Cloudbeds

MARCH 16, 2023

SAN DIEGO, CA) March 16, 2023 — Cloudbeds, the hospitality management platform powering more reservations and happier guests for lodging businesses around the globe, today announced the launch of its inaugural State of Independent Lodging Report. The next most popular length of stay was 3 to 4 nights.

Average Length of Stay 52

Average Length of Stay Average Daily Rate OTA Occupancy 52

Hotel Business

SEPTEMBER 14, 2023

Through Wyndham Community, owners can access real-time insights on key business metrics across their portfolio, from anywhere and any device, while also keeping tabs on high-priority tasks and other key action items. It’s driving a longer average length of stay and a higher ADR, driving, on average, $22,000 in revenue,” he said.

Average Length of Stay 64

Average Length of Stay OTA Services Revenue 64

Cloudbeds

APRIL 8, 2024

What many lodging businesses overlook are the different ways direct bookings can be captured. A booking engine is a platform used by lodging businesses to capture direct bookings anywhere a guest might be online. These reports can shed light on booking trends, average length of stay, and guest preferences to help guide decision-making.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

Little Hotelier

NOVEMBER 6, 2023

What is hotel revenue optimisation? As a small, independent hotelier you may have heard the terms hotel revenue optimisation and hotel revenue management. They get to the heart of what a hotel business is, and are critical to understand if you are to succeed in a competitive market. So what is revenue optimisation?

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

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. It lets you get ever more granular with how you drive revenue. ALOS – Average length of stay tells you how long your guests stay with you on average.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Little Hotelier

MARCH 25, 2024

Price and promote your property better with Little Hotelier Little Hotelier's Insights tool gives you more control, more support and more revenue. The importance of forecasting in hotel industry businesses cannot be understated. These forecasts allow you to implement revenue optimisation strategies based on anticipated occupancy.

Forecasting 52

Forecasting Cancellation Average Length of Stay Revenue 52

SiteMinder

OCTOBER 10, 2023

As unpredictable as it can be at times, especially after the COVID-19 pandemic, forecasting is still an important part of running a hotel and being able to make strategic revenue management decisions. Precise forecasting, less work Make smarter decisions for your hotel with SiteMinder’s hotel business intelligence. Booking pace.

Forecasting 52

Forecasting Revenue Average Daily Rate Occupancy 52

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. This kind of data is invaluable for hoteliers who want to analyse performance, benchmark, forecast, and plan strategically to ensure business success. The average booking lead time for hotels is 29.7

Occupancy 59

Occupancy Hotels Revenue Cancellation 59

Cloudbeds

MARCH 20, 2023

It is a fundamental process of revenue management, but also brings benefits to marketing, operations, and the guest experience. When lodging operators divide guests into segments, they can be more targeted in promotions, communications, and guest services to increase revenue, guest loyalty, and guest satisfaction.

Hotel Marketing 52

Hotel Marketing Marketing Market Average Daily Rate 52

Cloudbeds

SEPTEMBER 18, 2024

This data can then be used to make changes to improve revenue management, occupancy, guest experience, and operational efficiency. For data to be useful, however, hotels must leverage business intelligence software to gather and manage vast amounts of data across systems and put it together in a way that delivers actionable insights.

Operations 40

Operations Revenue Management Occupancy Revenue 40

SiteMinder

JUNE 2, 2022

Key performance indicators (KPIs) permeate every successful hotel; it’s crucial that you know at all times how you’re tracking towards any key goals and objectives you have outlined for your business over a certain period of time. For example, you might set out to achieve a revenue lift of 10% year-on-year. Hotel profit.

KPI 52

KPI Revenue Occupancy Hotels 52

SiteMinder

NOVEMBER 30, 2023

Almost 40% of US travellers plan to upgrade their flight to business or first-class in the next 12 months. Here’s what data to stay on top of: 86% of UK travellers think the industry is average or behind when it comes to tech adoption. France tourism statistics Ever a busy hub for travel, France tourism is rarely not booming.

Travel 52

Travel Accommodation Tourism Hotels 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