Remove Average Length of Stay Remove Cancellation Remove Overbooking
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What is Yield Management: Guide for Hotels

SiteMinder

This can involve overbooking strategies to account for last-minute cancellations or no-shows. Overbooking Strategy : Intentionally accepting more reservations than available rooms, anticipating that a certain percentage of guests will cancel or not show up. This strategy aims to ensure maximum occupancy.

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Top Airbnb alternatives for hotels to expand their distribution

SiteMinder

Due to its longer average length of stay and diverse global customer base that is looking for more home-like accommodations, hotels are able to leverage Airbnb for distribution: simply by positioning larger or multi-bedroom room types, perhaps with kitchens or other amenities, to an audience that may previously not have landed on their own website.