Remove Average Length of Stay Remove Forecasting Remove OTA
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What is Yield Management: Guide for Hotels

SiteMinder

Learn more Yield management vs revenue management The goal of yield management is not merely to increase room rates or occupancy; rather, it’s to maximise your hotel’s revenue by forecasting your room supply and demand across a variety of key factors. Informed Decision-Making : Yield management relies heavily on data analytics.

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How decision intelligence unlocks hotel data for better insights

Cloudbeds

Consider booking patterns, cancellation rates, average length of stay, guest preferences for room amenities or dietary restrictions, website and app metrics, competitor rates, and market trends—the list goes on. Decision intelligence unifies the full range of pricing decision-making through both OTAs and direct bookings.

Upsell 99
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Hotel investment: What is a good hotel ROI?

Little Hotelier

With their scale and global reach OTAs provide hotels with a cost-effective way to increase bookings on a pay-per-performance basis. And the most effective way to navigate the world of OTAs is with the use of a channel manager that will allow you manage your connections through one platform. rent): No connection with business activity.

ROI 98
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Minimum stay (MLOS): What is it and how can it be used?

Little Hotelier

This allows you to apply your restrictions in bulk, instead of visiting various OTA extranets to do so. How to set your VRBO minimum stay Setting a minimum stay on VRBO is very similar to Airbnb. This is because you’re likely connected to a number of OTAs and you’ll save time if you update them all at once.

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Hotel revenue optimisation strategies for small hotels

Little Hotelier

Adjust pricing Forecast demand and adjust your room rates well ahead of time. The best channel managers allow you to seamlessly connect with all of your OTAs and channels, and give you clarity and control over all pricing. Here are six revenue optimisation strategies that any independent hotelier can try.

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Hotel metrics: How to measure performance in the hotel industry

SiteMinder

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 offers insights into room demand and helps in forecasting. ALOS – Average length of stay tells you how long your guests stay with you on average.

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How to attract the right guests with hotel market segmentation (step-by-step guide)

Cloudbeds

They typically reserve directly with the hotel or through an online travel agency (OTA) or travel agent at non-negotiated rates. Some hotels break down transient business into subgroups such as OTAs, direct bookings , packages, and consortia. Properties can utilize niche OTAs to effectively target their guest demographics.