Cloudbeds

APRIL 8, 2024

In this guide, we’ll examine how an integrated booking engine brings value to lodging operators, using real-world examples from our customers and advice on what to look for in a new booking system. At the heart of this strategy lies booking engine software that can elevate the guest experience, optimizing it for convenience and profitability.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

Hotelier Magazine

MARCH 11, 2024

This wealth of information available to hoteliers is an asset that can be put to use, but without the right tools to manage the data, it can become less of an asset and more of a hindrance. What is Data Management? Your average booking and your average length of stay are all things that can be aggregated well.

Business 59

Business Average Length of Stay Hospitality Management 59

Cloudbeds

SEPTEMBER 18, 2024

Data analytics is the cornerstone of successful hotel operations. This data can then be used to make changes to improve revenue management, occupancy, guest experience, and operational efficiency. Many properties supplement review data with customer data from post-stay surveys sent through guest messaging apps.

Operations 40

Operations Revenue Management Occupancy Revenue 40

SiteMinder

OCTOBER 9, 2023

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. Hotel operations are incredibly varied, with many moving parts that interact with and support one another.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Little Hotelier

AUGUST 29, 2023

A hotel investment that delivers the goods Little Hotelier’s all-in-one booking and hotel management software can deliver an incredible ROI for your small, independent hotel: up to 63x! Top strategies to increase hotel ROI Increasing knowledge and making smart investments is crucial for B&B operators. Are hotels good investments?

ROI 98

ROI Hotels Average Length of Stay Revenue 98

Hotel Business

SEPTEMBER 14, 2023

Over the last five years, the company has invested more than $275 million in technology, all while expanding its on-the-ground operational support of hotels. We had five central reservation systems, multiple web platforms and 12 different property management systems.” The tools come at no additional cost to Wyndham franchisees. “We’ve

Average Length of Stay 64

Average Length of Stay OTA Revenue Services 64

Hotelogix

OCTOBER 14, 2023

Hoteliers across the world, in order to optimise their operations and enhance their profits, closely monitor their KPIs. That being said, there are a handful of KPIs for hotel general manager which help hoteliers meet the benchmarks set. The RevPAR metric helps in evaluating the hotel’s operational performance.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

Inn Quest

AUGUST 3, 2023

A hotel’s operations can be measured in part by how satisfied its guests are. Average Length of Stay (ALOS): Like repeat guest rate and guest satisfaction survey results, ALOS can show how much visitors like their time at your hotel. Book a demonstration of our award-winning hotel management software here.

Hospitality 87

Hospitality Average Length of Stay Services Business 87

Little Hotelier

MARCH 25, 2024

Three of the most common hotel forecasting methods include: Revenue management forecasting: Used to predict future demand. Operational forecasting: Used to predict the resources required for the smooth operation of your hotel, which helps you to arrange adequate staff levels and order the materials you need.

Forecasting 52

Forecasting Cancellation Average Length of Stay Revenue 52

SiteMinder

FEBRUARY 13, 2023

OTAs, wholesalers and destination management companies reasserted their dominance across SiteMinder’s Top 12 booking channel lists in most markets as international travel returned, with Booking.com remaining the most popular. Stays booked to Spain in August were the longest globally, at 2.65

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

TravelNet

NOVEMBER 9, 2022

Shelley Warsaw, partner relationship manager at TNS, sat down recently with HomeToGo to discuss their experiences using Track. Introduction HomeToGo is the fastest-growing booking channel for property managers worldwide. HomeToGo is the fastest-growing booking channel for property managers worldwide.

Cancellation 52

Cancellation Average Length of Stay Management Revenue 52

Little Hotelier

NOVEMBER 6, 2023

As a small, independent hotelier you may have heard the terms hotel revenue optimisation and hotel revenue management. Channel management Optimise the revenue potential of all your booking channels with a dedicated solution. What is hotel revenue optimisation? So what is revenue optimisation?

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

SiteMinder

OCTOBER 20, 2022

In this blog post, we explore how Airbnb as a distribution partner to hotels is different, what Airbnb competitors are out there and what alternatives hoteliers might want to consider in order to diversify their reach using channel managers. Table of contents. What are the benefits of listing your hotel on Airbnb?

Average Length of Stay 52

Average Length of Stay Hotels Accommodation Management 52

SiteMinder

JUNE 2, 2022

Run reports that detail data analysis and operational activities. Consider the following when actioning a revenue management strategy: RevPAR – Revenue per available room gives you an idea of your ability to fill your rooms at an average rate. Clearly define how you will measure each KPI. Sentiment and brand reputation.

KPI 52

KPI Revenue Occupancy Hotels 52

Cloudbeds

MARCH 20, 2023

It is a fundamental process of revenue management, but also brings benefits to marketing, operations, and the guest experience. When lodging operators divide guests into segments, they can be more targeted in promotions, communications, and guest services to increase revenue, guest loyalty, and guest satisfaction.

Hotel Marketing 52

Hotel Marketing Marketing Market Average Daily Rate 52

Travel Media Group

APRIL 12, 2023

And, at one point, when I was six years old, we stayed, we lived in a hotel for, for three months, and that hotel was my playground and the general manager of that hotel was like a god for me. At one point I studied, in Lozan in Switzerland, hotel management. It was in Jakarta and it was the Hilton International in 1981.

Hospitality 98

Hospitality Travel Business Marketing 98

SiteMinder

NOVEMBER 30, 2023

Turn statistics into revenue for your hotel To act strategically on the data you collect, you need a hotel platform like SiteMinder to provide sophisticated booking, revenue, and management capabilities. Tourists spend an average of 167 USD per day in Thailand. The average length of stay in Thailand is 9 days.

Travel 52

Travel Accommodation Tourism Hotels 52

Hotelier Magazine

MAY 16, 2023

The first release of STR Benchmarking focuses on property-level data and analytics for hotel owners and operators with enhanced functionality built on the foundation of the renowned STAR Report.

Average Length of Stay 52

Average Length of Stay Market Share Scale Occupancy 52

Cloudbeds

MARCH 16, 2023

SAN DIEGO, CA) March 16, 2023 — Cloudbeds, the hospitality management platform powering more reservations and happier guests for lodging businesses around the globe, today announced the launch of its inaugural State of Independent Lodging Report. The next most popular length of stay was 3 to 4 nights. 1 PMS, No.

Average Length of Stay 52

Average Length of Stay Average Daily Rate OTA Occupancy 52

Hotel Business

MARCH 16, 2023

Hospitality management platform Cloudbeds has unveiled its inaugural State of Independent Lodging Report. Our mission is to arm owners and operators with clarity as they navigate the ever-changing travel landscape.” In North America, the average booking window exceeded 2019 levels by five days; in Europe, two days.

Average Length of Stay 52

Average Length of Stay OTA Occupancy Digital Marketing 52