Remove Average Length of Stay Remove Closed To Arrival Remove Overbooking
article thumbnail

What is a booking engine? How to increase profitability and direct bookings

Cloudbeds

On your booking engine, showcase your different rate plans like breakfast included, early-bird, or extended-stay discounts so that travelers can choose the plan that best fits their needs. These reports can shed light on booking trends, average length of stay, and guest preferences to help guide decision-making.

OTA 98
article thumbnail

What is Yield Management: Guide for Hotels

SiteMinder

This can involve overbooking strategies to account for last-minute cancellations or no-shows. This involves tracking key performance indicators (KPIs) like Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Gross Operating Profit Per Available Room (GOPPAR). This strategy aims to ensure maximum occupancy.