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Why properties should consider midterm bookings this summer

SiteMinder

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.

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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.

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Hotel investment: What is a good hotel ROI?

Little Hotelier

The minute you close your guest’s door after showing them their room, you can almost guarantee they will be jumping on the bed to test it out. Here are four hotel investment strategies you should be investing your money in… 1. Quality Bed And Bedding At a Bed and Breakfast, guests have certain expectations, the ‘bed’ is number one.

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Top 7 KPIs every hotelier must track

Hotelogix

Hoteliers across the world, in order to optimise their operations and enhance their profits, closely monitor their KPIs. Let us now look at the Key Performance Indicators or KPI in hospitality industry which can make your hotel business successful when monitored closely by hoteliers : 1.Total

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Hotel metrics: How to measure performance in the hotel industry

SiteMinder

These metrics encompass a wide range of areas, from financial figures like revenue per available room (RevPAR) and average daily rate (ADR) to operational aspects such as occupancy rates and guest satisfaction scores. ALOS – Average length of stay tells you how long your guests stay with you on average.

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For the Love of Partnership: HomeToGo

TravelNet

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.

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What is Yield Management: Guide for Hotels

SiteMinder

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.