Cloudbeds

NOVEMBER 15, 2024

While better than operating without data, this approach is reactive and inefficient, resulting in missed opportunities. In this article, we explore what decision intelligence is and the transformative effect it’s bound to have across demand optimization, segmentation, operations, and training and enablement.

Upsell 105

Upsell Occupancy Revenue Management Revenue 105

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 Cancellation 102

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

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

Little Hotelier

MARCH 25, 2024

Cancellation data: How types of guests and times of year affect cancellation and no-show rates. bad weather, surprise events or event cancellations). Work to identify opportunities and understand why issues occur, such as the reason behind cancellations and no-shows.

Forecasting 52

Forecasting Cancellation Average Length of Stay Revenue 52

TravelNet

NOVEMBER 9, 2022

We help deliver bookings with characteristics close to the benefits of a direct booking such as access to direct guest communications, ability to use your own cancellation policies, being the merchant of record and more while giving you access to millions of new guests. Partnership Briefly describe what your company does.

Cancellation 52

Cancellation Average Length of Stay Management Revenue 52

Little Hotelier

AUGUST 29, 2023

Top strategies to increase hotel ROI Increasing knowledge and making smart investments is crucial for B&B operators. Generally speaking a return of 6%-12% per year is considered good in the hotel industry. Prioritising your investments correctly will ensure your budget spend is contributing towards increased revenue and occupancy rates.

ROI 98

ROI Hotels Average Length of Stay Revenue 98