods to use A simple hotel forecasting model that your hotel can get started on is to use purely historical data to predict future outcomes.

Forecasting 52

Forecasting Revenue Average Daily Rate Occupancy 52

SiteMinder

JUNE 12, 2024

Depending on how detailed you wish your reports to be, you can break down your analysis by traveller segment, channel, room type, booking behaviour, average length of stay, the willingness to book in advance and the total revenue generated by customer type to name a few options.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

SiteMinder

OCTOBER 20, 2022

For hotels that looked beyond rate impacts, there was a trend to catch that meant strategically listing some of their hotel room inventory on Airbnb.

Hotels 52

Hotels Average Length of Stay Accommodation Management 52

SiteMinder

JUNE 2, 2022

CPOR – Cost per occupied room lets you identify the average cost per occupied room to give you an idea of how healthy your cost of acquisition is. ALOS – Average length of stay tells you how long your guests stay with you on average. How much are you spending to secure a booking?

KPI 52

KPI Revenue Occupancy Hotels 52

Cloudbeds

SEPTEMBER 18, 2024

Basic KPIs include average daily rate (ADR) , occupancy (OCC), revenue per available room (RevPAR), and average length of stay (ALOS). Revenue management KPIs. Examples of advanced KPIs include revenue per available room (TrevPAR) and gross operating profit per available room (GOPPAR).

Operations 40

Operations Revenue Management Occupancy Revenue 40

Cloudbeds

MARCH 20, 2023

Analyze booking data for each segment to look for patterns such as: City of origin Booking channels Lead times Stay patterns (E.g., arrival and departure days, average length of stay) Preferred room types Average daily rate and revenue per booking Cancellation rates Identify your most valuable market segments.

Hotel Marketing 52

Hotel Marketing Market Marketing Average Daily Rate 52

SiteMinder

NOVEMBER 30, 2023

42% of Thai guests are ‘very supportive’ of their personal data being used to better their stay. Tourists spend an average of 167 USD per day in Thailand. The average length of stay in Thailand is 9 days. Thailand is the 8th most popular destination in the world for travel.

Travel 52

Travel Accommodation Tourism Hotels 52

Travel Media Group

APRIL 12, 2023

So the first thing that we’ve observed was that your average length of stay across the board for business travelers has actually increased, which is, which, which is great for us, you know, I mean, hotels are always striving to have a longer length of stay for, for, for transient guests.

Hospitality 98

Hospitality Travel Business Market 98

Hotelier Magazine

MAY 16, 2023

Future product enhancements, which are expected to begin rolling out later this year, include portfolio-level benchmarking, monthly P&L, average-length-of-stay data and forward-looking occupancy.

Average Length of Stay 52

Average Length of Stay Market Share Scale Occupancy 52

Hotel Business

APRIL 15, 2024

When travelers stay longer, they foster deeper relationships with the staff and have a better guest experience because of it, contributing to the hotel’s long-term success.” Overall, the data reveals average length of stay patterns in 2023 showed relative consistency with previous years.

Average Length of Stay 64

Average Length of Stay Travel Occupancy Tourism 64

Cloudbeds

MARCH 16, 2023

In North America, the average booking window exceeded 2019 levels by five days; in Europe, two days. Meanwhile, ongoing travel restrictions in the Asia Pacific region kept the booking window five days short of the 2019 average. Length of Stay Most travelers within the data set booked stays of 1 to 2 nights over the last four years.

Average Length of Stay 52

Average Length of Stay Average Daily Rate OTA Occupancy 52

Hotel Business

MARCH 16, 2023

In North America, the average booking window exceeded 2019 levels by five days; in Europe, two days. Meanwhile, ongoing travel restrictions in the Asia Pacific region kept the booking window five days short of the 2019 average. Length of stay Most travelers within the data set booked stays of 1 to 2 nights over the last four years.

Average Length of Stay 52

Average Length of Stay OTA Occupancy Digital Marketing 52